Month

September crypto VC roundup: Funding slightly increased from previous month

September crypto VC roundup: Funding slightly increased from previous month

Quick Take Venture capitalists invested about $2.3 billion in crypto startups in September — slightly more than the previous month. More than 20 new VC funds launched in September, including from Bessemer Venture Partners, Northzone and Madrona. This feature story is available to subscribers of The Block News Plus. You can continue reading this News …

September crypto VC roundup: Funding slightly increased from previous month Read More »

Bitcoin Slumps to Lowest Level in Over a Month After Powell Affirms Hawkish Monetary Policy

Bitcoin Slumps to Lowest Level in Over a Month After Powell Affirms Hawkish Monetary Policy

“We expect a 75 basis point rate hike in September, and do not expect there to be a drastic effect on the markets should that come to pass, followed by successive rate hikes until inflation is reined in and the unemployment rate returns to a healthier number,” Josh Olszewicz, head of research at digital asset …

Bitcoin Slumps to Lowest Level in Over a Month After Powell Affirms Hawkish Monetary Policy Read More »

Fintech unicorn Nubank expects twin public listings next month, invites app users to become partners

Fintech unicorn Nubank expects twin public listings next month, invites app users to become partners

Nubank has revealed expected dates for when it will go public in the U.S. and Brazil as part of its upcoming initial public offering (IPO). In a Portuguese-language blog post, Nubank said it estimates Dec. 9 and 10 as the dates when its parent Nu Holdings will list on the New York Stock Exchange (NYSE) …

Fintech unicorn Nubank expects twin public listings next month, invites app users to become partners Read More »

Ether price hits new highs above $2,560, market cap nearing $300 billion

Ethereum mining revenue set for record-breaking month despite price declines

The price of ether, the native cryptocurrency of Ethereum, is significantly down from its all-time high this month, but May is still set to represent a record-breaking month for ETH miners. Data collected by The Block Research shows that as of May 23, ETH miners have hauled in some $1.93 billion in revenue. Of that …

Ethereum mining revenue set for record-breaking month despite price declines Read More »

Mixed martial arts league UFC is launching a fan token next month

Mixed martial arts league UFC is launching a fan token next month

Mixed martial arts league UFC is launching a fan token this June. A year after it first partnered with sports-focused blockchain platform Chiliz, the two will mint $UFC on the Chiliz blockchain.  Chiliz and its token platform Socios.com have primarily focused on European soccer teams, enabling them to mint their own fan tokens. Those tokens …

Mixed martial arts league UFC is launching a fan token next month Read More »

Dell-owned VMware launches blockchain platform for enterprises

Exchange volumes surpassed $1 trillion for second month in a row

Crypto exchange volumes surpassed $1 trillion in March — the second consecutive month that volumes have reached thirteen figures. According to data compiled by The Block, spot trading volumes for March totaled $1.17 trillion. That’s a 5% decrease from February’s all-time high volume of $1.23 trillion.  A breakdown of March’s crypto-only exchange volumes shows that …

Exchange volumes surpassed $1 trillion for second month in a row Read More »

Weekly 'Bitcoin' tweet volume hit a new high this month

Weekly ‘Bitcoin’ tweet volume hit a new high this month

The week-by-week number of tweets containing the word ‘bitcoin’ hit a new this month, according to data compiled by The Block Research. For the week ending February 14, there were roughly 675,000 tweets containing the term ‘Bitcoin.’ That figure represents a 17.13% increase from the previous volume peak, which occurred in mid-January with a weekly …

Weekly ‘Bitcoin’ tweet volume hit a new high this month Read More »