Hong Kong’s new stablecoin regime is set to take effect on Aug. 1 to mandate licensing from the HKMA for stablecoin issuers.
As of July 28 at 10:45 p.m. ET, BitMine said it now holds 625,000 ETH ($2.4 billion) and 192 BTC ($22.8 million).
An Ethereum-aligned consortium, including Consensys, SharpLink, Eigen Labs, ENS Labs, and Status, will manage its ecosystem fund.
The crypto mining rig maker told Bloomberg that it plans to launch a new production line in Texas or Florida by the end of the third quarter.
Critics say Monero faces a potential 51% attack threat as Qubic, led by IOTA co-founder Sergey Ivancheglo, escalates its mining dominance.
MARA Holdings raised $940.5 million in net proceeds to restructure previously issued debt securities and finance additional bitcoin purchases.
The company said it plans to purchase 2,900 Bitmain S21 Pro miners with the first drawdown of the funding.
BNY and Goldman Sachs unveiled a tokenized money market fund platform that mirrors traditional shares, a first in the U.S. aimed at faster settlement.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons. Happy Tuesday! Here’s what you need to know in crypto today. Traditional finance is moving deeper into digital assets. JPMorgan is reportedly exploring crypto-backed loans, Western Union may integrate stablecoins, and PNC Bank has partnered with Coinbase to offer crypto access to clients — while […]
PNC partners with Coinbase to offer clients crypto trading and custody as more banks dip toes in the digital asset economy.
Strategy has bought another 6,220 BTC for $739.8 million, bringing its total holdings to 607,770 BTC — worth around $71.8 billion.
Mercurity's Solana strategy is additive and does not replace plans to invest in bitcoin, chief strategy officer Wilfred Daye told The Block.
The Chinese blockchain said it plans to support the potential issuance of an offshore yuan-pegged stablecoin in partnership with AnchorX.
The acquisition aims to expand dYdX’s product into social and user-driven trading features as it looks to scale.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Blockskye helps corporates like PwC cut travel costs by connecting directly with airlines and streamlining payments.
Ondo is a real-world asset startup with backing from World Liberty Financial, the DeFi project led by President Donald Trump's friends and family.
XMTP is relaunching inside Coinbase's new Base app, moving from an optional tool to native infrastructure.
The same bitcoin whale transferred 40,010 BTC to Galaxy Digital earlier this week, according to Arkham, signaling potential selling.
Talos has acquired the blockchain data provider Coin Metrics in a deal closed at over $100 million, according to a source familiar.
The new Solana-focused liquid staking token follows Liquid Collective's prior launch of LsETH on June 17.
Beyond the airdrop, major ES token allocations include 35% for ecosystem growth, 31% for early backers, and 19% for contributors.
Susquehanna Crypto also joined the round, backing Two Prime as it scales its crypto-native institutional offerings.
If pro-crypto legislation passes through Congress over the coming days, "crypto will never be the same" again, Hougan said.
The Nasdaq-listed firm announced a proposed offering of 22 million shares, expected to generate about $67.3 million in proceeds.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
USDG is currently available on Ethereum, Solana, and Ink, and is issued by Paxos Digital Singapore and Paxos Issuance Europe.
The analysts also see growth in Ethereum and Solana reinforcing their investment case as the cycle broadens beyond bitcoin.
The TGE format lets Binance Wallet users trade tokens with prices that rise as demand grows, with the first project reveal set for July 15.
Aave’s total net deposits topped $50 billion as founder Stani Kulechov sees more TradFi players adopting DeFi lending tech.