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Bernstein raises IREN price target, sees 80% upside on ‘exponential’ AI cloud scaling as stock hits fresh all-time high
IREN's AI cloud buildout could deliver $500 million in annual revenue by early 2026, according to analysts at Bernstein.
Flare Network launches FXRP to let XRP be used in DeFi apps
Flare Network has launched FXRP, a wrapped version of XRP that can now be used in decentralized finance (DeFi) applic…
Cloudflare and Coinbase launch x402 Foundation to drive agent payments
Cloudflare and Coinbase are launching the x402 Foundation to promote adoption of the x402 protocol, a framework for a…
Raiku raises $13.5 million to bring ‘guaranteed’ transactions on Solana
Raiku has raised $13.5 million across seed and pre-seed rounds from investors including Pantera Capital, Jump Crypto,…
Rebranded Aster perps DEX squares up against Hyperliquid following CZ endorsement
ASTER is valued at over $15 billion following an initial fully diluted valuation (FDV) of $560 million at during its …
Vitalik Buterin defends Base’s decentralization, says Layer 2 network ‘cannot steal funds’
Buterin's remarks follow Coinbase executives' pushback against claims that Base's sequencer makes it operate like a c…
Crypto hacker falls victim to own scam losing $50 million to Inferno Drainer’s phishing attack
The hacker who drained UXLINK in a high-profile exploit has ironically become a victim of crypto crime himself. On Se…
Base wins Vitalik Buterin praise as 160 TPS sparks an L2 arms race toward $20B territory
Ethereum co-founder Vitalik Buterin has offered rare public praise for Coinbase’s Base network, describing it as a …
UXLINK suffers exploit as hacker seizes admin rights to mint tokens and drain millions
UXLINK identified a security breach involving its multi-signature wallet, resulting in crypto being illicitly transfe…
Rainbow plans to launch RNBW token for non-custodial crypto wallet in Q4
On Monday, Rainbow said it plans to introduce a native RNBW token into its non-custodial crypto wallet by the end of …
The Daily: Crypto sees over $1B in liquidations in under an hour, mXRP launches with up to 8% yield, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Largest Solana treasury Forward Industries to tokenize stock using Superstate’s Opening Bell
Multicoin Capital, alongside Galaxy Digital and Jump Crypto, led a $1.65 billion private placement in Forward in earl…
Midas and Axelar launch mXRP, a tokenized XRP product, targeting up to 8% base yield
Midas, in partnership with Axelar, has launched mXRP, a tokenized XRP product currently targeting a base yield of up …
XRP Holders Can Now Earn Up to 8% Through New Liquid Staking Token
The introduction highlights a push to tie the XRP ledger into cross-chain liquidity flows, with returns projected at …
Internet Computer Bets Big on AI as Crypto Markets Play Catch-Up
This could be the beginning of a new tech stack — one in which AI, not humans, becomes the primary developer of app…
Solana’s Yakovenko Says Bitcoin Must Upgrade to Survive Quantum Threat by 2030
Other experts in the crypto community, such as Adam Back and Peter Todd, are less convinced of the near-term threat.
Crypto scammers allegedly tried to bribe X employees for account reinstatement
X discovered a "bribery network" of users who have allegedly been "involved in crypto scams" and paid middlemen to at…
CZ’s family office YZi Labs ‘deepens’ support of Ethena Labs, weeks after Binance adds USDe integrations
The move comes as Ethena looks to “expand its presence” on BNB Chain, including supporting new money markets and …
ZKsync-based hybrid DEX GRVT raises $19 million Series A
The round was co-led by GRVT’s tech partner ZKsync and Further Ventures, an investment firm backed by Abu Dhabi's s…
Crypto whale loses $6M to sneaky phishing scheme targeting staked Ethereum
A crypto whale lost more than $6 million in staked Ethereum (stETH) and Aave-wrapped Bitcoin (aEthWBTC) after approvi…
Plasma to Launch Mainnet Beta Blockchain for Stablecoins Next Week
The team claims that the network will debut with more than $2 billion in stablecoin liquidity.
From Fed rate cuts to Taylor Swift pregnancy bets: Bernstein says crypto, AI and news are converging on prediction markets
Prediction markets are entering the mainstream as blockchain rails, AI analysis, and news feeds collide, according to…
The Daily: OG bitcoin whale’s 1,000 BTC move, XRP treasury firm’s 65% discount, Forward Industries’ $4B ATM for SOL, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The Protocol: ETH Exit Queue Gridlocks As Validators Pile Up
Also: DeFi’s Future on Ethereum, EF Creates dAI team, and Amex Blockchain-Based Travel Stamps.
Circle launches USDC natively on Hyperliquid
The move comes shortly after Native Markets was tapped to issue a Hyperliquid-aligned and compliant USD stablecoin, U…
Ethereum Faces Validator Bottleneck With 2.5M ETH Awaiting Exit
The backlog pushed exit wait times to more than 46 days on Monday, the longest in Ethereum’s short staking history,…
The Daily: Google’s stablecoin payments for AI agents, Bitwise’s ‘spectacular’ end-of-year rally call, CleanCore’s 100M DOGE buy, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Solana Veteran Joins Ava Labs to Spearhead Avalanche Growth
Prior to Ava Labs, Arielle Pennington was the head of communications at the Solana Foundation since April 2023.
Google launches AI agent-to-agent payments protocol with stablecoin support
Google debuts an open agent-to-agent payments protocol with stablecoin support, developed with Coinbase and over 60 o…