Circle's blockbuster IPO last month has brought crypto listings back into the spotlight, but the bigger question is what comes next.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Nick van Eck's stablecoin startup Agora secured $50 million in a Series A led by Paradigm to expand its AUSD-based services.
The transfer follows the $14.75 million in bitcoin Bhutan deposited to Binance last week — the most significant movements since November.
The firm is the latest in a plethora of new crypto treasury companies, including two other miners-turned-Ethereum acquisition companies.
Ant International will add Circle’s USDC to its network after U.S. compliance clears, positioning the stablecoin inside a $1 trillion+ payments ecosystem.
Following the acquisition, Portal co-founder and CEO Raj Parekh will join the Monad Foundation as Head of Payments and Stablecoins.
By integrating World ID into the Story network, creators can not only verify the IP in their wallet but set terms for how others can use and pay for their intellectual property.
The network supported more than 3,000 appchains and processed over 57 million transactions during its phased testnet rollout.
Eigen Labs CEO Sreeram Kannan said the team plans to shift its focus to the newly launched EigenCloud platform.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Phantom's launch allows users to trade perps directly within the popular web3 wallet, powered by Hyperliquid's API.
Between June 28 and July 4, SharpLink purchased 7,689 ETH, valued at $19.7 million as of writing, for about $2,501 per token.
The position entails "shaping and executing high-impact marketing strategies" that bolster the TON ecosystem.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The Open Network clarified that the 10-year "Golden Visa" initiative is still in its infancy and has not launched in collaboration with the United Arab Emirates government.
IREN noted record-high monthly revenue in June at $68 million, as well as a peak of $51 million in total hardware profit in June.
The bitcoin miner in question earned $348,948 for mining block 903,883 using CKpool in a solo mining configuration.
This represents the third straight month Riot mined bitcoin since restarting the activity in April, after the firm took a hiatus beginning in January.
The move represents the growing integration of Bitcoin mining facilities into existing grid operations and the expanding business lines.
The new ETF from REX Shares and Osprey Funds is the first U.S.-listed crypto ETF to combine token exposure and staking rewards.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Robinhood announced an expansion into tokenized equities, crypto perpetual futures, and plans for an Ethereum Layer 2 blockchain.
Deutsche Bank's custody project follows a growing institutional shift toward digital assets, driven by clearer EU rules under MiCA.
IREN's hashpower represents approximately 6% of the Bitcoin network's total estimated hashrate of 842 EH/s.
Users in the UK and EU will receive the Bitget Wallet card first, with later plans to launch in Latin America, Australia, and New Zealand.
Bitcoin mining difficulty dropped around 7.5% after a sudden decline in the network's hash rate over the last couple of weeks.
The XRPL EVM Sidechain opens up new Ethereum-compatible decentralized application use cases for the XRP Ledger ecosystem.
The Bernstein analysts expect the stablecoin market to reach $4 trillion over the next decade from around $244 billion today.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.