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Chinese hydropower hub reveals ‘blockchain computing’ plan

Chinese hydropower hub reveals ‘blockchain computing’ plan

The Yunnan government has published a plan to boost local blockchain activities, including crypto mining infrastructure.

The post Chinese hydropower hub reveals ‘blockchain computing’ plan appeared first on The Block.

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Apple Music alum joins Ledger to head its NFT division

Crypto hardware wallet provider Ledger has hired Parker Todd Brooks to connect it with NFT artists and develop its NFT storage business.

The post Apple Music alum joins Ledger to head its NFT division appeared first on The Block.

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[SPONSORED] Deep institutional liquidity, transparent price discovery & proven technology to easily cope with spiking trading volumes.

LMAX Group trading technology, trusted and proven in the global Institutional FX market has been leveraged by LMAX Digital to create the market-leading institutional solution for spot trading and custody of the most liquid crypto currencies BTC, ETH, LTC and BCH.

The post Deep institutional liquidity, transparent price discovery & proven technology to easily cope with spiking trading volumes. appeared first on The Block.

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Thailand’s central bank to test retail digital currency next year

The Bank of Thailand will begin testing retail digital currency in the second quarter of next year, assistant governor Vachira Arromdee has said. 

The post Thailand’s central bank to test retail digital currency next year appeared first on The Block.

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Polychain leads DeFi lending protocol Greenwood’s $2 million seed round

DeFi lending protocol Greenwood has raised $2 million in a seed round led by Polychain in its bid of optimize interest rates for borrowers.

The post Polychain leads DeFi lending protocol Greenwood’s $2 million seed round appeared first on The Block.

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Bitcoin’s mining difficulty adjusts to record high as new miners come online

The newly added 9 EH/s of computing power is equivalent to roughly 90,000 units of the newest generation of bitcoin mining equipment.

The post Bitcoin’s mining difficulty adjusts to record high as new miners come online appeared first on The Block.

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Crypto firms report uptick in retail activity as US stimulus hits bank accounts

Quick Take

  • Retail activity in the crypto space appears to be spiking and the latest round of stimulus checks may be an important reason for that.
  • The Block reached out to several crypto firms including Bitstamp, Kraken, Falcon X, and Voyager — all of which reported seeing an increase in retail investments. 

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Member Event: Private Market Investment landscape and M&A activity

This research piece is available to
members of The Block Genesis.
You can continue reading
this Genesis research on The Block.

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Court authorizes IRS to seek customer records from crypto firm Circle

The IRS is not accusing Circle of any wrongdoing, but is seeking its help to identify those who may have committed tax evasion.

The post Court authorizes IRS to seek customer records from crypto firm Circle appeared first on The Block.

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Canadian securities regulators clarify framework for crypto platforms

Canadian securities regulators are clarifying existing regulations for crypto firms. In a new notice published March 29, the Canadian Securities Administrators (CSA) and the Investment Industry Regulatory Organization of Canada (IIROC) explored how existing regulation can be “tailored” to crypto innovation, including interim approaches for crypto marketplaces and dealers. The lead-up The notice comes as […]

The post Canadian securities regulators clarify framework for crypto platforms appeared first on The Block.

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