Bitcoin staking platform Acre raises $4 million at $90 million token valuation - The Block, defi, Crypto, acre, bitcoin, fold, million, wormhole, eigenlayer

Bitcoin staking platform Acre raises $4 million at $90 million token valuation

Acre, a bitcoin staking platform that allows users to earn rewards in bitcoin, has raised $4 million in a strategic funding round at a $90 million token valuation.Investors in the round include Draper Dragon, Big Brain Holdings and Orange DAO, Acre s

European Central Bank explores using digital ledgers to settle transactions in central bank money - The Block, bank, Crypto, block, cbdc

European Central Bank explores using digital ledgers to settle transactions in central bank money

The European Central Bank (ECB) laid out plans to establish a payment system to settle transactions in central bank money. The two-track plan includes establishing a settlement platform using central bank money and creating a long-term solution for u

Tether leads $10 million funding in cross-border payments firm MANSA - The Block, million, usdt, Crypto, asia, tether, block, cross

Tether leads $10 million funding in cross-border payments firm MANSA

Cross-border payment services firm MANSA has completed a $10 million financing round led by USDT stablecoin issuer Tether, fueling the company's global expansion.According to a press release, Tether led MANSA’s $3 million pre-seed funding that was co

Japan’s Metaplanet buys 68 BTC to expand holdings to 2,100 BTC - The Block, bitcoin, btc, Crypto, japan, block

Japan’s Metaplanet buys 68 BTC to expand holdings to 2,100 BTC

Japanese investment firm Metaplanet acquired an additional 68 BTC ($6.6 million) to expand its total bitcoin holdings to 2,100 BTC ($203 million), as the company remains bullish on the world's largest cryptocurrency.Metaplanet disclosed on Thursday t

EigenLayer, Polymarket and UMA collaborate on ‘next-gen oracle’ - The Block, eth, oracle, pyth, three, eigenlayer, Crypto, chainlink, ethereum, uma, eigen

EigenLayer, Polymarket and UMA collaborate on ‘next-gen oracle’

EigenLayer, Polymarket and UMA are collaborating to research and potentially explore the development of a next-generation oracle system.The oracle is set to utilize EigenLayer's infrastructure, likely tapping into its restaking mechanism and the EIGE

Dave Portnoy nets over $250,000 by creating and selling ‘Greed’ memecoin - The Block, one, libra, solana, memecoin, davis, Crypto, 2024, donald trump

Dave Portnoy nets over $250,000 by creating and selling ‘Greed’ memecoin

A wallet associated with Barstool Sports founder Dave Portnoy deployed a Solana memecoin named Greed and sold a large chunk of the supply afterward to cause the token to collapse.Analytics firm Lookonchain noted that Portnoy bought $357.9 million wor

Hong Kong explores new token listings, derivatives and staking as global competition increases - The Block, Crypto, 2024, crypto, new

Hong Kong explores new token listings, derivatives and staking as global competition increases

Hong Kong’s top financial regulator has released a new roadmap to further develop its cryptocurrency industry with proper regulation as the region continues its drive to become a crypto hub.The Securities and Futures Commission announced 12 initiativ

Blockaid closes $50 million Series B to expand its machine learning security offerings - The Block, trump, onchain, crypto, million, block, 2024, Crypto, stellar, uniswap, ftx

Blockaid closes $50 million Series B to expand its machine learning security offerings

Onchain security platform Blockaid has raised a $50 million Series B at an undisclosed valuation, according to an announcement released on Tuesday. The round was led by Ribbit Capital, with participation from GV and existing investors, including Vari

SEC acknowledges spot XRP ETF filing from Bitwise - The Block, trump, crypto, second, block, bitcoin, 2024, Crypto, spot, etf, ethereum, sec, xrp

SEC acknowledges spot XRP ETF filing from Bitwise

The U.S. Securities and Exchange Commission acknowledged Tuesday a spot XRP ETF filing from Cboe BZX Exchange, on behalf of Bitwise, to list and trade shares of the Bitwise XRP ETF.In a filing acknowledging the proposal, the SEC asked for comments to

FTX begins initial fund distributions to customers as its bankruptcy recovery forges on - The Block, 2024, Crypto, ftx

FTX begins initial fund distributions to customers as its bankruptcy recovery forges on

An initial batch of customers of bankrupt exchange FTX are beginning to receive their funds over the next few days, with others set to get their share in the coming months.Convenience class customers, those claiming up to $50,000 will begin seeing th

Hyperliquid launches HyperEVM on mainnet to bring ‘general-purpose programmability’ - The Block, jupiter, block, hype, 2024, Crypto, ethereum

