Decentralized derivatives exchange launching on Ethereum Layer 2 Arbitrum

Decentralized derivatives exchange MCDEX is now live on Arbitrum Rollup, the Ethereum layer-2 scaling solution, and will go public after testing for a couple of weeks. MCDEX is the first fully permissionless decentralised perpetual swap which is live on mainnet where anyone can c … | Continue reading


@theblockcrypto.com | 3 years ago

SEC files lawsuit against alleged promoters of crypto Ponzi scheme BitConnect

The SEC has filed an action against promoters of BitConnect for their roles in an alleged unregistered securities offering. | Continue reading


@theblockcrypto.com | 3 years ago

Gaming retailer GameStop is building an NFT platform on Ethereum

Details about the project are scant though it appears GameStop will use Ethereum as a technology base. | Continue reading


@theblockcrypto.com | 3 years ago

Coinbase Owns $223B in Cryptocurrencies

Assets on Coinbase. Updated quarterly. | Continue reading


@theblockcrypto.com | 3 years ago

Tether Backed by 3.87% Cash

Stablecoin issuer Tether has revealed a breakdown of its reserves, providing specific percentages for each category. | Continue reading


@theblockcrypto.com | 3 years ago

Vitalik Buterin donates more than $60M to charity after selling meme tokens

Ethereum creator Vitalik Buterin has sold a range of dog-themed tokens he was given for free, swapping them for more ether. | Continue reading


@theblockcrypto.com | 3 years ago

Dfinity is finally launching its 'Internet Computer'

Dfinity got a lot of attention in 2018 when it raised $160 million in venture capital. Today it finally launched its blockchain network. | Continue reading


@theblockcrypto.com | 3 years ago

Wyoming 'DAO law' to go into effect in July after receiving final approval

Legislation introduced earlier this year in Wyoming to create a legal link between decentralized autonomous organizations (DAOs) and the state government is now the law of the land. | Continue reading


@theblockcrypto.com | 3 years ago

Bitcoin plunges to $52,000 in one hour

$7.6 billion worth-of crypto long positions liquidated over the past hour as bitcoin's price plunged to $52,000, data from bybt.com shows. | Continue reading


@theblockcrypto.com | 3 years ago

Court authorizes IRS to seek customer records from crypto firm Circle

The IRS is not accusing Circle of any wrongdoing, but is seeking its help to identify those who may have committed tax evasion. | Continue reading


@theblockcrypto.com | 3 years ago

PayPal now allows crypto spending at millions of merchants

PayPal has started allowing U.S. users to spend their cryptocurrency holdings at millions of online merchants globally, Reuters reported Tuesday. | Continue reading


@theblockcrypto.com | 3 years ago

Visa now settles payments in USDC stablecoin on Ethereum blockchain

Visa now settles payments in the USDC stablecoin on the Ethereum blockchain. Visa's settlement agent for the USDC capability is Anchorage. | Continue reading


@theblockcrypto.com | 3 years ago

Kentucky governor signs crypto mining tax, clean energy incentives into law

Kentucky's governor signed a pair of legislative bills focused on cryptocurrency mining incentives into law. | Continue reading


@theblockcrypto.com | 3 years ago

Fidelity Files for a Bitcoin ETF

A new filing with the U.S. Securities and Exchange Commission indicates that asset management giant Fidelity is seeking to create a bitcoin exchange-traded fund (ETF). | Continue reading


@theblockcrypto.com | 3 years ago

You can now buy a Tesla with Bitcoin

"Bitcoin paid to Tesla will be retained as Bitcoin, not converted to fiat currency.," Musk added in a following tweet. | Continue reading


@theblockcrypto.com | 3 years ago

Wyoming DAO Law Passes

The upper chamber of Wyoming's legislature has passed a bill that, if approved, would clear the way for decentralized autonomous organizations, or DAOs, to become incorporated under state law. | Continue reading


@theblockcrypto.com | 3 years ago

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. | Continue reading


@theblockcrypto.com | 3 years ago

Neo-bank Revolut loses four department leads

Revolut, the $5.5bn neo-bank, is set to lose a handful of veteran department heads who have been with the startup since its early days. | Continue reading


@theblockcrypto.com | 3 years ago

Bitfinex, Tether Settle with New York's Attorney General for $18.5M

Crypto firms Bitfinex and Tether have settled with the New York Attorney General's office, ending a legal dispute that began in mid-2019. | Continue reading


@theblockcrypto.com | 3 years ago

Beyond the Beacon Chain: what's next for Eth2?

Ben Edgington, lead product owner for ConsenSys' Teku Ethereum 2.0 client, opines on the future trajectory of the Eth2 initiative. | Continue reading


@theblockcrypto.com | 3 years ago

Wyoming lawmakers propose letting DAOs officially register in the state

A working group in the Wyoming legislature dedicated to blockchain technology and innovation has put forward a bill that, if approved, would allow decentralized autonomous organizations, or DAOs, to officially incorporate in the state. | Continue reading


@theblockcrypto.com | 3 years ago

Ripple files court response to the SEC's XRP lawsuit

Ripple announced Friday that it has filed its initial response to the SEC's lawsuit in federal court. | Continue reading


@theblockcrypto.com | 3 years ago

$237B record monthly stablecoin volume, breaking prior record

January has seen more than $230 billion in on-chain stablecoin volume since the start of the month. | Continue reading


@theblockcrypto.com | 3 years ago

Optimism's Ethereum-based scaling solution has soft launched on mainnet

Layer 2 scaling solution developer Optimism has launched its mainnet with DeFi protocol Synthetix. | Continue reading


@theblockcrypto.com | 3 years ago

DCG's Foundry will colocate 14,000 Bitcoin mining machines in U.S.

