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Venmo launches crypto cashback for credit cards

Venmo launches crypto cashback for credit cards

Venmo, the mobile payments app owned by PayPal, has announced that it is launching a new crypto cashback tool.

The post Venmo launches crypto cashback for credit cards appeared first on The Block.

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At least $611 million stolen in massive cross-chain hack

Cross-chain protocol Poly Network has been hacked for $611 million. The team is calling for exchanges to block the stolen funds.

The post At least $611 million stolen in massive cross-chain hack appeared first on The Block.

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Gemini acqui-hires DeFi platform Guesser to grow adoption of its GUSD stablecoin

Gemini has acqui-hired decentralized predictions platform Guesser to grow the adoption of its GUSD stablecoin.

The post Gemini acqui-hires DeFi platform Guesser to grow adoption of its GUSD stablecoin appeared first on The Block.

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Twitter’s collection of 140 NFTs generates over $5 million in trading volume

Twitter’s inaugural collection of non-fungible tokens has generated $5.3 million in trading volume on NFT marketplace OpenSea.

The post Twitter’s collection of 140 NFTs generates over $5 million in trading volume appeared first on The Block.

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Axie Infinity overtakes NBA Top Shot in weekly NFT transactions

The play-to-earn platform, which has experienced a recent surge in popularity, now accounts for the majority of weekly NFT transactions.

The post Axie Infinity overtakes NBA Top Shot in weekly NFT transactions appeared first on The Block.

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Mapping out Fenbushi Capital Portfolio

Quick Take

  • Fenbushi Capital is one of the first and most active Blockchain exclusive venture capital firms in Asia
  • More than a quarter of Fenbushi’s investments have been focused across the Enterprise/Analytics / Trading & Brokerage verticals
  • In total, Fenbushi has invested in a total of 107 projects across seventeen verticals, which The Block has mapped out

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BitMEX scores multi-year deal with AC Milan to put logo on players’ sleeves

Crypto exchange BitMEX has partnered with football club AC Milan to advertise its logo on the sleeves of the official match kits.

The post BitMEX scores multi-year deal with AC Milan to put logo on players’ sleeves appeared first on The Block.

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Indian crypto exchange CoinDCX becomes a unicorn with latest $90 million funding

India-based crypto exchange CoinDCX is now valued at $1.1 billion after raising $90 million in a Series C funding round.

The post Indian crypto exchange CoinDCX becomes a unicorn with latest $90 million funding appeared first on The Block.

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Crypto compromise dies in the Senate due to last-minute defense spending proposal

A late-stage defense spending proposal from Richard Shelby kills an amendment that sought to protect miners, stakers and software developers.

The post Crypto compromise dies in the Senate due to last-minute defense spending proposal appeared first on The Block.

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How China’s crackdown has shaken up the bitcoin mining pool market share

Quick Take

  • China’s crackdown on Bitcoin mining has dramatically reshuffled not only the network’s geography but also the market share of major mining pools.
  • This piece breaks down the numbers behind the mining pool reshuffle.

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