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The Block News Feed
Frank DeGods announces retirement from popular y00ts and DeGods NFT projects
The Block
Frank DeGods announces retirement from popular y00ts and DeGods NFT projects
The creator of the DeGods and y00ts NFT series said he is "not ‘on the run’" while announcing his retirement.
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Anchorage Digital acquires Mountain Protocol as stablecoin issuer sunsets USDM
The Block
Anchorage Digital acquires Mountain Protocol as stablecoin issuer sunsets USDM
The acquisition coincides with Mountain Protocol’s decision to sunset USDM, which has seen its supply constrict to $50 million.
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Trump memecoin gala dinner winners locked in with promise of background checks
The Block
Trump memecoin gala dinner winners locked in with promise of background checks
Winners that maintain their holdings up until the gala dinner will win a Trump Diamond Hand limited edition NFT.
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There is more USDT in circulation than ever as Tether supply crosses $150 billion mark
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There is more USDT in circulation than ever as Tether supply crosses $150 billion mark
The company has issued over $73 billion worth of USDT tokens on Tron, the first time it surpassed the amount circulated on Ethereum.
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COIN jumps 8% on news Coinbase will become the first pure-play crypto firm to join S&P 500 index
The Block
COIN jumps 8% on news Coinbase will become the first pure-play crypto firm to join S&P 500 index
Coinbase, the largest crypto exchange in the U.S., is set to join the S&P 500, making it the first pure-play crypto firm on the benchmark index.
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NYC Mayor Eric Adams wants long-term value with crypto, not to chase ‘memes’
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NYC Mayor Eric Adams wants long-term value with crypto, not to chase 'memes'
The New York City mayor mentioned the potential positive impact crypto and blockchain have on the city's underbanked population.
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Nasdaq-listed GD Culture Group to sell up to $300 million in shares to acquire Bitcoin and TRUMP memecoin
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Nasdaq-listed GD Culture Group to sell up to $300 million in shares to acquire Bitcoin and TRUMP memecoin
GD Culture Group said it has entered into an agreement to sell up to $300 million worth of shares to fund its crypto holding strategy.
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Pump.Fun’s DEX PumpSwap introduces revenue-sharing for token creators
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Pump.Fun’s DEX PumpSwap introduces revenue-sharing for token creators
PumpSwap introduced a revenue-sharing program that allocates 50% of its trading revenue to token creators.
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Arizona Governor Hobbs blocks two crypto bills, citing ‘too much risk’
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Arizona Governor Hobbs blocks two crypto bills, citing 'too much risk'
On the same day, the governor approved a bill imposing stricter rules on crypto kiosk providers to help prevent crypto fraud.
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Curve Finance’s front-end targeted in DNS attack on website
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Curve Finance's front-end targeted in DNS attack on website
DeFi DEX Curve Finance alerted users to a DNS exploit on its website, its second domain issue in three years.
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‘First they fight you, then add you to the S&P 500’: Coinbase could see $9 billion in passive inflows, Bernstein says
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'First they fight you, then add you to the S&P 500': Coinbase could see $9 billion in passive inflows, Bernstein says
Coinbase is set to join the S&P 500 — a move that could see billions of dollars allocated to COIN, according to analysts at Bernstein.
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Dubai’s finance department signs MOU with Crypto.com to enable crypto payments for government services
The Block
Dubai’s finance department signs MOU with Crypto.com to enable crypto payments for government services
Dubai is tapping Crypto.com to realize its cash strategy by allowing residents and businesses pay government fees in cryptocurrency.
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Galaxy Digital finalizes US move ahead of planned Nasdaq listing this week, posts $295 million Q1 net loss
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Galaxy Digital finalizes US move ahead of planned Nasdaq listing this week, posts $295 million Q1 net loss
The firm reported a Q1 net loss of $295 million, driven by a slump in digital asset prices and a mining-related impairment charge.
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Robinhood to acquire Canadian crypto trading platform WonderFi for around $179 million
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Robinhood to acquire Canadian crypto trading platform WonderFi for around $179 million
The $179 million offer by Robinhood Markets represents a 71% premium to WonderFi's 30-day average share price.
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Yuga Labs sells CryptoPunks IP to nonprofit Infinite Node Foundation
The Block
Yuga Labs sells CryptoPunks IP to nonprofit Infinite Node Foundation
Yuga Labs sold the CryptoPunks IP following the community backlash of a derivative project and criticism over its handling of the series.
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VanEck, Securitize launch tokenized US Treasury fund across four blockchains
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VanEck, Securitize launch tokenized US Treasury fund across four blockchains
While leveraging "Securitize's integrated services" the VBILL fund is initially available on Avalanche, BNB Chain, Ethereum, and Solana,
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Crypto equities surge as US inflation prints three-month cooling streak; ‘catch-up rally’ expected, analyst says
The Block
Crypto equities surge as US inflation prints three-month cooling streak; 'catch-up rally' expected, analyst says
Stocks related to blockchain and U.S. tech companies may play catch-up while BTC takes a breather before ATH as inflation softens.
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BitGo to manage e-commerce firm Upexi’s growing Solana treasury worth over $100 million
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BitGo to manage e-commerce firm Upexi’s growing Solana treasury worth over $100 million
Upexi has a $100 million investment commitment anchored by GSR to buy and stake as many SOL tokens as possible.
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$670 million in short liquidations mark year’s largest wipeout, with altcoins driving weekend volatility
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$670 million in short liquidations mark year's largest wipeout, with altcoins driving weekend volatility
The surge in short liquidations was driven by significant increases in the price of BTC, ETH, and altcoins amid talks between U.S. and China.
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Paris police hunt armed suspects after attempted kidnapping of crypto entrepreneur’s daughter, grandchild
The Block
Paris police hunt armed suspects after attempted kidnapping of crypto entrepreneur's daughter, grandchild
The news marks the fifth known "wrench attack" in France since the start of the year amid a rising trend of physical threats.