More than $2 billion in crypto futures long positions have been liquidated over the past hour, Bybt data shows.
The post BTC dropped below $50,000 as $2 billion in crypto long positions liquidated appeared first on The Block.
Elon Musk tweeted out a statement on Wednesday night explaining why the electric carmaker has stopped taking bitcoin as payment for its cars.
The post Tesla stops taking bitcoin for car purchases, citing ‘great cost to the environment’ appeared first on The Block.
Diem has also named Silvergate Bank as the exclusive issuer of its much-delayed USD-backed stablecoin, though it has not given a launch date.
The post Diem leaves Switzerland for US, announces plan to work with Silvergate on dollar-backed stablecoin appeared first on The Block.
Ethereum creator Vitalik Buterin has sold a range of dog-themed tokens he was given for free, swapping them for more ether.
The post Vitalik Buterin donates more than $60M to charity after selling meme tokens including Shiba Inu appeared first on The Block.
Quick Take
- The Block was able to access China’s new e-CNY wallet from inside the mobile app of the Industrial and Commercial Bank of China.
- A hands-on review shows that the e-CNY wallet is fully functional and can be used to pay for goods and initiate transactions.
A hacker borrowed $258 million to attack DeFi protocol xToken and stole a range of tokens, including ether.
The post Attacker uses flash loans in $24.5 million exploit of DeFi protocol xToken appeared first on The Block.
Melissa Netram joins a growing list of regulators and government officials who are jumping into crypto.
The post Lobbying firm linked to Ripple, Facebook hires former CFTC chief innovation officer appeared first on The Block.
Attrace, a startup that is building a decentralized referral network, has raised $2.5 million in a seed extension round.
The post Deribit founders lead $2.5 million round for decentralized referral network Attrace appeared first on The Block.
Bitwise launches ETF tracking 30 “crypto stocks.”
The post Crypto stocks not coins: Bitwise kicks off trading in new crypto innovators ETF appeared first on The Block.
Money transfer firm MoneyGram will now accept bitcoin with the help of Coinme. The two plan to expand internationally in the coming months.
The post MoneyGram inks partnership with Coinme to sell bitcoin at its locations appeared first on The Block.
