Articles from www.theblock.co

Articles from www.theblock.co

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

Eric Trump says the TRUMP memecoin team and Magic Eden have canceled the $TRUMP Wallet; Trump's World Liberty Financial reportedly sent them a cease-and-desist (www.theblock.co)
2025-6-7 Trump

Conduit, whose cross-border payments network integrates stablecoins and local currencies, raised a $36M Series A co-led by Dragonfly and Altos Ventures (www.theblock.co)
2025-5-29

Filing: GameStop acquires 4,710 bitcoin for its corporate treasury, but does not disclose the total purchase amount, after announcing a bitcoin plan in March (www.theblock.co)
2025-5-28 Bitcoin

Polygon cofounder Mihailo Bjelic steps down from the project's development studio, Polygon Labs, and from the foundation board, marking the third founder exit (www.theblock.co)
2025-5-24

An Alabama man is sentenced to 14 months in prison for hacking SEC's X account in 2024 and posting a false announcement that the SEC had approved bitcoin ETFs (www.theblock.co)
2025-5-17 Bitcoin ETF

Coinbase Derivatives, the company's CFTC-regulated derivatives arm, launches 24/7 Bitcoin and Ethereum futures trading for retail and institutional users (www.theblock.co)
2025-5-10 Bitcoin Retail Ethereum Coinbase CFTC

The US OCC says banks can buy and sell customers' crypto assets on their behalf and can outsource crypto custody and trade execution services to third parties (www.theblock.co)
2025-5-8 Asset

New Hampshire becomes the first US state to pass a “Strategic Bitcoin Reserve” bill, permitting public fund investment in BTC, either directly or through an ETF (www.theblock.co)
2025-5-7 Bitcoin ETF

DeFi company IntoTheBlock and financial services company Trident Digital announce they are merging to form Sentora and have raised a $25M Series A (www.theblock.co)
2025-5-7

Several Senate Democrats, key to the passage of a landmark stablecoin bill, withdraw support for the bill “as it currently stands” (www.theblock.co)
2025-5-5 Democrat Senate

Tether says its “total exposure” to US Treasurys had neared $120B at the end of March, and reports $1B+ in Q1 operating profit from traditional investments (www.theblock.co)
2025-5-2

Symbiotic, which is building a “universal staking” platform after starting as a restaking protocol on Ethereum, raised a $29M Series A led by Pantera Capital (www.theblock.co)
2025-4-26 Ethereum

Interfax: Russia's Central Bank and Finance Ministry plan to launch a crypto exchange for “highly qualified investors” under an experimental legal regime (www.theblock.co)
2025-4-24 Russia

Researcher: the official SDK JS library for interacting with the XRP Ledger, with 140K+ weekly downloads, was compromised; XRP Ledger Foundation says it's fixed (www.theblock.co)
2025-4-23 XRP

Sources: BOA, principally lobbying through trade associations, is pushing US lawmakers for rules favoring banks over tech companies in stablecoin issuance (www.theblock.co)
2025-4-19

Auradine, which manufactures Bitcoin miners and offers AI infrastructure, raised a $153M Series C, with $138M in equity and $15M in debt, led by StepStone Group (www.theblock.co)
2025-4-17 Bitcoin AI Equity

Crypto exchange Kraken begins rolling out commission-free trading for over 11,000 US-listed stocks and ETFs, initially in nine US states and DC (www.theblock.co)
2025-4-15 ETF

Block reaches a $40M settlement with NYDFS for critical gaps in its AML program, particularly concerning risk-based controls and customer due diligence (www.theblock.co)
2025-4-11

The US SEC says that “covered” US dollar stablecoins like USDT and USDC are not securities, and registration is not required for minting or redeeming them (www.theblock.co)
2025-4-5

FDUSD stablecoin depegs 9% after Justin Sun raises concerns over Hong Kong-based First Digital Trust's solvency; Binance alone holds ~$2.2B worth of FDUSD (www.theblock.co)
2025-4-3 Hong Kong

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