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BlockFi confirms $350 million Series D funding round at $3 billion valuation

BlockFi confirms $350 million Series D funding round at $3 billion valuation

After much anticipation, crypto lending startup BlockFi has confirmed the close of a $350 million Series D fundraising round.

The post BlockFi confirms $350 million Series D funding round at $3 billion valuation appeared first on The Block.

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Structured products in decentralized finance protocols

Quick Take

  • On-chain structured products have grown alongside the overall DeFi market in the past year
  • Indices offer broad exposure to Defi in a simple and cost-effective manner
  • Smart indices can enable enhanced capital efficiency and tunable investment strategies
  • Decentralized funds allow anyone to deploy capital for automated trading or actively managed portfolios
  • Structured risk products can help investors and liquidity providers with varying risk appetites take advantage of currently high yields in crypto

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Ex-Coinbase UK chief Zeeshan Feroz joins MoonPay

MoonPay, the crypto payments business, has appointed former Coinbase UK boss Zeeshan Feroz as chief growth officer.

The post Ex-Coinbase UK chief Zeeshan Feroz joins MoonPay appeared first on The Block.

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Crypto Facilities names new CEO as founder Timo Schlaefer steps down

Crypto Facilities, the index provider acquired by crypto exchange Kraken, has promoted Gary Worrall to the rank of CEO following the departure of founder and former boss Timo Schlaefer, The Block can reveal.

The post Crypto Facilities names new CEO as founder Timo Schlaefer steps down appeared first on The Block.

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Chinese social media Weibo suspends Huobi, OKEx and Binance accounts

Chinese Twitter Weibo has suspended the accounts of Huobi, OKEx, Binance and MXC in what appears to be a targeted effort on crypto exchanges.

The post Chinese social media Weibo suspends Huobi, OKEx and Binance accounts appeared first on The Block.

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Rep. Warren Davidson reintroduces the Token Taxonomy Act

The Token Taxonomy Act aims to amend the Securities Exchange Act of 1934 to distinguish digital tokens from other types of assets. 

The post Rep. Warren Davidson reintroduces the Token Taxonomy Act appeared first on The Block.

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Gary Gensler’s SEC nomination clears Senate committee vote

The Senate Banking Committee voted to confirm Gary Gensler’s nomination today in a 14-10 vote. A date has yet to be set for a full vote.

The post Gary Gensler’s SEC nomination clears Senate committee vote appeared first on The Block.

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Crypto startup Blockchain.com adds former Obama aide to its board

Blockchain.com, a crypto services provider, has added a former aide to President Barack Obama to its board of directors.

The post Crypto startup Blockchain.com adds former Obama aide to its board appeared first on The Block.

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Bids for Beeple’s 5,000-day digital art collection surpass $13 million as auction nears end

Bids for the collection have surpassed $13.2 million dollars, with the auction set to end within the next 24 hours. 

The post Bids for Beeple’s 5,000-day digital art collection surpass $13 million as auction nears end appeared first on The Block.

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Bitcoin services provider NYDIG appoints New York Life chief executive to its board

New York Digital Investment Group (NYDIG), a bitcoin investment and services provider, announced the appointment of New York Life Insurance Company boss Theodore Mathas to its board of directors on Wednesday. 

The post Bitcoin services provider NYDIG appoints New York Life chief executive to its board appeared first on The Block.

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