News

Saudi Arabia’s central bank injects liquidity in local banks via blockchain

The Saudi Arabian Monetary Authority (SAMA), the country’s central bank, has today announced that it recently injected part of liquidity in local . . .

Blockchain|Fiat

1 hour 50 minutes ago

Algorand Foundation launches accelerator program with up to $265K funding support per startup

The Algorand Foundation has launched an Asia-focused accelerator program to attract projects building out on its native proof-of-stake blockchain . . .

ETH|Blockchain

2 hours 24 minutes ago

The road to recovery: look at the returns

Quick TakeFollowing the steepest decline in history, Nasdaq Composite is already trading at the pre-crash prices while S&P 500 is inching closer . . .

Market|BTC|ETH|Trading

4 hours 5 minutes ago

Chinese tech giant Tencent forms alliance to promote blockchain development

Chinese tech giant Tencent’s cloud service, Tencent Cloud, has launched an alliance to promote the development of the blockchain industry.The post . . .

Blockchain|Technology|Asia

1 day 17 hours ago

Brave’s browser has been autocompleting websites with referral codes

Privacy-focused browser Brave was found to autocomplete several websites and keywords in its address bar with an affiliate code. Shortly after a user . . .

Exchange

1 day 20 hours ago

Central bank digital currencies could drive ‘fundamental shift’ in banking sector: Philadelphia Fed paper

The Federal Reserve Bank of Philadelphia's research department has published a new working paper focused on central bank digital currencies, . . .

Fiat|Technology

2 days 15 hours ago

SEC targets crypto multi-level marketing scheme in new lawsuit

The Securities and Exchange Commission said Friday that it has filed charges against the alleged operators of a fraudulent cryptocurrency investment . . .

Regulation|Exchange

2 days 15 hours ago

Binance-backed, crypto-friendly Founders Bank is still waiting to receive a license in Malta

Quick TakeBinance-backed Founders Bank has yet to win a license in Malta even though it originally expected to have one by 2019The project also . . .

Fiat|Exchange

2 days 16 hours ago

Coinbase wants to sell blockchain analysis software to the IRS and DEA a year after its Neutrino acquisition

Public records show that the U.S. government wants to buy blockchain analytics software from Coinbase.The post Coinbase wants to sell blockchain . . .

Technology|Blockchain|Market

2 days 17 hours ago

Open Finance Trends 2020 | Webinar

The Block Research Analyst Matteo Leibowitz hosted a webinar providing an overview of trends in the Open Finance space to date. Topics covered by . . .

ETH|Blockchain

2 days 18 hours ago

Robinhood users are buying U.S. blockchain ETFs, pushing number of holders to 2020 highs

The number of users on trading app Robinhood who hold blockchain-related ETFs hit a high for 2020 this week.The post Robinhood users are buying U.S. . . .

Blockchain|Market|Trading

2 days 21 hours ago

BitClave winds up with a SEC settlement greater than the amount raised in its public ICO

A breakdown of the settlement struck between BitClave and the SEC over the former's ICO.The post BitClave winds up with a SEC settlement greater than . . .

Regulation|ICO

2 days 22 hours ago

Why Coinbase’s acquisition of Tagomi could pose neutrality problems, according to Su Zhu

Su Zhu, the founder of Singapore-based crypto investment firm Three Arrows Capital thinks Coinbase's recent acquisition of crypto brokerage startup . . .

Other

3 days 25 minutes ago

Bitcoin derivatives market is growing faster than spot market, suggesting rising institutionalization in the space

The bitcoin derivatives market, or futures and options, is growing faster than the spot market, according to research conducted by The Block’s . . .

BTC|Market

3 days 1 hour ago

Bitcoin mixer Wasabi Wallet under Europol’s lens for facilitating dark web transactions

Wasabi Wallet, a privacy-focused bitcoin wallet that helps shuffle coins for anonymity purposes, is under Europol’s lens for facilitating dark web . . .

BTC

3 days 2 hours ago

What stood out from the Digital Dollar whitepaper

. . .

Fiat

3 days 15 hours ago

U.S. regulator seeks public input as it reviews crypto, DLT activities in the banking sector

The Office of the Comptroller of the Currency – which regulates banks in the US – is seeking feedback from the public on the digital activities . . .

