The premium auction, titled “Genesis,” will feature non-fungible tokens of popular works by Andy Warhol and Salvador Dali.
The post Binance to launch NFT marketplace with sale featuring works by Warhol and Dali appeared first on The Block.
Bitcoin hashrate, or the total computational power to mine the cryptocurrency, has dropped by nearly 50% in over a month.
The post Bitcoin hashrate drops by nearly 50% following China’s mining crackdown appeared first on The Block.
About 50EH/s of hash rate has gone offline and Bitmain has to suspend its new bitcoin miner sales to not add more supply to the market
The post Secondhand bitcoin miner supply is spiking after China’s shutdown orders appeared first on The Block.
The Bank for International Settlements speaks ever more optimistically about CBDCs in global banking.
The post BIS steps up encouragement for CBDCs, says they can coexist with private stablecoins appeared first on The Block.
Quick Take
- Ethereum gas fees reached record highs in the first half of 2021 but have since dropped dramatically in step with reduced on-chain volume
- The reduction of gas token usage and the rise of Flashbots appear to have benefitted network congestion overall, subduing gas fees
- L2 scaling solutions are beginning to increase in adoption and stand to help lower gas fees further in the future with sufficient growth
Quick Take
- Large corporates are giving bitcoin the cold shoulder amid its price rout.
- The tax headaches of adding bitcoin to a public company’s balance sheet make the move a non-starter for some.
The SEC charged John Wise and his company Loci Inc for allegedly selling an unregistered digital asset and making false statements related to its sale.
The post SEC accuses CEO of crypto startup Loci of selling unregistered digital assets appeared first on The Block.
Blockchain Capital, the long-running VC firm focused on the crypto space, has closed a new fund with $300 million in backing.
The post $300 million: Blockchain Capital raises new fund with backing from PayPal and Visa appeared first on The Block.
In her new position, Lader will play a key role in working with the Uniswap’s community to expand its growth.
The post Decentralized exchange Uniswap has hired its first chief operating officer appeared first on The Block.
Coinbase stock is down a whopping 49% over its all-time high of nearly $430 reached on its listing day in mid-April.
The post Coinbase stock is trading at around $220, near an all-time low appeared first on The Block.
