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Superapp merger talks to route 30M shoppers to Upbit sparking fee collapse
Naver Financial, the fintech arm of South Korea’s largest search engine, is weighing a potential share-swap agreeme…
SBF shares his contact details as FTX investors targeted with another scam
Creditors of the collapsed crypto exchange FTX are facing another round of fraud, this time through a fake airdrop sc…
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…
FTX Trust sues bitcoin miner Genesis Digital, seeks $1.15 billion over ‘reckless’ Sam Bankman-Fried investment
The FTX Recovery Trust sued Genesis Digital Assets Limited after they said the former FTX CEO used commingled funds t…
FTX Recovery Trust sues Genesis Digital to recover $1.15B in allegedly fraudulent transfers
FTX Recovery Trust sued Bitcoin mining company Genesis Digital Assets, seeking to recover $1.15 billion in allegedly …
Binance co-founder Changpeng Zhao refutes claim YZi Labs will take on outside capital
“YZiLabs is not raising [an] external fund,” Zhao wrote, adding that “YZiLabs, since rebranding, has not sought…
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…
CZ-linked YZi Labs mulls opening to outside investors: FT
The firm has reportedly received significant interest from outside investors and may eventually become an externally …
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…
Crypto.com’s Cronos token dips 10% amid CEO denial of undisclosed cyberattack allegations
Crypto.com chief executive Kris Marszalek has rejected claims that the exchange failed to disclose a 2023 security in…
B HODL lists in UK after raising $20 million to launch bitcoin treasury strategy
The newly-launched firm is backed by UK bitcoin exchange CoinCorner, with investors including Blockstream CEO Adam Back.
Previously unreported attack on Crypto.com leaked users’ personal data: Bloomberg
A teenage hacker and his accomplice gained access to a Crypto.com employee's account in a previously unreported breach.
BitGo files S-1 form for IPO, revealing $3B revenue in 2024
BitGo published its S-1 registration statement on Sept. 19, confirming plans for an initial public offering while rev…
FTX creditors set to receive $1.6B in third distribution round on Sept. 30
FTX creditors will receive $1.6 billion on Sept. 30 in the third major distribution since the exchange’s 2022 colla…
FTX to pay out additional $1.6 billion to creditors in third distribution
FTX will disburse an additional $1.6 billion to creditors beginning Sept. 30 as part of the bankruptcy estate’s thi…
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 …
IG Group expands crypto footprint with acquisition of Australian exchange in potential $117 million deal
The firm will acquire an initial 70% stake, set for completion in 2026, and has a call option to buy the remaining 30…
NBA star Kevin Durant’s forgotten Bitcoin becomes a slam dunk investment
NBA star Kevin Durant has been unable to access a Bitcoin stash he bought nearly a decade ago, but his agent says the…
Sen. Warren and colleagues press for information into Trump admin’s meetings with Binance
In a letter sent to AG Pam Bondi on Thursday, Senators argue the DOJ and Treasury Department did not adequately reply…
JPMorgan says Circle faces ‘intense’ competition from Tether, Hyperliquid and fintech rivals
The emerging competition is likely to be a “zero-sum game" for U.S. issuers, unless the overall crypto market expan…
Elizabeth Warren probes Justice Department over Binance 2023 settlement terms
Senator Elizabeth Warren pressed Attorney General Pam Bondi for details on whether Binance complies with its 2023 set…
PayPal’s PYUSD stablecoin expands to Tron, Avalanche, Sei and other blockchains via LayerZero
The LayerZero-enabled version, PYUSD0, remains “fully fungible” with native PYUSD, extending the stablecoin to ad…
The Daily: DOGE and XRP ETFs go live, SEC approves new generic listing standards, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Coinbase and Robinhood among the ‘best positioned’ to benefit from interest rate cut: Mizuho
Bank processors and exchanges are among the fintech firms best positioned to benefit from rate cuts, according to Miz…
Coinbase now lets users lend USDC onchain with current yields up to 10.8%
The service is powered by Morpho with allocations managed through onchain vaults curated by Steakhouse Financial on B…
Kraken to host token sales through Legion on its new Launch platform
Crypto exchange Kraken has partnered with ICO platform Legion to host MiCA-compliant token sales on its new Launch pl…
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…
Gemini’s Wall Street debut loses shine as crypto stock slides below IPO price
Gemini Space Station's stock initially rallied when it went public on Sept. 12 but has since reversed course.
Bullish posts $108 million net income in first quarterly report after IPO
The company reported net income in the second quarter, reversing a net loss of $116.4 million in the same period last…