DeFi Wizards - The Block, block, crypto, defi, ethena, rich, Crypto

DeFi Wizards

Episode 2 of The Big Brain Podcast, hosted by The Block's CEO Larry Cermak and MegaETH CSO Namik Muduroglu, was recorded with Ethena Founder Guy Young and Sky Protocol Co-Founder Rune Christensen.Listen below, and subscribe to The Big Brain Podcast o

Coinbase sees bullish crypto outlook for 2025, but flags ‘systemic risks’ from leveraged corporate bitcoin bets - The Block, eth, sec, genius, litecoin, solana, bitcoin, xrp, crypto, stable, dogecoin, Crypto

Coinbase sees bullish crypto outlook for 2025, but flags ‘systemic risks’ from leveraged corporate bitcoin bets

Crypto markets are set for a constructive second half of 2025, underpinned by improved U.S. economic growth expectations, potential Fed rate cuts, rising corporate treasury adoption, and greater regulatory clarity, according to Coinbase Institutional

a16z crypto leads $33 million seed round for Yupp as it exits stealth to build crypto-incentivized AI model evaluation platform - The Block, base, solana, ai, crypto, grok, Crypto

a16z crypto leads $33 million seed round for Yupp as it exits stealth to build crypto-incentivized AI model evaluation platform

AI startup Yupp has emerged from stealth, with a16z crypto announcing it led a $33 million seed funding round for the free platform that lets users compare answers from top AI models, including ChatGPT, Claude, Gemini, Grok, DeepSeek, and Llama, usin

GameStop upsizes private offering to $2.25 billion despite stock slump amid bitcoin treasury plans - The Block, notes, gme, Crypto, april, zero, one

GameStop upsizes private offering to $2.25 billion despite stock slump amid bitcoin treasury plans

GameStop announced the pricing of its private offering of zero-coupon convertible senior notes late Thursday, upsizing the deal from $1.75 billion to $2.25 billion.The notes are unsecured, pay no interest, and don't accrue value, but can convert into

Walmart and Amazon consider issuing US dollar-backed stablecoins: WSJ - The Block, block, stablecoin, tether, senate, crypto, Crypto, donald trump, usdc, house, circle

Walmart and Amazon consider issuing US dollar-backed stablecoins: WSJ

Walmart and Amazon are exploring plans to issue their own U.S. dollar-backed stablecoins to reduce payment friction, speed up settlement, and lower costs tied to traditional financial rails, The Wall Street Journal reported Friday.Both companies are

SEC officially scraps Gary Gensler-era DeFi exchange, custody rule proposals - The Block, sec, Crypto, gensler, rule, crypto, donald trump, esg, defi

SEC officially scraps Gary Gensler-era DeFi exchange, custody rule proposals

The Securities and Exchange Commission (SEC) has formally withdrawn several proposed rules introduced during former Chair Gary Gensler's leadership that sought to restrict crypto-related activities, according to official notices published Thursday.Th

US stablecoin market could exceed $2 trillion projection by end of 2028, thinks Treasury Secretary Bessent - The Block, Crypto, circle, donald trump, trump, stablecoin, usdc, senate

US stablecoin market could exceed $2 trillion projection by end of 2028, thinks Treasury Secretary Bessent

U.S. Treasury Secretary Scott Bessent said in a Wednesday Senate hearing that the U.S. dollar-backed stablecoin market has the potential to surpass $2 trillion in the next three years.Bessent's comment came as he affirmed a remark from the Senate App

Pudgy Penguins and NASCAR partner to bring cuddly crypto birds closer to race fans - The Block, crypto, nft, Crypto, pengu, target, block

Pudgy Penguins and NASCAR partner to bring cuddly crypto birds closer to race fans

Pudgy Penguins and NASCAR are off to the races.The popular and still-relevant NFT collection took to social media on Wednesday to announce the partnership, although few details were provided."We’re happy to announce that we will be partnering with NA

The Daily: XRP Ledger set to launch Ethereum-compatible sidechain, Stripe doubles down on crypto acquisitions, and more - The Block, ethereum, xrp, crypto, Crypto, sec, trump, polygon, bitcoin, aptos, bridge, circle, launch, block

The Daily: XRP Ledger set to launch Ethereum-compatible sidechain, Stripe doubles down on crypto acquisitions, and more

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.Happy Wednesday! Bitcoin held firm near all-time highs this morning, with the latest U.S. CPI data coming in lower than expected amid Presi

Circle’s IPO frenzy sets new precedent for crypto firms eyeing public listings - The Block, crypto, Crypto, usdc, circle, block

Circle’s IPO frenzy sets new precedent for crypto firms eyeing public listings

Circle’s public debut on June 5 under the ticker CRCL marked a milestone for crypto-native firms seeking validation in traditional equity markets. The stablecoin issuer opened at $31 per share and surged 235% during its first trading session, closing

