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Chainalysis’ valuation hits $4.2 billion after $100 million Series E fundraise

Chainalysis’ valuation hits $4.2 billion after $100 million Series E fundraise

Chainalysis’ latest fundraise sees the firm’s valuation grow by $2 billion since March, coinciding with a massive surge in interest in crypto tracking.

The post Chainalysis’ valuation hits $4.2 billion after $100 million Series E fundraise appeared first on The Block.

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Supporters of Hong Kong’s Apple Daily are storing its archives on a blockchain after the government shut it down

Hong Kong’s pro-democracy tabloid Apple Daily has been forced to shut down by the government. And now it is being archived on blockchain.

The post Supporters of Hong Kong’s Apple Daily are storing its archives on a blockchain after the government shut it down appeared first on The Block.

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Digital Assets launches Solana-based tokenized stocks on FTX

Digital Assets AG, a Switzerland-based firm that tokenizes financial instruments, has launched tokenized stocks on the Solana blockchain.

The post Digital Assets launches Solana-based tokenized stocks on FTX appeared first on The Block.

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[SPONSORED] Nexo’s New Feature Gives Borrowing Clients Full Control Over Their Collateral

Nexo has unveiled a new feature, unrivaled in the crypto space, which allows customers of crypto-backed credit lines to preserve the value of their collateralized assets in a dipping market, while improving the overall health of their loans.

The post Nexo’s New Feature Gives Borrowing Clients Full Control Over Their Collateral appeared first on The Block.

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‘Largest crypto fund ever:’ a16z officially launches new $2.2 billion crypto venture fund

Andreessen Horowitz says its new “Crypto Fund III” is the largest crypto VC fund ever raised. The firm also announced several new hires.

The post ‘Largest crypto fund ever:’ a16z officially launches new $2.2 billion crypto venture fund appeared first on The Block.

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UK regulator approves fifth crypto company for crypto-asset register

Mode Global Holdings, a London-listed fintech app, has become the fifth company to be added to the Financial Conduct Authority’s crypto-assets register.

The post UK regulator approves fifth crypto company for crypto-asset register appeared first on The Block.

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New York City will become a bitcoin center, says city’s mayoral lead Eric Adams

Eric Adams, the current front-runner in the 2021 New York City mayoral election in the Democratic primary, appears to be pro-crypto.

The post New York City will become a bitcoin center, says city’s mayoral lead Eric Adams appeared first on The Block.

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Canaan begins its own bitcoin mining operations in Kazakhstan

Nasdaq-listed bitcoin mining machines manufacturer Canaan has begun its own bitcoin mining operations in Kazakhstan.

The post Canaan begins its own bitcoin mining operations in Kazakhstan appeared first on The Block.

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32 DeFi Charts: DEX downturn, stablecoin yields, structured products, ETH2 staking, Web3, etc.

Quick Take

  • This research piece contains 32 charts relating to the latest developments in DeFi — this includes an overview of Ethereum and Polygon, DEX trading volumes, structured products, etc.
  • Trading-related protocols (namely decentralized exchanges and derivatives platforms) have seen the highest drop in interest.
  • Still, opportunities for high yields remain available (particularly for stablecoins) and have contributed to the continued growth of lending protocols and structured products.

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Reddit is selling three Ethereum NFTs featuring its mascot Snoo

Reddit is auctioning off a very limited number of NFTs built on the Ethereum blockchain.

The post Reddit is selling three Ethereum NFTs featuring its mascot Snoo appeared first on The Block.

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