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The Financial Conduct Authority, the UK's financial regulator, is seeking views on certain crypto activities in the latest discussion paper under its crypto roadmap. Specifically, the FCA is soliciting feedback from individuals, firms, industry groups, policymakers, academics and think tanks on the …
Amid the charade of crypto-AI booths, panels and pitches at Token2049, I sat down with Aptos Labs CEO Avery Ching to find out if any of it was more than just smoke and mirrors.Ching suggested the real value lies in enabling AI agents to interact with blockchain-based assets — both crypto-native asse…
Following this week's macro data releases and BTC's jump over $97,000, analysts believe looser monetary policies in the United States will potentially benefit bitcoin more than equities.U.S. GDP shrank for the first time in three years while Core Personal Consumption Expenditures Price (PCE) printed…
Below is a summarized version of The Block Research's The State of Multichain Development: Benchmarking Across Ecosystems report. The full PDF version of this report is accessible here.The blockchain ecosystem is evolving beyond single-chain dominance toward a multichain future where specialized net…
USDT issuer Tether said its "total exposure" to U.S. Treasurys had neared $120 billion at the end of March, according to a report published Thursday.Tether's USDT is the world's largest U.S. dollar-pegged stablecoin by supply, with over $149 billion worth in circulation. The company publishes quarte…
DeFi Development Corp, a former real estate software firm known as Janover, said Thursday that it expects to receive a total of $24 million for a private investment in public equity (PIPE) that will help the firm finance general corporate purposes, including buying more Solana. After rebranding in m…
Coinbase will suspend the listing of the cryptocurrency Movement (MOVE) "on or around" 2 p.m. ET on May 15.In the meantime, it appears Coinbase changed the MOVE order books to limit-only mode, the firm wrote Thursday on the social media platform X, adding that limit orders can be placed or canceled.…
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.Happy Wednesday! Mixed economic data has analysts eyeing a potential dovish Fed pivot — a move that could be a boon for bitcoin.In today's newsletter, Arthur Hayes says, "It's time to go lo…
Ripple offered to pay between $4 billion and $5 billion to acquire USDC issuer Circle, according to a report from Bloomberg, which cited anonymous sources.Circle rejected the offer as too low, according to the report, which also said that Ripple "remains interested" in acquiring Circle.Earlier this …
Episode 519 of The Scoop was recorded with The Block's Frank Chaparro and Digital Currency Group & Yuma Founder and CEO Barry Silbert.Listen below, and subscribe to The Scoop on YouTube, Apple, Spotify, Google Podcasts, Stitcher or wherever you listen to podcasts. Please send feedback and revision r…
BlackRock, one of the world's largest asset managers, filed to launch DLT shares of its $150 billion Treasury Trust Fund, a money market fund. DLT shares refer to digital shares with ownership tracked using distributed ledger technology.According to the Form N-1A filed with the Securities and Exchan…
The UK Treasury said its planning to work with the United States to better support innovation across the burgeoning crypto industry, according to a statement released Tuesday.Chancellor of the Exchequer Rachel Reeves said she's looking to make "Britain the best place in the world to innovate" and th…