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Unable to recover from roughly $50 million hack, Radiant Capital is winding down
Radiant Capital said it hasn't been able to recover a meaningful amount of funds or raise new capital since the 2024 …
Bitcoin miners’ real prize is power as AI reshapes mining
Bitcoin miners spent years racing to secure cheap electricity, and that electricity has since become more valuable th…
Hyperliquid-based prop trading platform Hypernova raises $3 million in pre-seed funding
Hyperliquid-based prop trading platform Hypernova says it offers "instant payouts" and plans to publicly launch withi…
Hut 8 AI landlord data center strategy turns Bitcoin collateral into bridge capital
The miner's $16.8 billion lease base shows how power and BTC-backed debt are financing a move beyond mining. The post…
Aztec Labs acquires ZKPassport, pledges to keep privacy protocol and iOS mobile app open-source
The Obsidion team, including co-founders Michael Elliot and Theo Madzou, will join Aztec Labs to continue developing …
TeraWulf jumps 13% on AI data center expansion in Kentucky
The bitcoin miner turned HPC infrastructure developer unveiled plans for a new 1 gigawatt facility in Kentucky aimed …
Brazilian gang raid reveals a new crypto-crime model: turning stolen power into digital money
Rio de Janeiro Civil Police launched an operation targeting a Comando Vermelho operational nucleus and found a crypto…
Ripple, North Island Ventures back $6 million round for cross-chain platform Squid
Squid is preparing to launch a new consumer product aimed at making it easier to access and manage crypto assets, Fig…
IREN co-founder says AI’s biggest bottleneck is infrastructure, not chips
Dan Roberts outlines IREN’s strategy to build a vertically integrated AI platform spanning power, data centers, GPU…
Canaan earnings show Q1 revenue collapse as record BTC and ETH treasury nears $148M
Falling product revenue and lower guidance leave the ASIC maker's growing crypto balance harder to treat as backgroun…
‘No longer a distant place’: F2Pool Co-founder Chun Wang joins SpaceX’s 2-year mission to Mars
Wang will board Starship on a two-year mission that will explore outside the Earth-Moon system and conduct a fly-by o…
Ethereum Layer 2 Zero Network to wind down, joining string of protocols shuttering operations
Resources will be redirected to focus on growing Zerion's API and wallet service, the team said in a Thursday statement.
CLEAR token tanks 48% as Everclear winds down protocol, foundation and labs unit
Everclear achieved $500 million in monthly volume, but "never developed the commercial depth," the team said on Thurs…
84% of BTC hashrate secured Bitcoin DeFi in Q1, but miners saw little fee upside
The 84.01% figure strengthens the BTCFi security case, but miner revenue and usage remain unresolved. The post 84% of…
MoonPay announces fourth acquisition of the year with Decent, as it launches MoonPay Trade
This Decent deal comes on a wave of acquisitions by MoonPay, including DFlow and Sodot, which all support MoonPay Trade.
Cosmos co-founder’s new multilateral clearing startup Cycles raises $6.4 million
The round, led by Blockchange Ventures, with support from Coinbase Ventures, among others, brings Cycle's total fundi…
Syndicate Labs to wind down operations after five years, citing rollup market slump
Syndicate Labs said that the $330,000 exploit last month is unrelated to the decision to wind down operations.
Kik founder’s latest app Flipcash first to tap Coinbase’s stablecoin-as-a-service platform
Coinbase rolled out its Custom Stablecoin platform in late 2025 to enable companies to launch branded stablecoins.
South Carolina Governor signs pro-crypto, anti-CBDC bill into law
The new legislation bans state entities from accepting or requiring payments in CBDC, and offers strong support for c…
Deloitte absorbs Blocknative team as crypto infra firm winds down APIs and Gas Network
The Blocknative website now returns a post noting that the firm is “now in the process of ceasing operations."
Stablecoin infrastructure startup Checker raises $8 million from Galaxy Ventures and others
Stablecoin infrastructure startup Checker has raised $8 million in funding from a range of investors including Galaxy…
Wintermute enters DeFi vault space with Armitage, supporting ‘collateral types that other curators cannot’
Vault curators allow institutions to take a hands-off approach to crypto by allocating capital along pre-set risk par…
XRP Alliance debuts as Flare, D’CENT link hardware wallets to XRP yield vaults
Flare and D'CENT launched an integration connecting hardware wallets to XRP yield vaults, with no new chain, wallet, …
Zerohash secures first EMI license under MiCA for stablecoin and brokerage services in Europe
Zerohash Europe is the first firm licensed under Europe’s flagship MiCA crypto regulation to also hold full EMI sta…
US crypto ATM operator Bitcoin Depot files for Chapter 11 to wind down business
Bitcoin Depot said changing regulatory environments have made it difficult to continue its current business model.
The Funding: As SpaceX’s listing nears, are pre-IPO perps crypto’s next big market?
Pre-IPO perpetual futures just had their proof of concept moment with the Cerebras market on TradeXYZ. Here's where t…
It’s a ‘new era’ for crypto users who ‘trade anything and everything’ as Jito goes consumer, CEO Bruder says
Jito founder Lucas Bruder told The Block that there's a new class of users coming onchain who "want to trade anything…
Chainlink CCIP gains over $2.5 billion in TVL from protocols migrating from LayerZero, with Kraken Bitcoin the latest to join
Kraken Bitcoin is at least the fourth product to deprecate its LayerZero cross-chain tech following the Kelp DAO attack.
CoinList expands into tokenized asset distribution with ‘Passage’ as token sales slow
CoinList has launched Passage. The move marks its expansion beyond token sales, which have slowed across the crypto i…
Crypto data firm Dune cuts 25% of staff citing AI efficiencies
Dune CEO Fredrik Haga said the firm "let 25% of the team go this week" on X, in part citing its heavy investment in A…