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Bitcoin edged higher on Thursday as crypto markets tried to stabilize following days of ETF redemptions and retail selling, while the U.S. Federal Reserve’s latest minutes reinforced policymakers’ preference for more evidence before committing to further rate cuts.Bitcoin climbed 2.7% to around $93,…
Samourai Wallet co-founder William Lonergan Hill was sentenced to four years in prison for his role in operating a crypto mixing service that prosecutors said helped criminals "wash millions in dirty money," according to a statement from the U.S. Attorney's Office. Hill was sentenced on Wednesday in…
Bullish (BLSH) stock dipped 8% on Wednesday following the publication of its third-quarter results, showing the crypto exchange brought in record revenue after introducing spot markets in the U.S. and options trading.The firm recorded $18.5 million in net income in the third quarter, up from a $67.3…
Bitcoin extended its decline on Wednesday, falling to roughly $88,600, its lowest level since April and more than 5% below where it opened 2025.The move coincided with the release of the Federal Reserve’s October meeting minutes, which emphasized “two-sided risks” facing the economy and showed offic…
Saudi real estate developer Dar Global seeks to finance much of its new Trump-branded hotel in the Maldives by tokenizing the estate and selling the tokens to U.S. retail investors, Reuters reported.Dar Global CEO Ziad El Chaar told Reuters that the developer will tokenize up to 70% of its luxury re…
Switzerland-based fintech company Taurus is partnering with crypto data firm Kaiko, giving institutions "regulator-ready market information to support their digital asset activities," according to a release shared with The Block.Kaiko sources and standardizes data from over 100 centralized and decen…
Canaan reported its strongest results in years on Tuesday, returning to positive gross profit and more than doubling revenue as both mining machine sales and self-mining accelerated in the third quarter.The stock (ticker CAN) rose roughly 18% by mid-morning, just shy of $1, according to The Block's …
Filecoin research and development team FilOz and the Filecoin Foundation have unveiled Filecoin Onchain Cloud, a decentralized cloud platform designed to create more resilient onchain applications. Announced at the Devconnect event in Argentina, the public launch coincided with a major Cloudflare ou…
A merger designed to form a Hyperliquid digital asset treasury (DAT) with aspirations of raising $1 billion will take at least another two weeks to complete."Annoyingly we have to delay the shareholder vote for two weeks," Hyperliquid Strategies David Schamis posted to X on Tuesday. "In order to clo…
Social media hacker Joseph James O'Connor is going to have to give back the over $5.3 million worth of bitcoin he made from a SIM-swapping scheme involving accounts from former President Barack Obama to Amazon founder Jeff Bezos. In 2023, O'Connor, 26, pleaded guilty in the U.S. on multiple charges …
Blockchain.com, one of the oldest surviving crypto companies, appointed a new co-CEO on Monday to serve as a U.S.-based complement to Executive Chairman and CEO Peter Smith, who operates out of the firm’s London office. Co-CEO Lane Kasselman is helping to build out the firm’s new U.S. headquarters i…
The White House is reviewing a proposed rule that would grant the Internal Revenue Service access to information on U.S. taxpayers’ digital asset transactions conducted in foreign jurisdictions.The rule was received by the Office of Information and Regulatory Affairs on Friday. The office is part of…