Digital Currency Group's mining subsidiary Foundry is colocating 14,000 bitcoin miners at U.S. mining farm Compute North. | Continue reading


@theblockcrypto.com | 3 years ago

The mystery of Findora: The DeFi project suddenly disowned by its founders

Whatever is going on behind the scenes at Findora, most of the DeFi project’s founding team now wants nothing to do with it. | Continue reading


@theblockcrypto.com | 3 years ago

DeFi protocol Cover exploited, attackers minted at least 40 quintillion tokens

Decentralized finance (DeFi) protocol Cover, which recently merged with Yearn.Finance, has just been exploited terribly. | Continue reading


@theblockcrypto.com | 3 years ago

Bitstamp to halt trading of XRP for US customers

Bitstamp will begin halting trading and deposits for XRP, the cryptocurrency exchange announced on Friday. "In light of the SEC's recent filing alleging | Continue reading


@theblockcrypto.com | 3 years ago

Database with information of 270k Ledger customers released on RaidForums

A database containing the personal information of over 270,000 Ledger customers has been published on RaidForums, a marketplace for buying, selling, and | Continue reading


@theblockcrypto.com | 3 years ago

Coinbase files confidential S-1 ahead of potential IPO

Coinbase has filed a draft registration statement on Form S-1 with the Securities and Exchange Commission (SEC). | Continue reading


@theblockcrypto.com | 3 years ago

Binance launches Ethereum mining pool, with lower fees than rivals

Crypto exchange Binance has launched an Ethereum mining pool, seven months after launching a Bitcoin mining pool. | Continue reading


@theblockcrypto.com | 4 years ago

Ethereum infrastructure provider Infura is down

Ethereum infrastructure provider Infura is currently facing a service outage, causing a delay in price feeds of ether (ETH) and ERC-20 tokens. | Continue reading


@theblockcrypto.com | 4 years ago

Square reports $1.63B in Bitcoin sales for the third quarter via its Cash App

Square said that it sold $1.63 billion in bitcoin through its Cash App during 2020's third quarter. | Continue reading


@theblockcrypto.com | 4 years ago

U.S. officials seize 'more than $1B in Bitcoin' tied to Silk Road

The Justice Department is seeking the forfeiture of more than $1 billion in bitcoin, per a Bloomberg report. | Continue reading


@theblockcrypto.com | 4 years ago

Bitcoin's price shoots past $15,000 for the first time since January 2018

Bitcoin's price has risen above $15,000. | Continue reading


@theblockcrypto.com | 4 years ago

U.S. 2020 election boosts use of decentralized prediction markets

The 2020 U.S. election has been a boon for decentralized prediction markets, according to data compiled by The Block Research. On Augur, open interest | Continue reading


@theblockcrypto.com | 4 years ago

PayPal CEO highlights planned push to support more digital currencies

PayPal's CEO struck a bullish tone on central bank digital currencies and his firm's potential involvement with them during its Q3 earnings call. | Continue reading


@theblockcrypto.com | 4 years ago

Australia to explore blockchain-based wholesale central bank digital currency

The Reserve Bank of Australia said on Monday it is exploring the potential use of a blockchain-based central bank digital currency in a wholesale form. | Continue reading


@theblockcrypto.com | 4 years ago

Huawei rolls out new smartphone with a built-in wallet for China's digital yuan

Chinese technology giant Huawei has launched a new smartphone, which supports a built-in hardware wallet for China's digital yuan. | Continue reading


@theblockcrypto.com | 4 years ago

MakerDAO issues warning after a flash loan is used to pass a governance vote

MakerDAO has issued a warning after a flash loan was used to pass a governance vote on its stablecoin platform. | Continue reading


@theblockcrypto.com | 4 years ago

Singapore's biggest bank DBS is launching a crypto exchange

DBS, Singapore's biggest bank, is launching a fiat-to-cryptocurrency exchange, The Block has learned. | Continue reading


@theblockcrypto.com | 4 years ago

Toyota systems launches digital currency pilot

Toyota Services has teamed with Japanese crypto exchange DeCurret to develop and test a digital currency as part of employee benefits. | Continue reading


@theblockcrypto.com | 4 years ago

Swiss central bank, BIS plan to test digital currency by the end of this year

The Swiss National Bank (SNB) and the Bank for International Settlements (BIS) plan to test a central bank digital currency (CBDC) by the end of this year. | Continue reading


@theblockcrypto.com | 4 years ago

Bitcoin's price just hit a new high for 2020

The price of bitcoin has eclipsed its previous 2020 high, surpassing the $12,800 level according to market data. Coinbase price data shows that the price | Continue reading


@theblockcrypto.com | 4 years ago

PayPal to enable crypto purchases with the help of Paxos

Payments giant PayPal and its social payments platform Venmo are set to offer crypto buying and selling to users, according to an announcement from the firms. | Continue reading


@theblockcrypto.com | 4 years ago

FinCEN hits Bitcoin mixing service operator with $60M penalty for BSA violations

FinCEN has assessed a $60 million penalty against Larry Dean Harmon for the years-long operation of bitcoin "mixing" services and violations of U.S. anti-money laundering laws. | Continue reading


@theblockcrypto.com | 4 years ago

Skynet Labs unveils new platform for developing decentralized social media apps

Skynet Labs, the company behind the Sia netwokr, has released a new platform for decentralized applications. | Continue reading


@theblockcrypto.com | 4 years ago

Coinbase received nearly 2k customer data requests from governments

Coinbase has published its first-ever transparency report, detailing how many customer data requests it gets from law enforcement agencies. | Continue reading


@theblockcrypto.com | 4 years ago