The Block (website)
   HOME





The Block (website)
The Block is an American online publication specializing in cryptocurrencies. It is based in New York. History The Block was founded by Mike Dudas at the beginning of 2018. It raised $4 million from venture capital firms including Greycroft, Pantera Capital, BlockTower Capital and Bloomberg Beta. In 2020, Mike Dudas stepped down and Michael McCaffrey became CEO, having taken an undisclosed loan of $12 million from Alameda Research to buy out other investors and all former employees. Over the next two years, McCaffrey took two more loans from Alameda Research. One for $15 million to finance the ongoing operations of The Block and another for $16 million to purchase personal real estate in the Bahamas. After Alameda Research went bankrupt and McCaffrey's undisclosed loans totaling $43 million were revealed in December 2022, McCaffrey resigned and Bobby Moran, then CRO of The Block, became Interim CEO in November 2022. Moran said that no employe ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Digital Currency
Digital currency (digital money, electronic money or electronic currency) is any currency, money, or money-like asset that is primarily managed, stored or exchanged on digital computer systems, especially over the internet. Types of digital currencies include cryptocurrency, virtual currency and central bank digital currency. Digital currency may be recorded on a distributed database on the internet, a centralized electronic computer database owned by a company or bank, within digital files or even on a stored-value card. Digital currencies exhibit properties similar to traditional currencies, but generally do not have a classical physical form of fiat currency historically that can be held in the hand, like currencies with printed banknotes or minted coins. However, they do have a physical form in an unclassical sense coming from the computer to computer and computer to human interactions and the information and processing power of the servers that store and keep track o ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Cryptocurrencies
A cryptocurrency (colloquially crypto) is a digital currency designed to work through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it. Individual coin ownership records are stored in a digital ledger or blockchain, which is a computerized database that uses a consensus mechanism to secure E-commerce, transaction records, control the creation of additional coins, and verify the transfer of coin ownership. The two most common consensus mechanisms are proof of work and proof of stake. Despite the name, which has come to describe many of the fungibility, fungible blockchain tokens that have been created, cryptocurrencies are not considered to be Currency, currencies in the traditional sense, and varying legal treatments have been applied to them in various jurisdictions, including classification as Commodity, commodities, Security (finance), securities, and currencies. Cryptocurrencies are generally viewed as ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

New York City
New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive with a respective county. The city is the geographical and demographic center of both the Northeast megalopolis and the New York metropolitan area, the largest metropolitan area in the United States by both population and urban area. New York is a global center of finance and commerce, culture, technology, entertainment and media, academics, and scientific output, the arts and fashion, and, as home to the headquarters of the United Nations, international diplomacy. With an estimated population in 2024 of 8,478,072 distributed over , the city is the most densely populated major city in the United States. New York City has more than double the population of Los Angeles, the nation's second-most populous city.
[...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Greycroft
Greycroft LP is an American venture capital firm. It manages over $3 billion in capital with investments in companies such as Bird Global, Bird, Bumble (app), Bumble, HuffPost, Goop (company), Goop, Scopely, The RealReal, and Venmo. Greycroft was founded in 2006 by Alan Patricof, Dana Settle, and Ian Sigalow. The firm is headquartered in New York City, Los Angeles, and the San Francisco Bay Area. History Greycroft was co-founded in 2006 by venture capitalist Alan Patricof, who previously founded Apax Partners, a European private equity group with $50 billion under management. Greycroft raised its first fund (Greycroft I) with $75 million of investor commitments in 2006, Greycroft II with $131 million in 2010, Greycroft III with $175 million fund in 2015, Greycroft IV with $200 million in 2018, Greycroft V with $250 million in 2018, and Greycroft VI with $310 million in 2020. In 2014, Greycroft raised its first growth fund, Greycroft Growth, with $200 million. Greycroft raised ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Pantera Capital
Pantera Capital is an American venture capital and hedge fund firm focused on digital assets headquartered in San Francisco, California. The fund specializes in cryptocurrencies and blockchain technology. It is one of the largest digital asset funds in the world by managed assets. History The firm was founded in San Francisco, California in 2003 by Dan Morehead, before opening offices on Silicon Valley's Sand Hill Road. Morehead was previously the Head of Global Macro Trading and CFO at Tiger Management and is seen as one of the fund's " tiger cubs." The fund was initially focused on global macro before focusing solely on blockchain with Paul Veradittakit. Funding In 2013, Pantera launched the first institutional investment fund focused on Bitcoin in the United States. The fund opened an office in New York during the early 2000s and established operations in Puerto Rico in 2021. Pantera launched its second and third venture funds in 2014 and 2018, respectively. Venture Fun ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Bloomberg Beta
Bloomberg Beta is an early stage venture capital firm with $450M under management, capitalized solely by Bloomberg. The fund exists to expand Bloomberg's horizons by investing in companies built by extraordinary founders that are creating profound change in the way business operates, with a focus on machine intelligence and the future of work. Bloomberg Beta was recognized by VC review site CB Insights as the #2 investor in AI. Led by Roy Bahat, the firm has an unconventional investing model where anyone on the team can independently say "yes" to a deal. The fund's operating manual is publicly available online. Bloomberg Beta launched in June 2013, with $75 million of funding from Bloomberg L.P. A second fund of $75 million was announced in July 2016. In October 2019, they announced a third fund of $75 million. In June 2022, they announced a fourth fund of $75 million, and their first opportunity fund, also of $75 million. Bloomberg Beta is headquartered in San Francisco, Califo ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  




