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The Block News Feed
DTCC, Clearstream and Euroclear co-author paper pushing for digital ledger interoperability as crypto scales
The Block
DTCC, Clearstream and Euroclear co-author paper pushing for digital ledger interoperability as crypto scales
At times, the authors turn to standardization efforts in traditional finance like SWIFT and ISIN as a roadmap for blockchain interoperability.
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FATF flags AML risks from peer-to-peer stablecoin transfers, points to freeze and deny-list safeguards
The Block
FATF flags AML risks from peer-to-peer stablecoin transfers, points to freeze and deny-list safeguards
FATF flagged AML risks from peer-to-peer stablecoin transfers, pointing to freeze and deny-list controls as potential safeguards.
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The Block News Feed
Tether invests in sleep wellness firm Eight Sleep at $1.5 billion valuation
The Block
Tether invests in sleep wellness firm Eight Sleep at $1.5 billion valuation
Tether Investments took a strategic stake in Eight Sleep at a $1.5 billion valuation to expand AI-driven health technology collaboration.
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Coinbase policy exec urges UK regulators to drop proposed Bank of England stablecoin caps in Lords hearing
The Block
Coinbase policy exec urges UK regulators to drop proposed Bank of England stablecoin caps in Lords hearing
Tom Duff Gordon also called for regulators to allow rewards, adjust reserve requirements, and pursue international equivalence agreements.
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Solana stablecoin volume hits record $650 billion in February as onchain payments draw demand, Grayscale says
The Block
Solana stablecoin volume hits record $650 billion in February as onchain payments draw demand, Grayscale says
Solana's record monthly stablecoin transaction volume follows growing appetite for retail payments infrastructure over memecoins.
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The Block News Feed
Stablecoin payments startup Cyclops raises $8 million from Castle Island Ventures, F-Prime and Shift4
The Block
Stablecoin payments startup Cyclops raises $8 million from Castle Island Ventures, F-Prime and Shift4
Cyclops wants to help payments companies offer stablecoin settlement to merchants without blockchain infrastructure.
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The Block News Feed
Backpack taps Superstate for IPO roadshow tokenization offering, opens waitlist
The Block
Backpack taps Superstate for IPO roadshow tokenization offering, opens waitlist
Users will be able to purchase official IPO shares with “real, direct ownership on Solana," through a partnership with Superstate.
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Strategy’s STRC emerging as ‘backbone’ of yield-backed stablecoin ecosystem: Benchmark
The Block
Strategy’s STRC emerging as ‘backbone’ of yield-backed stablecoin ecosystem: Benchmark
Strategy raised STRC’s monthly dividend to 11.5%, part of a mechanism designed to keep the preferred shares trading near their $100 par value.
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The Block News Feed
Morgan Stanley names Coinbase and BNY as custodians in proposed bitcoin ETF filing update
The Block
Morgan Stanley names Coinbase and BNY as custodians in proposed bitcoin ETF filing update
Morgan Stanley's updated S-1 filing named Coinbase and BNY as custodians for its proposed bitcoin exchange-traded product.
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The Block News Feed
Sui joins stablecoin race with USDsui mainnet launch
The Block
Sui joins stablecoin race with USDsui mainnet launch
The core developer behind Sui designed the network to outperform other blockchains in terms of speed and scalability.
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The Block News Feed
Trump’s social media post on crypto bill ‘not enough’ to move legislation, TD Cowen says
The Block
Trump's social media post on crypto bill 'not enough' to move legislation, TD Cowen says
Trump's direct involvement is required, but it is hard to see that occurring while the U.S. is in armed conflict with Iran, TD said.
The Block News Feed
Bank groups ‘deeply concerned’ after Fed grants Kraken master account
The Block
Bank groups ‘deeply concerned’ after Fed grants Kraken master account
Some crypto advocates argue the decision could open the door to payment-focused financial institutions that operate without traditional deposit-lending models.
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The Block News Feed
The Daily: White House crypto advisor Patrick Witt slams Jamie Dimon’s stablecoin yield logic as Trump takes clear side in the debate, and more
The Block
The Daily: White House crypto advisor Patrick Witt slams Jamie Dimon's stablecoin yield logic as Trump takes clear side in the…
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
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The Block News Feed
Bitcoin taps $74,000 as crypto market rally lifts Dogecoin, Coinbase and more
The Block
Bitcoin taps $74,000 as crypto market rally lifts Dogecoin, Coinbase and more
Crypto-linked equities outpaced the broader market rally, with Gemini shares jumping about 34% and Coinbase climbing roughly 15%.
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Zerohash seeks national trust bank charter from OCC
The Block
Zerohash seeks national trust bank charter from OCC
The firm wants to be able to provide services like custody over digital assets, fiat currency, and other assets.
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A16z looks to raise $2 billion for its fifth crypto fund: Fortune
The Block
A16z looks to raise $2 billion for its fifth crypto fund: Fortune
A16z's previous four crypto funds topped $7.6 billion, including its massive $4.5 billion Crypto Fund 4 in 2022.
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The Block News Feed
SEC submits framework to White House on applying securities laws to crypto assets
The Block
SEC submits framework to White House on applying securities laws to crypto assets
The SEC has submitted commission-level interpretive guidance, which is currently at the prerule stage undergoing interagency review.
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SOL Strategies shares jump 20% as firm posts validator network growth
The Block
SOL Strategies shares jump 20% as firm posts validator network growth
The company said its validator network grew to 33,568 unique wallets in February, up from about 31,000 announced earlier in the month.
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‘Straight up anti-American’: Eric Trump slams banks for lobbying against stablecoins
The Block
'Straight up anti-American': Eric Trump slams banks for lobbying against stablecoins
White House advisor Patrick Witt also recently pushed back against JPMorgan CEO Jamie Dimon’s comments on the topic.
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The Block News Feed
X user ‘Sillytuna’ claims $24 million stolen in violent crypto attack
The Block
X user 'Sillytuna' claims $24 million stolen in violent crypto attack
The X account of trader 'Sillytuna' claimed that roughly $24 million in cryptocurrency was stolen in a violent attack.
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The Block News Feed
Sen. Murphy alleges White House ‘insiders’ profited from Iran strike bets, pushes to ban prediction markets on government actions
The Block
Sen. Murphy alleges White House 'insiders' profited from Iran strike bets, pushes to ban prediction markets on government actions
Sen. Murphy plans legislation banning prediction market bets on government actions after $1 million in profits tied to Iran strike contracts.
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