The Eastern Caribbean Central Bank (ECCB) went live with its digital currency on March 31.
The post Eastern Caribbean Central Bank publicly launches new digital currency appeared first on The Block.
Andreessen Horowitz and Placeholder led the seed round.
The post Fixed-rate lending protocol Element Finance nabs $4.4 million appeared first on The Block.
With approval in hand, Uphold announced plans to launch fractional equities in the U.S. later this year through a single interface.
The post FINRA approves crypto company Uphold’s acquisition of broker-dealer JNK Securities appeared first on The Block.
The Block’s Frank Chaparro speaks with Michelle Bond, CEO of the Association for Digital Assets Markets.
The post A Washington DC insider lays out her vision for the bitcoin market’s first self-regulatory organization appeared first on The Block.
Asset management giant BlackRock revealed Wednesday that one of its funds held some bitcoin futures as of the end of January.
The post BlackRock fund bought bitcoin futures in January, regulatory filings show appeared first on The Block.
Popular Grammy-award-winning singer and songwriter The Weeknd is launching his first non-fungible token (NFT) drop.
The post Grammy Award winner The Weeknd announces plan for NFT drop this coming weekend appeared first on The Block.
According to the DOJ, Tal Prihar laundered kickbacks he received from running ads directing readers to various darknet marketplaces.
The post Operator of darknet news site DeepDotWeb pleads guilty to money laundering appeared first on The Block.
Quick take
- With the rise in popularity of DeFi applications, the Ethereum network has become increasingly congested, with common transactions costing up to $100 in gas.
- Early attempts at scaling on layer 2 struggled to gain traction, largely due to limited security and usability of previous implementations.
- Rollups can inherit security and usability almost completely from layer 1, and may be poised for significant adoption in 2021.
Agustín Carstens, the general manager of the Bank for International Settlements, recently took the stage to promote central bank digital currency over other payments solutions.
The post BIS leader says central bank digital currencies could resolve ‘long-standing’ payments issues appeared first on The Block.
Enjin has raised $18.9 million to build a Polkadot-based blockchain network, dubbed Efinity, especially for NFTs.
The post Enjin raises nearly $19 million to build Polkadot-based blockchain for NFTs appeared first on The Block.