Alameda Research
Alameda Research was a cryptocurrency trading firm, co-founded in September 2017 by Sam Bankman-Fried and Tara MacAulay. In November 2022, FTX, Alameda's sister cryptocurrency exchange, experienced a solvency crisis, and both FTX and Alameda filed for Chapter 11 bankruptcy. That same month, anonymous sources told ''The Wall Street Journal'' that FTX had lent more than half of its customers' funds to Alameda, which was explicitly forbidden by FTX's terms-of-service. At Bankman-Fried's trial, Alameda CEO Caroline Ellison testified that she was one of Bankman-Fried's main accomplices in channeling FTX customer funds into Alameda's coffers. In December 2022, Ellison pleaded guilty to two counts of wire fraud and five conspiracy counts involving wire, securities and commodities fraud and money laundering, in relation to her activities at Alameda Research and FTX. History Foundation In November 2017, Sam Bankman-Fried co-founded Alameda Research as a quantitative trading firm ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


The Bahamas
The Bahamas, officially the Commonwealth of The Bahamas, is an Archipelagic state, archipelagic and island country within the Lucayan Archipelago of the Atlantic Ocean. It contains 97 per cent of the archipelago's land area and 88 per cent of its population. It comprises more than 3,000 islands, cays and islets in the Atlantic Ocean, and is located north of Cuba and north-west of the island of Hispaniola (split between the Dominican Republic and Haiti) and the Turks and Caicos Islands, southeast of the U.S. state of Florida and east of the Florida Keys. The Capital city, capital and largest city is Nassau, The Bahamas, Nassau on the island of New Providence. The Royal Bahamas Defence Force describes the Bahamas' territory as encompassing of ocean space. The Bahama islands were inhabited by the Arawak and Lucayan people, Lucayans, a branch of the Arawakan-Taino language, speaking Taíno, for many centuries. Christopher Columbus was the first European to see the islands, making ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Singapore
Singapore, officially the Republic of Singapore, is an island country and city-state in Southeast Asia. The country's territory comprises one main island, 63 satellite islands and islets, and one outlying islet. It is about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, bordering the Strait of Malacca to the west, the Singapore Strait to the south along with the Riau Islands in Indonesia, the South China Sea to the east, and the Straits of Johor along with the State of Johor in Malaysia to the north. In its early history, Singapore was a maritime emporium known as '' Temasek''; subsequently, it was part of a major constituent part of several successive thalassocratic empires. Its contemporary era began in 1819, when Stamford Raffles established Singapore as an entrepôt trading post of the British Empire. In 1867, Singapore came under the direct control of Britain as part of the Straits Settlements. During World ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Andrej Babiš
Andrej Babiš (; born 2 September 1954) is a Czech businessman and politician who served as the Prime Minister of the Czech Republic, prime minister of the Czech Republic from 2017 to 2021. He previously served as the Finance Minister of the Czech Republic, Minister of Finance and deputy prime minister from 2014 to 2017. Babiš is the founding leader of the political party ANO (political party), ANO, a position he has held since 2012. Born in Bratislava, Babiš moved to the Czech Republic in the early 1990s. During a lengthy business career, he became one of the List of Czechs by net worth, richest people in the Czech Republic, with an estimated net worth of about $4.04 billion according to Bloomberg L.P., Bloomberg in November 2020. In February 2024, his net worth was estimated at $3.5 billion according to Forbes. He is the founder and owner of the Agrofert holding company, one of the country's largest firms. Babiš was appointed prime minister on 6 December 2017, after ANO eme ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  




Zdeněk Hřib
Zdeněk Hřib (born 21 May 1981) is a Czech healthcare manager and politician, who has served as chair of the Czech Pirate Party since November 2024, and served as the Mayor of Prague from November 2018 to February 2023. Initially a physician, Hřib held managerial and consulting positions in state, corporate and non-profit healthcare entities dedicated to digitization, quality control, and consumer protection. He ran unsuccessfully in the 2014 Prague municipal election, but assumed office following the 2018 municipal election, where the Pirates finished second and formed a governing coalition with the third- and fourth-placed parties that held 39 out of 65 seats in the Prague City Assembly. Early life and career Zdeněk Hřib was born on 21 May 1981 in Slavičín, near Zlín in the south-east of the Czech Republic. He studied medicine at Charles University in Prague and participated in a student exchange program in Taiwan. Subsequently, Hřib held managerial positions in ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]