Bitcoin mining firm Genesis Digital Assets has ordered 10,000 more machines from Canaan, the China-based mining hardware maker.
The post Bitcoin mining firm Genesis orders 10,000 more machines from Canaan appeared first on The Block.
Quick Take
- Bancor v2.1 is an automated market maker that enables liquidity provision with single-sided exposure
- Their impermanent loss insurance fund protects long-term liquidity providers from the impermanent loss at the expense of BNT token holders
- Bancor’s growth in total value locked and volume is significant but still behind their main competitors, such as Uniswap and SushiSwap
An average of 7.2% of hedge funds’ assets will be in crypto. In other words, $312 billion worth of cryptocurrency will be held by asset managers in just five years.
The post Survey finds that many hedge funds plan to invest in crypto by 2026 appeared first on The Block.
A pair of Congressional hearings on central bank digital currencies indicates the direction Washington might take on the question of how to digitize the U.S. dollar.
The post What we learned from the past week’s CBDC hearings in Congress appeared first on The Block.
Each month The Block Research team hosts member exclusive events covering the most important topics in the digital asset space.
In this member exclusive event The Block Research analyst Steven Zheng shares methods in sourcing and analyzing new projects. Topics in this presentation include:
- The first steps researchers take to source new crypto projects
- The tools used by researchers to analyze and verify projects
- How to follow the market movers of the crypto industry
A new SEC filing indicates that a new bitcoin-focused fund will be made available to Morgan Stanley clients.
The post NYDIG, FS Investments file for new Morgan Stanley-focused bitcoin fund appeared first on The Block.
Quick Take
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dYdX has just raised $65 million in a round led by Paradigm.
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The derivatives exchange launched a new Layer 2 solution earlier this year in the hope of making the platform less costly to use.
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Founder Juliano now wants to take on the likes of Binance, Huobi and FTX.
Bitcoin is set to integrate the privacy-focused upgrade known as Taproot later this year.
The post Taproot, Bitcoin’s long-in-the-making upgrade, achieves activation lock-in appeared first on The Block.
Today’s missive specifically related to what Congress members feel is “ambiguity” regarding appraisals for charitable donations.
The post Lawmakers call on IRS to amend form for charitable donations in crypto appeared first on The Block.
State Street wants to send a message to Wall Street: the custodial banking firm is serious about digital assets.
The post State Street stands up new crypto unit as it eyes potential custody, DeFi products appeared first on The Block.
