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BitMine Chairman Tom Lee pointed to crypto's outperformance during tension in the Middle East as the firm accelerated Ethereum purchases.

#markets #deals #companies #public equities #mergers & acquisitions

Abra plans to go public through a SPAC merger with New Providence Acquisition Corp. III at a $750 million valuation.

#markets #bitcoin #token projects #strategy #companies #public equities

Strategy's holdings now account for more than 3.5% of the total 21 million bitcoin supply — worth around $56 billion.

#markets #institutional investors #equities #metaplanet #deals #private equity #capital markets #companies #debt financing #metaplanet bitcoin #bitcoin treasury company

Metaplanet has raised $255M from investors, with warrants potentially lifting funding to around $531M for its long-term 210,000 BTC strategy.

#companies #finance firms #tradfi banks

Hana Financial Group and Standard Chartered will explore joint initiatives in digital assets, including stablecoins.

#policy #regulation #australia #exchanges #the block #australia crypto #crypto infrastructure #companies #international policymaking

Under the legislation, crypto platforms and tokenized custody platforms would be treated similarly to other financial service providers.

#bankruptcy #companies #blockfills #bankruptcy filings

In February, BlockFills temporarily suspended client deposits and withdrawals, citing recent market and financial conditions.

#federal reserve #policy #central banks #legal #startups #custodia #companies

The decision arrives days after the Kansas City Fed granted Kraken the first-ever crypto master account, a landmark for the crypto industry.

#ethereum #policy #people #vitalik buterin #the block #crypto infrastructure #companies #crypto ecosystems #layer 1s #ethereum-foundation #ecosystem maps

The Ethereum Foundation mandate codifies Ethereum’s core “CROPS” principles: censorship resistance, open source, privacy and security.

#ethereum #markets #bitcoin #defi #policy #crypto #congress #regulation #blackrock #aave #stablecoins #web3 #funds #dexs #tokens #senate banking committee #protocols #ethereum etf #equities #token projects #companies #crypto ecosystems #u.s. policymaking #finance firms #public equities #international policymaking #investment firms #analyst reports

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

#markets #bitcoin #policy #equities #macro #token projects #mining companies #crypto infrastructure #companies #crypto ecosystems #layer 1s #u.s. policymaking #analyst reports

Hashrate Index found that about 90% of global Bitcoin hashrate operates in electricity markets largely insulated from oil prices.

#people #vitalik buterin #ai development #deals #companies #crypto ecosystems #organizations #crypto-donations

Buterin stated that FLI cashed out approximately $500 million from his 2021 SHIB donation, but then pivoted toward political action.

#payments #venture capital #alibaba #strategic investments #deals #crypto infrastructure #companies #finance firms #metacomp

The Singapore-based company provides services that bridge traditional fiat payment rails and stablecoin settlement infrastructure.

#policy #regulation #stablecoins #hsbc #companies #crypto ecosystems #asian regulation #finance firms #tradfi banks #hong-kong #standard-chartered

HKMA Chief Executive Eddie Yue said last month that the regulator had received 36 applications under the new framework.

#markets #bitcoin #exclusive #tokens #jpmorgan #equities #token projects #companies #finance firms #investment firms #tradfi banks #analyst reports

GLD has seen outflows of about 2.7% of assets, while IBIT has seen inflows of around 1.5% of assets since the war erupted, analysts said.

#markets #policy #people #cftc #regulation #the block #companies #u.s. policymaking #prediction-markets #michael selig

Prediction markets platforms like Kalshi and Polymarket are seeing record trading volumes and valuations near $20 billion each.

#markets #bitcoin #policy #sam bankman-fried #sec #people #cftc #congress #regulation #legal #optimism #base #lawsuits #layoffs #equities #macro #token projects #restructuring #companies #crypto ecosystems #layer 2s and scaling #u.s. policymaking #finance firms #analyst reports

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

#policy #security #legal #lawsuits #lawsuit #anti-money laundering #jpmorgan #crypto ponzi scheme #companies #crypto ecosystems #finance firms #tradfi banks

JPMorgan allegedly served as the “exclusive vehicle” for a $328 million crypto Ponzi, funneling $253 million into Goliath Ventures.

#markets #people #web3 #fintech #the block #payward #equities #deals #crypto infrastructure #companies #crypto ecosystems #finance firms #equity movers #public equities #crypto banks and lenders #private investments #ark-invest #bitmine

The funding round includes new governance roles, with Tom Lee joining Eightco’s board and ARK Invest's Brett Winton serving as an advisor.

#policy #crypto #people #tax #web3 #companies #crypto ecosystems #international policymaking #hmrc

HMRC is exploring crypto forensic tools worth up to $4.6 million to combat digital asset-related tax fraud and money laundering in the UK.

#bitcoin #tether #people #stablecoins #venture capital #deals #crypto infrastructure #companies #crypto ecosystems #layer 1s #layer 2s and scaling #organizations #seed and pre-seed

The funding coincides with Arkade adding support for digital assets, including infrastructure designed for stablecoins like USDT on Bitcoin.

#defi #exclusive #exchanges #web3 #assets #decentralized infrastructure #grvt #tge #companies #crypto ecosystems #decentralized-exchanges

ZKsync-based DEX GRVT plans to launch its token after June 30, expanding community allocations to 28% as platform trading volumes surge.

#markets #grayscale #funds #institutional investors #nasdaq #asset managers #deals #companies

Grayscale’s Avalanche Staking ETF (GAVA) has debuted on Nasdaq, offering AVAX exposure and staking rewards.

#ethereum #defi #solana #infrastructure #dexs #base #tokens #pump fun #crypto infrastructure #companies #crypto ecosystems #layer 1s #layer 2s and scaling #meme-coins

Pump.fun tops $1 billion in revenue as domain records reveal Ethereum, Base, BSC, and Monad subdomains amid potential cross-chain expansion.

#infrastructure #wallets #exodus #crypto infrastructure #companies #crypto ecosystems #wallet makers

The loss was largely attributed to the general crypto market decline, alongside rising operational expenses.

#policy #crime #sam bankman-fried #ftx #people #legal #exchanges #companies

US prosecutors said that Sam Bankman-Fried's motion failed to present any legitimate newly discovered evidence.

#optimism #layoffs #op labs #restructuring #companies #crypto ecosystems #layer 2s and scaling

OP Labs CEO and Optimism co-founder Jing Wang clarified that the layoffs were not driven by financial difficulties.

#markets #stablecoins #asia #metaplanet #token projects #companies #crypto ecosystems #jpyc

The venture capital arm will deploy 4 billion yen ($25 million) over the next few years to local bitcoin infrastructure firms.

#markets #stablecoins #payments #xrp #tokens #token projects #deals #private equity #crypto infrastructure #companies #crypto ecosystems #finance firms

Ripple has launched a share buyback of up to $750 million at a $50 billion valuation, a source told The Block.

#binance #people #exchanges #companies

Binance and its founder and ex-CEO Zhao now maintain a rehabilitated relationship with the American government.