FreeCryptoCurrency.Me

CMB International, a wholly-owned subsidiary of China Merchants Bank, and China-based Nervos Foundation have jointly launched a $50 million blockchain fund.

The post China Merchants Bank subsidiary and Nervos Foundation launch $50 million blockchain fund appeared first on The Block.

The firm announced Tuesday it has onboarded former BitLicense compliance head Cassandra Lentchner as COO across all BitGo trusts.

The post BitGo onboards former NYDFS and BitLicense regulator as COO appeared first on The Block.

Acting Comptroller of the Currency Michael Hsu has requested a review of pending regulatory actions, including crypto-related guidance.

The post Acting OCC chief has begun a staff review of crypto-related actions appeared first on The Block.

In an announcement from the firm today, it said the new, lower hash rate cards will start shipping in late May.

The post Nvidia weakens potential hash rate from GeForce chips to discourage miners from using its GPUs appeared first on The Block.

Quick Take

• Investment in DeFi accounted for 26% of the $3.18 billion that private investors poured into crypto and blockchain projects in the first quarter of 2021.
• Backing DeFi projects requires venturing into uncharted waters relative to traditional equity investing.
• The Block spoke with a half dozen VCs to learn about how they are approaching the new field.

MicroStrategy now owns 92,079 bitcoins worth $2.25 billion total.

The post MicroStrategy adds another $10 million in bitcoin to its holdings appeared first on The Block.

Axios reported that the exchange is looking for a media editor to helm the operation — while reporting to Coinbase’s marketing team.

The post Coinbase plans ‘media arm’ that reports to its marketing team: report appeared first on The Block.

Three Chinese self-regulatory organizations have published a statement to reiterate the country’s stance on crypto businesses.

The post Three self-regulatory organizations reiterate China’s 2017 stance on crypto amid market volatility appeared first on The Block.

Fox is launching an NFT company, Blockchain Creative Labs, and a blockchain-based animated series, “Krapopolis.”

The post Fox is launching an NFT company and a blockchain-based animated series appeared first on The Block.

London-based crypto custodian Copper has raised $50 million in a Series B round led by Dawn Capital and Target Global.

The post Crypto custodian Copper closes $50 million Series B raise appeared first on The Block.