The Block

USD (USDR) stablecoin experiences a 50% price crash and departs from its peg

Theon BarrettOct 11, 20232 min read

Real USD Stablecoin Plummets 50% as it Depegs The Real USD stablecoin, also known as USDR, has experienced a significant drop in value, falling by 50%.…

Parsec, the Crypto On-Chain Analytics Platform, Secures Investments from Uniswap and Galaxy

Theon BarrettOct 11, 20233 min read

Parsec Raises $4 Million in Funding and Launches DeFi and NFT Analytics Product Parsec, an on-chain data analytics platform for cryptocurrencies, has announced a successful $4…

Caroline Ellison’s 7 Diverse Balance Sheets for Genesis Shared Prior to Bankruptcy: Inner City Press

Theon BarrettOct 11, 20232 min read

Allegations of Concealing Loans on Alameda Research’s Balance Sheets A recent report from Inner City Press suggests that Sam Bankman-Fried, the former CEO of Alameda Research,…

Phaver, a Web3 social platform, secures $7 million in seed funding

Theon BarrettOct 5, 20232 min read

Phaver Raises $7 Million in Seed Funding Phaver, a web3 social media platform, has successfully raised $7 million in seed funding. The funding round included participation…

FriendTech introduces new feature allowing users to switch communication methods from phone to email in response to increasing reports of SIM swap attacks

Theon BarrettOct 5, 20233 min read

Crypto-Based Social Media Platform FriendTech Enhances Security Measures FriendTech, a social media platform based on blockchain technology, has introduced a new feature that allows users to…

Discord Account Blocking: Orbiter Finance Addresses Rug Pull Accusations

Theon BarrettOct 3, 20232 min read

The Safety of Customer Funds and the Explanation for Discord Disappearance The team at Orbiter Finance, the decentralized cross-bridge rollup project, has reassured users that their…

Grayscale’s Ethereum Trust Transitioning into a Spot Ether ETF

Theon BarrettOct 2, 20232 min read

Grayscale Collaborates with NYSE Arca to File for Ethereum ETF Conversion Grayscale Investments and NYSE Arca have jointly filed Form 19b-4 with the SEC to convert…

Walmart Deal Boosts Trading Volume of Pudgy Penguins by 241%

Theon BarrettOct 2, 20232 min read

Surge in Trading Volume for Pudgy Penguins After Collaboration with Walmart The blue-chip NFT project, Pudgy Penguins, experienced a significant increase in trading volume following its…

The Most Popular Crypto News of the Past Week: Top 5 Stories

Theon BarrettSep 30, 20235 min read

Five Major Crypto Stories from Last Week Last week, the crypto industry witnessed five significant stories. These include the hacking of Mixin Network resulting in a…

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