Nike, a sportswear apparels behemoth, is engaging in a court battle with StockX, an online resale platform. The court battle revolves around an unlicensed non-fungible [...]

Many Indians have signed a petition for the government to introduce reasonable crypto tax policies. This week, India’s finance minister, Nirmala Sitharaman, proposed taxing crypto income at 30%. Indians Sign Petition Urging Government to Rethink Crypto Tax Proposal A petition has been initiated on Change.org for the government of India to “introduce reasonable crypto tax […]

On this episode of The Scoop, MobileCoin founder and CEO Josh Goldbard joined Frank Chaparro to explain how MobileCoin is trying to blend encrypted messaging and payments in the Signal messenger app to make global money transfers easy.

The post How MobileCoin aims to be the global CashApp appeared first on The Block.

Qredo, which builds decentralized tools that help DeFi operators, has secured an $80 million Series A investment.

The post Crypto infrastructure startup Qredo closes $80 million raise led by Dan Tapiero’s 10T Holdings appeared first on The Block.

As the entire lot of 12,333 digital currencies hovers just above $1.8 trillion in value, the stablecoin economy has recently swelled to $178.8 billion or 9.9% of the entire crypto economy. Out of the top five stablecoins, usd coin (USDC) saw its market capitalization jump the most, increasing 18.9% during the last 30 days. The […]

Following two consecutive sessions of declines, cryptocurrencies rebounded on Friday, as markets prepared for the first non-farm payrolls of the year. ETH was up 8% as of writing, with the crypto market cap 4.4% higher. Bitcoin On the first Friday of each month, non-farm payrolls in the United States are released, and this typically sees […]

Venture capital firm, Fundamental Labs launched its Fundamental Labs Fund V – the fifth in its  series of funds that kicked off in 2016. It was constituted within one month with a medium size of  $50M. Fundamental Labs’ investment philosophy is anchored around being a long-term, strategic,  value investor. Short-term speculation is not its approach so remains phase agnostic.  

The post Fundamental Labs: Empowering Web 3.0 mass adoption and looking beyond 2022 appeared first on The Block.

Nike has filed a lawsuit against sportswear reselling giant StockX, accusing it of using Nike trademarks without authorisation to sell non-fungible tokens from its ‘Vault’ NFTs collection “at heavily inflated prices to unsuspecting consumers”.

An exhaustive Reuters investigation revealed that crypto exchange Binance chief Zhao avoided Malta due to pesky anti-money laundering rules.

The post Binance execs complained crypto exchange had weak AML rules, report appeared first on Protos.

The Energy Secretary of Argentina eliminated power subsidies for cryptocurrency miners, raising the cost of energy to almost 4x what the miners were paying before. The measure affects customers of the wholesale power market in the Tierra del Fuego province, one of the provinces more notably occupied by miners in the country due to its […]

2021 came with numerous technological innovations that saw many developers upgrade to meet the new needs of their clients, investors, ...

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Platforms listing ads for mining hardware have been registering declining demand since Bank of Russia’s call for a ban on the minting of digital currencies among other crypto activities. While mining may eventually be legalized, miners can expect to pay higher electricity bills. Supply Exceeds Demand on Russian Market for Mining Chips Mining hardware […]