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SEC clears Trump Media filing, opening door to multi-billion-dollar Bitcoin buy
The firm has not said how much of the $2.3 billion in capital it raised from around 50 institutional investors will g…
Charles Hoskinson proposes $100 million ADA investment to boost Cardano DeFi ecosystem
The foundation could buy assets including Bitcoin as well as Cardano-native stablecoins like USDM, USDA and IUSD.
The Daily: GameStop upsizes offering to $2.25 billion amid bitcoin treasury push, Walmart and Amazon weigh issuing stablecoins, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
SEC adds officials with crypto experience as part of leadership overhaul
The SEC annoucned a slew of new hires on Friday morning, with Jamie Selway and Brian Daly bringing a crypto backgroun…
Cardano considers offloading $100M ADA to jumpstart lagging DeFi and stablecoin ecosystem
The Cardano ecosystem could soon undergo a strategic treasury shift to energize its DeFi and stablecoin sectors. On J…
SEC pulls back from crypto rules proposed under Gary Gensler administration
The US Securities and Exchange Commission (SEC) is rolling back 14 proposed rules, including key measures that once t…
a16z crypto leads $33 million seed round for Yupp as it exits stealth to build crypto-incentivized AI model evaluation platform
Yupp is a free platform that allows users to compare answers from multiple AI models, using crypto rails for rewards …
Coinbase sees bullish crypto outlook for 2025, but flags ‘systemic risks’ from leveraged corporate bitcoin bets
Meanwhile, U.S. regulatory momentum is building, with stablecoin legislation advancing and a market structure bill in…
Meta’s stablecoin plans face scrutiny from US Senators Warren and Blumenthal
Two US Democratic Senators are demanding answers from Meta CEO Mark Zuckerberg over reports that the social media gia…
The Daily: GameStop sinks 25% on $1.75 billion raise tied to bitcoin play, Bessent sees US stablecoin market topping $2 trillion, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Democratic senators Warren and Blumenthal push back against Meta’s renewed stablecoin ambitions
Facebook's earlier Libra project collapsed under regulatory pressure, but a slew of Big Tech firms are now exploring …
US stablecoin market could exceed $2 trillion projection by end of 2028, thinks Treasury Secretary Bessent
Bessent said at a Senate hearing that the U.S. dollar stablecoin market will surpass $2 trillion with legislative sup…
Former Ethereum Foundation researcher Péter Szilágyi says he rejected $5 million to spin out Geth Ethereum client
Szilágyi also claims the EF, which has been undergoing a shift in leadership and focus, also funded a rival Geth dev…
The Daily: XRP Ledger set to launch Ethereum-compatible sidechain, Stripe doubles down on crypto acquisitions, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Strategy’s rising holdings risk making bitcoin ‘inappropriate’ for central bank reserves, Sygnum warns
These strategies distort liquidity and sentiment, posing long-term risks to bitcoin's stability and adoption, the dig…
Bitcoin traders stay cautious amid ‘disbelief’ near all-time highs while leveraged Ethereum bets surge, analysts say
With macro jitters rising ahead of today's CPI data, that caution might be the setup for the next breakout, according…
Polygon co-founder Sandeep Nailwal steps up as Polygon Foundation CEO, unveils strategic shift in priorities
Nailwal announced plans to double down on Polygon's Agglayer and PoS networks and the deprecation of Polygon zkEVM.
Circle’s IPO underscores need for a diversified crypto portfolio, says Bitwise CIO
Circle's IPO highlights the value of holding both crypto assets and crypto-related equities, according to Bitwise CIO…
XRP Ledger devs plan sidechain launch in Q2 for Ethereum compatibility
XRP Ledger plans to launch an EVM sidechain in the second quarter of this year to gain Ethereum compatibility.
U.K. Regulator Names Sarah Pritchard as Deputy CEO to Help Oversee Crypto, Stablecoins
Pritchard's elevation is a sign of the FCA's focus on developing a comprehensive regulatory environment for the indus…
Trump-backed American Bitcoin mining firm acquires first $23 million worth of BTC
American Bitcoin, the newly launched Bitcoin mining company backed by Eric Trump and Donald Trump Jr., purchased 215 …
The Daily: Ethereum’s critical inflection point, Strategy’s $110 million bitcoin buy, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Paraguay president’s X account appears compromised with claim country makes Bitcoin legal tender
President Santiago Peña's social media post also linked to a Bitcoin address and encouraged citizens to "invest."
Strategy’s Michael Saylor calls quantum computing threats to Bitcoin a marketing myth
Michael Saylor, chairman of Strategy and a long-time Bitcoin advocate, has dismissed concerns that quantum computing …
Strategy buys extra 1,045 bitcoin for $110.2 million as total holdings reach 582,000 BTC
The company's holdings now total around 2.8% of the total 21 million bitcoin supply — worth over $62 billion.
Ethereum is hitting a critical inflection point, Bernstein says, as crypto shifts from speculation to real financial innovation
Mainstream interest is broadening beyond Bitcoin's "store of value" use case toward blockchain-based financial innova…
Argentine Anti-Corruption Office clears President Milei of ethics violation over LIBRA promotion
Argentina’s Anti-Corruption Office has determined that President Javier Milei did not violate any ethics laws when …
Bitcoin community is divided over Core devs’ statement on transaction relay
A debate has erupted among the Bitcoin community over a joint statement released by 31 Bitcoin Core developers on Jun…
The ‘Bitcoin Family’ has split and hidden seed phrase across 4 continents amid rising kidnappings
The ‘Bitcoin Family’ has completely overhauled its security measures amid rising cases of crypto-related kidnappi…
Coinbase CEO says unnecessary account restrictions has reduced by 82%
Brian Armstrong, CEO of Coinbase, said in an X post on Friday that the platform has reduced the issue of unnecessary …