Staff at the firm are said to be worried the addition would bring bad actors and unwanted regulatory attention.
The funding round, led by Three Arrows and DeFiance Capital, was also joined by Andreessen Horowitz, Polychain Capital and Coinbase co-founder Fred Ehrsam.
Decentralized derivatives exchange dYdX has raised $10 million in Series B funding. dYdX looks to expand in Asia, with a particular focus on China.
The post Decentralized derivatives exchange dYdX raises $10 million in Series B appeared first on The Block.
The backing will help Terraform Labs build more apps on its Tendermint-based blockchain.
Bitmain’s Jihan Wu has officially announced that he is stepping down from the bitcoin miner maker giant in an effort to settle down a year-long internal power struggle.
The post Jihan Wu writes in coded letter that he’s officially stepping down as Bitmain chairman appeared first on The Block.
The comment period will now last 60 days after this extension notice hits the public register, which is slated for Jan. 28.
The post FinCEN extends comment period for proposed crypto wallet rule for 60 days appeared first on The Block.
The brain trust has blessed cryptocurrencies, with endowments for Harvard and other universities reportedly lapping up digital assets. For bitcoin marketeers, it’s a new $600B money pot.
The Financial Crimes Enforcement Network (FinCEN) is further extending a comment period for a controversial proposed rule that would require crypto exchanges to gather and store counterparty information for transactions to unhosted wallets. FinCEN announced the move Tuesday, saying all comments are due 60 days after the change is submitted to the Federal Register, the […]
The average loan size for a first-time lender on the platform is $3.2 million, Genesis said.
Genesis cited a “new wave” of institutional interest in its new Q4 report.
The post Genesis clocked in $8 billion in spot volumes, originated $7.6 billion in loans during Q4 appeared first on The Block.
