The Block Crypto News
Circle’s USDC stablecoin becomes available in Brazil and Mexico
➖ Elf Crypto Alert ➖
Circle’s USDC stablecoin becomes available in Brazil and Mexico
➖ Elf Crypto Alert ➖
The Block
Circle's USDC stablecoin becomes available in Brazil and Mexico
The move allows the direct conversion of Reas and Pesos into USDC, omitting the need to convert the fiat currencies into USD.
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The Block Crypto News
Binance reiterates assertion it never owned or controlled WazirX amid ongoing $230 million hack fallout
➖ Elf Crypto Alert ➖
Binance reiterates assertion it never owned or controlled WazirX amid ongoing $230 million hack fallout
➖ Elf Crypto Alert ➖
The Block
Binance reiterates assertion it never owned or controlled WazirX amid ongoing $230 million hack fallout
Binance accused a director of WazirX's parent company of making “misleading statements” to the contrary on Tuesday.
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The Block Crypto News
Dragonfly wants to raise $500 million for its fourth fund: report
➖ Elf Crypto Alert ➖
Dragonfly wants to raise $500 million for its fourth fund: report
➖ Elf Crypto Alert ➖
The Block
Dragonfly wants to raise $500 million for its fourth fund: report
Dragonfly previously closed $650 million in oversubscribed financing for its third crypto venture fund in May 2022.
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The Block Crypto News
MoviePass taps Layer 1 network Sui to launch USDC stablecoin payments
➖ Elf Crypto Alert ➖
MoviePass taps Layer 1 network Sui to launch USDC stablecoin payments
➖ Elf Crypto Alert ➖
The Block
MoviePass taps Layer 1 network Sui to launch USDC stablecoin payments
Circle plans on launching the USDC stablecoin on Sui sometime soon, according to Circle CEO Jeremy Allaire.
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The Block Crypto News
TON Foundation collaborates with Curve Finance to incubate stablecoin swap project
➖ Elf Crypto Alert ➖
TON Foundation collaborates with Curve Finance to incubate stablecoin swap project
➖ Elf Crypto Alert ➖
The Block
TON Foundation collaborates with Curve Finance to incubate stablecoin swap project
The TON Foundation has announced a partnership with Curve Finance to incubate a new TON-based stable swap project.
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The Block Crypto News
Coinbase reports ‘degraded performance’ for Polygon transactions shortly after network upgrade
➖ Elf Crypto Alert ➖
Coinbase reports ‘degraded performance’ for Polygon transactions shortly after network upgrade
➖ Elf Crypto Alert ➖
The Block
Coinbase reports 'degraded performance' for Polygon transactions shortly after network upgrade
Polygon, one of the most popular Ethereum scaling layers, recently launched its new POL token as part of a network-wide upgrade.
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The Block Crypto News
Auditor Prager Metis settles SEC charges for negligence while investigating FTX
➖ Elf Crypto Alert ➖
Auditor Prager Metis settles SEC charges for negligence while investigating FTX
➖ Elf Crypto Alert ➖
The Block
Auditor Prager Metis settles SEC charges for negligence while investigating FTX
Audit firm Prager Metis agreed to settle charges with the Securities and Exchange Commission related to its investigation of FTX.
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The Block Crypto News
The Daily: WalletConnect to airdrop 185 million WCT, Trump-backed World Liberty Financial unveils WLFI token plans and more
➖ Elf Crypto Alert ➖
The Daily: WalletConnect to airdrop 185 million WCT, Trump-backed World Liberty Financial unveils WLFI token plans and more
➖ Elf Crypto Alert ➖
The Block
The Daily: WalletConnect to airdrop 185 million WCT, Trump-backed World Liberty Financial unveils WLFI token plans and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
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The Block Crypto News
The Scoop: As the world looks to Singapore, don’t sleep on Japan
➖ Elf Crypto Alert ➖
The Scoop: As the world looks to Singapore, don’t sleep on Japan
➖ Elf Crypto Alert ➖
The Block
The Scoop: As the world looks to Singapore, don't sleep on Japan
Conferences like Token2049 tend to expose Western audiences to what's happening in the East, highlighting the cultural differences and distinct ways in which the markets operate.
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The Block Crypto News
CleanSpark buys two bitcoin mining sites in Mississippi for $5.775 million
➖ Elf Crypto Alert ➖
CleanSpark buys two bitcoin mining sites in Mississippi for $5.775 million
➖ Elf Crypto Alert ➖
The Block
CleanSpark buys two bitcoin mining sites in Mississippi for $5.775 million
The bitcoin miner has been on a bit of a buying spree of late and the latest acquisitions will support a total of 16.5 MW.
