Earlier this year the African cryptocurrency exchange Quidax announced a collaboration with the world's largest stablecoin issuer.
The trader still has an $82 million open long position on Bitcoin at 40x leverage, with a liquidation price of $103,930.
K Wave Media is the latest firm to pursue a Bitcoin acquisition strategy, with plans to sell $500 million worth of stock to finance its purchases.
Spanish coffee chain Vanadi Coffee is planning a bold shift as it seeks to transform from a struggling hospitality brand into a Bitcoin-centric holding firm. According to a report by Europa Press, the company is proposing a €1 billion (around $1.13 billion) allocation into Bitcoin as part of a broader financial overhaul. The announcement has […]
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The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
3Jane will evaluate and extend crypto users' credit based on “verifiable financial proofs" including credit scores.
Ripple CEO Brad Garlinghouse said the company never tried to buy Circle, countering reports of a multibillion-dollar takeover bid. Georgetown Law professor Chris Brummer said Garlinghouse told him during an on-stage interview at a private event in Las Vegas on June 1 that Ripple “never pursued an acquisition of Circle” and the topic was not […]
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Ripple CEO Brad Garlinghouse told Chris Brummer he never made a bid to acquire Circle, contradicting recent reports, at a Las Vegas event.
The token will reportedly be offered to public and private investors, though it is unclear when or where the token launch will occur.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The Series A was structured as equity with token warrants, Singh said, declining to disclose the post-money valuation.
The acquisition helps Robinhood expand outside the U.S., accessing Bitstamp's customers across the EU, UK, and Asia.
Hong Kong-listed OSL Group has agreed to purchase a 90% stake in Evergreen Crest, which runs an Indonesian crypto exchange.
The acquisition specifically focuses on seed phrase management, though the value of the deal was not disclosed.
Circle has upsized its plans for an initial public offering, and will now sell 32 million shares of Class A common stock for between $27 and $28.
Following the transaction, Consensys CEO and co-founder Joseph Lubin has joined SharpLink's board of directors as chairman.
Strategy (formerly MicroStrategy) copycats are on the rise, and venture capital is backing the trend. Here's why.
Atticus, currently in stealth-mode, could get a valuation of between $1.5 billion to $2 billion and become this year's first stablecoin unicorn.
This is the second time this month that Yuga Labs has sold what was once considered prime web3 intellectual property.
Elon Musk stated on May 28 that xAI had not signed an agreement with Telegram to distribute the Grok large language model, despite Telegram founder Pavel Duvov’s announcement earlier on the same day. Durov wrote that he and Musk “agreed to a one-year partnership” that would place Grok inside all Telegram applications and give the […]
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Many Americans remain skeptical of Big Tech firms on issues related to data sovereignty and information bias, a DCG funded survey found.
Tether, Softbank and Cantor Fitzgerald-backed Twenty One Capital has raised an additional $100 million by selling convertible notes.
TON pulled back on Thursday after Elon Musk poured cold water on a deal to bring Grok AI to Telegram, which was announced by Pavel Durov.
Pakistan is setting up a “government-lead” strategic Bitcoin reserve, Pakistan Crypto Council CEO Bilal Bin Saqib said at Bitcoin 2025.
Eternis AI is developing Freysa AI and has raised $30 million from Coinbase Ventures, Selini Capital, and others.
Tether, which once dominanted the European stablecoin market, has been forced to reduce its presence due to MiCA compliance issues.
The team plans to invest upwards of $500,000 in around 30 early-stage startups involved in tokenization, stablecoins, and infrastructure.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
BlackRock, an existing backer of Circle having invested in its $400 million Series F, manages the majority of USDC's backing assets.
Circle Ventures, Sound Ventures, Commerce Ventures and DCG also participated in the round geared towards fueling expansion.