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NYSE-listed DDC Enterprise has secured $124 million in equity financing to accelerate its bitcoin accumulation strategy, the company said Tuesday.The round was led by PAG Pegasus Fund and Mulana Investment Management, with additional backing from OKG Financial Services. Founder and CEO Norma Chu als…
BNB has been one of the best-performing major cryptocurrencies in the second half of this year. The price of BNB has increased by roughly 80% in the last three months alone. In fact, the token just flipped XRP to become the third-largest cryptocurrency by market capitalization.The impressive rise in…
Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, is in advanced talks to invest $2 billion in Polymarket in a deal that could value the company between $8 billion and $10 billion.A deal could be announced as soon as Tuesday, although details remain undecided, accor…
ZKsync has rolled out the Atlas upgrade to its ZK Stack, aiming to provide faster and more flexible infrastructure for enterprises and institutions moving operations onchain.The release introduces a new high-performance sequencer capable of handling 25,000 to 30,000 transactions per second, along wi…
BitMine Immersion Technologies (ticker BMNR) said Monday its ether holdings have climbed to about 2.83 million tokens, lifting its combined crypto and cash stash to $13.4 billion as the largest corporate ETH treasury.The Block has previously reported BitMine’s ether accumulation blitz — from 566,776…
The Ethereum Foundation said Friday it will swap 1,000 ETH (approximately $4.5 million) for stablecoins to fund growth.Using CoWSwap's TWAP feature, the organization said converting the ether into stablecoins will help it fuel "ongoing work to fund R&D, grants and donations, and to highlight the pow…
Most major markets could establish a framework for asset tokenization in the next five years, Robinhood CEO Vlad Tenev said during an on-stage discussion at Singapore's Token2049 conference on Thursday."I think tokenization is like a freight train," Tenev said. "It can't be stopped and eventually it…
The GMCI memecoin index has remained relatively stagnant at around 220 over the past several months, representing a significant decline from its peak of 600 reached during the height of last year's speculative fervor when tokens like Fartcoin, BONK, and WIF captured the majority of retail trading at…
The U.S. Treasury Department and IRS clarified Tuesday that corporations can exclude unrealized gains on digital assets when calculating liability under the 15% corporate alternative minimum tax.The move is particularly significant for Nasdaq-listed Strategy (ticker: MSTR), which has long flagged th…
Stani Kulechov, founder and CEO of DeFi lender Aave, said that low interest rates will set grounds for DeFi to prosper."I think every single rate cut by a central bank, whether it's by the Fed or ECB … is basically additional arbitrage for these DeFi yields," Kulechov said during a discussion at Sin…
Payments giant Stripe said Tuesday it's going to make it possible for any business to launch their own stablecoin.The new product, called Open Issuance, "enables any business to launch and manage their own stablecoin with just a few lines of code," Stripe said in a statement. The new service will be…
Former U.S. Securities and Exchange Commission Chair Gary Gensler is facing lawmakers' scrutiny over texts that were deleted during his tenure.In a letter sent to the current SEC Chair Paul Atkins, Republican Reps. French Hill, Dan Meuser, Bryan Steil, and Ann Wagner said they were concerned about t…