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Bitcoin treasury company Strategy and its co-founder, Michael Saylor, are facing a class action lawsuit from investors.

#policy #legal #lawsuits #roman storm #the block #samourai #court hearings #tornado-cash

Senior FinCEN employees told prosecutors that non-custodial protocols might not qualify as money services businesses in an August, 2023 call.

#crypto crime #the block #hong kong crypto

The operatives used bank accounts and over-the-counter crypto exchange shops in order to launder funds that included proceeds from scam operations.

#coinbase #binance #security #exploits #kraken #exchanges #the block #companies #crypto ecosystems

Binance and Kraken were also targets of social engineering attacks targeting Coinbase customer service representatives.

#ethereum #usdc #stablecoins #the block #crypto ecosystems #layer 1s

Stablecoin activity on Ethereum underscores the network's dominance as the preferred blockchain for dollar-denominated digital assets.

#defi #blackrock #the block #companies #crypto ecosystems #finance firms

BlackRock’s nearly $3 billion tokenized Treasury fund launched its “first direct DeFi protocol integration” with Euler on Avalanche.

#markets #bitcoin etf #funds #the block

BlackRock's IBIT recently experienced a 20-day streak of net inflows where it took in more than $5 billion.

#policy #legal #fantom foundation #the block #multichain foundation #sonic labs

Multichain Foundation was hacked for over $210 million in 2023, where Sonic Labs sustained damages of around one-third of total losses.

#markets #the block #equities #companies

Matt Hougan compared blockchains to internet investing in 2004, likening Bitcoin to Google and arguing for diversified crypto exposure.

#policy #regulation #asia #the block #companies #international policymaking

Earlier this year the prime minister's father said Thailand should consider "issuing stablecoins backed by government bonds."

#policy #crime #people #security #legal #the block #crypto ecosystems

The news marks the fifth known "wrench attack" in France since the start of the year amid a rising trend of physical threats.

#markets #the block

The surge in short liquidations was driven by significant increases in the price of BTC, ETH, and altcoins amid talks between U.S. and China.

#the block

Yuga Labs sold the CryptoPunks IP following the community backlash of a derivative project and criticism over its handling of the series. 

#markets #the block #crypto infrastructure #companies #finance firms #public equities

The firm reported a Q1 net loss of $295 million, driven by a slump in digital asset prices and a mining-related impairment charge.

#markets #coinbase #the block #deals #capital markets #companies #public equities

Coinbase, the largest crypto exchange in the U.S., is set to join the S&P 500, making it the first pure-play crypto firm on the benchmark index. 

#people #the block #hiring #companies #metaverse & nft #nft collections #nft brands #moves

The creator of the DeGods and y00ts NFT series said he is "not ‘on the run’" while announcing his retirement.

#defi #exclusive #the block #crypto ecosystems

The company aims to offer users a simplified platform which "deploys capital across chains to wherever the best opportunities" are.

#policy #congress #the block #u.s. policymaking

The bill's restrictions would apply to President Trump, Elon Musk, elected members of Congress, and other senior government officials.

#markets #coinbase #exchanges #the block #companies

Coinbase Derivatives will provides round-the-clock futures contracts trading for retail and institutional investors.

#markets #policy #sec #people #regulation #xrp #the block #token projects #companies #u.s. policymaking

The SEC filed the agreement with Ripple, CEO Brad Garlinghouse, and Executive Chairman Chris Larsen with the district court on Thursday.

#defi #uniswap #dexs #protocols #rollups #the block #companies #crypto ecosystems #layer 2s and scaling

Unichain, Uniswap's native Layer 2 blockchain, has become the dominant chain for Uniswap v4, surpassing Ethereum in transaction volume.

#markets #earnings #the block #equities #mining companies #crypto infrastructure #companies #public equities

Despite the revenue increases, both companies also registered a net loss with MARA losing $533 million and CleanSpark $139 million.

#the block

The startup recently closed an oversubscribed $30 million funding round backed by 1kx and Blockchain Capital.

#people #the block #crypto ecosystems

According to Politico, Trump was not only "furious and felt like he’d been used," the lobbyist has also became a pariah in the West Wing.

#the block

Bitcoin Inc CEO David Bailey discusses Bitcoin's growing institutional and geopolitical adoption and potential as a reserve asset.

#ethereum #defi #staking #smart contracts #protocols #rollups #the block #companies #crypto ecosystems #layer 1s #layer 2s and scaling

Activated at epoch 364032 around 6:05 a.m. ET, the Pectra upgrade is Ethereum’s largest-ever update by EIP count.

#the block #movement labs

Movement Labs has terminated its co-founder Rushi Manche, who was in the center of controversy surrounding an undisclosed market-making deal.

#markets #bitcoin etf #funds #the block

South Korea currently does not allow local spot crypto ETFs, as regulators say crypto cannot serve as an underlying asset.

#the block

The US Senate is set to start voting on the GENIUS Act on Thursday, despite growing resistance from Democrats and divisions within the GOP.

#the block #world liberty financial #wlfi #usd1

During the first eight hours of the snapshot voting process, the proposal received 2.6 billion votes (99.97%) in favor.