In its prospectus for an initial public offering, Circle said on Tuesday that in 2023, it acquired "the remaining outstanding 50% equity interest in Centre Consortium" from Coinbase for $210 million worth of shares.Centre Consortium was a joint ventu
Autonomy, debanking and cancel culture are the three big reasons why the Trump family has been doubling down on their exposure to the crypto industry, Eric Trump, the second-oldest son of the sitting president, said in an interview with Maria Bartiro
American Bitcoin, the firm backed by Bitcoin miner Hut 8 and Trump-helmed data infrastructure company American Data Centers, plans to go public, according to Bloomberg. The long-term vision is for American Bitcoin to be "two sister publicly traded co
The Uniswap DAO has voted to continue its âtreasury delegation program,â which could allocate up to 18 million UNI tokens â worth approximately $113.4 million at current prices â to selected delegates, according to a preliminary governance vote that
Video game retailer GameStop said Tuesday that it has raised $1.5 billion from a private offering of convertible notes, which it plans to use to buy bitcoin.In a filing with the U.S. Securities and Exchange Commission, the company said it had complet
Bitcoin Policy Institute, a think tank dedicated to studying the future of money, on Monday proposed that the United States adopt bitcoin-enhanced Treasury Bonds, or "BitBonds," as an innovative fiscal tool to address multiple critical objectives, in
Backpack Exchange, which acquired FTX EU, the European arm of the bankrupt exchange run by Sam Bankman-Fried, has initiated "asset recovery" for former customers.On Tuesday, the company posted a link on X that former FTX EU customers can use to ident
The U.S. government currently has no plans to adopt Dogecoin, Elon Musk said Sunday."There are no plans for the government to use Dogecoin or anything as far as I know," Musk said during a town hall meeting hosted by the America PAC, which he created
Bitcoin dominance has continued its upward trajectory, currently sitting at 58.8% â a significant climb from December's low of 51% â marking the highest level since early 2021.This metric, which measures Bitcoin's market capitalization relative to th
Episode 512 of The Scoop was recorded with The Block's Frank Chaparro and Tezos Co-Founder Arthur Breitman.Listen below, and subscribe to The Scoop on YouTube, Apple, Spotify, Google Podcasts, Stitcher or wherever you listen to podcasts. Please send
New York Attorney General Letitia James and Mike Novogratzâs Galaxy Digital have agreed to a $200 million settlement regarding alleged violations committed by the firm in promoting the collapsed cryptocurrency TerraLuna.Galaxy Digital allegedly maske
Spot bitcoin exchange-traded funds in the U.S. extended their positive flow streak to 10 days on Thursday, marking the longest inflow run since December last year."This suggests that while institutions are not aggressively risk-on, there is still dem
Episode 20 of The Crypto Beat was recorded with The Block Editor-In-Chief Tim Copeland and Superfluid Co-Founder & CEO Fran Renzi.Listen below, and subscribe to The Crypto Beat on YouTube, Apple, Spotify, Twitch, or wherever you listen to podcasts. P
GameStop is making a high-stakes bet on Bitcoin, adding the cryptocurrency to its corporate treasury and issuing $1.3 billion in convertible debt to fund the move, but some investors see more risk than reward.The longtime meme stock favorite is also
Ethereum developers activated the Pectra upgrade on the Hoodi testnet on Wednesday as part of Ethereum's methodical approach to achieving a stable mainnet deployment.The move is potentially the final planned test before it is possible to be deployed
Bitwise Chief Investment Officer Matt Hougan said that President Trump's recent signing of an executive order to establish a Strategic Bitcoin Reserve in the U.S. has removed the "last existential risk" for an asset that now represents 1.3% of the es
Ripple has decided not to file a cross-appeal, signaling that its long-running legal battle with the U.S. Securities and Exchange Commission is nearing an end, the firm's chief legal officer said Wednesday.Ripple Chief Legal Officer Stuart Alderoty p
The U.S. Securities and Exchange Commission has closed yet another investigation into a crypto firm, this time an investigation it lodged against the Australian crypto company Immutable. The company received a Wells notice in October involving Immuta
Crypto exchange giant Binance has identified a market maker for Movement that allegedly dumped millions of MOVE tokens following its launch, freezing the entity's profits.In a statement on Tuesday, Binance said the actor was associated with another m
Defunct crypto exchange Mt. Gox moved over 11,501 BTC, worth around $1.01 billion, to an unmarked wallet address and an exchange hot wallet on Monday, according to data from Arkham Intelligence.At around 8:21 p.m. ET, Mt. Gox transferred a total of 1