On November 22, the White House announced the re-nomination of Jerome Powell to serve as the chairman of the Federal Reserve Board.  Powell, a Republican who began his current term under President Trump, has enjoyed a reputation as a moderate in volatile times. Thanks to that reputation, he has been...
Crypto payments infrastructure service MoonPay has announced that it has raised a monster $555 million from Coatue and Tiger Global, hitting a $3.4 billion valuation. The company was previously bootstrapped and profitable, generating $150 million in net revenue this year.  Today’s announcement confi...
Celsius Network has doubled down on its Bitcoin mining investment, adding a further $300 million. In an interview with The Block on Monday, Celsius CEO Alex Mashinsky said that the investment was made to expand its proprietary Bitcoin mining hash rate and power capacity in North America. "These are ...
Last week, Bitcoin covered a 16.2% range before closing the week near $58,675 - about 10.4% lower than the week's opening price. The altcoin marketcap dropped slightly with Bitcoin, beginning the week near $1.588 trillion, reaching a low near $1.344 trillion, and ending the week near $1.533 trillion. While we wait to se...
El Salvador has struck a deal with crypto firms Blockstream and iFinex to advance its efforts in the bitcoin market.  The country is set to issue so-called Bitcoin bonds to "accelerate hyperbitcoinization and bring about a new financial system on top of Bitcoin," according to Blockstream.  El Salvad...
Upon starting crypto investment, a good platform to obtain some understanding and insights regarding the crypto world would be the online crypto communities, such as those present on Reddit. Such communities offer you the chance to learn about the coins that are not doing well, as well as how ot...
Square's secretive TBD project, which earlier this year was framed by founder Jack Dorsey as "a decentralized exchange for Bitcoin," has debuted a new white paper. The 18-page document sketches out the design principles and ambitions for the project, which it describes as "a protocol for discovering...
The Wall Street Journal reported Friday that the winner of last night's chaotic auction for a rare copy of the U.S. Constitution, which spawned a week-long effort among a group of crypto enthusiasts to raise the millions of dollar needed to bid on it, was Citadel founder and CEO Kenneth Griffin. Gri...
Quick Take Blockchains in the Cosmos ecosystem can make cross-chain swaps once they have adopted the IBC standard. While takeup of IBC is reaching an inflection point, it’s starting to result in some growing pains. This feature story is available to subscrib...
Snapshot Labs, a decentralized organization (DAO) governance solution provider, has completed a $4 million seed investment round led by crypto-focused early-stage venture capital fund 1kx. Coinbase Ventures, StarkWare, MetaCartel, Gnosis, and Scalar were also among the investors involved in the capi...

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