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The Daily: Stream Finance external fund manager discloses $93 million loss, Sequans dumps nearly a third of its bitcoin holdings, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Olas Launches Pearl v1, the First 'AI Agent App Store'
The new platform lets users own and control autonomous artificial intelligence agents, aiming to shift power from cen…
‘Own power, get a $9.7B Microsoft deal’: Bernstein raises IREN price target to $125 following lucrative AI cloud contract
IREN's ownership of its 2.9 GW power portfolio gives it a cost and scalability advantage over rivals like CoreWeave, …
Stablecoin-enabled payments infrastructure platform Zynk raises $5 million from Coinbase Ventures and others
Zynk raised $5 million in a seed round led by Hivemind Capital, with participation from Coinbase Ventures, among others.
Analysts map $285M in potential exposure across DeFi after Stream Finance’s $93M loss
DeFi analysts claim there may be over $285 million in cross-protocol exposure tied to Stream Finance's $93 million loss.
US prosecutors seek five-year prison terms for Samourai Wallet founders
Prosecutors alleged that Rodriguez and Lonergan operated a service that helped launder at least $237 million in crimi…
Berachain distributes hard fork binary to address Balancer V2 exploit
Validators halted the network on Monday as the exploit on Balancer V2 exposed vulnerabilities in Berachain's native d…
Ripple’s crypto investments hit $4 billion with acquisition of wallet tech firm Palisade
The company has now racked up multiple acquisitions this year, including buying prime broker Hidden Road for $1.25 bi…
FTSE Russell taps Chainlink to bring Russell 1000 and other index data onchain
The tie-up will bring data for major global indices like the Russell 1000, Russell 2000, Russell 3000, and other FTSE…
The Daily: Balancer hit by $128 million exploit, Hong Kong opens global liquidity access for local crypto exchanges, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Cardano (ADA) Price Drops 5% Amid Trader Shorts, Hoskinson Blames Community for DeFi Struggles
Cardano (ADA) continued its downward slide on Monday, falling over 5% to trade around $0.57, extending last week’s …
Cipher Mining shares jump 33% on $5.5 billion AWS AI deal, new 1 GW Texas site
Cipher reported a net loss of $3 million for Q3, but also revealed a joint entity to develop a new 1 GW site in West …
Berachain halts network to conduct emergency hard fork amid $128 million Balancer exploit
Berachain has halted its network to perform an emergency hard fork after a Balancer exploit, with losses topping $128…
IREN shares surge nearly 30% as bitcoin miner inks $9.7 billion AI cloud deal with Microsoft
Under the five-year, $9.7 billion deal, IREN will provide Microsoft access to Nvidia GB300 GPUs, including a 20% prep…
DeFi protocol Balancer potentially exploited as onchain data shows millions in outflows
DeFi protocol Balancer appears to have been exploited, with over $70 million in ether derivatives moved out of its va…
Circle CEO Jeremy Allaire Calls Arc ‘an Economic OS for the internet’
In a recent CNBC interview, Jeremy Allaire outlined dollar-priced fees, fast finality, and privacy for Arc, while poi…
Tesla CEO Elon Musk Says X Chat's New P2P Encryption System Is Similar to Bitcoin's
The in-app Chat is in beta for Premium users with file sharing and media support, while a standalone X Chat app is sl…
The Daily: Standard Chartered sees major RWA growth on Ethereum, CZ challenges Sen. Warren, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
New York judge grants relief to Multichain liquidators, extending freeze on stolen USDC
The Singapore liquidators are seeking to recover assets stolen from Multichain, including $63 million worth of USDC.
Ethereum devs officially target Dec. 3 for Fusaka upgrade
The backwards-compatible Fusaka hard fork will implement about a dozen Ethereum Improvement Proposals.
Ethereum Developers Lock In Fusaka Upgrade for Dec. 3 With PeerDAS Rollout
The move kicks off the countdown to Ethereum’s second hard fork of 2025.
JPMorgan executes first fund-servicing transaction on its Kinexys blockchain
The Kinexys system uses smart contracts to automate capital calls and reduce manual fund processes, building on an ea…
JPMorgan Completes First Blockchain-Based Private Fund Transaction Amid Tokenization Push
Kinexys Fund Flow, developed by the bank's digital asset arm Kinexys, aims to streamline access to alternative funds.
Sam Altman-backed World’s ‘proof of human’ IDs coming to FIFA, NFL and Pudgy Penguins games
Mythical Games will leverage World's "proof of human" digital ID technology to distinguish real gamers from bots.
The Graph Builders, Edge & Node, Unveil “ampersend” Dashboard to Manage AI Agent Payments
The founding team behind The Graph debuts a new platform to unify payments, policies, and visibility for autonomous a…
Lombard Finance acquires BTC.b, Avalanche’s bridged bitcoin asset, from Ava Labs
With both BTC.b and LBTC, Lombard is the only platform offering both yield and non-yield bitcoin assets, founder Jaco…
Mythical Games Taps Sam Altman’s World to Keep Players Safe From Bots
As part of the partnership, Mythical will build Mythos Chain, the first layer-3 blockchain atop World Chain, the laye…
Social Engineering Scams Top Crypto Threats in 2025: WhiteBit
Technical wallet hacks, including phishing and malware, are the second most common threat, making up 33.7% of incidents.
MegaETH’s public token sale oversubscribed by 27.8x as auction officially closes
The team will begin refunding investors who bid under $0.0999 and confirmed that anyone who bid the max will be “re…
Elon Musk’s SpaceX moves another $31 million of its bitcoin stash to new wallet: Arkham
A total of 4,337 BTC ($471.6 million) has now been moved in October, likely to consolidate custody and upgrade from l…