Block Magnates

Latest stories

A Coinbase report predicts that stablecoins, including USDC and USDT, will face liquidity challenges if the FED hikes rates.

DalmasJul 18, 2022

USDC is sufficiently backed with $55.7 billion in reserves mostly held in U.S. Treasuries and cash in regulated banks.

DalmasJul 15, 2022

Celsius Network has filed for bankruptcy in New York to stabilize and restructure less than a month after suspending withdrawals.

DalmasJul 14, 2022

The “First Trip” demo of the Otherside Meta, a highly interactive metaverse game by Yuga Labs, would be released on…

DalmasJul 13, 2022

Bitcoin mining farms in Texas responded to ERCOT's request by taking off 1,000 MW of electricity load for retail and…

DalmasJul 12, 2022

Omni, an NFTs-for-ETH loans protocol, lost $1.45 million of their internal testing ETH to a hacker on July 10, 2022.

DalmasJul 11, 2022

The U.S. Office of Government Ethics (OGE) now bans all government employees with crypto exposure from commenting on digital asset…

DalmasJul 8, 2022

ShareRing will hold an NFT Technology Preview Party in Melbourne, Australia, on July 15, 2022, from 8 PM to 11…

Block MagnatesJul 7, 2022

FTX has $2 billion in cash and will offer credit lines to distressed strategic crypto firms to prevent a contagion.

DalmasJul 7, 2022

Robert Leshner of Compound Finance has said centralized crypto lending firms are to blame for their failure and is good…

DalmasJul 7, 2022