Quick Take
- The demand for talent in the crypto market is higher than it’s ever been before.
- Firms are getting creative to woo talent.
- Many crypto firms are leaning on tokens and their VC investors for help.
The supply of the stablecoin Tether (USDT) has been flat since the beginning of this month, according to The Block’s Data Dashboard.
The post Tether’s supply hasn’t grown since the start of June. Here’s why appeared first on The Block.
The plunge comes after Sichuan ordered state-owned power grid to cut the energy supply for 26 local mining farms as an initial target.
The post Chinese bitcoin mining pools see further hash rate plunge on Sichuan shutdown order appeared first on The Block.
Quick Take
- Xinjiang said to have shut down nearly two gigawatts of coal-based bitcoin miners.
- Sichuan has also ordered some miners to shut down.
- The global environmental implications for the bitcoin network depend on where China’s miners decide to move.
The Block’s Frank Chaparro and Mika Honkasalo chat recent developments in the decentralized finance (DeFi) marketplace.
The post The two signs of strength in DeFi today, according to The Block’s Mika Honkasalo appeared first on The Block.
HM Treasury said the FCA has increased the resources it has allocated to assessing applications to the cryptoasset register.
The post UK regulator commits more resources to assessing crypto firms, says HM Treasury appeared first on The Block.
Galaxy Digital is now serving as a liquidity provider for Goldman Sachs’ bitcoin futures block trades, a move that comes as the Wall Street investment giant ramps up its crypto-related services.
The post Galaxy Digital is now serving as Goldman Sachs’ liquidity provider for bitcoin futures trades appeared first on The Block.
Digital real estate firm Republic Realm bought the estate for $913,000 worth of the game’s native MANA token.
The post An estate in virtual world Decentraland just sold for nearly a million dollars appeared first on The Block.
The post BunnyPark NFT Big Bang Blind Box appeared first on The Block.
Spanish banking giant BBVA’s swiss entity, BBVA Switzerland, has started offering bitcoin trading and custody services.
The post Banking giant BBVA opens bitcoin trading and custody services in Switzerland appeared first on The Block.
