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Genesis quarterly report shows ‘relentless’ demand for dollars in crypto credit market

Genesis quarterly report shows ‘relentless’ demand for dollars in crypto credit market

Since Genesis Global Trading launched a lending business in 2018, it has originated more than $40 billion loans — and that growth doesn’t appear to be slowing down.  The firm, which releases a breakdown of its business across trading, lending, and derivatives every quarter, saw active loans outstanding on its platform increase 136% relative to […]

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Auction house Sotheby’s to accept bitcoin and ether for a physical artwork via Coinbase

Centuries-old auction house Sotheby’s has collaborated with Coinbase to accept bitcoin and ether for a physical artwork for the first time.

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Robinhood CEO holds up crypto exchanges as model for faster stock settlement

Tenev also reaffirmed Robinhood’s commitment to letting users move coins off of the platform in a conversation with Paxos CEO Charles Cascarilla.

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Under the shadow of the SEC, David Schwartz has been tinkering with Ripple’s payment tools

Quick Take

  • With Ripple’s legal troubles in the background, the firm’s CTO David Schwartz is focused on improving its payments network.
  • According to Schwartz, recent technical improvements to Ripple’s XRP Ledger will help make the system a better alternative to certain cross-border payment systems.

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S&P’s new bitcoin, ether indexes could help banks move into the crypto market

S&P Dow Jones Indices, the firm behind the ubiquitous S&P 500, announced Tuesday the launch of three new crypto indexes.

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Digital Dollar Project to launch five CBDC pilots in the coming months

The Digital Dollar Project has committed to launching “at least” five pilot programs in the next year to test possible frameworks for a CBDC.

The post Digital Dollar Project to launch five CBDC pilots in the coming months appeared first on The Block.

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Crypto exchange Gemini adds support for Dogecoin

Cryptocurrency exchange Gemini has added support for the meme-themed cryptocurrency dogecoin, which has risen in popularity and price in recent months.

The post Crypto exchange Gemini adds support for Dogecoin appeared first on The Block.

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NY bill proposes moratorium on crypto mines and mandates environmental impact assessments

A new bill on the floor of the New York State Senate aims to prohibit crypto mining centers from operating until the state can assess their environmental impact.

The post NY bill proposes moratorium on crypto mines and mandates environmental impact assessments appeared first on The Block.

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Multicoin Capital announces new $100 million fund to invest in DeFi, NFT and other projects

Crypto venture firm Multicoin Capital has announced its second fund worth $100 million to invest in DeFi, NFT, and other projects.

The post Multicoin Capital announces new $100 million fund to invest in DeFi, NFT and other projects appeared first on The Block.

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[SPONSORED] Binance Invests in NFTb to drive NFT growth on BSC

Alongside building their own platform, Binance is also keen to drive adoption and investment in the NFT space by investing in parallel platforms. That’s why they’ve recently led the funding round for NFTb, a community owned NFT platform that is itself built on the Binance platform.

The post Binance Invests in NFTb to drive NFT growth on BSC appeared first on The Block.

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