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After Europe, Binance now shuts derivatives trading for Hong Kong users

After Europe, Binance now shuts derivatives trading for Hong Kong users

Crypto exchange Binance will no longer offer crypto derivatives trading to users in Hong Kong.

The post After Europe, Binance now shuts derivatives trading for Hong Kong users appeared first on The Block.

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NASCAR links partnership with the startup behind a blockchain-based digital horse racing game

Auto racing company NASCAR has partnered with the team behind the blockchain-based digital horse racing game ZED RUN to create a “brand new, futuristic fandom experience.”

The post NASCAR links partnership with the startup behind a blockchain-based digital horse racing game appeared first on The Block.

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Axie Infinity is getting so popular it has struggled to stay running

Quick Take

  • The so-called play-to-earn game Axie Infinity has seen its total number of daily active users increase by over 233% since the end of June, hitting 900,000 players last month.
  • The platform, developed by game studio Sky Mavis, has grown at such a staggering rate that its server has struggled to keep up, causing several shutdowns in recent weeks.

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Sen. Portman throws support behind amendment to his crypto provision in infrastructure bill

Portman sides with the Wyden-Toomey-Lummis amendment after all.

The post Sen. Portman throws support behind amendment to his crypto provision in infrastructure bill appeared first on The Block.

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Newly-filed legislation in Uruguay aims to regulate digital assets

The bill would legalize digital assets and allow businesses in Uruguay to accept crypto for payments.

The post Newly-filed legislation in Uruguay aims to regulate digital assets appeared first on The Block.

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Market making giant Virtu Financial is now active on Coinbase and Gemini

Virtu CEO Doug Cifu said its crypto market making activity has doubled between the first and second quarter.

The post Market making giant Virtu Financial is now active on Coinbase and Gemini appeared first on The Block.

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Federal Reserve governor says private stablecoins are likely better than CBDCs

A leader at the Federal Reserve is the latest to suggest that private stablecoins could do what a digital dollar is supposed to do, but better.

The post Federal Reserve governor says private stablecoins are likely better than CBDCs appeared first on The Block.

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Former Homeland Security agent joins Huobi Trust as COO

Huobi Trust has hired former Homeland Security agent Robert Whitaker as its first COO.

The post Former Homeland Security agent joins Huobi Trust as COO appeared first on The Block.

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Layer by Layer: An Update on Binance Smart Chain, Solana, Cosmos, and Terra

Quick Take

  • This continuing series breaks down some of the latest developments from L1 chains, from DeFi and bridges to network activity and funding
  • Recently, gaming and NFT projects have captured the attention of investors and DeFi users, and these verticals begun to spread from Ethereum to other chains
  • This week, we look at Binance Smart Chain, Solana, Cosmos, and Terra

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Steve Cohen’s Point72 makes first crypto venture investment, leads Messari’s $21M raise

Point72 Ventures is leading crypto research firm Messari’s $21 million funding round.

The post Steve Cohen’s Point72 makes first crypto venture investment, leads Messari’s $21M raise appeared first on The Block.

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