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Several firms have submitted updated S-1 filings to list spot Solana exchange-traded funds on Friday, a move that some experts say signals the U.S. Securities and Exchange Commission is closer to approving these products. According to a flurry of regulatory filings, investment firms Franklin Templet…
Minnesota-based affiliate marketing firm SharpLink Gaming (ticker: SBET) purchased 176,270.69 ETH for about $463 million as part of an effort to grow its Ethereum treasury strategy.The purchase positions SharpLink behind only the Ethereum Foundation, the independent organization overseeing the Ether…
The U.S. Securities and Exchange Commission announced four senior appointments on Friday, including two officials with experience in digital assets, further signaling a friendlier approach to crypto under Chairman Paul Atkins.Effective June 17, Jamie Selway will assume the role of Director of the Di…
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 on YouTube, Apple, Spotify or wherever you listen t…
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.While risks remain — including a steepening yield…
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, using onchain incentives. a16z crypto is the cryptocur…
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 GameStop stock at a premium closer to maturity, t…
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 among a growing number of multinationals eyeing st…
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.These included proposed amendments to Exchange Act R…
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 Appropriations Committee, which mentioned an estimate…
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 NASCAR to bring Pengu to NASCAR fans worldwide," the…
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 President Trump's announcement of a finalized China tar…