Turkey’s legislation against cryptocurrency will fully go into effect on April 30.
The post Turkey’s Vebitcoin is the second exchange to collapse after central bank’s crypto payments ban appeared first on The Block.
Quick Take
- A crypto billionaire who goes by the name MetaKovan recently paid $69 million for an NFT by the digital artist Beeple.
- Who is MetaKovan and why does he think this art is actually worth $1 billion?
The Kansas City Chiefs player announced he will convert all his earnings to bitcoin using third-party payments service Zap by Strike.
The post Sean Culkin of the Kansas City Chiefs becomes first NFL player to convert entire salary to bitcoin appeared first on The Block.
The LCX Exchange is a next generation of cryptocurrency exchange. LCX is an international fintech company with users from more than 100 countries.
The post LCX Exchange sweepstake goes live until May 1st appeared first on The Block.
Banking giant JPMorgan is reportedly preparing to offer its own actively managed bitcoin fund to private wealth management clients.
The post JPMorgan is preparing to offer an actively managed bitcoin fund: Report appeared first on The Block.
Securrency, a blockchain-based compliance tools provider, has raised $30 million in a Series B funding round.
The post Blockchain-based compliance tools provider Securrency raises $30 million in Series B funding appeared first on The Block.
Quick Take
- Founded in 2018 by Daniel Shin, Terra is a blockchain protocol that enables the usage of fiat-backed stablecoins for global payments
- Aside from payments, Terraform Labs, the firm behind the development of Terra, is working on other financial solutions to bring decentralized finance (DeFi) to its ecosystem
- In total, The Block has identified 80 projects and companies across 9 different verticals currently expanding on its ecosystem
The market capitalization of Tether (USDT) stablecoin has crossed the $50 billion mark. Its supply on Tron has surpassed Ethereum.
The post Tether’s market cap tops $50 billion, supply on Tron surpasses Ethereum appeared first on The Block.
Legislation introduced earlier this year in Wyoming to create a legal link between decentralized autonomous organizations (DAOs) and the state government is now the law of the land.
The post Wyoming ‘DAO law’ to go into effect in July after receiving final approval appeared first on The Block.
Crypto exchanges have seen some $1.3 trillion in volume, according to data collected by The Block, the most-ever on record.
The post April’s crypto exchange volumes have hit a new all-time high appeared first on The Block.
