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OpenSea unveils first NFT reserve by pledging $1 million to digital art, teases SEA token update
OpenSea will "start sweeping millions in tokens and NFTs into a massive prize vault" using 50% of all platform fees b…
Bernstein confident Circle sustains growth, unconcerned by Hyperliquid stablecoin
The analysts specifically addressed concerns of whether an eventual Hyperliquid stablecoin could significantly impact…
Benchmark initiates ‘buy’ rating for beleaguered crypto infra company Bakkt, citing strategic pivot
Analyst Mark Palmer initiated a “buy” rating for BKKT, arguing the company is due for “a fresh start,” accord…
Global crypto investment products shed $352 million in weekly outflows despite improved Fed rate cut prospects: CoinShares
Weaker payroll figures and improving U.S. rate cut prospects failed to bolster sentiment, Head of Research James Butt…
Nasdaq seeks SEC nod to trade tokenized securities alongside traditional stocks
Nasdaq filed a rule change to allow tokenized versions of listed stocks and ETFs to trade on the order book used by t…
Grayscale seeks SEC approval to launch spot Chainlink ETF in the US
Grayscale, which already manages spot Bitcoin and Ethereum ETFs, has also filed to launch Avalanche, Dogecoin, Liteco…
Trump-backed Thumzup eyes 3,500 Dogecoin mining rigs with pending acquisition
Thumzup also said it is expanding its crypto treasury to include Dogecoin, Litecoin, Solana, XRP, ether and USDC.
World Liberty blacklists Justin Sun wallet after Tron founder moves $9 million in WLFI tokens
The crypto billionaire bought $75 million worth of WLFI tokens and was named an advisor to the DeFi project.
Trump-backed Bitcoin company soars in Nasdaq debut as president’s sons expand crypto fortunes
With their pivot to crypto, Eric and Donald Trump Jr. have managed to significantly expand their public profiles as e…
The Daily: Coinbase unveils index tied to Mag7, Ondo rolls out tokenized US stocks on Ethereum, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Electric Capital, Paradigm lead $40 million investment into institutional Ethereum advocacy group Etherealize
Etherealize is an institution-focused advocacy and development group led by former EF developer Danny Ryan and Wall S…
Neglected macro catalysts could trigger bitcoin downside squeeze below $100,000 in September, K33 warns
September has historically been bitcoin's weakest month, with fresh macro risks threatening a downside squeeze, accor…
Solowin Closes $350M AlloyX Deal to Expand Stablecoin Infrastructure in Emerging Markets
The all-stock deal integrates AlloyX's technology, including a stablecoin application platform and RWA tokenization t…
Utila ‘triples’ valuation with $22 million Series A extension round as stablecoin infrastructure demand surges
The crypto infrastructure provider focused on stablecoins said it's nearly tripled its valuation in six months.
Galaxy Digital to tokenize its SEC-registered shares on Solana in key RWA move
Superstate unveiled Opening Bell this past May to bring SEC-registered equities onchain, starting with Solana.
Venus Protocol Restores Services, Recovers Stolen Funds After $27M Exploit
The DeFi lender paused withdrawals and liquidations after a malicious contract update drained tens of millions.
Bug in Paradigm’s Reth client briefly disrupts multiple Ethereum nodes
Paradigm CTO Konstantopoulos shared a set of commands to recover nodes, but the root cause of the bug is yet to be id…
SEC and CFTC’s new joint guidance ‘opens the door for even more’ mainstream crypto adoption
This initiative builds on the recommendations of the President's Working Group on Digital Asset Markets report.
Coinbase launches futures trading for index that includes Nvidia and BlackRock’s Bitcoin ETF
Mag7 + Crypto Equity Index Futures, allows people to trade an index combining top tech stocks with BlackRock's Bitcoi…
Bitget to upgrade BGB on Morph blockchain as native gas and governance token
Bitget’s BGB spiked around 15% after the exchange said it will upgrade BGB into Morph’s native gas and governance…
Ethereum Layer 2 Starknet resumes block production after network outage
Block production has resumed on Ethereum Layer 2 Starknet and most RPC providers are operational and nodes are being …
Bunni DEX Halts Smart Contracts After Exploit Drains $8.4M Across Chains
The exploit targeted BunniHub, the protocol's main contract system, and the funds have been traced to two Ethereum wa…
Crypto investment products see $2.5 billion in weekly inflows as Ethereum continues to outpace Bitcoin: CoinShares
Ethereum-based funds led the inflows with another $1.4 billion, while Bitcoin investment products added $748 million.
Given Trump’s Pro-Crypto Stance, Is it Time to Fully Ditch Gold in Favor of Bitcoin?
Bitwise’s André Dragosch argues gold still protects against stock sell-offs while bitcoin hedges bond stress — r…
The Daily: Eric Trump stands by $1 million BTC price call, Ethereum monthly onchain volume hits highest level since 2021, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Ethereum Foundation pauses grants programs as it looks to cut burn rate
The Ethereum Foundation is pausing its grants programs, initially launched in 2018, as it rethinks its spending strat…
Ethereum Foundation aims to make Layer 2s feel like one chain with interoperability framework
The Ethereum Foundation unveiled “Protocol Update 003,” a UX-focused roadmap that standardizes cross-chain intera…
IREN on track to $1 billion in annualized bitcoin mining revenue
The company, formerly known as Iris Energy, posted revenue of $187.3 million, net income of $176.9 million, and EBITD…