Tether has announced a strategic investment in Orionx, a digital asset platform operating in Latin America, according to a June 3 statement. The investment aims to accelerate the use of stablecoin-powered financial services across the region, particularly in underserved and inflation-prone economies. According to the statement, Orionx currently serves users in Chile, Peru, Colombia, and […]
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Norwegian Block Exchange (NBX) became the first publicly listed company in Norway to adopt a Bitcoin (BTC) treasury strategy, according to a press release. The firm announced the acquisition of 6 Bitcoin with plans to increase holdings to 10 BTC by the end of June. The move sent NBX shares soaring more than 138% following […]
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The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
After a 12-month wait, the all-cash deal’s completion adds 50-plus licences, four million customers, and an institutional revenue line to Robinhood’s arsenal. Robinhood has closed its year-long, $200 million takeover of Bitstamp, one of the world’s oldest crypto exchanges, catapulting the California fintech from a largely U.S. player into a regulator-blessed global heavyweight overnight. “Bitstamp […]
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Kraken joins Coinbase Prime and FalconX in offering prime brokerage services to institutional crypto clients.
Secret knowledge, sudden split: the crypto exchange faces mounting legal and regulatory heat for a four-month silence over a breach affecting at least 69,000 customers. Coinbase was alerted as early as January 2025 that hackers had siphoned tens of thousands of customer records from one of its overseas support vendors, but the exchange waited until […]
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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.
World Liberty Financial’s stablecoin USD1 surpassed $10 billion in transfer volume just 10 days following its listing on Binance, according to data from Artemis. From May 22 to June 1, the stablecoin traded $10.7 billion in volume, surpassing the total transfers from its inception until May 21. The stablecoin is native to World Liberty Finance, […]
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The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
U.K.-listed investment company IG Group has tapped Uphold's infrastructure to power retail crypto trading, the first publicly traded company to do so.
IG Group will allow retail investors in the United Kingdom to trade 38 cryptocurrencies on its multi-asset platform from Tuesday, June 3, becoming the first London-listed broker to offer spot tokens. The firm’s integration relies on a partnership with digital-asset exchange Uphold, which will provide custody and execution services. The Financial Services Compensation Scheme does […]
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Coinbase analysts believe that the $5 billion repayment round initiated by the FTX Recovery Trust could function as a significant injection of liquidity into digital asset markets, potentially influencing trading behavior and asset flows as funds reach affected creditors this week. The FTX Recovery Trust began distributing more than $5 billion in stablecoins on May […]
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Coinbase Institutional is expanding its derivatives offering with the launch of 24/7 trading for XRP and Solana futures, starting June 13. According to a May 29 statement, the move aims to provide real-time access for US institutional investors, aligning with the non-stop nature of global crypto markets. Derivatives push The new offering allows investors to […]
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BitMEX's investigation allegedly discovered new insight into the group's inner workings and “significant lapses in operational security.”
Netflix has green-lit an eight-episode limited series titled The Altruists, a dramatization of the eight-billion-dollar collapse of crypto exchange FTX and the downfall of its co-founder, Sam Bankman-Fried. The show, produced under Barack and Michelle Obama’s Higher Ground banner, will star Julia Garner (3x Emmy winner) as former Alameda Research chief executive Caroline Ellison and […]
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The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Some traders see this round of $5 billion in FTX unlocks as a potential liquidity source for an upcoming “alt season.”
Canary Capital's filing follows the SEC's confirmation that proof-of-stake staking activities do not constitute securities transactions.
Thailand's securities regulator announced that crypto exchanges Bybit, 1000X, CoinEx, OKX and XT will be banned locally starting June 28.
The US Securities and Exchange Commission (SEC) asked a federal judge on May 29 to dismiss its civil complaint against Binance and its founder, Changpeng ‘CZ’ Zhao, according to a four-page filing in the District Court docket. Judge Amy Berman Jackson placed the case on a 60-day pause in February after both sides told the […]
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The SEC is seeking to dismiss its lawsuit against crypto giant Binance, according to a court document filed on Thursday.
Rails aims to enable participants to earn yield on their bitcoin while bolstering the Lightning Network's performance and scalability.
Julia Garner will star as Caroline Ellison and Anthony Boyle will lead as Sam Bankman-Fried in the 8-episode series.
Crypto exchange Bybit has received regulatory approval under the European Union’s Markets in Crypto-Assets (MiCA) framework from Austria’s Financial Market Authority (FMA), according to a statement issued on May 29. This license enables the platform to offer digital asset services across all 30 European Economic Area (EEA) countries. Bybit plans to make Austria the hub […]
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In November, Hyperliquid held about 30% market share, meaning the protocol has more than doubled its dominance in just six months.
The European crypto brokerage launched a Bitcoin treasury strategy, joining a growing list of firms accumulating the cryptocurrency.
Coinbase's CDP Wallets enable developers to create secure, programmable wallets via API without handling private keys.
Discussing the policies already enacted by the Trump administration, Sacks also claimed it could achieve its crypto agenda by August.
Allan Guo was a director of a company behind ACX crypto exchange, which collapsed in 2019 and left users unable to withdraw their assets.