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Class action lawsuit filed against crypto wallet firm Ledger, Shopify over 2020 customer data breach

Class action lawsuit filed against crypto wallet firm Ledger, Shopify over 2020 customer data breach

A new class action accuses Ledger and Shopify of misconduct in its handling of last year’s data breach.

The post Class action lawsuit filed against crypto wallet firm Ledger, Shopify over 2020 customer data breach appeared first on The Block.

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Ethereum startup Immutable aims to cut NFT costs with new Layer 2 scaling protocol

The solution aims to speed up transactions and implement zero gas fees for non-fungible tokens (NFTs) on the Ethereum blockchain.

The post Ethereum startup Immutable aims to cut NFT costs with new Layer 2 scaling protocol appeared first on The Block.

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Bitcoin investment firm NYDIG raises another $100 million

NYDIG, the New York-based crypto-focused investment firm, has secured another $100 million one month after announcing a $200 million fundraise.

The post Bitcoin investment firm NYDIG raises another $100 million appeared first on The Block.

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Gemini Company Intelligence

Quick Take

  • This research report is part of a new series produced by The Block Research to provide insights and due diligence on some of the leading companies in the digital asset ecosystem. 
  • Gemini is a well-known cryptocurrency exchange based in the U.S. and founded by the Winklevoss twins
  • All data presented in this report has been updated as of April 03, 2021
     

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[SPONSORED] Olyseum adds Jehan Chu, Managing Partner of Kenetic Capital to Advisory Board

Olyseum, the blockchain-powered social platform that brings fans and stars closer together, today announces the addition of distinguished blockchain and crypto investor Jehan Chu to the company’s Advisory Board.

The post Olyseum adds Jehan Chu, Managing Partner of Kenetic Capital to Advisory Board appeared first on The Block.

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Crypto trading firm GSR hires ex-Winton Group exec

Digital asset trading firm GSR Capital has hired Andrew Moss, former co-COO of the London-based hedge fund Winton Group, as managing director.

The post Crypto trading firm GSR hires ex-Winton Group exec appeared first on The Block.

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Bitcoin mining firm Riot Blockchain to acquire rival Whinstone for $651 million

Nasdaq-listed bitcoin mining firm Riot Blockchain is set to acquire rival Whinstone for $651 million.

The post Bitcoin mining firm Riot Blockchain to acquire rival Whinstone for $651 million appeared first on The Block.

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State Street is helping build a crypto trading platform for institutions

U.S. banking giant State Street is helping build a cryptocurrency trading platform for institutions.

The post State Street is helping build a crypto trading platform for institutions appeared first on The Block.

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Mapping out the 10 most active crypto funds’ Q1′ 21 investments

Quick Take

  • The Block Research analyzed a total of 314 blockchain-related investment deals that occurred during Q1′ 21 to identify which crypto funds have been the most active to the start of the year
  • While much of the year remains, only three of the most active funds in 2020 made it to the list during the first quarter of 2021
  • Polkadot was the most popular choice amongst these investors wherein, out of their 196 investments, approximately 39% of the projects plan to develop on Polkadot’s ecosystem

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Chinese province Hainan to test digital yuan this month

Chinese island province Hainan is said to be piloting digital yuan from April 12 to 25.

The post Chinese province Hainan to test digital yuan this month appeared first on The Block.

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