Coinbase CEO Brian Armstrong expects the company’s non-trading businesses to grow substantially in the long term.
The post Coinbase CEO expects 50% of company’s future revenues to come from non-trading businesses appeared first on The Block.
Quick Take
- Decision-making in crypto protocols has primarily been done via democratic token voting (with the added ability to delegate to others).
- Voter apathy and a large concentration of tokens lead to a handful (or even a single) voters being able to push decisions through unilaterally.
- For functions that are not automatable, protocols are moving towards dedicated teams/committees that are responsible for specific functions. Tooling is being built with that in mind.
Coinbase is going public via a direct listing. The Block spoke with Nasdaq’s Jay Heller about what that means exactly.
The post The Coinbase direct listing: What you should expect, according to Nasdaq’s IPO impresario appeared first on The Block.
Crypto exchange Binance is set to list rival Coinbase’s stock token today.
The post Binance to list Coinbase stock token today appeared first on The Block.
The NFT purchaser will own the rights to exhibit, distribute and stream the anthology, titled “Killroy Was Here.”
The post Filmmaker Kevin Smith to release new horror film anthology as NFT appeared first on The Block.
Hester Peirce, the crypto-friendly commissioner at the Securities and Exchange Commission (SEC), has formally unveiled an updated version of her proposed regulatory safe harbor for token sales. In a public statement, Peirce said that the proposal “seeks to provide network developers with a three-year grace period within which, under certain conditions, they can facilitate participation […]
The post SEC commissioner Hester Peirce unveils updated version of ‘safe harbor’ proposal for crypto tokens appeared first on The Block.
Enso Finance, a project aimed at creating a dedicated social trading platform on the Ethereum network, has raised $5 million.
The post Enso raises $5 million to build decentralized social trading platform appeared first on The Block.
Coinbase’s stock has been given a reference price of $250 ahead of Wednesday’s direct listing on the NASDAQ stock exchange.
The post Nasdaq sets initial reference price for Coinbase’s stock at $250 appeared first on The Block.
Sen. Rob Portman (R-OH) sought feedback from the IRS commissioner for a bill that would establish crypto tax reporting requirements.
The post IRS commissioner says crypto reporting standards from Congress would ‘absolutely’ help close U.S. tax gap appeared first on The Block.
Quick Take
- People’s Daily, the mouthpiece of the Chinese Communist Party, recently praised decentralized data storage protocol IPFS by name.
- Some government officials have also been touting IPFS and its complementary protocol, Filecoin.
- What’s behind the hype?
