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Iran has temporarily banned the mining of cryptocurrencies, such as bitcoin, until September of this year.
The post Iran bans crypto mining until September amid power blackouts appeared first on The Block.
Crypto exchange Gemini has added GUSD stablecoin to its interest-earning product called Earn, offering 7.4% APY.
The post Gemini adds GUSD to its Earn product, offering 7.4% interest on the stablecoin appeared first on The Block.
Quick Take
- NYDIG has evolved out of an in-house stealth project to become the leading full-service, vertically integrated Bitcoin financial services firm which helps institutions, funds, and corporates of all shapes and sizes acquire and secure bitcoin.
- The company has managed to secure one of the largest cumulative funding amounts in the entire crypto ecosystem (~$400 million), and counts New York Life, Morgan Stanley, Mass Mutual, among others as strategic investors.
- Looking ahead, the firm remains on a shortlist of US-listed bitcoin ETF applicants and is a trust custodian for a separate proposal. Other opportunities such as banking and credit-based solutions, bitcoin exposure insurance products, and other Crypto-as-a-Service capabilities remain strong growth opportunities for the firm over the next 12-18 months.
The total supply of dollar-pegged stablecoins has surged past the $100 billion mark, according to The Block’s Data Dashboard.
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Luno has been forced to amend a controversial advertising campaign in the United Kingdom capital after regulators stepped in.
The post Crypto app Luno forced to amend Bitcoin ads in London appeared first on The Block.
Details about the project are scant though it appears GameStop will use Ethereum as a technology base.
The post Gaming retailer GameStop is building an NFT platform on Ethereum appeared first on The Block.
The Block’s Frank Chaparro chats with Cambrian Asset Management’s Martin Green.
The post Crypto quant hedge fund CIO explains the impact of Elon Musk’s tweets on the bitcoin market appeared first on The Block.
That $15 million investment in Airtm is now the Fund’s largest investment on record. Looking at the 2021 fiscal year, Airtm is Stellar’s third investment focused on Latin America and the fifth one overall.
The post Stellar Development Foundation invests $15 million in Latin American crypto startup Airtm appeared first on The Block.
Galaxy snaps up crypto hedge fund solutions firm in a bid to beef up its asset management business.
The post Galaxy Digital snaps up Vision Hill in bid to beef up asset management appeared first on The Block.
