The Block
Quick Take GSR’s co-founder and co-CEO Rich Rosenblum, as well as its CTO John MacDonald, will leave the firm. The leadership change marks another major executive shakeup for GSR this year.
Quick Take New investigations into digital assets and other areas “increased significantly” from 2022, the North American Securities Administrators Association said in a statement earlier this week. U.S. regulators have zeroed in on bringing enforcement actions against the crypto industry.
Quick Take Moonwalk Fitness raised $3.4 million in seed funding led by Hack VC, with additional support from Reciprocal Ventures, Binance Labs, CMS, Flowdesk and others. Moonwalk puts a user’s cryptocurrency at stake if they fail certain daily fitness goals.
Quick Take Denmark’s tax authority has recommended a “mark-to-market” taxation on crypto assets as part of its upcoming legislative proposal. Kraken plans to launch its own Ethereum Layer 2 blockchain called “Ink,” built using Optimism’s OP Stack. Ethereum Layer 2 network Base is set to introduce permissionless fault proofs on Oct. 30, designed to help decentralize the network and eliminate single-entity control. The following article is adapted from The Block’s newsletter, The Daily, which comes out on we
Quick Take Infinex founder Kain Warwick discusses his new platform, the upcoming U.S. election and the broader DeFi landscape.
Quick Take The foundation is collaborating with the decentralized AI platform FLock.io to create AI-powered tools for the bespoke programming language Move.
Quick Take Coinbase has laid out its vision for a future where AI agents could use crypto to ignite economic growth. On Wednesday, Coinbase offered a wallet to the recently-minted millionaire, memecoin trading bot known as Truth Terminal.
Standard Chartered analyst Geoff Kendrick expects bitcoin to revisit its all-time high of over $73,000 on the day of the U.S. presidential election.Kendrick has based his prediction on bitcoin derivatives and trading volume indicators.
Quick Take GnosisDAO is launching a $40 million venture fund to support early-stage projects under the Gnosis 3.0 roadmap, according to an announcement on Thursday.
Quick Take Ankr will provide a “gateway for developers to build on TON blockchain.” Building mini-apps and mini-games for Telegram, which utilize TON, has become increasingly popular in recent months.