Cryptocurrency prices were little change alongside other risk assets ahead of Federal Reserve Chair Jerome Powell’s speech this afternoon at the Economic Club of Washington. Bitcoin was tr...
Tag: Layer 1s
Lido presents plan for Version 2, adding staking withdrawals and more
Lido Finance finished the design for the second version of its protocol, which will bring in support for Ethereum staking withdrawals post-Shanghai and rework the Staking Router in a way that should b...
Crypto market continues to rise, while Silvergate shares seesaw after probe report
Bitcoin settled around $23,570 at 5:20 p.m. EST after climbing as high as $24,100 earlier in the day, according to TradingView data. It’s up about 0.4% over the past day following the Federal Re...
Federal Reserve raises interest rates by 25 basis points, as expected
The U.S. Federal Reserve raised the target range for the federal funds rate by 25 basis points to 4.5-4.75 percent, bringing the interest rate to a 15-year high. Wednesday’s interest rate decisi...
Market trades flat ahead of Fed’s interest rate decision
Crypto prices remained mostly flat after the market opened on Wednesday, as traders await the Federal Reserve’s interest rate decision and comments from the subsequent press conference this afternoon....
CME’s crypto derivatives reach new highs as traders seek safe port in storm
Derivatives trading giant CME Group has clocked a record high in volume and open interest for bitcoin options as traders flock to the venue in the wake of the FTX meltdown. Bitcoin options volum...
Crypto prices flat, while Dogecoin rallies
Crypto prices remained mostly flat after the market opened on Tuesday, with Dogecoin rising significantly by 8.1%, outperforming the top 10 coins. Bitcoin fell 0.3% to $23,117 around 9:50 a.m. E...
Secret Labs and Secret Foundation battle it out openly
Guy Zyskind, founder and CEO of Secret Labs, raised a number of questions around the past operations of the Secret Foundation and its founder Tor Bair. Both entities support the Secret Network, a priv...
Bitcoin’s back in the green, Aptos reaches all-time high as major markets end little changed
Bitcoin jumped above $23,200 as Aptos’s APT soared 46% while traditional markets were muted. The largest cryptocurrency was up about 1.6% over the past day at 4:35 p.m. EST after trading l...
The ‘age of tokenization’ of real-world assets is coming
There are a lot of reasons to be bullish on what’s happening with Ethereum even if you can’t unstake your ETH just yet, Ether Capital CEO Brian Mossoff said in an interview with The Block. Mosso...
From FTX to the Merge, 2022’s defining moments
2022 was defining for crypto, albeit not in a good way. Greed and exuberance took hold only to unravel in spectacular fashion. The year started with attention on the timing of The Merge, which b...
Why FTX’s collapse is a ‘crucible moment’ for Solana
Episode 125 of Season 4 of The Scoop was recorded remotely with The Block’s Frank Chaparro and Solana co-founders Raj Gokal and Anatoly Yakovenko. Listen below, and subscribe to The Scoop ...
Ethereum Remains Dominant Amidst Major Impacts to DeFi Ecosystem
December 9, 2022, 8:23PM EST • 9 min read Quick Take Ethereum continues to be the largest DeFi ecosystem by far, and has consequently endured significant impacts from the collapse of FTX and Alameda T...
Three Arrows Capital co-founder says it wasn’t luna that took it out, but FTX
It wasn’t the collapse of the cryptocurrency luna that ultimately caused the downfall of Three Arrows Capital, according to 3AC co-founder Kyle Davies. Instead, it was the firm’s final position being ...
Prosecutors seek arrest warrant for Terraform Labs’ co-founder Daniel Shin: Yonhap
Prosecutors in South Korea are reportedly seeking an arrest warrant for Terraform Labs co-founder Daniel Shin. The Seoul Southern District Prosecutors Office said Wednesday that it is seeking th...
Tron Takes Advantage of FTX Fiasco
November 26, 2022, 1:12AM EST • 7 min read Quick Take In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and brid...
Justin Sun, Tron DAO line up to contribute to Binance recovery fund: Exclusive
Blockchain operator Tron DAO and Justin Sun, its billionaire founder, have applied to contribute capital to Binance’s industry recovery fund. Binance published details of the fund yesterday afte...
Polkadot-based protocol t3rn raises $6.5 million: Exclusive
t3rn, a Polkadot-based blockchain interoperability protocol that aims to facilitate cross-chain transactions, has raised $6.5 million in a strategic funding round. Polychain Capital led the roun...
BNB Chain Solidifies its DeFi Market Share
November 23, 2022, 1:45PM EST • 6 min read Quick Take The BNB Chain ecosystem has gained outsized attention in recent weeks after what started as a public dispute between the founders of Binance and F...
Cosmos-based DeFi protocol Onomy raises $10 million: Exclusive
Onomy, a Cosmos-based decentralized finance protocol, has raised $10 million in a private token funding round. The round was backed by investors including Bitfinex, GSR, Ava Labs, CMS Holdings a...
Inside Aptos — the $1.9 billion blockchain born out of the shuttered Libra project
Episode 116 of Season 4 of The Scoop was recorded live with The Block’s Frank Chaparro and Kevin Peng, and Aptos Co-Founders Avery Ching and Mohammed Shaikh. Listen below, and subscribe to...
Netherlands man arrested for allegedly laundering money with bitcoin
A man in the Netherlands was arrested for allegedly laundering money using bitcoin. Prosecutors claim there were links to trading on the dark web. The 42-year-old man, from the municipality of M...
Solana Ecosystem Contends with FTX Fallout
November 18, 2022, 3:09PM EST • 11 min read Quick Take In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bri...
On the User Experience of Cross-Chain Bridges
November 15, 2022, 4:39PM EST • 7 min read Quick Take Interoperability protocols are becoming more relevant for the continued development of increasingly fragmented blockchain ecosystems. While most e...