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.
More than 17.4 million VVV tokens have been claimed by over 40,000 participants since the airdrop in January.
The analysts expect clarity on budget-neutral bitcoin acquisition measures from Treasury Secretary Scott Bessent by May 5.
Hyperliquid said there had been no exploit or hack of the protocol, but its liquidation engine could not handle the size of the position.
Metaplanet announced today that it has purchased an additional 162 BTC, bringing its total holdings to 3,050 BTC.
Analysts said Tuesday's crypto price rally is a 'small bounce' that corrects overly cautious risk-off sentiment.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Axelar Foundation, the nonprofit supporting the growth and adoption of the Axelar Network interoperability protocol, has disclosed strategic AXL token sales worth $30 million.
StarkWare also outlined three further developments as plans for the Starknet Layer 2 to unify Bitcoin and Ethereum escalate.
OpenAI will also become an investor in the AI hyperscaler through the issuance of $350 million worth of CoreWeave stock.
Ark also bought $9.6 million of Robinhood shares and sold $20.6 million of Block stock as the firm continued rebalancing its fund weightings.
Offchain Labs said it’s reinforcing its commitment to the Arbitrum ecosystem by adding ARB tokens to its treasury.
Bitcoin fell below $77,000 at one stage tonight, while the U.S. stock market experienced its worst day of the year.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Strategy intends to use the proceeds for general corporate purposes, including the acquisition of bitcoin.
U.S. investors were the most bearish last week, pulling out $922 million from crypto funds, despite President Trump's executive order.
The original bill proposed the state treasurer to invest up to 5% of certain public funds in crypto with a market cap above $500 billion.
The Central American nation acquired an additional 6 BTC on Sunday, boosting its total holdings to 6,111.18 BTC.
Trump’s crypto policies, including a strategic bitcoin reserve, have marked a shift, but VCs say key regulatory steps are still needed.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
President Trump signed an executive order to establish a U.S. Strategic Bitcoin Reserve and Digital Assets Stockpile late Thursday.
Warren's letter comes as the President signed an executive order to establish a U.S. Strategic Bitcoin Reserve late Thursday.
Such registration typically signals that a fund manager is preparing to file an S-1 registration with the U.S. SEC.