"The arrest of IntelBroker shows just how far law enforcement has come in the crypto space," TRM Lab's Ari Redbord told The Block.
Upexi also disclosed that it maintains 735,692 SOL holdings, valued at around $105 million at current prices.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Coinbase has launched two additional wrapped tokens on its Base Ethereum Layer 2 network — cbADA and cbLTC.
Bit Digital will wind down BTC mining operations, sell stock & spin out its high-performance computing subsidiary to fund ETH purchases.
The move brings the firm's total ETH holdings to 188,478 ETH as SharpLink Gaming aims to become the largest corporate ether holder.
DeFi Dev Corp and the Dogwifhat community will split staking income and other validator rewards after deducting operational expenses.
The trajectory suggests capital flows continue to favor BTC over smaller digital assets, potentially delaying the onset of an altcoin rally.
The firm, which will go public through a merger with Nasdaq-listed Columbus Circle Capital Corp., was unveiled on Monday.
Upexi plunged 60% after investors moved to unload 43.85 million shares, which it sold in April to finance Solana purchases for its treasury.
BNB, the fifth-largest crypto by market cap, is currently trading hands at around $630, up nearly 5% on the day.
Paris-based internet-of-things firm Sequans plans to raise $385 million via private placements to fund a BTC acquisition strategy.
The firm will invest in decentralized infrastructure, middleware, and consumer applications at the intersection of blockchain and AI.
The framework includes a "maturity tier" and self-assessment aiming to garner trust and set industry-wide operational standards.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Off-chain markets now dominate bitcoin trading and price discovery, with derivatives leading the charge, the analysts said.
Kraken has launched bitcoin "staking" via a new integration with Babylon, enabling users to earn passive rewards on their spot BTC holdings.
Daily activity drops below 350,000 as speculative protocol interest shifts to other chains.
In March, French authorities allowed Durov to travel to Dubai for only a few weeks.
The frameworks propose bringing assets like stocks, bonds, and funds onchain as well as carve outs for autonomous, non-custodial blockchain protocols.
Fileverse, the startup making easy-to-use Ethereum-based productivity software, has released dSheets, an alternative to Excel.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The spike in fees and transactions was fueled by arena.trade’s high-frequency mint mechanics.
Fold holds approximately 1,488 BTC worth some $157.23 million, making it one of the largest publicly traded Bitcoin treasury firms.
Cosmos-based Namada has completed its mainnet, introducing a composable privacy layer for decentralized applications.
a16z crypto has purchased $70 million in EIGEN tokens, expanding on its previous lead investment in Eigen Labs' $100 million Series B round.
Staked ether surged past 35 million, about 29% of supply, while “accumulation” wallets reached an all-time high of 22.8 million ETH despite price lulls.
MEV-related spam continues to consume a large share of block space and a new system is required to unlock true onchain scalability, Flashbots says.
Cantor Fitzgerald initiated coverage on three Solana treasury companies including DeFi Development Corp., Upexi and Sol Strategies.
Wall Street infrastructure is rapidly capturing market share from crypto-native exchanges as ETF-based trading surges 15% since October.