Crypto exchange Bitstamp to end Canadian services in January
“After initially informing our valued customers in March, Bitstamp will officially discontinue its services to customers in Canada starting Jan. 8, 2024,” Bobby Zagotta, Bitstamp’s U.S. CEO and Global Chief Commercial Officer, said in a statement emailed to The Block. “As a result, all Canada accounts will be closed and customers will no longer have […]
Bitcoin braces for fresh volatility amidst geopolitical uncertainty
Bitcoin volatility increased in the first week of October, with analysts forecasting that such conditions could endure for at least the rest of the month. “Since the beginning of October, bitcoin has been more volatile on average than the past 200 days in the asset’s history,” according to Monday’s Bitfinex Alpha report.
After last year’s crypto crash, there are still fresh companies to be excited about
FTX, Genesis, Voyager, and Three Arrows have all exited the stage in this space. It’s been a year of significant transformation
‘Grand Theft Auto’ dev’s first crypto game sees $5 million in NFT trading
Take-Two, through its mobile gaming subsidiary Zynga, has developed its first blockchain-based game “Sugartown” and the title’s NFTs have generated more than $5 million in trading volume, according to OpenSea data.
Nomura’s crypto arm expands to Japan with new office
Laser Digital, the crypto unit of Japanese banking giant Nomura, has expanded to Japan with a new office in Tokyo.
Pudgy Penguins trading volume surges 241% following Walmart deal
Pudgy Penguins brought in $3.32 million in volume between Sept. 24 and Oct. 1 — a 241% increase compared to the week prior, according to The Block’s Data Dashboard. The $3.32 million in weekly volume is the highest that Pudgy Penguins has brought in since July of this year.
SEC moves to again delay spot bitcoin ETFs from BlackRock, Valkyrie and Bitwise
The Securities and Exchange Commission on Thursday said it is instituting additional proceedings to determine whether proposed spot bitcoin ETFs from BlackRock, Invesco, Valkyrie and Bitwise should be approved or disapproved, in apparent additional delays to the ongoing review processes underway.
What is a flagged NFT?
Blockchains may be permissionless, but services built on top of them can have their own safety controls. A key example of this is when NFT marketplaces control the buying and selling of NFTs that are associated with malicious activity. They do this by flagging NFTs.
The crypto venture market is painfully slow
Crypto VC Mike Dudas discusses the current slowdown in the crypto venture market, citing decreased user engagement across blockchain platforms and unrealistic valuation expectations.
ApeCoin DAO currently voting in favor of sister DAO to acquire influential NFTs
ApeCoin DAO is currently over 70% in favor of proposal AIP-297 to establish a sister DAO and NFT community treasury.