Blockchain

Larva Labs signs up with talent agency for major media representation

Video game platform Steam bans NFTs, crypto and blockchain tech

advertisement The video game distribution platform Steam has updated its guidelines to ban the use of non-fungible tokens (NFTs), cryptocurrencies or other blockchain-based technologies from its platform.  The new rule was tacked onto a list of “What you shouldn’t publish on Steam,” which also bans hate speech, libelous or defamatory statements and non-interactive 360 virtual …

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Core Scientific to Build 300MW Blockchain Data Center in Texas

Core Scientific to Build 300MW Blockchain Data Center in Texas

Core Scientific, the blockchain hosting and digital asset mining company, is building a new 300- megawatt (MW) blockchain data center in Denton, Texas. The company is building the data center using “emissions-free power supplemented by renewable energy credits.” “When completed, the new Denton data center will increase the company’s total power capacity to more than …

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BitGo's Mike Belshe explains why regulators should embrace the openness of the blockchain

BitGo’s Mike Belshe explains why regulators should embrace the openness of the blockchain

Episode 57 of Season 3 of The Scoop was recorded remotely with The Block’s Frank Chaparro and Mike Belshe, CEO at BitGo. Listen below, and subscribe to The Scoop on Apple, Spotify, Google Podcasts, Stitcher or wherever you listen to podcasts. Email feedback and revision requests to [email protected] This episode is brought to you by our sponsors Bakkt, Kraken, and Exodus Bakkt® …

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Blockchain tech firm Blockdaemon raises $155 million in Series B funding

Blockchain tech firm Blockdaemon raises $155 million in Series B funding

advertisement Blockdaemon, a New York-based startup that builds blockchain nodes and other tech, has raised $155 million at a valuation of $1.26 billion.  According to a release announcing the Series B funding round, SoftBank’s Vision Fund 2 led the round. New investors Matrix Capital Management, Sapphire Ventures and Morgan Creek Digital participated in the round, …

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Solana Labs raises $314 million in new funding round

Solana blockchain validators restart network after transaction stoppage

advertisement The Solana blockchain is back online after an hours-long outage. As previously reported, Solana’s transaction blocks came to a stop on Tuesday. Developers later said that Solana’s mainnet “encountered a large increase in transaction load which peaked at 400,000 TPS. These transactions flooded the transaction processing queue, and lack of prioritization of network-critical messaging …

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SEC issues no-action letter in response to digital asset securities questions

SEC files insider trading charges years after iced tea company’s 2017 blockchain ‘pivot’

A now-infamous “pivot” from iced tea to blockchain tech that sent a publicly-traded company’s stock soaring has years later resulted in insider trading charges against three individuals. The Securities and Exchange Commission went public with its lawsuit on Friday, according to a press release, alleging that Eric Watson, Oliver-Barret Lindsay and Gannon Giguiere engaged in …

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