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“It is only worth what someone else will buy it from you for,” said Ackman.

The post Billionaire investor Bill Ackman says he wouldn’t invest in bitcoin because it is purely speculative appeared first on The Block.

FinCEN is soliciting participation from companies dealing with certain privacy tech for its Innovation Hours Program on September 9, 2021.

The post FinCEN seeks presentations on zero-knowledge proofs, other privacy tech for September event appeared first on The Block.

The team behind Uniswap has begun preparing for its deployment on Arbitrum, assuming a snapshot vote passes.

The post Uniswap likely to expand to Ethereum scaling solution Arbitrum appeared first on The Block.

Within its use of Chainalysis’ tools, it also wants OFAC employees to take advantage of its training courses.

The post OFAC wants to use blockchain analytics tools from Chainalysis appeared first on The Block.

Elliptic published its 2021 Sanctions Compliance in Cryptocurrencies report describing trends in crypto compliance — and its avoidance.

The post New Elliptic report describes how crypto-savvy criminals skirt OFAC sanctions  appeared first on The Block.

According to blockchain analytics provider Chainalysis, big investors bought the dip when bitcoin’s price dropped to $30,000.

The post Whales bought $3 billion of Bitcoin when its price fell, says Chainalysis appeared first on The Block.

Quick Take

• Polygon is a scaling solution built on top of the Ethereum blockchain
• Since its rebranding in February, Polygon has grown in TVL from 0.5B to 5B in May, with notable partnerships with AAVE, Curve Finance and SushiSwap
• Polygon intends to build a suite of scaling solutions ranging from Plasma Chains (which is currently live) to Rollups, and become Ethereum’s Internet of Blockchains infrastructure

Sichuan’s energy regulator is hosting a seminar to gauge how much closing bitcoin mining activities would impact the local economy.

The post Sichuan hosts seminar to gauge bitcoin mining ban’s impact on hydropower economy appeared first on The Block.

Ethereum’s next-generation iteration, known as Ethereum 2.0 or Eth2, has been cited as a potential threat to demand by Nvidia for its graphics card (GPU) products.

The post Nvidia: Ethereum’s shift to proof-of-stake could reduce demand for GPUs appeared first on The Block.

Billionaire investor Carl Icahn is eyeing the crypto space, according to a Wednesday interview, though he appeared to demur on the idea of making direct purchases in the immediate. 

The post Carl Icahn hints at investments in the crypto space, says ‘I’m looking at the whole business’ appeared first on The Block.