The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Matt Hougan argues this is due to the way Wall Street values assets, with the market effectively walking through these calculations for BTC, too.
Carl Erik Rinsch is alleged to have stolen an $11 million investment for a television series, instead using it for cryptocurrency trading.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Gyroscope said the protocol's revenue has surged to over $2 million annualized, with trading volume reaching $4.1 billion year-to-date.
The GLF token launch comes as GLIF moves beyond Filecoin, with plans to support additional decentralized physical infrastructure networks.
The K33 analysts expect a softer impact on the underlying price of SOL from any potential Solana ETF launch.
Xapo Bank hopes to attract people back to a sector hit hard following the collapse of centralized lenders like Celsius and BlockFi in 2022.
While some have suggested the crypto market has already peaked, Bernstein argues the current cycle is still in its early stages.
Bitcoin miner Bitfarms completed the acquisition of Stronghold Digital in a stock-for-stock merger, further expanding its U.S. footprint.
The Tokyo-listed firm disclosed today that it bought an additional 150 BTC, boosting its total holdings to 3,200 BTC.
Participants will be enabled to convert their bank deposits into tokenized deposits for payments at local shops, according to a local report.
A few large validators closely associated with Crypto.com appeared to have influenced an affirmative outcome during the vote.
Converge, expected to launch in Q2, is an Ethereum-compatible blockchain featuring native KYC and custody solutions.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The GMCI Meme index's largest holdings — including Dogecoin and Trump — have faced substantial selling pressure as speculative traders exit.
"We estimate that Base (the dominant layer 2) has removed $50 billion of market cap from Ethereum alone," said Geoffrey Kendrick.
The latest acquisitions were made using proceeds from the sale of its perpetual strike preferred stock, STRK.
Global crypto investment products saw further net outflows of $1.7 billion last week, according to asset manager CoinShares.
North Korea's Lazarus Group currently holds 13,518 BTC, worth around $1.13 billion, according to data from Arkham Intelligence.
The Bank of Korea cited bitcoin's volatility and IMF guidelines as the reasons for its decision not to review.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The fund provides exposure to convertible bonds issued by companies holding bitcoin in their corporate treasury.
Valued at just £60,000 ($77,400) at the time of the alleged theft, the bitcoin is now worth around £3.2 million ($4.2 million).
Crypto represents a small but growing part of Russia's $192 billion oil trade, with companies using BTC, ETH and USDT, the sources said.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The continued growth of publicly listed bitcoin miners is expected as they push further into vertical integration, JPMorgan analysts said.
Ripple said the UAE market has high demand for efficient settlement measures and potential for stablecoin adoption.
The developers of the AI-based memecoin issuance tool Bankrbot have recalibrated the system to stop responding to Grok's commands.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.