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The Block

Latest news about Cryptocurrency, Blockchain, DeFi, NFTs & DEXs. Live price and charts for Bitcoin, Ethereum and other tokens.
Nigeria lifts restrictions on bank accounts for crypto firms: BusinessDay
Nigeria lifts restrictions on bank accounts for crypto firms: BusinessDay

Quick Take Nigeria’s central bank has reportedly lifted some restrictions on cryptocurrency service providers, allowing firms to open bank accounts in the country. Africa’s most-populous nation, Nigeria has experienced ongoing growth in crypto adoption.

The Block·2023/12/23 19:52
Ikigai sold its FTX bankruptcy claim, Travis Kling says
Ikigai sold its FTX bankruptcy claim, Travis Kling says

Quick Take Ikigai Asset Management, which had a majority of its funds at FTX before it collapsed, sold its claim and is now allowing investors to redeem their capital, CIO Travis Kling said.

The Block·2023/12/22 21:34
SEC admits it made inaccurate statements in Utah crypto case
SEC admits it made inaccurate statements in Utah crypto case

Quick Take The SEC told a Utah court it will train staff about “the duty of accuracy and candor.”

The Block·2023/12/22 17:28
BarnBridge DAO settles with SEC for $1.7 million, agrees to stop selling crypto bond product
BarnBridge DAO settles with SEC for $1.7 million, agrees to stop selling crypto bond product

Quick Take The SEC said BarnBridge and its founders, Tyler Ward, 34, and Troy Murray, 38, did not register the “offer and sale of structured crypto asset securities known as SMART Yield bonds.”

The Block·2023/12/22 16:54
Data center infrastructure provider Akron Energy raises $110 million to expand US bitcoin mining: report
Data center infrastructure provider Akron Energy raises $110 million to expand US bitcoin mining: report

Quick Take U.S. data center infrastructure provider Akron Energy has raised $110 million in private funding. Alternative investment manager Bluesky Capital Management led the round, which saw additional participation from Kestrel 0x1 and Nural Capital.

The Block·2023/12/22 17:17
From spot bitcoin ETFs to real-world assets, industry leaders share their crypto outlook for 2024
From spot bitcoin ETFs to real-world assets, industry leaders share their crypto outlook for 2024

Quick Take Crypto industry leaders share their thoughts on the digital assets outlook for the year ahead, covering everything from spot bitcoin ETFs to stablecoins, real-world assets, NFTs and regulations.

The Block·2023/12/22 13:38
Hong Kong says it's ready to accept spot crypto ETF applications
Hong Kong says it's ready to accept spot crypto ETF applications

Quick Take The Securities and Futures Commission published two circulars today addressing the requirements for spot crypto ETFs.

The Block·2023/12/22 10:52
Elon Musk says he spends hardly any time at all thinking about cryptocurrency
Elon Musk says he spends hardly any time at all thinking about cryptocurrency

Quick Take In an X space talk with Cathie Wood, Musk said he hardly thinks about crypto these days.

The Block·2023/12/22 10:01
Solana Saga phone orders canceled following 'inventory management' issue
Solana Saga phone orders canceled following 'inventory management' issue

Quick Take Some Solana Saga phone customer orders have been canceled following an “inventory management” issue, according to its official X account. The device saw huge demand last week amid a surge in the price of bonk and an arbitrage opportunity presented by the 30 million tokens that come with the phone.

The Block·2023/12/22 10:01
Gaming firm Wemade launches $100 million Web3 fund with Singapore-based Whampoa
Gaming firm Wemade launches $100 million Web3 fund with Singapore-based Whampoa

Quick Take South Korean gaming firm Wemade partnered with technology investor Whampoa Digital. The partnership focuses on launching a $100 million fund dedicated to Web3 development.

The Block·2023/12/22 09:29