Regulation

3 days 15 hours ago

A proxy for crime involving bitcoin use? An analysis of U.S. Attorney press releases

Quick TakeWhile the U.S. government has not published regular reports of crimes involving the use of bitcoin, they do publish press releases with . . .

BTC|Market

3 days 16 hours ago

Coinsquare CEO confirms client data was stolen by a former employee after report of SIM swap threat

Canadian crypto exchange Coinsquare said that an internal theft last year by a former employee resulted in personal information on some of its . . .

Exchange

3 days 21 hours ago

Bitcoin’s mining difficulty falls 9.29 percent

Bitcoin's mining difficulty — a metric for the ease by which miners can create new transaction blocks on the network – fell on Thursday.The post . . .

Mining|BTC

3 days 23 hours ago

BitMEX parent offers $100K grant to Bitcoin Core researcher Gleb Naumenko

HDR Global Trading Limited, the operator of cryptocurrency derivatives exchange BitMEX, has awarded $100,000 to Bitcoin Core contributor and . . .

BTC|Exchange|Trading

4 days 35 minutes ago

Ripple’s Xpring initiative has invested $500 million in various projects since 2018

Ripple’s Xpring initiative has invested at least $500 million in various projects since it was launched in 2018.The post Ripple’s Xpring . . .

XRP

4 days 1 hour ago

Bitcoin could reach $20,000 this year, says Bloomberg strategist

Bitcoin is expected to continue rising and reach $20,000 this year, according to Bloomberg Intelligence strategist Mike McGlone.The post Bitcoin . . .

BTC

4 days 3 hours ago

A brief look at the growth of the derivatives

Quick TakeBitcoin futures traded $558 billion while Bitcoin options traded $3.1 billionThe growth of the derivatives is outpacing the growth of the . . .

BTC|Market|Trading

4 days 3 hours ago

Amended lawsuit filed against Bitfinex and Tether for allegedly manipulating crypto market, Bittrex and Poloniex added as new defendants

An amended class-action lawsuit has been filed against Bitfinex, Tether, and affiliated entities for allegedly manipulating the cryptocurrency . . .

Exchange|USDT|Market|Regulation

4 days 15 hours ago

Mapping out Xpring’s digital asset ecosystem investments

Quick TakeWhile investing is not Xpring’s core business focus, it has invested at least $500 million across 27 investmentsNotable investments . . .

XRP|Blockchain|Business

4 days 16 hours ago

Hester Peirce nominated for second term as SEC commissioner: report

Hester Peirce, a U.S. Securities and Exchange Commission commissioner, has reportedly been nominated for another term, according to a Bloomberg . . .

Regulation|Exchange

4 days 16 hours ago

Some users of the Ethereum mixer Tornado Cash are accidentally blowing their cover, according to new research

Quick TakeNew research suggests that users of Tornado Cash, an Ethereum-based mixer that is supposed to enable anonymous withdrawals, are making . . .

ETH

4 days 20 hours ago

Lack of legal clarity poses investor risks if crypto custodians go bankrupt: study

There remains a lack of clarity surrounding the legal proceedings and rights of investors if crypto custodians enter a state of insolvency, according . . .

Regulation|Business

4 days 21 hours ago

Union Square Ventures, Placeholder among the investors in Numerai’s new $3M token sale

Numerai, the startup known for hosting data scientist tournaments to find the best trading strategies for its hedge fund, has concluded a $3 million . . .

ICO|Business|ETH|Trading

5 days 40 minutes ago

Coinbase cuts rewards on USDC stablecoin holdings by nearly 90%

Crypto exchange Coinbase has cut rewards on USDC stablecoin holdings by around 90%. Until now, Coinbase users earned 1.25% annual percentage yield . . .

Mining|Exchange

5 days 2 hours ago

Crypto exchange Coincheck says it suffered a data breach, which may have exposed some users’ personal information

Japanese cryptocurrency exchange Coincheck announced on Tuesday that it suffered a data breach, which may have leaked users’ emails and personal . . .

Exchange|Asia

5 days 2 hours ago

Gun and police equipment stocks rally amid the social unrest

Quick TakeThe stocks of manufacturers of guns, ammunition, and police equipment have been surging in recent daysAmericans are feeling less secure as . . .

