Crypto lender BlockFi cuts staff by 'roughly 20%'

Crypto lending firm BlockFi said Monday that it is laying off "roughly 20%" of its staff. | Continue reading


@theblockcrypto.com | 2 years ago

Crypto lending firm Celsius pauses withdrawals, citing market conditions

Crypto lending firm Celsius told clients in an email Sunday evening that it is pausing withdrawals and transfers, citing market conditions. | Continue reading


@theblockcrypto.com | 2 years ago

Jack Dorsey's Bitcoin venture unveils proposal for decentralized Web platform

TBD, the Bitcoin-focused venture first announced last spring, unveiled an ambitious effort Friday to build a decentralized Web platform dubbed "Web 5." | Continue reading


@theblockcrypto.com | 2 years ago

BlockFi is raising a down round at $1B valuation: sources

"Private valuations are being adjusted," noted one market participant.  | Continue reading


@theblockcrypto.com | 2 years ago

Coinbase extends hiring freeze, will rescind some accepted offers

Coinbase is rescinding some accepted job offers and extending an existing pause on hiring new candidates as part of an effort to adjust to the macro environment and general volatility in crypto, according to a blog post published Thursday evening.  | Continue reading


@theblockcrypto.com | 2 years ago

Solana's blockchain clock loses track of time, now running 30 minutes behind

The Solana network clock has lost its sync with real-world time and is now running about half an hour behind. | Continue reading


@theblockcrypto.com | 2 years ago

Tether launches new stablecoin pegged to Mexican peso

Tether has launched a new Mexican peso-pegged stablecoin, marking its entrance into the Latin American market. | Continue reading


@theblockcrypto.com | 2 years ago

A16Z announces $4.5B fund for crypto and blockchain startups

$1.5 billion will be dedicated to seed investments and $3 billion to venture investments. | Continue reading


@theblockcrypto.com | 2 years ago

Crypto researcher unpacks why UST broke down

In this breaking episode of The Scoop, crypto researcher Mika Honkasalo provides a detailed look at what is happening to the algorithmic stablecoin UST as it loses its peg to the dollar amidst a broader market drawdown. | Continue reading


@theblockcrypto.com | 2 years ago

Crypto hardware wallet Trezor issues warning about newsletter phishing attack

Trezor, a crypto hardware wallet company, has confirmed circulating reports that some of its users were the target of a phishing attack this weekend. | Continue reading


@theblockcrypto.com | 2 years ago

Apple acquires UK open banking startup Credit Kudos

Credit Kudos becomes the latest European open banking startup to be snapped up by a US acquirer. | Continue reading


@theblockcrypto.com | 2 years ago

Ukraine cancels crypto airdrop, plans to sell NFTs instead

Ukraine's government abruptly canceled its planned crypto airdrop and said it would instead sell NFTs to raise funds. | Continue reading


@theblockcrypto.com | 2 years ago

Metamask has blocked Ethereum transactions in Venezuela

Users of MetaMask based in Venezuela say they can no longer access the popular digital asset wallet.  | Continue reading


@theblockcrypto.com | 2 years ago

Luna Foundation Guard raises $1B for UST stablecoin

The Luna Foundation Guard (LFG) has raised $1 billion through an over-the-counter sale of LUNA. | Continue reading


@theblockcrypto.com | 2 years ago

Coalition of US crypto firms unveils travel rule compliance platform, TRUST

The so-called Travel Rule Universal Solution Technology, or "TRUST," allows crypto firms to securely collect and transmit customer data. | Continue reading


@theblockcrypto.com | 2 years ago

Former Radkl employees leave to launch new quant hedge fund

The former high-speed trading executive launches the new fund after leaving GTS's crypto trading operation Radkl. | Continue reading


@theblockcrypto.com | 2 years ago

Private keys stolen from Vulcan Forged in $140M theft

The project looked after its users’ private keys on their behalf. It’s now planning to scrap that and refund those affected. | Continue reading


@theblockcrypto.com | 2 years ago

Polygon acquires ZK-rollups startup Mir Protocol for $400M

Polygon has acquired Ethereum scaling startup Mir Protocol for $400 million. Mir utilizes zero-knowledge proof (ZK-proof) technology. | Continue reading


@theblockcrypto.com | 2 years ago

Crypto exchange BitMart confirms hack resulting in loss of $150M in crypto

Crypto exchange BitMart has reportedly been hacked for $100 million, according to security researchers PeckShield. | Continue reading


@theblockcrypto.com | 2 years ago

DeFi protocol BadgerDAO exploited for $120M in front-end attack

According to security researchers PeckShield, $120.3 million in a variety of tokens was stolen from users of the protocol. | Continue reading


@theblockcrypto.com | 2 years ago

Coinbase acquires crypto wallet startup BRD

Crypto exchange Coinbase has acquired the crypto wallet startup BRD, according to a notice from its leadership team. | Continue reading


@theblockcrypto.com | 2 years ago

Square unveils white paper for decentralized protocol to exchange Bitcoin/fiat/+

Square unveils first white paper for a decentralized exchange protocol called tbDEX | Continue reading


@theblockcrypto.com | 2 years ago

Crypto group loses bid to buy US Constitution copy

Sotheby's said Thursday night that a rare copy of the U.S. Constitution was sold for $43.2 million at auction -- but unfortunately, the win did not go to a week-in-the-making community that raised tens of millions of dollars for just this purpose. | Continue reading


@theblockcrypto.com | 2 years ago

Ethereum user pays $430k worth of fees for a failed payment

An Ethereum user tried to use Flashbots to get into a token sale for Strips tokens. But it all went terribly wrong. | Continue reading


