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Chinese police arrest EOS gambling dApp team, seize $3.8 million in crypto

Chinese police arrest EOS gambling dApp team, seize $3.8 million in crypto

The same Chinese police division that busted the PlusToken Ponzi scheme have arrested 15 people behind an EOS gambling dApp

The post Chinese police arrest EOS gambling dApp team, seize $3.8 million in crypto appeared first on The Block.

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Coinbase, Ledger, and other crypto services impacted by client sync issue following Ethereum’s Berlin hard fork

Ethereum’s latest network upgrade, Berlin, went live on Thursday morning. But a syncing issue appears to have snarled a number of companies and services that rely on a particular Ethereum software client, including exchange service Coinbase.

The post Coinbase, Ledger, and other crypto services impacted by client sync issue following Ethereum’s Berlin hard fork appeared first on The Block.

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Crypto brokerage Bitit is shutting down amid bitcoin bull run

French crypto brokerage Bitit is shutting down after six years in operation.

The post Crypto brokerage Bitit is shutting down amid bitcoin bull run appeared first on The Block.

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Cathie Wood’s Ark funds bought $246 million worth-of Coinbase stocks on listing debut

Cathie Wood’s Ark funds bought 749,205 COIN shares on Wednesday. Coinbase is up 10% in premarket trading as of writing.

The post Cathie Wood’s Ark funds bought $246 million worth-of Coinbase stocks on listing debut appeared first on The Block.

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Insurance giant AXA Switzerland now allows customers to pay premiums in bitcoin

Insurance giant AXA Switzerland now allows customers to pay premiums in bitcoin.

The post Insurance giant AXA Switzerland now allows customers to pay premiums in bitcoin appeared first on The Block.

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Why the Danish Red Cross put a volcano catastrophe bond on a blockchain

Quick Take

  • The Danish Red Cross has teamed up with blockchain startup Replexus to issue the first-ever blockchain-based catastrophe bond.
  • So-called cat bonds let the relief organization raise money that can be spent immediately in the event of a disaster.
  • But why does the bond need a blockchain?

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Organized crime has gone online, and investigators need to digitize their operations: EU report

The EU is looking to bring its organized crime investigations into the digital age.

The post Organized crime has gone online, and investigators need to digitize their operations: EU report appeared first on The Block.

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[SPONSORED] Node infrastructure and why its important | Full Video

The Block Research analyst Ryan Todd hosted a panel discussion exploring the importance of node infrastructure.

The post Node infrastructure and why its important | Full Video appeared first on The Block.

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Coinbase’s first day on Nasdaq ends with an $85.7 billion valuation

Crypto exchange Coinbase has reached the end of its first day of public trading, closing at $328.28.

The post Coinbase’s first day on Nasdaq ends with an $85.7 billion valuation appeared first on The Block.

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‘Coinbase is Coinbase for crypto’: Crypto exchange’s CFO weighs in on its market debut

Coinbase is officially trading on Nasdaq under the ticker COIN and its chief financial officer has a message for Wall Street: its business can’t be pigeonholed into one category.

The post ‘Coinbase is Coinbase for crypto’: Crypto exchange’s CFO weighs in on its market debut appeared first on The Block.

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