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U.S. Senate Hearing on Crypto Taxes Reveals Headaches for Both Industry and IRS
A top Coinbase tax executive suggested the IRS isn't ready for the flood of tax reporting about to come in, even as m…
Canton Network Activity Surges as Exchanges Join Validators: Copper Research
The institutional blockchain has reached more than 500K daily transactions, with major banks and U.S. crypto exchange…
Coinbase tops $1 billion in bitcoin-backed onchain loans via Morpho
Coinbase CEO Brian Armstrong said the crypto exchange's next goal is to achieve $100 billion in onchain borrow origin…
Coinbase’s Bitcoin-Backed Loans Surpass $1B as Exchange Prepares to Lift Borrowing Cap
The crypto exchange said it plans to raise its borrowing cap from $1 million to $5 million.
Visa pilots stablecoin payments for businesses sending money abroad
Visa launched a pilot to test stablecoins for cross-border payments, providing businesses a new way to transfer money…
XRP Short Squeeze: Analyst Reveals Available Trading Supply Could Fall To Bitcoin’s 21 Million
Ripple’s XRP might be trending towards a short squeeze as new analysis suggested its available trading supply could…
Binance offers turn-key ‘crypto-as-a-service’ solution for trad institutions looking to offer trading, custody, compliance services
Crypto-as-a-Service taps the exchange's backend for bespoke spot and futures trading, liquidity, and settlement featu…
Did a DEX just beat Tether on daily revenue? Inside Aster’s $185B week
Aster, the decentralized perpetuals exchange with backing from Binance founder Changpeng Zhao, generated more revenue…
Ethereum Supply On Exchanges Shrinks: Multi-Year Lows Signal Bullish Setup
As Ethereum (ETH) fell below $4,000 for the first time since August 8, amid a market-wide pullback, the exchange rese…
The Daily: Cloudflare joins stablecoin race with NET Dollar plans, US Senate sets hearing on crypto taxation, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Castle Island Ventures leads $2.8 million pre-seed round for liquid staking startup RockSolid
Blockchain Builders Fund, GSR, Kindred Ventures, Rocket Pool, and the Stanford Blockchain Accelerator, are among the …
Bitcoin Funding Dynamics Shift As Binance Premium Signals Aggressive Longs
As Bitcoin (BTC) continues to remain range-bound between $110,000 – $115,000, data from crypto exchanges seems divi…
Crypto tollbooth now gates AI bots crawling 20% of the internet under x402
Coinbase and Cloudflare have created the x402 Foundation, an industry group that will build an open standard for mach…
Coinbase, Sony and Samsung Back $14.6M Round for Stablecoin Startup Bastion
The firm white-label stablecoin systems, enabling companies to issue digital dollars without coding or their own regu…
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…
Ex-Binance CEO CZ Criticizes FT Report On YZi Labs, Calls It A ‘Negative Narrative’
Former Binance CEO Changpeng Zhao, commonly known as CZ, has found himself at the epicenter of a new controversy foll…
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…
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 …
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 …
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…
Solana Faces Deadly Selling Pressure After 312,233 SOL Deposit Into Coinbase – Here’s The Value
Solana (SOL) investors are witnessing rising volatility as a surge in whale activity signals deadly selling pressure …
Why Arthur Hayes sold $5.1 million HYPE tokens because of $12B Hyperliquid concern
Arthur Hayes, chief investment officer at Maelstrom and co-founder of BitMEX, sold 96,600 Hyperliquid (HYPE) tokens f…
Crypto Stocks Tumble in Pre-Market Trading as Bitcoin Dives to $112K
Crypto stocks tumbled in pre-market trading as bitcoin and ether extended heavy overnight losses, fueling $1.6 billio…
Binance’s Changpeng Zhao changes his tune on memecoins after Giggle token floods academy with $2.4M
Binance founder Changpeng Zhao has shifted his view on memecoins after his new education initiative, Giggle Academy, …
Coinbase CEO: 'We Want to Become a Super App and Provide All Types of Financial Services'
Brian Armstrong told Fox Business that Coinbase aims to be users’ primary financial account while addressing U.S. c…
Shiba Inu Joins The Ranks Of Dogecoin, XRP On Coinbase ETF Watchlist – The Next Big Thing?
Shiba Inu is now entering the same space as some of the largest cryptocurrencies when it comes to discussing exchange…
Kevin Durant Recovers Bitcoin Bought at $650, Now Up Over 17,700%, After Nearly a Decade
The episode comes amid growing frustration among Coinbase users, many of whom alleged they’ve faced similar issues …
Pundit Predicts XRP Price Crash Below $3, Here’s Why
Crypto pundit and legal expert Bill Morgan has humorously predicted that the XRP price will drop below $3. He ironica…
Bitcoin Exchange Supply Ratio Declines After Fed Cut, Setting Stage For $120,000 Test
Earlier this week, the US Federal Reserve (Fed) cut interest rates by 25 basis points, providing the much-required im…