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The Block

Latest news about Cryptocurrency, Blockchain, DeFi, NFTs & DEXs. Live price and charts for Bitcoin, Ethereum and other tokens.
Starknet collaborates with Celestia on data availability for Layer 3 ecosystem
Starknet collaborates with Celestia on data availability for Layer 3 ecosystem

Quick Take Ethereum scaling solution Starknet is collaborating with Celestia to improve data availability for Layer 3 chains. The collaboration enables Starknet to use Celestia for data storage, aiming to minimize gas costs.

The Block·2024/02/03 04:20
dYdX Chain adds liquid staking support with latest upgrade
dYdX Chain adds liquid staking support with latest upgrade

Quick Take The dYdX Chain now has liquid staking for DYDX, the native token of the dYdX Chain. The network upgraded to allow liquid staking providers to join the network.

The Block·2024/02/03 04:20
Manta co-founder on why Manta Pacific became the third-largest Layer 2 network by TVL
Manta co-founder on why Manta Pacific became the third-largest Layer 2 network by TVL

Quick Take: Manta Network co-founder Kenny Li explains two reasons why Manta Pacific has risen to the top three Layer 2s by TVL. Li said the project’s token launch was a rollercoaster and that it plans to identify who carried out an attack on the network.

The Block·2024/02/03 04:20
Qredo enters administration following partial acquisition by Dan Tapiero's 10T and 1RT
Qredo enters administration following partial acquisition by Dan Tapiero's 10T and 1RT

Quick Take Dan Tapiero’s 10T and 1RT firms have acquired “substantial” assets of Qredo. The rest of the Qredo business has been placed into administration. Qredo has laid off 44 more people due to administration, a source told The Block.

The Block·2024/02/02 16:12
Solana registers all-time high in monthly new addresses for January
Solana registers all-time high in monthly new addresses for January

Quick Take: New addresses on Solana reached an all-time high on a monthly basis in January. The count of new addresses on Solana increased to nearly 12 million during the month.

The Block·2024/02/02 14:00
Stablecoins that earn yield could overtake current swathe of stablecoins, says Ondo COO
Stablecoins that earn yield could overtake current swathe of stablecoins, says Ondo COO

Quick Take Ondo COO Justin Schmidt forecasts that the total addressable market for yield-bearing stablecoins could be greater than the demand for the current market of stablecoins. Ondo recently launched its governance token and currently offers two tokens that offer yield from U.S. Treasurys.

The Block·2024/02/02 09:12
Here's how Gnosis Pay plans to bridge the gap between onchain and off-chain payments
Here's how Gnosis Pay plans to bridge the gap between onchain and off-chain payments

Quick Take Gnosis co-founder Dr. Friederike Ernst shares how Gnosis Pay is integrating traditional and crypto payment rails to enable crypto payments for everyday spending.

The Block·2024/02/02 08:01
DOJ charges trio for $400 million SIM-swapping hack targeting FTX
DOJ charges trio for $400 million SIM-swapping hack targeting FTX

Quick Take Three individuals targeted multiple victims with SIM-swapping hacks in the U.S., including one FTX employee, Bloomberg reported.

The Block·2024/02/02 02:43
Widely mocked NFT project Pixelmon raises $8 million in seed round including Animoca Brands
Widely mocked NFT project Pixelmon raises $8 million in seed round including Animoca Brands

Quick Take Since its underwhelming 2022 debut, Pixelmon has been working to rebrand its decentralized game franchise with a new team under LiquidX Studios.

The Block·2024/02/02 01:25
Comedian Larry David looks back at FTX Super Bowl commercial, says 'like an idiot, I did it'
Comedian Larry David looks back at FTX Super Bowl commercial, says 'like an idiot, I did it'

Quick Take The comedian said his friends said it was fine to do, adding it was “totally on the up and up.”

The Block·2024/02/01 23:13