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Foresight Ventures Acquires The Block in $70 Million Deal


Source: Pixabay Crypto news site The Block has been sold to venture capital group Foresight Ventures in a $70 million deal. Foresight Ventures will acquire a 80% share of the company, Axios reported. The Block CEO Larry Cermak said in an X post on Monday that the acquisition would provide...

Roblox CEO “Dreams” of Adding Cross-platform NFTs As Part of Open Ecosystem


Source: Pixabay Popular gaming platform Roblox could look to add cross-platform NFTs in-game, founder and CEO David Baszucki said. In an interview with CNBC, Baszucki said that adding cross-platform NFTs in Roblox was “a bit of a dream here.” “I want to highlight there’s a bit of a dream here about...

Bitcoin and Life Insurance: CEO Zac Townsend’s Unique Perspective


Life Insurance. Source: Adobe / zimmytws Bitcoin (BTC) is the perfect financial asset to form the foundation of a life insurance product, according to Meanwhile CEO Zac Townsend. In a recent interview with Axios, the executive explained how and why his life insurance company uses BTC as its sole...

SEC Chair Indicates FTX Revival, FTT Rallies


U.S. Securities and Exchange Commission Chair Gary Gensler indicated a potential reboot of FTX during DC Fintech Week on Wednesday, prompting FTX’s digital token, FTT, to rally.  Gensler’s comments were made when referring to the bid for FTX by former president of the New York Stock Exchange...

NFT Giant Opensea Retrenches an Unknown Number of Employees


Opensea recently retrenched an unknown number of employees as part of what the CEO Devin Finzer describes as a rebuilding exercise. According to the CEO, taking this step helps Opensea build a foundation which enables it to innovate faster. Smaller Team With Direct Connection to Users Opensea,...

Gary Gensler: Crypto Frauds Extend Beyond a Single Case


Image Source: CNBC Gary Gensler, Chair of the Securities and Exchange Commission (SEC), has issued a warning about the prevalence of fraud in crypto, stating that there are multiple “notorious fraudsters” operating in the space. Gensler’s comments come on the heels of the criminal...

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