Cornell Tech debuts Liquifaction working use case to let users borrow tokens without ownership - The Block, nft, Crypto, dao, tee, ape, block

Cornell Tech debuts Liquifaction working use case to let users borrow tokens without ownership

Cornell Tech researchers have debuted a use case for a cutting-edge concept that challenges a core assumption of blockchain security: that only private key holders can control digital assets. The application, called Take My Ape, uses a process known

US Senate votes to move forward with GENIUS Act as stablecoin legislation picks up speed - The Block, senate, crypto, trump, house, Crypto, may, tether, bitcoin, one, stablecoin, genius, donald trump

US Senate votes to move forward with GENIUS Act as stablecoin legislation picks up speed

The U.S. Senate voted 68 to 30 to move forward with legislation to regulate stablecoins setting it up for an imminent final vote. The Senate voted on Wednesday to invoke cloture on the Guiding and Establishing National Innovation for U.S. Stablecoins

Coinbase to list the Fartcoin, Subsquid and PancakeSwap tokens - The Block, solana, goat, crypto, Crypto, trump, data, second, cake, block, sqd, subsquid, ai, donald trump, pancakeswap, april

Coinbase to list the Fartcoin, Subsquid and PancakeSwap tokens

U.S. crypto exchange Coinbase plans to add support for the popular memecoin Fartcoin, the DEX PancakeSwap's utility token CAKE, and the SQD token from the AI data network Subsquid, the company wrote on the social media platform X, as altcoins see bol

Former Ethereum Foundation researcher Péter Szilågyi says he rejected $5 million to spin out Geth Ethereum client - The Block, ethereum, Crypto, second, geth, one, eth

Former Ethereum Foundation researcher Péter Szilågyi says he rejected $5 million to spin out Geth Ethereum client

Péter Szilågyi, a former Ethereum Foundation researcher and lead developer of Geth, claims he turned down a $5 million offer to spin out the Ethereum core client as a private company, according to a series of posts on X this week. He also alleged the

Bitcoin miner IREN unveils proposed $450 million convertible notes offering - The Block, ai, million, Crypto, three, block, data

Bitcoin miner IREN unveils proposed $450 million convertible notes offering

IREN, a Nasdaq-listed company focused on bitcoin mining and AI, announced plans to raise $450 million through a private offering of convertible senior notes to qualified institutional investors.The company may also offer an additional $50 million to

US Senate set for GENIUS stablecoin bill vote this Wednesday: Bloomberg - The Block, senate, crypto, Crypto, block

US Senate set for GENIUS stablecoin bill vote this Wednesday: Bloomberg

Senate Majority Leader John Thune has set the stage for a key procedural vote Wednesday on the GENIUS Act, a landmark piece of legislation aimed at regulating stablecoins, Bloomberg reported.Thune filed cloture on Monday on the underlying bill — the

New York resident allegedly launders $530 million from Russia into U.S. using crypto firm as ‘covert pipeline’ - The Block, Crypto, crypto, usdt, tether, bank

New York resident allegedly launders $530 million from Russia into U.S. using crypto firm as ‘covert pipeline’

Iurii Gugnin, a 38-year-old New York resident and Russian national, was arrested and arraigned in New York on Monday on charges related to wire fraud, bank fraud, and money laundering, among other alleged crimes, according to an 22-count indictment f

Paraguay president’s X account appears compromised with claim country makes Bitcoin legal tender - The Block, second, bitcoin, one, Crypto, crypto

Paraguay president’s X account appears compromised with claim country makes Bitcoin legal tender

It appears that the President of Paraguay's X account has been compromised to post a scam Bitcoin harvesting scheme, according to a suspicious message on Monday. Minutes after the post went live, Reuters reported that President Santiago Peña’s accoun

SEC Chair Paul Atkins says the right to self-custody is a ‘foundational American value’ - The Block, spirit, sec, one, Crypto, crypto, self, donald trump

SEC Chair Paul Atkins says the right to self-custody is a ‘foundational American value’

U.S. Securities and Exchange Commission Chairman Paul Atkins is turning a new page at the agency in how it views self-custody, describing it as a "foundational American value."In remarks delivered Monday at the SEC’s final Crypto Task Force Roundtabl

Uphold exploring IPO while courting XRP-avid US consumers, CEO says - The Block, xrp, vault, circle, Crypto, block, crypto

Uphold exploring IPO while courting XRP-avid US consumers, CEO says

Fresh off a trip to Las Vegas, where Uphold and CEO Simon McLoughlin promoted initiatives aimed at wooing U.S. consumers who fancy XRP, the company is now exploring an initial public offering. McLoughlin told The Block that Uphold's board has "appoin