One trader who made over $2 million in recent months betting against the strikes lost $6.5 million in a single day after the U.S. and Israel attacked Iran.
The proposal acknowledges it would require a coordinated network upgrade and could risk a chain split if parts refuse to adopt the change.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The rollout deepens MoonPay’s push to position itself as backend infrastructure for fintech and AI builders, not just an onramp.
Barclays has previously invested in stablecoin settlement infrastructure and consortium efforts, signaling an infrastructure-first approach rather than direct token issuance.
U.S. officials said they froze and seized roughly $580 million in cryptocurrency linked to Chinese scam networks targeting Americans.
ZKsync said it will deprecate ZKsync Lite on May 4, freezing the network and shifting focus to Era and ZK Stack.
Bernstein analysts said Figure delivered "solid" fourth-quarter results, backing their outperform rating and $72 price target.
SBI Holdings and Startale Group unveiled a yen-denominated stablecoin, JPYSC, with issuance managed by SBI Shinsei Trust Bank.
Circle’s expanding role in infrastructure is starting to contribute incremental, higher-margin revenue beyond reserve income.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The most profitable wallet turned a five-figure wager into nearly half a million dollars within hours of the Axiom investigation disclosure.
MEV Capital’s assets under management fell 80% from a peak of $1.5 billion to about $300 million following millions in direct losses linked to deUSD depeg in October.
Axiom said it was "surprised and disappointed" by the alleged misconduct and has removed access to internal tools while it investigates.
"Users retain control of their digital assets in their MetaMask wallet until the moment they pay," Consensys said.
Starknet plans to launch strkBTC, a bitcoin-based asset that enables shielded balances and transfers while preserving DeFi composability.
The Ethereum Foundation’s "strawmap" outlines seven forks by 2029, targeting faster slots, reduced finality, and post-quantum upgrades.
TON Wallet is shifting from simple self-custody into a gateway for third-party DeFi yield strategies.
Vitalik Buterin sold 17,196 ETH worth $35 million, surpassing his Jan. 30 'austerity' allocation of 16,384 ETH by 4.9%.
Stakers who vote at least twice during their lock period would earn roughly 2% annualized rewards from the WLFI treasury.
The GENIUS Act will take effect on the earlier of 18 months after enactment, which would make it Jan. 18, 2027.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Circle shares surged 30% to around $80 after earnings, extending pre-market gains as analysts pointed to stronger-than-expected margins.
t54 Labs has raised $5 million in a seed round from Anagram, Franklin Templeton, Ripple and other investors.
TBD, co-founded by former dYdX team members, has raised $3 million in a seed round co-led by CMT Digital and ParaFi.
Both the FCA and the Bank of England are working in concert to develop a comprehensive set of regulations for stablecoins.
About 94,636 BTC tied to the 2016 Bitfinex hack, roughly 30% of the U.S. Strategic Bitcoin Reserve, remain frozen pending legal proceedings.
A “torrent” of AI agentic commerce running on stablecoins and high-throughput blockchains seems very likely, Stripe's co-founder said.
Circle reported $770 million in Q4 revenue and reserve income as USDC circulation reached $75.3 billion and issued 40% CAGR guidance.
Tether has taken a stake in Whop as the marketplace adopts its WDK to enable USDT and USAT onchain creator payouts.