Market|Trading

5 days 3 hours ago

China’s chip-making giant SMIC, which recently partnered with bitcoin miner maker Canaan, files for $2.8 billion IPO

China’s chip-making giant SMIC, which recently partnered with bitcoin miner maker Canaan, has filed for a $2.8 billion IPO.The post China’s . . .

BTC|Mining|Asia

5 days 14 hours ago

Blockchain media startup Civil shuts down

Civil, the ConsenSys-backed startup that aimed to decentralize the funding and “vetting” of journalism, is shutting down after four . . .

ETH|Blockchain

5 days 14 hours ago

Three Arrow’s Su Zhu on the race to build a crypto prime broker

Episode 21 of Season 2 of The Scoop was recorded remotely with The Block’s Frank Chaparro and Su Zhu, CEO and CIO of Three Arrows Capital.The post . . .

BTC|Blockchain

5 days 14 hours ago

Caitlin Long’s crypto bank raises $5M led by the University of Wyoming

Avanti Financial Group, crypto advocate Caitlin Long’s latest initiative to bank digital asset companies, has closed a $5 million angel round. . . .

Fiat|ETH|Blockchain

5 days 15 hours ago

Pricing fashion: DeFi devs seek the perfect algebraic curve for limited-edition goods

Quick TakeNew Ethereum-based applications are being built to attract users outside of the ecosystem with something they are already interested in: . . .

ETH|Market

5 days 16 hours ago

Blockstream unveils Liquid Ventures Initiative, discloses $5 million in commitments

Bitcoin tech startup Blockstream has revealed a venture-focused effort centered around the Liquid Network, its commercial sidechain. The post . . .

BTC|Technology

5 days 19 hours ago

Unpublished preliminary scores from Crypto Rating Council found Tron’s TRX, Polkadot’s DOT could face higher chance of being deemed securities

A preliminary assessment of three tokens – Tron's TRX, Polkadot's DOT and Nervos Network's CKB – by the Crypto Rating Council and dated April 16 . . .

TRX|Regulation|ICO

5 days 19 hours ago

JPMorgan Chase agrees to $2.5 million settlement in legal fight over crypto purchase transaction fees

JP Morgan Chase has agreed to settle a case alleging it did not disclose significant changes to charges relating to crypto transactions. The post . . .

Regulation

5 days 19 hours ago

Webinar: The State of Open Finance

Join The Block’s Matteo Leibowitz on Thursday, June 4th 1:00pm ET / 10:00am PT for a webinar on The State of Open Finance, exclusive only to . . .

ETH

5 days 22 hours ago

Early use of UMA’s ‘priceless’ synthetic reflects promising but nascent market

Quick TakeNine days after launch, UMA’s ETH/BTC “priceless” synthetic counts over $44,000 in open interest The token initially . . .

Market|ETH|ICO

5 days 22 hours ago

U.S. customs officials add Venezuela’s cryptocurrency superintendent to Most Wanted list

The U.S. Immigration and Customs Enforcement's (ICE) Homeland Security Investigations office in New York announced Monday that it had added . . .

Other

5 days 22 hours ago

Fidelity-backed crypto security startup Fireblocks launches ‘Secure Asset Transfer Network’

Fidelity-backed crypto security firm Fireblocks has rolled out Secure Asset Transfer Network, a kind of directory in which its customers can find . . .

Other

5 days 23 hours ago

P2P crypto exchange LocalBitcoins receives most criminal funds, says CipherTrace

Peer-to-peer (P2P) cryptocurrency exchange LocalBitcoins received most criminal funds in 2019, for the third year in a row, according to blockchain . . .

BTC|Exchange|Blockchain

6 days 1 hour ago

Square Crypto grants $100K to bitcoin’s Lightning Network watchtower The Eye of Satoshi

Square Crypto has awarded a new grant to Talaia Labs, which is building bitcoin’s Lightning Network watchtower called The Eye of Satoshi.The post . . .

BTC

6 days 2 hours ago

Crypto-based restaurant review platform SynchroLife raises $2.6 million Series A

Japan-based restaurant review platform SynchroLife, which rewards users in its native crypto token SynchroCoin, has raised $2.6 million in Series A . . .

ICO|Blockchain

6 days 13 hours ago

Internet Archive faces legal complaint from major publishers

The Internet Archive is facing a legal dispute from major publishing houses in the Southern District of New York.The post Internet Archive faces . . .

