📢#TaxBit , a crypto tax and accounting software provider, has acquired rival Tactic to expand its offerings.

Source: #TheBlock

#crypto2023

📢The Securities and Exchange Commission has rejected a spot bitcoin exchange-traded fund proposed by #ARK Investment Management and 21Shares.  

Source: #TheBlock

##bearorbull #crypto2023

📢#TheBlock CEO Michael McCaffrey resigned after failing to disclose the loans $43 million, of which $16 million was used to purchase real estate in the Bahamas. These loans were apparently kept secret from employees, as McCaffrey was the only member on the board.

⚡#Flashbots , an #Ethereum infrastructure service, is in discussions with potential backers about raising up to $50 million at a billion-dollar valuation.

Source: #TheBlock

#crypto2023

📢Trader Joe has partnered with LayerZero to convert its native token “joe” into an omni-chain fungible token (OFT).

Source: #TheBlock

#bnbgreenfield #BNB #OFT

⚡#Bitcoin miner #Bitfarms settled $21 million in debt from BlockFi with a single payment of $7.75 million in cash.

Source: #TheBlock

#crypto2023 #Web3 p

The #Sec charged Tron founder Justin Sun over the unregistered offer and sale of 2 crypto asset securities; he was also accused of wash trading. Eight celebrities including Lindsay Lohan, Jake Paul & Soulja Boy were also charged for violating federal securities laws.
#TheBlock

⚡️ The Block has sold a majority stake to Foresight Ventures in a ~$60M deal

Crypto media company The Block sold a majority stake to Singaporean venture capital firm Foresight Ventures in a deal valuing the crypto outlet at $70M. Foresight Ventures, with $400M in assets under management, has bought a stake worth roughly $60M for an 80% share of the company. The fresh funds will allow The Block to build out new products and expand its footprint into Asia and Middle East. #TheBlock #Foresight

⚡️ Crypto exchange Bullish acquires 100% of CoinDesk from Digital Currency Group

Cryptocurrency exchange Bullish has purchased 100% of CoinDesk from crypto-focused investor Digital Currency Group (DCG) in an all-cash deal. After the deal, CoinDesk will operate as an independent subsidiary of Bullish. Last week, Foresight Ventures bought a majority stake in The Block for a ~$60M deal.

#Coindesk #bulllish #DCG #Media #TheBlock

🐳📈 $BTC #TheBlock : The number of BTC addresses with more than 1000 coins has reached a new all-time high.

📊 $BTC #TheBlock : Following the month-end options expiration on Friday, January 26, significant decline in open interest in short-term BTC derivatives, especially options, which caused the price of BTC to rise.

The largest amount of open interest in BTC for all upcoming expiration dates currently consists of calls with a strike price of $50,000, which indicates bullish sentiment in the market.

🚨 **Media Update** 🚨
Cryptocurrency news source, **The Block**, has made an official announcement. This comes after **Cointelegraph**, another crypto media outlet, reported information which they later revised by adding the phrase, ‘According to what I heard.’
Always ensure to verify news from multiple reputable sources before drawing conclusions.
#CryptoNews #TheBlock #Cointelegraph #MediaUpdate

📊 $ETH #TheBlock : The number of active and new addresses in the Ethereum network, as well as on-chain activity, are at their highest over the past 12 months.
Also, the total supply of ETH dropped to its lowest level since August 2022.