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Ondo Finance urges more transparency before Nasdaq’s tokenization proposal moves forward
Ondo Finance is pushing back against Nasdaq's proposal to support tokenized stocks and exchange-traded funds.
Tether open-sources wallet kit for humans and AI agents on Bitcoin, Ethereum, and beyond
Tether's open-source wallet toolkit supports multiple blockchains, from Bitcoin and Lightning to Solana and TON.
Bitcoin miners just moved $5.6B to exchanges under AI escape plan
Bitcoin miners are running out of room to breathe. In the wake of a $19 billion market rout, operators have begun mov…
The Daily: Ripple CEO says US won’t return to hostile Gensler era crypto climate, Paxos mistakenly mints 300 trillion PayPal USD on Ethereum, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
OKX expands custody partnership with Standard Chartered into Europe, letting clients trade while keeping assets off exchange
The model allows institutional clients to trade on OKX while maintaining custody of their assets with Standard Charte…
Kraken buys Small Exchange for $100 million to launch US derivatives trading platform
With the Small Exchange acquisition as the base, Kraken aims to establish a fully US-based derivatives trading platform.
Binance completes Gopax acquisition, paving way for South Korea comeback: report
Binance had become Gopax's largest shareholder in 2023 but full acquisition has been delayed for over two years by au…
The Daily: BlackRock, Nvidia, Microsoft and Musk’s xAI strike $40B data-center deal, Binance drama, SBF and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Coinbase adds BNB to listing roadmap amid industry spat over listing fees
The move marks the first time Coinbase signaled support for Binance’s flagship BNB token, coming amid scrutiny over…
Binance fires back at ‘fudders’ for pouncing on claims of over $20 billion in weekly outflows
For the second time this week Binance has publicly defended itself after data showing it had seen over $20 billion in…
Kraken-incubated Ethereum L2 Ink rolls out Tydro, a white-label instance of Aave v3 that supports the INK token
Tydro will serve as “core infrastructure for DeFi on Ink" and could be integrated into Kraken's core exchange product.
Superstate to launch native tokenized stocks on crypto exchange Backpack
Superstate has partnered with Backpack, claiming to bring natively tokenized public equities to centralized trading f…
Bitwise CIO Matt Hougan says crypto flash crash was a blip, not a structural shift
"I expect the market will catch its breath and renew its attention on crypto's fundamentals," Hougan said.
Privy experiences ‘partial outage’ as Monad opens much-anticipated MON token airdrop claim window
On Tuesday morning, The Monad Foundation opened a MON token airdrop claims portal using the popular web3 wallet for a…
Is the Korean Kimchi Premium still front-running Bitcoin price?
For almost as long as Bitcoin has been trading, Korea’s “kimchi premium” has been one of the market’s favorit…
Circle taps Safe as ‘premier institutional storage solution’ for USDC stablecoin
The tie-up will help position “USDC at the core of the Safe ecosystem,” making it “a home for institutional sta…
Bernstein projects USDC stablecoin supply to triple by end of 2027, capturing one-third of market
Circle's regulatory compliance, liquidity head start, and partnerships with Coinbase and Binance are among the cataly…
$2B Ethena USDe depeg exposes cracks in crypto’s ‘synthetic dollar’ system
Ethena’s synthetic dollar, USDe, shed over $2 billion in market capitalization after briefly losing its dollar peg …
Binance closer to South Korea re-entry as FIU reopens Gopax acquisition review: report
South Korean authorities have resumed their review of Binance's acquisition of local exchange Gopax, which was stalle…
Crypto crime research group SEAL Org unveils new way to report potential phishing sites
SEAL's Verifiable Phishing Reporter uses a cryptographic scheme designed by the team that proves whitehat hackers see…
Tornado Cash users can now maintain anonymity without ‘helping the hackers’ by using new 0xbow blacklist
0xBow, the team behind Privacy Pools, is launching a new tool that will allow Tornado Cash users to dissociate funds …
XRP’s beta to Bitcoin spikes 2.5x after $19B liquidation flush
XRP fell about 15 percent intraday on Friday during the tariff scare tied to White House remarks, then recovered abou…
The Daily: Binance pays $283 million in compensation following Friday’s depegs, bitcoin recovers above $114,000 as crypto market stabilizes after historic wipeout, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Ripple and Immunefi launch ‘Attackathon’ aimed at securing proposed XRPL lending protocol
The protocol is expected to go to a validator vote later this year, introducing pooled lending and underwritten credi…
Hyperliquid founder criticizes CEXs for underreporting liquidation data after market wipeout
Jeff Yan, co-founder of Hyperliquid, said that some centralized exchanges may have underreported liquidation data by …
Binance to pay $283M compensation for market chaos as BNB reaches new $1.3k ATH
BNB, the native token of Binance’s ecosystem, climbed to a record high of $1,355 following a turbulent weekend that…
Crypto.com CEO urges regulators to probe exchanges with the most liquidations
Crypto.com CEO Kris Marszalek urged regulators to investigate exchanges that saw the most liquidations during the lar…
Binance pays $283 million in compensation following Friday’s depegs, covering user losses
The exchange also batted away claims that a targeted attack on Binance led to the broader asset crash, arguing the de…
Binance to compensate some users after several markets depeg: ‘There are no excuses’
Losses due to price movements and unrealized profits are not entitled to compensation, according to Binance executives.
Total crypto market cap tanks over 9% following Trump’s latest round of retaliatory tariffs on China
The crypto market capitalization shed at least $125 billion when Trump first threatened countermeasures earlier on Fr…