Hyperliquid launches HyperEVM on mainnet to bring ‘general-purpose programmability’

The Hyperliquid EVM (or HyperEVM) has gone live, a move the Hyper Foundation describes as "bringing general-purpose programmability" to the network.HyperEVM is a component of the Hyperliquid ecosystem, specifically designed to integrate an Ethereum V

Ethereum client Geth urges validators to update to ‘prevent potential financial loss’ - The Block, geth, block, 2024, Crypto, ethereum

Ethereum client Geth urges validators to update to ‘prevent potential financial loss’

The developers of Geth, the official Go client of the Ethereum blockchain, requested that the network’s validators using version 1.15.1 update to v1.15.2 immediately “to prevent potential financial loss.”The upgrade to version 1.15.2 aims to prevent

Libra memecoin collapse is ‘incredibly damaging to crypto as a whole’ says Redstone COO - The Block, memecoin, 2024, solana, milei, Crypto, crypto, one, libra, block

Libra memecoin collapse is ‘incredibly damaging to crypto as a whole’ says Redstone COO

The collapse of yet another memecoin endorsed by a high-profile individual has raised questions as to how long the crypto market will put up with such chaos.Last month, it was the rise and fall of Official Trump, a memecoin associated with the US Pre

CZ says Binance could sell a minority stake in the company ‘over time’ - The Block, cz, 2024, asia, cex, changpeng zhao, Crypto, media, block

CZ says Binance could sell a minority stake in the company ‘over time’

Founder Binance CEO Changpeng Zhao took to social media on Monday to dispel any rumors the exchange is for sale."Some lowly self-perceived competitor in Asia fudding about Binance (CEX) for sale," Zhao said in a post on X. The Binance founder, who re

Bitcoin ETFs maintain market lead as Ethereum ETFs see surge in institutional adoption, 13F filings show - The Block, etha, million, Crypto, 2024, bitcoin, ethereum, eth, ibit

Bitcoin ETFs maintain market lead as Ethereum ETFs see surge in institutional adoption, 13F filings show

Bitcoin ETFs continued to gain market share in the fourth quarter, while Ethereum ETFs took a significant jump among institutions, according to the latest 13F filings.Every quarter, institutional investment managers with at least $100 million in equi

Bitcoin network activity hits 12-month lows as transactions drop 55% from peak - The Block, Crypto, 2024, bitcoin, ethereum, base, solana, block, ai

Bitcoin network activity hits 12-month lows as transactions drop 55% from peak

The 7-day moving average of Bitcoin network transactions has declined to 330,000, hovering around 12-month lows, a significant drop from the peak of 730,000 transactions observed earlier in the network's history.This represents a roughly 55% decrease

Abu Dhabi sovereign wealth fund bought $437 million of BlackRock’s spot Bitcoin ETF - The Block, ibit, Crypto, 2024, bitcoin, block

Abu Dhabi sovereign wealth fund bought $437 million of BlackRock’s spot Bitcoin ETF

Abu Dhabi's sovereign wealth fund purchased $436.9 million of BlackRock's spot bitcoin ETF during the final quarter of last year, according to a filing from Friday.The purchase came around the time BlackRock secured a commercial license to operate in

HTX DAO Celebrates First Anniversary with Explosive Growth and Bold Plans for 2025 - The Block, earth, launchpool, dao, htx, apy, 2024, one, Crypto

HTX DAO Celebrates First Anniversary with Explosive Growth and Bold Plans for 2025

HTX DAO, a leading decentralized autonomous organization in the blockchain space, commemorates its first anniversary with resounding success. Throughout 2024, HTX DAO demonstrated strong market performance, refined its decentralized governance model,

Barclays discloses BlackRock Bitcoin ETF holdings worth $131 million - The Block, bitcoin, donald trump, etf, sec, 2024, Crypto, ibit, second

Barclays discloses BlackRock Bitcoin ETF holdings worth $131 million

Global investment bank and financial services company Barclays disclosed holdings of 2,473,064 shares in BlackRock’s U.S. spot Bitcoin exchange-traded fund IBIT, with a reported value of $131.2 million, according to a quarterly 13F filing with the Se

Many memecoins likely fall outside SEC jurisdiction, says Commissioner Hester Peirce - The Block, 2024, crypto, donald trump, ponzi, Crypto, solana, dogecoin, gensler, one, sec

Many memecoins likely fall outside SEC jurisdiction, says Commissioner Hester Peirce

U.S. Securities and Exchange Commission Commisioner Hester Peirce said that many of the memecoins in the market likely do not fall under the agency’s jurisdiction during an interview with Bloomberg.“There are lots of people introducing memecoins righ