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The Block Crypto News
CFTC Chair Behnam warns of election betting risks, says agency is keeping an eye on offshore prediction markets
➖ Elf Crypto Alert ➖
CFTC Chair Behnam warns of election betting risks, says agency is keeping an eye on offshore prediction markets
➖ Elf Crypto Alert ➖
The Block
CFTC Chair Behnam warns of election betting risks, says agency is keeping an eye on offshore prediction markets
U.S. CFTC Chair Rostin Behnam said his agency will keep making the case against Kalshi while also keeping an eye on offshore prediction markets.
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The Block Crypto News
Galaxy exec says Wall Street intermediaries are ‘proactively pushing the bitcoin story’
➖ Elf Crypto Alert ➖
Galaxy exec says Wall Street intermediaries are ‘proactively pushing the bitcoin story’
➖ Elf Crypto Alert ➖
The Block
Galaxy exec says Wall Street intermediaries are 'proactively pushing the bitcoin story'
Galaxy Digital's Steve Kurz shares how Galaxy is facilitating the institutionalization of crypto's capital markets.
The Block Crypto News
Coinbase’s Base Layer 2 shatters transaction records with over 4.5 million in a single day
➖ Elf Crypto Alert ➖
Coinbase’s Base Layer 2 shatters transaction records with over 4.5 million in a single day
➖ Elf Crypto Alert ➖
The Block
Coinbase's Base Layer 2 shatters transaction records with over 4.5 million in a single day
The surge in transactions represents a significant leap from Base's impressive performance, highlighting its rapid adoption and scalability.
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The Block Crypto News
SEC charges NanoBit and CoinW6 in alleged ‘relationship investment scams’ using social media
➖ Elf Crypto Alert ➖
SEC charges NanoBit and CoinW6 in alleged ‘relationship investment scams’ using social media
➖ Elf Crypto Alert ➖
The Block
SEC charges NanoBit and CoinW6 in alleged 'relationship investment scams' using social media
The U.S. SEC accused two alleged fake crypto platforms, NanoBit and CoinW6, of lying to investors and stealing their money.
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The Block Crypto News
In letter to Gensler, Republicans urge SEC to clarify how it treats crypto airdrops
➖ Elf Crypto Alert ➖
In letter to Gensler, Republicans urge SEC to clarify how it treats crypto airdrops
➖ Elf Crypto Alert ➖
The Block
In letter to Gensler, Republicans urge SEC to clarify how it treats crypto airdrops
Top Republican lawmakers say they want clear answers on how the U.S. SEC views airdrops in the crypto industry.
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The Block Crypto News
Circle is launching USDC on Sui, marking its 15th network integration
➖ Elf Crypto Alert ➖
Circle is launching USDC on Sui, marking its 15th network integration
➖ Elf Crypto Alert ➖
The Block
Circle is launching USDC on Sui, marking its 15th network integration
SUI, the network’s native token, is up over 10% following the news and currently exchanging hands for $1.15.
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The Block Crypto News
Jamie Dimon says JPMorgan Chase is ‘probably one of the bigger users of blockchain’
➖ Elf Crypto Alert ➖
Jamie Dimon says JPMorgan Chase is ‘probably one of the bigger users of blockchain’
➖ Elf Crypto Alert ➖
The Block
Jamie Dimon says JPMorgan Chase is 'probably one of the bigger users of blockchain'
The banking magnate Jamie Dimon who has long been skeptical of crypto said JPMorgan is an "actual user" of blockchain.
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The Block Crypto News
Coinbase Ventures leads $5 million round in Vana, a network for user-owned data
➖ Elf Crypto Alert ➖
Coinbase Ventures leads $5 million round in Vana, a network for user-owned data
➖ Elf Crypto Alert ➖
The Block
Coinbase Ventures leads $5 million round in Vana, a network for user-owned data
Vana aspires to build a network of data DAOs that will allow people to earn money from sharing their data.
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⚠️ Trust Wallet commented on the FUD.
Yesterday, FUD started spreading due to a price drop of over 20% in TWT. One of the reasons cited for the drop was the upcoming delisting of the token from Binance.
The Trust Wallet team stated that the delisting of TWT from Binance is a rumor that misled people.
Additionally, any reports of the platform being hacked are completely fabricated ❌.
Yesterday, FUD started spreading due to a price drop of over 20% in TWT. One of the reasons cited for the drop was the upcoming delisting of the token from Binance.
The Trust Wallet team stated that the delisting of TWT from Binance is a rumor that misled people.
Additionally, any reports of the platform being hacked are completely fabricated ❌.
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The Block Crypto News
Bitstamp eyes Australia for institutional business expansion amid global push
➖ Elf Crypto Alert ➖
Bitstamp eyes Australia for institutional business expansion amid global push
➖ Elf Crypto Alert ➖
The Block
Bitstamp eyes Australia for institutional business expansion amid global push
Bitstamp’s global chief commercial officer said the exchange sees much potential in expanding institutional businesses in Australia.