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Quick Take

• Erasure Protocol uses NMR staking to create data marketplaces.
• At the moment, Numerai, through the tournament, allows almost 3 thousand people to earn money making predictions of financial data.
• There is little interest in two other protocol projects, Numerai Signals, and Erasure Bay.

Nomura-backed institutional crypto custodian Komainu has raised $25 million in Series A funding. The round was led by hedge fund veteran Alan Howard.

The post Hedge fund veteran Alan Howard leads $25 million Series A for crypto custodian Komainu appeared first on The Block.

“Stablecoins: Bridging the Network Gap Between Traditional Money and Digital Value” aspires to serve as a foundational text, for not only digital asset practitioners and enthusiasts, but financial services professionals and global policymakers as well. Although some progress has been made over the past several years toward linking the traditional financial system and the burgeoning digital assets ecosystem, there is still significant work ahead for all stakeholders. This ten-part research report, commissioned by GMO-Z.com Trust Company (GMO Trust), examines one of the fastest growing digital money innovations of the next Web: stablecoins.

This white paper will be available for download on March 10th. 

The post Stablecoins: Bridging the Network Gap Between Traditional Money and Digital Value | Coming March 10th appeared first on The Block.

The CI Galaxy Bitcoin ETF (BTCX) will begin trading on the Toronto Stock Exchange tomorrow pending the exchange’s approval.

The post Regulators in Canada approve CI Financial’s bitcoin ETF, setting stage for TSX debut appeared first on The Block.

Development teams for Keep Protocol and NuCypher are proposing an on-chain merger that would see them working on a shared, privacy-focused protocol.

The post Keep Network, NuCypher teams pitch protocol merger on the Ethereum blockchain appeared first on The Block.

Though the lot size pales in comparison to past auctions held by the U.S. government, federal officials are set to auction off 0.7501 BTC next week — an amount worth roughly $38,700.

The post The U.S. government will auction off a small amount of bitcoin next week  appeared first on The Block.

Distributed ledger company Ripple said Monday that its partnership with money transfer firm Moneygram is coming to an end.

The post Ripple says its partnership with Moneygram has ended appeared first on The Block.

Quick Take

• Founded by Barry Silbert in 2015, Digital Currency Group has made investments in numerous verticals that stretch the digital asset space and has been one of the most influential and active investors in the sector
• The two most populous verticals that makeup DCG’s portfolio includes the trading & exchange, and banking & payments categories
• In total, the firm’s portfolio consists of at least 165 startups and protocols across twenty-three verticals, which The Block has mapped out. This is the second iteration of DCG’s portfolio map and an update to our previous coverage

The restaurant chain released the tokens, in collections of five, late last night on NFT marketplace Rarible.

The post Taco Bell just launched and sold out a collection of taco-themed NFTs appeared first on The Block.

Quick Take

• There has been a flurry of reports from India that suggest the country’s government is preparing to ban crypto.
• But crypto exchanges in India are hopeful that the government will consider regulating crypto as an asset class.