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Coinbase CEO: We plan to list every crypto asset where legally viable

Coinbase CEO: We plan to list every crypto asset where legally viable

Coinbase CEO Brian Armstrong said the exchange’s goal is to list every crypto asset, as long as it is legal to do so.

The post Coinbase CEO: We plan to list every crypto asset where legally viable appeared first on The Block.

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The UK’s Binance ban shows ‘how little control’ regulators have over sprawling crypto giants

Quick Take

  • The U.K.’s Financial Conduct Authority issued a notice on June 26 barring Binance from engaging in “regulated” activities in the U.K.
  • Crypto industry sources say the action is likely to have little or no consequence for the business that Binance does in the U.K.

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Mapping out IOSG Ventures’ portfolio

Quick Take

  • IOSG Ventures is an investment and research firm focused on the blockchain/crypto sector with offices in Singapore and Shenzhen, China
  • The firm recently raised $60 million during its first closing of a second fund that will focus on DeFi, NFTs/Social tokens, as well as layer-2 technologies
  •  In total, the firm’s active portfolio consists of at least 64 startups and protocols across twelve verticals, which The Block has mapped out

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Coinbase’s German entity becomes first firm authorized to provide crypto custody in the country

Germany’s Federal Financial Supervisory Authority, or BaFin, announced the approval of Coinbase Germany’s custody business on Monday.

The post Coinbase’s German entity becomes first firm authorized to provide crypto custody in the country appeared first on The Block.

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Crypto exchange Huobi bans Chinese residents from trading derivatives

The exchange has prohibited its users in China from accessing derivatives markets, having already reduced the amount of leverage available.

The post Crypto exchange Huobi bans Chinese residents from trading derivatives appeared first on The Block.

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DeFi attacks: the second part of the recap

Quick Take

  • DeFi protocols’ losses for the second six months of DeFi attacks reached $100M+
  • Whitehat hackers’ and some exploiters returned another $30M
  • Despite the similarity of most of the attacks, their complexity has grown much stronger

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Event confirms Elon Musk will discuss bitcoin with Jack Dorsey in July

A spokesperson for the event has confirmed that Tesla CEO Elon Musk will share a stage with Twitter CEO Jack Dorsey next month.

The post Event confirms Elon Musk will discuss bitcoin with Jack Dorsey in July appeared first on The Block.

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CoinFund set to launch new investment vehicle for NFTs

The planned vehicle, called Metaversal, which will serve as both a way for investors to bet on the market and as a development studio.

The post CoinFund set to launch new investment vehicle for NFTs appeared first on The Block.

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UK regulator bans crypto exchange Binance from operating in the country

The U.K.’s Financial Conduct Authority (FCA) has ordered crypto exchange Binance to stop operating in the country.

The post UK regulator bans crypto exchange Binance from operating in the country appeared first on The Block.

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Bitcoin mining difficulty could see record drop over 20% in next adjustment

The difficulty and hash rate drop are on-chain reflections of the magnitude of China’s recent orders that bitcoin miners shut down.

The post Bitcoin mining difficulty could see record drop over 20% in next adjustment appeared first on The Block.

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