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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…
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…
Bhutan Bets on Binance Pay to Power Crypto-Backed Tourism Economy
At the Digital Bhutan panel, co-hosted by Binance, officials laid out a clear vision: bring crypto out of theory and …
Ethereum Reclaims $2,500 In Squeeze-Driven Rally – But Can It Hold?
Ethereum (ETH) has recorded strong gains over the past two weeks, rising from $2,111 on June 12 to $2,515 on June 25,…
Bitcoin Binance Open Interest Shoots Up: Warning For BTC?
Data shows the Bitcoin Open Interest on the cryptocurrency exchange Binance has recently shot up. What could this mea…
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.
For Altcoin Whales Trading May be Easier on Bitget Than Binance, CoinGecko Research Finds
Bitget recently emerged as liquidity leader for top altcoins at smaller depth ranges, outpacing Binance and Coinbase,…
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…
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.
Hedge Fund Veterans Plan $100M BNB Treasury Bet
The move comes amid a growing trend of corporations adopting bitcoin and other cryptocurrencies as treasury reserve a…
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.
Bitcoin May Surprise Bears: $100K–$110K Range Shows Rising Short Interest
While Bitcoin (BTC) has remained range-bound – trading between $100,000 and $110,000 for about a month – both sho…
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.
‘Time to ditch the cloud’: Tether CEO teases open-source local password manager after massive online data leak
USDT issuer Tether's CEO Paolo Ardoino said its new open-source, fully local password managing service will be launch…
Project Eleven Raises $6M to Defend Bitcoin From the Coming Quantum Threat
Project Eleven is also offering 1 BTC to the first team to break an elliptic curve cryptographic key using a quantum …
Solana Policy Institute, Phantom, Orca, and Superstate submit ‘compliant tokenized securities’ frameworks to SEC
The frameworks propose bringing assets like stocks, bonds, and funds onchain as well as carve outs for autonomous, no…
Tether Enforces Freeze On $12 Million In Tron Funds Over Illicit Activity
Tether acted swiftly Sunday when it froze $12.3 million worth of USDT on the Tron blockchain. Based on reports from T…
Bitcoin Whales Pull 4,500 BTC From Binance, Hinting At Incoming Rally
Recent on-chain data suggests that Bitcoin (BTC) whales may be preparing for a potential rally, as Binance BTC withdr…
Can Tether's Dominance Survive the U.S. Stablecoin Bill?
Some uncertainties remain around the GENIUS Act that could establish U.S. stablecoin rules, and theories abound about…
Meta Pool, a Liquid Staking Protocol, Suffers $27M Exploit
The hacker could only swap $25,000 worth of the token due to low liquidity.
JPMorgan files trademark application for JPMD, citing multiple blockchain use cases
The bank has been an early mover in both the permissioned blockchain and bespoke stablecoin space with is freshly reb…
The Daily: GameStop upsizes offering to $2.25 billion amid bitcoin treasury push, Walmart and Amazon weigh issuing stablecoins, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Stablecoins To Hit $2 Trillion? US Treasury Hints At Explosive Growth
US Treasury Secretary Scott Bessent told lawmakers that dollar-pegged stablecoins could swell to more than $2 trillio…