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Global Dollar Network expands with EU launch of USDG stablecoin by Paxos with backing from Robinhood, Kraken and others
Paxos USDG will have a significant impact in the EU's regulated stablecoin markets, offering an alternative to USDC a…
Katana Mainnet Goes Live as Pre-Deposits Hit $180M
Depositors will receive rewards such as randomized NFT "Krates" and a portion of KAT tokens.
Bernstein sets $230 price target on Circle stock, calls it the ‘internet dollar network for the next decade’
The Bernstein analysts expect the stablecoin market to reach $4 trillion over the next decade from around $244 billio…
Stablecoin protocol Resupply proposes burning 6 million tokens after $10 million exploit
Resupply said it would burn six million reUSD tokens via its insurance pool as part of its recovery plan from the $10…
Front-end and private key exploits drove over $2 billion in crypto thefts during H1 2025: report
TRM Labs reports that crypto hackers stole $2.1 billion in H1 2025, more than the total siphoned throughout 2024.
Israeli units may have used $90 million Nobitex exploit to gather internal data, says TRM Labs
Iran's largest crypto exchange Nobitex was allegedly hacked by a pro-Israel hacker group last week, resulting in loss…
Asia Morning Briefing: Asia's Banks Look to Stablecoins to Prevent Deposit Flight
PLUS: Bakkt is entering the BTC Treasury market with a $1 billion BTC purchase.
Tether Seeks More Active Role at Juventus After Buying Over 10% of Soccer Club
Tether said it asked to participate in the club's recent capital increase and be granted a board seat in May.
The Daily: Metaplanet surpasses Tesla in BTC holdings, Bit Digital gives up on Bitcoin mining for Ethereum treasury play, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Ex-Blackstone, Tether Execs Seek $1B to Build Multitoken Crypto Treasury: Bloomberg
The company intends to buy a basket of tokens, including bitcoin, ether and sol.
Coinbase Brings Wrapped Cardano, Litecoin to Base With cbADA, cbLTC
The exchange rolled out ERC-20 versions of ADA and LTC that are backed on a 1:1 basis, enabling Cardano and Litecoin …
Coinbase’s wrapped ADA and LTC tokens go live on Base
Coinbase has launched two additional wrapped tokens on its Base Ethereum Layer 2 network — cbADA and cbLTC.
Attacker drains over $9 million from Resupply stablecoin protocol after manipulating token price
Resupply was exploited for around $9.5 million by attackers targeting low liquidity markets to manipulate the exchang…
Tether CEO predicts one trillion AI agents will use Bitcoin and USDT for transactions within 15 years
Speaking on The Block's Big Brain podcast, Tether CEO Paolo Ardoino said USDT and Bitcoin will power transactions amo…
Ethereum-based stablecoin adoption hits fresh all-time high with over 750,000 unique weekly users — a new all-time high
Together, USDT and USDC account for the majority of the approximately $134 billion total stablecoin market on the net…
Pantera, Blockchange lead funding for privacy-focused Zama Confidential Blockchain Protocol at $1 billion valuation
Zama closed a $57 million Series B at a valuation of over $1 billion, according to a statement on Wednesday.
Privacy Pools adds stablecoin support for private Ethereum transfers
Privacy Pools, backed by Ethereum co-founder Vitalik Buterin, is adding support for stablecoins, according to an anno…
The Daily: BTC treasury companies having a weaker impact on price than ETFs, Tether sets sights on becoming the largest bitcoin miner, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Paolo Ardoino says Tether-backed brain-computer interface ‘much more advanced’ than Elon Musk’s Neuralink
Tether's multi-billion dollar war chest has been deployed into several projects in recent years, including a Neuralin…
Tether CEO Paolo Ardoino says firm ‘will become the biggest bitcoin miner’ by end of 2025
With over 100,000 BTC in total holdings, Ardoino said its bitcoin mining operations are an important part of securing…
The Daily: Polymarket reportedly nears $1 billion unicorn valuation, Ledger unveils ‘spare key’ recovery device for crypto wallets, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Saving Your Wallet Details, Seed Phrase as a Photo on Your Phone? This Trojan May Be Targeting You
Successor to SparkCat spyware spreads via official app stores, exfiltrates gallery photos using OCR to target seed ph…
The Daily: Blockchain project ousts CEO amid $50 million crypto OTC fraud allegations, Paradigm invests $15 million in ‘world’s fastest’ DEX, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
New York-based scammer gambles away nearly all of the $4 million he stole from Coinbase users: ZachXBT
As his gambling losses grew, Nieves allegedly stole from accomplices who helped pilfer over $4 million by posing as C…
Trezor issues phishing alert after attackers abuse support contact form to send scam emails
The firm said the issue has been contained and no email breach took place, adding that it is researching ways to prev…
Cointelegraph Hit by Front-End Exploit, Fake Phishing Airdrop Pop Up on Website
Fake CTG token pop-ups appeared on the crypto news website urging users to connect wallets.
CoinMarketCap Briefly Exploited With Wallet Phishing Pop-Up Message
The company has not disclosed how many users were affected or whether any wallets were compromised as a result of the…
Uniswap, Morpho and others collaborate on Web3SOC, a framework for determining a DeFi project’s ‘readiness for institutional partnerships’
The framework includes a "maturity tier" and self-assessment aiming to garner trust and set industry-wide operational…
The Daily: Tether CEO blasts cloud security after massive password leak, Kraken launches bitcoin ‘staking,’ and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
France hit by 10th crypto ‘wrench attack’ of 2025 as kidnappers target 23-year-old near Paris
The perpetrators reportedly forced the young man's partner to hand over a private key to a Ledger hardware wallet and…