Crypto onramping solution Fun raises $72 million Series A co-led by Multicoin Capital and SignalFire
The Block
Crypto onramping solution Fun raises $72 million Series A co-led by Multicoin Capital and SignalFire
Fun powers deposits, withdrawals, and settlement flows for some of crypto’s leading apps, including Polymarket, Lighter, and Aave.
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ICYMI: Asia & EMEA news recap from James Hunt at The Block 👇
⛏️ Riot data center revenue grows
Riot posted $33.2M in Q1 data center revenue as AMD doubled capacity commitments.
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🧑⚖️ Bithumb suspension paused
A court granted a stay on the exchange’s six-month suspension.
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🇯🇵 SBI eyes Bitbank acquisition
SBI Holdings is in talks to take a controlling stake in Bitbank.
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🇧🇷 Brazil restricts crypto payments
The central bank banned crypto use in regulated cross-border transfers.
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💳 MoonPay launches stablecoin card
A new Mastercard debit card enables spending directly from onchain wallets.
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💰 Tether reports $1B profit
Q1 profit reached $1.04B, pushing reserves to a record $8.23B.
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⛏️ Riot data center revenue grows
Riot posted $33.2M in Q1 data center revenue as AMD doubled capacity commitments.
🔗 Link
🧑⚖️ Bithumb suspension paused
A court granted a stay on the exchange’s six-month suspension.
🔗 Link
🇯🇵 SBI eyes Bitbank acquisition
SBI Holdings is in talks to take a controlling stake in Bitbank.
🔗 Link
🇧🇷 Brazil restricts crypto payments
The central bank banned crypto use in regulated cross-border transfers.
🔗 Link
💳 MoonPay launches stablecoin card
A new Mastercard debit card enables spending directly from onchain wallets.
🔗 Link
💰 Tether reports $1B profit
Q1 profit reached $1.04B, pushing reserves to a record $8.23B.
🔗 Link
North Korea terrorism creditors move to seize Arbitrum-frozen Kelp DAO ETH ahead of DeFi United vote
The Block
North Korea terrorism creditors move to seize Arbitrum-frozen Kelp DAO ETH ahead of DeFi United vote
The plaintiffs are not Kelp DAO hack victims but families holding three unsatisfied terrorism judgments against North Korea looking to collect on debts.
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