Articles from www.theblock.co

Articles from www.theblock.co

Wyoming launches a stablecoin, FRNT, marking the first time a US state has issued a blockchain-based, fiat-pegged token to be used by retail and enterprises (www.theblock.co)
1 day ago Blockchain Retail

Robinhood, in partnership with Kalshi, launches a sports prediction market on Robinhood Derivatives, letting users trade on pro and college football games (www.theblock.co)
1 day ago

Arkham Intelligence: SpaceX now holds 8,285 bitcoin, valued at ~$1.02B, down from 28,000 bitcoin worth $1.8B in April 2021 after cutting its holdings in 2022 (www.theblock.co)
7 days ago Bitcoin Intelligence SpaceX

eToro reports Q2 crypto revenue up 17% YoY to $1.9B, assets under administration up 54% to $17.5B, and adjusted non-GAAP net income up 23% to $54.2M (www.theblock.co)
8 days ago Asset

Circle reports Q2 revenue up 53% YoY to $658M, USDC circulation up 90% YoY to $61.3B, a $482M net loss, and unveils Arc, a stablecoin-focused Layer-1 blockchain (www.theblock.co)
9 days ago Blockchain

Tether acquires a minority stake in MiCA-licensed Spanish crypto exchange Bit2Me and is leading a €30M funding round that will close in the coming weeks (www.theblock.co)
14 days ago Spain

Arkham Intelligence claims to have uncovered a previously undisclosed heist of 127,426 BTC, now worth ~$14.5B, from Chinese mining pool LuBian in December 2020 (www.theblock.co)
14 days ago China Intelligence

Coinbase adds Embedded Wallets to its Wallet SDK, letting developers integrate wallets into their apps with a few lines of code, with onramps and swaps support (www.theblock.co)
14 days ago Coinbase

The UK's Financial Conduct Authority plans to allow retail investors to access crypto exchange-traded notes, dubbed cETNs, on FCA-approved, UK-based exchanges (www.theblock.co)
20 days ago Retail

Tether reports Q2 net profit of $4.9B, a quarterly record, and says it held nearly $9B in bitcoin at the end of the quarter (www.theblock.co)
21 days ago Bitcoin

Stable, which is building a new Layer 1 blockchain for stablecoins, raised a $28M seed co-led by Bitfinex and Hack VC (www.theblock.co)
21 days ago Blockchain

RD Technologies, which is developing a stablecoin backed by Hong Kong dollar, raised $40M ahead of HK's stablecoin licensing regime set to take effect on Aug. 1 (www.theblock.co)
22 days ago Hong Kong

eToro says it's launching tokenized US equities, ETF, and futures trading via ERC-20 tokens, citing regulatory clarity from the US' Genius Act and the EU's MiCA (www.theblock.co)
23 days ago ETF Equity

Tether says it has ~250K Tether Gold tokens in circulation as of Q2 2025, backed 1:1 by a troy ounce of physical gold; the stablecoin was launched in Jan. 2020 (www.theblock.co)
27 days ago

In Yuga Labs vs. Ryder Ripps, an appeals court rules that NFTs are “goods” that can get trademark protection but sends the case back to a lower court (www.theblock.co)
28 days ago

Poseidon, an AI-focused decentralized data layer built on the Story protocol, raised a $15M seed led by a16z (www.theblock.co)
29 days ago AI Decentralize

Decentralized messaging protocol XMTP developer Ephemera raised a $20M Series B at a $300M equity and $750M network valuation, following a $20M Series A in 2021 (www.theblock.co)
2025-7-18 Equity Decentralize

Coinbase rolls out the Base App, rebranding its Coinbase Wallet as an “everything app” that combines social networking, mini-apps, chat, payments, and trading (www.theblock.co)
2025-7-17 Coinbase

In response to a March FOIA request, the US Marshals Service said it held over 28,988 BTC, worth ~$3.4B at current prices, far fewer than previously believed (www.theblock.co)
2025-7-17

SharpLink Gaming, a Nasdaq-listed online gambling marketing company, becomes the largest corporate ether holder with 280,706 ETH, surpassing Ethereum Foundation (www.theblock.co)
2025-7-16 Ethereum ETH

Crypto PAC Fairshake says it has raised $109M since the US elections in November 2024, and $52M in H1 2025, as it prepares for the 2026 US midterm elections (www.theblock.co)
2025-7-16

Crypto asset manager Grayscale confidentially files draft IPO paperwork with the US SEC, offering few details; the DCG subsidiary manages $30B+ (www.theblock.co)
2025-7-15 IPO Asset

Pump.fun raised $500M via a sale of PUMP tokens, which sold out in 12 minutes; it offered 12.5% of its total token supply at a fully diluted valuation of $4B (www.theblock.co)
2025-7-13

The US Senate confirms Jonathan Gould to lead the Office of the Comptroller of the Currency; Gould was previously the chief legal officer at Bitfury (www.theblock.co)
2025-7-11 Senate

DefiLlama: monthly DeFi fees have risen to $577M from an April low of $366M, with major protocols generating $275M through automated market-making services (www.theblock.co)
2025-7-6

Distinct Possibility, a gaming studio launched by EverQuest co-creator to build a web3 shooter on Etherlink, a Layer 2 network built on Tezos, raised $30.5M (www.theblock.co)
2025-7-5

Barclays will block crypto purchases made with credit cards starting June 27, citing volatility and lack of consumer protections, following other UK lenders (www.theblock.co)
2025-6-26 Credit Card

Chainlink and Mastercard announce a partnership to enable card users to buy crypto “directly onchain through a secure fiat-to-crypto conversion” (www.theblock.co)
2025-6-25

Yupp, which rewards users in crypto for comparing answers from multiple AI models and giving feedback, emerges from stealth with a $33M seed led by a16z crypto (www.theblock.co)
2025-6-14 AI

Polygon co-founder Sandeep Nailwal is named CEO of the Polygon Foundation after the departure of Mihailo Bjelic, and unveils changes to streamline the nonprofit (www.theblock.co)
2025-6-12

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