Stories of high valuation took the crypto world this week. Crypto-lending platform, BlockFi, saw its valuation rise to $3 billion after a successful investment round. A private auction of shares on the Nasdaq put leading crypto exchange Coinbase’s valuation at $90 billion. Additionally, some of the largest…
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A movie theatre in Thailand has started accepting Bitcoin, while the Thai SEC moots blocking crypto for most citizens.
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India has a very interesting and complicated relationship with the cryptocurrency industry. In the past, crypto businesses were prevented from receiving banking services by the Reserve Bank of India. This led to many crypto-related firms in India either closing down or having to move their operations abroad…
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The decentralized database company announced today that it is officially working with Equinix, a NASDAQ-listed company servicing digital infrastructure. The collaboration will bring about node validators on the cloud with industry-standard security and performance, effectively scaling Bluzelle’s delegated proof-of-stake services. Bluzelle enables dApp developers to store their…
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2020 was a breakout year for the stablecoin ecosystem. As illustrated in The Block Research’s new stablecoin report — “Stablecoins: Bridging the Network Gap Between Traditional Money and Digital Value” — the total supply of stablecoins grew nearly ten-fold between January 2020 and January 2021. Monthly transaction…
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Buyer beware: People are paying thousands of dollars to "own" NBA highlight NFTs. But ownership in this case might mean a lot less than you think.
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The country’s financial regulator wants to implement penalties for crypto companies that aren’t doing enough to combat anti-money laundering.
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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…
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Digital Currency Group (DCG), the parent company of the world’s largest Bitcoin trust, Grayscale Bitcoin Trust (GBTC) has announced plans to buy a quarter million worth of shares of GBTC. DCG will purchase the shares on the open market through its cash on hand fund over an…
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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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