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Sen. Sherrod Brown tells the Fed to move forward on CBDC or risk being ‘left behind’

Sen. Sherrod Brown tells the Fed to move forward on CBDC or risk being ‘left behind’

The letter, dated March 1, warns that private actors and other nations are attempting to dominate the payment system, meaning the Fed must move swiftly to avoid being “left behind.”

The post Sen. Sherrod Brown tells the Fed to move forward on CBDC or risk being ‘left behind’ appeared first on The Block.

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Twitter CEO Jack Dorsey mints the first ever published tweet on Ethereum service Cent

Twitter CEO Jack Dorsey has minted the first tweet ever posted on the social media platform on Ethereum-run service, Cent. 

The post Twitter CEO Jack Dorsey mints the first ever published tweet on Ethereum service Cent appeared first on The Block.

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Brand and content NFT platform Curio raises $1.2 million in seed round

Curio plans to use the funding to expand its team and operations, as well as develop its technology and partner integrations.

The post Brand and content NFT platform Curio raises $1.2 million in seed round appeared first on The Block.

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ARK’s research lead breaks down the firm’s rise, recent market jitters, and bitcoin

On this episode of The Scoop, Ethereum 2.0 developer and Prysmatic Labs founder Preston Van Loon and Joe Sticco broke down Cryptex.

The post ARK’s research lead breaks down the firm’s rise, recent market jitters, and bitcoin appeared first on The Block.

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Robinhood has reportedly chosen Nasdaq for its IPO

Robinhood has apparently chosen the NASDAQ for its initial public offering (IPO), according to a CNBC report published Friday. 

The post Robinhood has reportedly chosen Nasdaq for its IPO appeared first on The Block.

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Crypto project PAID exploited, attacker gains over 2,000 ETH after minting nearly $160M in tokens

PAID Network, a crypto project that utilizes an Ethereum-based token, has suffered a contract exploit, resulting in the minting of nearly $160 million worth of tokens by the attacker. Network data shows that just over 2,000 ETH — worth roughly $3 million at press time — was obtained by the attacker after some of the […]

The post Crypto project PAID exploited, attacker gains over 2,000 ETH after minting nearly $160M in tokens appeared first on The Block.

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Inside Polkadot’s bid to offer a ‘multichain’ alternative to Ethereum

Quick Take

  • Polkadot has been attracting many development teams and significant outside investment lately.
  • The vision behind the project is to make it possible for ‘multichain’ applications to use multiple interoperable blockchains at once.
  • First, though, more developers must become familiar with its complicated new features.

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John McAfee indicted for crypto pump and dump schemes, illegal ICO promotion

McAfee faces charges related to his use of social media to create pump and dump schemes and illegally promote his own interests without proper disclosure.

The post John McAfee indicted for crypto pump and dump schemes, illegal ICO promotion appeared first on The Block.

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Demand for bitcoin exists across Goldman Sachs’ wealth management clientele, says crypto exec

Goldman Sachs’ digital assets lead says interest in bitcoin is growing from all angles.

The post Demand for bitcoin exists across Goldman Sachs’ wealth management clientele, says crypto exec appeared first on The Block.

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Introduction to the Hegic Protocol

Quick Take

  • Hegic Protocol is a decentralized, American-style, cash-settled options protocol that utilizes a peer-to-pool model
  • Underwriting liquidity providers co-underwrite options and earn algorithmically-determined premiums paid by options buyers 
  • HEGIC token holders can govern the protocol and earn settlement fees from options buyers

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