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Stablecoin Adoption Is ‘Exploding' — Here's Why Wall Street Is Going All-In
Alchemy co-founder and president Joe Lau said stablecoin adoption is exploding as banks, fintechs and payment platfor…
The Daily: JPMorgan says Strategy is key to bitcoin’s next move, IMF warns stablecoins may weaken central bank control, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Turkey’s Paribu to buy CoinMENA in deal worth up to $240 million, adding Dubai and Bahrain licenses
Paribu has acquired CoinMENA in a transaction valued at up to $240M, expanding the platform’s regulated footprint i…
‘I’m not betting on a markup this month’: Lawyer outlines three issues still holding up the crypto market structure bill
Senate negotiators are struggling to finalize a bill as disputes over stablecoin yield, conflicts of interest, and De…
Crypto sleuth ZachXBT claims British threat actor tied to $243 million Genesis creditor theft ‘likely arrested’
A British hacker tied to the $243 million Genesis creditor theft has possibly been arrested in Dubai, according to on…
Coinbase incubated Ethereum L2 Base network rolls out bridge to Solana
Popular Ethereum Layer 2 Base will now support Solana-based assets natively, and enable the export of Base assets ont…
Coinbase, Chainlink Introduce Base-Solana Bridge to Link Ecosystems
The bridge, secured by Chainlink's Cross-Chain Interoperability Protocol, allows users to trade and interact with Sol…
‘Backed by nothing’: Peter Schiff says bitcoin can’t rival tokenized gold in debate with CZ
Longtime gold advocate Peter Schiff said bitcoin’s demand is fading despite ETF inflows, corporate accumulation, an…
Kraken and Deutsche Borse strike partnership to link traditional and digital markets
Kraken and Deutsche Börse Group announced a collaboration to create a two-way bridge between traditional market infr…
‘New Golden Age’: CFTC’s Pham announces regulated crypto spot trading has arrived
Bitnomial has become the first exchange to list CFTC regulator-approved spot cryptocurrency products, the agency anno…
Ledger researchers flag Android chip flaw enabling full device takeover, exposing smartphone-based web3 wallets to physical attack
The vulnerability requires physical access, but underscores risks for users who store private keys on their smartphones.
Sports apparel giant Fanatics launches prediction market with Crypto.com
Like Polymarket and Kalshi, Fanatics Markets will let users trade contracts across sports, finance, economics, and po…
The Daily: UK passes crypto property law, Firelight launches XRP staking protocol on Flare, Trump brothers’ American Bitcoin plunges, plus more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Polymarket begins opening US app to users on the waitlist
The CFTC banned Polymarket from operating in the U.S. in 2022 for operating an unregistered derivatives exchange.
ETHZilla Buys 20% of AI Lending Platform Karus in $10M Deal to Tokenize Auto Loans
The companies plan to tokenize auto loans, with the first portfolios expected to be available by early 2026.
Stable, Theo Anchor $100M+ in Libeara-Backed Tokenized Treasury Fund ‘ULTRA’
Stable and Theo committed over $100 million to ULTRA, a tokenized U.S. Treasury fund managed by FundBridge Capital an…
Binance appoints co-founder Yi He as new co-CEO alongside Richard Teng
Yi He will lead the company alongside previous solo CEO Richard Teng, the exec announced during Binance Blockchain Week.
Cathie Wood’s Ark Invest stocks up on more Coinbase, Bullish and Robinhood shares
Ark Invest bought another 28,315 Coinbase shares on Tuesday, worth around $7.5 million, as it continued to rebalance …
Investigating DeFi hacks with ‘Code is Law’ co-director James Craig and Wildcat Finance co-founder Laurence Day
"Code is Law" co-director James Craig and Wildcat Finance co-founder Lawrence Day discuss their experiences with, and…
Celestia-based Astria Network sunsets its shared sequencer network after raising $18 million
The Astria Network was “intentionally halted” at block number 15,360,577, according to the team and blockchain da…
Former FTX CEO Sam Bankman-Fried praises Trump’s pardon of ex-Honduran president as he seeks clemency
SBF took to social media again on Tuesday to react to Trump's pardoning of former Honduran President Juan Orlando Her…
The Daily: Grayscale predicts new bitcoin highs in 2026, ‘Vanguard effect’ lifts crypto markets, Chainlink ETF debuts, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Kraken to buy Backed Finance in tokenization push ahead of IPO
Kraken has acquired Backed Finance, the tokenized-asset issuer behind its xStocks products, as the exchange pushes de…
Kraken Agrees to Buy Tokenization Specialist Backed Finance as RWA Trend Accelerates
The exchange has already teamed up with the Switzerland-based firm for its tokenized equity offering, xStocks.
BlackRock’s Larry Fink and Rob Goldstein say tokenization could do for finance what the early internet did for information
The executives pointed to a 300% surge in real-world asset tokenization over 20 months as evidence that the shift is …
Yearn recovers $2.4 million in stolen assets stemming from ‘unchecked arithmetic’ bug
Yearn Finance lost about $9 million in an exploit on Sunday, after an attacker was able to mint a near-infinite amoun…
Kalshi tokenizes ‘thousands’ of its prediction markets using Solana
Kalshi has tapped Solana to move its prediction markets onchain and enable permissionless monetization of its "global…
Kalshi Launches Tokenized Event Bets on Solana Blockchain: CNBC
The prediction market is rolling out tokenized contracts on Solana to meet crypto traders where they already are, Kal…
The Daily: Bitcoin faces ‘late-cycle fragility,’ Strategy establishes new $1.44B USD reserve, Sony Bank plans US stablecoin, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Crypto operating businesses ‘look strong,’ despite weak price action: Bernstein
Analysts pointed to Coinbase's expanding product lines, token launches, and new consumer apps as examples of "transfo…