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Thai SEC files criminal complaint against Binance over unregistered operations

Thai SEC files criminal complaint against Binance over unregistered operations

Thailand’s Securities and Exchange Commission (SEC) has filed a criminal complaint against Binance over unregistered operations.

The post Thai SEC files criminal complaint against Binance over unregistered operations appeared first on The Block.

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Cayman Islands regulator is investigating Binance’s activities in the territory

Binance responded that it runs Binance.com in a decentralized manner and denies it operates the crypto exchange out of the Cayman Islands.

The post Cayman Islands regulator is investigating Binance’s activities in the territory appeared first on The Block.

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Community Gaming raises $2.3 million in seed funding from CoinFund, Dapper Labs, and more

The e-sports tournament organizer Community Gaming announced Thursday that it raised $2.3 million in seed funding.

The post Community Gaming raises $2.3 million in seed funding from CoinFund, Dapper Labs, and more appeared first on The Block.

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Bitcoin Mining Council paints rosy picture of how much sustainable energy the network is using

On July 1, the Bitcoin Mining Council released its first round of estimates for the energy mix used by the Bitcoin network.

The post Bitcoin Mining Council paints rosy picture of how much sustainable energy the network is using appeared first on The Block.

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NFT digital property company Animoca Brands raises a total of $139 million in recent funding round

The Hong-Kong based firm raised nearly $139 million total in its most recent funding round, adding to the company’s $1 billion valuation.

The post NFT digital property company Animoca Brands raises a total of $139 million in recent funding round appeared first on The Block.

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Robinhood’s S-1 goes public, detailing big surge in its crypto business unit since the start of 2021

Brokerage app company Robinhood’s S-1 filing with the Securities and Exchange Commission (SEC) went public on Thursday as part of the firm’s bid to go public.

The post Robinhood’s S-1 goes public, detailing big surge in its crypto business unit since the start of 2021 appeared first on The Block.

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After acquisition, BlockTower looks to capitalize on Wall Street’s hunt for yield

BlockTower Capital, the cryptocurrency investment firm, is capitalizing on Wall Street’s unquenchable thirst for yield. 

The post After acquisition, BlockTower looks to capitalize on Wall Street’s hunt for yield appeared first on The Block.

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June by the numbers: A look at crypto exchange volumes, open interest, and miner revenue

Quick Take

  • Most metrics recorded record severe declines in June, with Ethereum metrics recording a higher beta than Bitcoin metrics.
  • Total adjusted on-chain volume decreased by 46.6% to $572.7 billion.
  • Stablecoin supply grew slightly by 3.7% to a new all-time high of $105.4 billion. Notably, Tether did not issue any more stablecoins in June.
  • Centralized exchange spot trading volumes declined by 56% to $958.3 billion.

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NFT collection by digital artist FEWOCiOUS rakes in over $2 million at Christie’s

The collection was inspired by the 18-year-old artist’s experiences as a young, transgender artist growing up in an abusive household. 

The post NFT collection by digital artist FEWOCiOUS rakes in over $2 million at Christie’s appeared first on The Block.

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Bitcoin and Ethereum miner revenue declined by 42% and 53%, respectively, in June

The total revenue of Bitcoin and Ethereum miners declined by 42% and 53%, respectively, in June, compared to the previous month.

The post Bitcoin and Ethereum miner revenue declined by 42% and 53%, respectively, in June appeared first on The Block.

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