Regulation

6 days 13 hours ago

Western Union makes takeover offer to MoneyGram: report

Money transfer firm Western Union has made a takeover offer to MoneyGram International, according to a report by Bloomberg.The post Western Union . . .

XRP

Crypto Latest News from theblock

Saudi Arabia’s central bank injects liquidity in local banks via blockchain

Algorand Foundation launches accelerator program with up to $265K funding support per startup

The road to recovery: look at the returns

Chinese tech giant Tencent forms alliance to promote blockchain development

Brave’s browser has been autocompleting websites with referral codes

Central bank digital currencies could drive ‘fundamental shift’ in banking sector: Philadelphia Fed paper

SEC targets crypto multi-level marketing scheme in new lawsuit

Binance-backed, crypto-friendly Founders Bank is still waiting to receive a license in Malta

Coinbase wants to sell blockchain analysis software to the IRS and DEA a year after its Neutrino acquisition

Open Finance Trends 2020 | Webinar

Robinhood users are buying U.S. blockchain ETFs, pushing number of holders to 2020 highs

BitClave winds up with a SEC settlement greater than the amount raised in its public ICO

Why Coinbase’s acquisition of Tagomi could pose neutrality problems, according to Su Zhu

Bitcoin derivatives market is growing faster than spot market, suggesting rising institutionalization in the space

Bitcoin mixer Wasabi Wallet under Europol’s lens for facilitating dark web transactions

What stood out from the Digital Dollar whitepaper

U.S. regulator seeks public input as it reviews crypto, DLT activities in the banking sector

A proxy for crime involving bitcoin use? An analysis of U.S. Attorney press releases

Coinsquare CEO confirms client data was stolen by a former employee after report of SIM swap threat

Bitcoin’s mining difficulty falls 9.29 percent

BitMEX parent offers $100K grant to Bitcoin Core researcher Gleb Naumenko

Ripple’s Xpring initiative has invested $500 million in various projects since 2018

Bitcoin could reach $20,000 this year, says Bloomberg strategist

A brief look at the growth of the derivatives

Amended lawsuit filed against Bitfinex and Tether for allegedly manipulating crypto market, Bittrex and Poloniex added as new defendants

Mapping out Xpring’s digital asset ecosystem investments

Hester Peirce nominated for second term as SEC commissioner: report

Some users of the Ethereum mixer Tornado Cash are accidentally blowing their cover, according to new research

Lack of legal clarity poses investor risks if crypto custodians go bankrupt: study

Union Square Ventures, Placeholder among the investors in Numerai’s new $3M token sale

Coinbase cuts rewards on USDC stablecoin holdings by nearly 90%

Crypto exchange Coincheck says it suffered a data breach, which may have exposed some users’ personal information

Gun and police equipment stocks rally amid the social unrest

China’s chip-making giant SMIC, which recently partnered with bitcoin miner maker Canaan, files for $2.8 billion IPO

Blockchain media startup Civil shuts down

Three Arrow’s Su Zhu on the race to build a crypto prime broker

Caitlin Long’s crypto bank raises $5M led by the University of Wyoming

Pricing fashion: DeFi devs seek the perfect algebraic curve for limited-edition goods

Blockstream unveils Liquid Ventures Initiative, discloses $5 million in commitments

Unpublished preliminary scores from Crypto Rating Council found Tron’s TRX, Polkadot’s DOT could face higher chance of being deemed securities

JPMorgan Chase agrees to $2.5 million settlement in legal fight over crypto purchase transaction fees

Webinar: The State of Open Finance

Early use of UMA’s ‘priceless’ synthetic reflects promising but nascent market

U.S. customs officials add Venezuela’s cryptocurrency superintendent to Most Wanted list

Fidelity-backed crypto security startup Fireblocks launches ‘Secure Asset Transfer Network’

P2P crypto exchange LocalBitcoins receives most criminal funds, says CipherTrace

Square Crypto grants $100K to bitcoin’s Lightning Network watchtower The Eye of Satoshi

Crypto-based restaurant review platform SynchroLife raises $2.6 million Series A

Internet Archive faces legal complaint from major publishers

Western Union makes takeover offer to MoneyGram: report