Two U.S. lawmakers have introduced a bipartisan bill to ban government officials from trading on prediction markets.
This comes as X is developing X Money, a payments system that is set to integrate cryptocurrencies into the platform.
Its dissent still centers on the bill's language that would prevent platforms from paying yield on stablecoin holdings.
Onchain investigator ZachXBT flagged that Circle unfrozen the USDC balance held in one of the 16 wallets targeted in an earlier action.
Mizuho maintained its outperform rating and kept a price target of $666 following news of Mastercard's BVNK acquisition.
The new onchain products are geared for a crypto-native audience who prefer to access their investments through a digital wallet.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The update zeroes in on how market maker setups are structured, signaling that deal terms and trading behavior are now part of Binance’s scrutiny.
Payy's round was led by FirstMark Capital, an early backer of Airbnb, Shopify and Pinterest, and included Robot Ventures and DBA Crypto.
The firm’s application was approved on March 23, three days after it was submitted, appointing Visa the highest Super Validator weight.
Circle shares fell about 20% on Tuesday amid reports that draft provisions in the CLARITY Act could limit rewards.
Cipher is increasingly leaning on debt-backed, flexible financing rather than equity issuance as it scales out its AI infrastructure.
Bitmine officially launched the MAVAN Ethereum staking platform, targeting roughly $300 million in annual rewards.
Onchain protocols and apps will now be able to stream Coinbase's order book and derivatives trading data directly.
The supply of non-USD stablecoins hit $1.1 billion in February, while aggregated transfer volume surged over 1,600%.
Bitget Wallet launched the Onchain Payments Matrix, connecting Ripple, Mastercard, and Tether within a global stablecoin payments network.
Circle’s sharp stock drop may be overdone, Bernstein says, arguing investors are misinterpreting stablecoin yield restrictions.
Kraken is set to be the first platform to integrate STS’s structured products, according to an announcement on Wednesday.
Aave’s upcoming V4 upgrade introduces a reinvestment module designed to put idle liquidity to work and boost yields.
Ripple said it plans to deploy Unloq's platform to automate payment releases when predefined conditions are met.
Bitcoin Depot names Alex Holmes CEO as Scott Buchanan resigns, and signals 30%-40% revenue drop amid regulatory pressures.
South Korea's FSC said this may be linked to an increase in arbitrage activities amid volatility in the crypto market.
The company continued accumulating ether and remains the largest ETH treasury holder, followed by SharpLink and The Ether Machine.
The launch aims to improve liquidity and price discovery for PURR shares, Hyperliquid Strategies said in a press release.
Circle shares dropped 20% on Tuesday amid a flurry of news that could negatively impact its stablecoin business.
The board also approved a $1 billion share repurchase program in May 2024 and $500 million repurchase in April 2025.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Ethereum block builder Eureka Labs is introducing "programmable blocks," which add logic during block construction.
The USDC stablecoin issuer faced headwinds on Tuesday amid developing stablecon legislation that could dent future revenue.
The transaction comes years after Ledger’s last primary raise, which valued the company at $1.5 billion in 2023.