New NFT Collections
The maker of the popular NFT platform NBA Top Shot has raised $305 million in a new funding round. Reports emerged Tuesday morning of the round, led by Coatue Management. The Block reported last month that Dapper Labs was raising a significant funding round led by Coatue, a billion-dollar investment...
HM Revenue & Customs, the United Kingdom’s tax authority, has published fresh guidance on the taxation of cryptocurrencies. The Block revealed on March 26 that the taxman would be rolling out a new “Cryptoassets Manual” this week, consolidating previous guidance and offering a steer on staking a...
Derivatives exchange giant CME Group is launching micro bitcoin futures on May 3, subject to regulatory review. The micro bitcoin futures will be 1/10th the size of one bitcoin and are aimed at providing a cost-effective way to bitcoin exposure. CME already offers bitcoin futures since December 2017...
Tether has released an assurance report delivered by accounting firm Moore Cayman that shows that its stablecoins were fully backed as of last month. The report, shared with The Block by Tether on Tuesday, is dated February 28 and has an assurance opinion by Moore Cayman that Tether's consolidated a...
Tether has released an assurance report delivered by accounting firm Moore Cayman that shows that its stablecoins are fully backed. The report, shared with The Block by Tether on Tuesday, is dated February 28 and has an assurance opinion by Moore Cayman that Tether's consolidated assets exceeded its...
PayPal has started allowing U.S. users to spend their cryptocurrency holdings at millions of online merchants globally, Reuters reported Tuesday. The development means PayPal users who hold bitcoin (BTC), ether (ETH), bitcoin cash (BCH), and litecoin (LTC) in PayPal digital wallets can now convert t...
The U.S. Securities and Exchange Commission has filed a lawsuit against New Hampshire-based crypto startup LBRY Inc., accusing the company of selling unregistered securities in the form of its token. LBRY operates a decentralized content publishing platform. According to the company, the firm's in-h...
On March 29, decentralized lending startup Liquity announced the completion of a $6 million Series A investment round. In a blog post on the funding round, founder Robert Lauko wrote that "[t]his investment round will allow us to continue pursuing Liquity’s mission of improving access to on-chain bo...
The Oakland Athletics baseball team typically rents out its full-season luxury viewing suites for $64,800. But until April 1, the suites will be available for the price of one BTC.  “We heard from our fans that they’re interested in paying in crypto,” Dave Kaval, president of the team, told Bloomber...
An array of regulators from the United States and the European Union met to discuss financial innovations, including green finance and the ever-pressing topic of stablecoins. In a March 29 announcement, the U.S. Treasury said that a virtual forum last week hosted all of the heavy hitters of the EU a...

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