The prior rise in memecoin activity was driven by a pushback against the regulatory crackdown on utility token and NFT projects, they said.
"YZi Labs is the sole investor. There are no other investors in this round," Vana co-founder Anna Kazlauskas told The Block.
Former Binance CEO Changpeng Zhao has unveiled his crypto investment portfolio including, BNB, BTC and stablecoins.
Robinhood announced that the SEC has closed its investigation into the company's crypto division without pursuing enforcement action.
The latest bitcoin acquisitions follow the completion of Strategy's latest $2 billion zero-coupon convertible note offering.
The funds will be used to build out its new Ethena chain and to support the launch of its institutional product.
Investors are cautious amid uncertainty around trade tariffs, inflation and monetary policy, Head of Research James Butterfill said.
The exploit involved an attacker using compromised admin privileges on a smart contract, according to security analysts.
Bybit plans to release an audited proof of reserves report to verify that it has restored its client assets on a one-to-one basis.
OX.FUN has been in a dispute with JefeDAO over a frozen $1 million deposit, with JefeDAO accusing the exchange of extortion.
The helmet of four-time world champion Formula One racer Max Verstappen will bear crypto exchange Gate.io's logo this season.
Arkham also offers USDT-based perpetuals trading, though that feature is off-limits for users from the United States.
Ethereum security researchers hackers deployed malware and then forced the multisig holders to "blind sign" a malicious transaction.
Franklin Templeton is looking to include staking in its proposal to the U.S. SEC for a Solana exchange-traded fund.
The makeover of the U.S. Securities and Exchange Commission appears to be well underway following news that the agency plans to dismiss its years-long case against Coinbase.
Bybit Co-Founder and CEO Ben Zhao said all client withdrawals will be processed, even if they are under review, following the firm's $1.4 billion hack Friday morning.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Bybit, the Singapore-based centralized crypto exchange, has been hacked, according to its CEO.
The funds include a $500,000 private sale hosted on Echo, a platform founded by crypto trader Jordan Fish (aka Cobie).
The potential dismissal would see an end to the alleged securities law violation lawsuit launched against Coinbase in 2023.
The launch follows Hashdex's combo ETF going live last week after both funds were approved by the SEC in December.
Major crypto firms in Hong Kong are in active discussions with the SFC to expand product offerings, including ETF staking.
As the U.S. Congress works to regulate crypto, state lawmakers are increasingly forging ahead on bills that embrace crypto.
Microsoft has unveiled its new quantum computing chip, Majorana 1, a breakthrough achieved after nearly 20 years of research.
Acre, a spin-out from Thesis, enables users to "compound" their bitcoin holdings through various methods, including staking rewards.
The launch allows users to access Deribit's options and futures trading features without pre-funding their strategies.
JPMorgan analysts say a lack of positive catalysts and fading momentum drive lower demand for bitcoin and ether futures.
The Tokyo-listed investment firm maintains a positive outlook on bitcoin and aims to accumulate 10,000 BTC by the end of this year.
MANSA offers onchain liquidity services to to enhance cross-border payments for firms and plans to use the funding for global expansion.
The round, led by Andreessen Horowitz with participation from Coinbase, will support the development of the uAsset project.