@theblockcrypto.com | 3 years ago

NFT marketplace selling 'fantasy equity' shuts down 1 day into open beta testing

The founders allegedly did not seek permission from the startups featured in the game to sell NFTs of fake shares of their companies.  | Continue reading


@theblockcrypto.com | 3 years ago

Visa develops interoperability concept for central bank digital currency payment

Visa has developed a conceptual protocol that shows how various CBDCs can be interoperable with each other to make payments. | Continue reading


@theblockcrypto.com | 3 years ago

Bitfinex just spent $23.7M in fees to make a single Ethereum transaction

A wallet belonging to crypto exchange Bitfinex mistakenly spent an outrageous amount of money to move just $100,000. | Continue reading


@theblockcrypto.com | 3 years ago

Crypto exchange Huobi to cease all mainland China user accounts

Huobi Global, one of the major crypto exchanges that cater to mainland China customers, will clear out all China-based user accounts later this year. | Continue reading


@theblockcrypto.com | 3 years ago

Twitter rolls out Bitcoin tipping for iOS users, looks to NFTs for the future

Twitter enabled bitcoin tipping for iOS users today as part of its "turning fans into funds" strategy. | Continue reading


@theblockcrypto.com | 3 years ago

OpenSea confirms executive used insider knowledge when buying NFTs

The marketplace acknowledged that its head of product purchased NFTs that he knew were going to be displayed prominently. | Continue reading


@theblockcrypto.com | 3 years ago

Solana blockchain experiencing major outage due to DDoS

Transaction blocks appear to be not processing on the Solana blockchain, according to available data and complaints from the network's users. | Continue reading


@theblockcrypto.com | 3 years ago

Walmart has not partnered with Litecoin, despite reports

Retail giant Walmart has not partnered with blockchain platform Litecoin, despite a press release that was put out. | Continue reading


@theblockcrypto.com | 3 years ago

Crypto’s latest trend is to play games before they’re even built

A surprise million-dollar mint created a bizarre, inverted crypto gaming concept. Here’s what's going on with Loot and derivatives. | Continue reading


@theblockcrypto.com | 3 years ago

Brian Armstrong responds to SEC threats to shut down Coinbase yield product

Coinbase responds to an SEC potential regulatory action regarding its yield-generating product it planned to launch this summer. | Continue reading


@theblockcrypto.com | 3 years ago

Ontario bars the country's first registered crypto platforms from trading Tether

After months of regulatory actions against exchanges operating in Canada, securities regulators have started greenlighting trading platforms. | Continue reading


@theblockcrypto.com | 3 years ago

Substack begins accepting Bitcoin Payments

Content platform Substack has integrated bitcoin as a payment option for "a select group of crypto-focused publications." | Continue reading


@theblockcrypto.com | 3 years ago

Crypto data analytics platform Dune raises $8M in Series A funding

Crypto data analytics platform Dune has raised $8 million in a Series A funding round led by Union Square Ventures. | Continue reading


@theblockcrypto.com | 3 years ago

Poly Network attacker starts returning the $611M in stolen cryptocurrency

The Poly Network exploiter has started returning the stolen crypto assets less than a day after their ID was reportedly obtained. | Continue reading


@theblockcrypto.com | 3 years ago

At least $611M stolen in cross-chain hack

Cross-chain protocol Poly Network has been hacked for $611 million. The team is calling for exchanges to block the stolen funds. | Continue reading


@theblockcrypto.com | 3 years ago

White hat hacker saves $117,000 in crypto from MetaMask phishing attack

Here’s how a white hat hacker used flashbots to rescue half of the victim’s crypto holdings in a race against time. | Continue reading


@theblockcrypto.com | 3 years ago

Californian nuclear energy provider partners with Bitcoin mining firm Compass

The Californian nuclear energy provider Oklo announced its 20-year partnership with the bitcoin mining firm Compass on Wednesday. | Continue reading


@theblockcrypto.com | 3 years ago

S&P announces new indexes, including one tracking more than 200 cryptos

S&P Dow Jones Indices went live with a group of new digital asset-focused products on Tuesday, including one that tracks more than 240 cryptos at launch. | Continue reading


@theblockcrypto.com | 3 years ago

Chinese crypto miners are dumping GPUs on secondhand trading site

Chinese crypto miners are dropping their prices to offload stacks of GPUs miners — while a rare few claim they're still operational. | Continue reading


@theblockcrypto.com | 3 years ago

Visa's crypto partnerships grow by 43% in four months

The number of Visa's partnerships with crypto firms has grown by 43% in the last four months. Visa now has 50 active partnerships. | Continue reading


@theblockcrypto.com | 3 years ago

China's new digital yuan test shows it can be programed to confine utility

Chengdu is having its second giveaway campaign of the country's central bank digital currency. But this time there's a notable difference. | Continue reading


@theblockcrypto.com | 3 years ago

NYC will become 'center of bitcoins,' says mayoral lead Eric Adams

Eric Adams, the current front-runner in the 2021 New York City mayoral election in the Democratic primary, appears to be pro-crypto. | Continue reading


@theblockcrypto.com | 3 years ago

'Largest crypto fund ever:' A16Z launches new $2.2B crypto venture fund

Andreessen Horowitz says its new "Crypto Fund III" is the largest crypto VC fund ever raised. The firm also announced several new hires. | Continue reading


@theblockcrypto.com | 3 years ago

Antivirus software company Norton now allows Ethereum mining via pool service

Antivirus software company Norton has released a new crypto product that allows users to mine ether (ETH) from their personal computers. | Continue reading


@theblockcrypto.com | 3 years ago