Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends. ... Read full Market Summary
Crypto exchange giant Binance has identified a market maker for Movement that allegedly dumped millions of MOVE tokens following its launch, freezing the entity's profits.In a statement on Tuesday, Binance said the actor was associated with another market maker for GPS and SHELL it had offboarded on…
Defunct crypto exchange Mt. Gox moved over 11,501 BTC, worth around $1.01 billion, to an unmarked wallet address and an exchange hot wallet on Monday, according to data from Arkham Intelligence.At around 8:21 p.m. ET, Mt. Gox transferred a total of 11,501.58 BTC ($1.01 billion), of which 10,608.16 B…
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.I hope you had a good weekend, folks. While some analysts suggest there has been a "decisive shift" in crypto sentiment in recent days, thanks to improving macro conditions, others warn Tru…
The Dogecoin Foundation, through its new corporate arm, has established an "Official Dogecoin Reserve" with an initial purchase of 10 million DOGE, or about $1.8 million at market prices.This initiative is part of the foundation’s partnership with House of Doge, a newly formed entity that became its…
Crypto exchange Kraken is considering raising $1 billion in debt ahead of a possible initial public offering, according to Bloomberg, which cited anonymous sources.The company is working with Goldman Sachs and JPMorgan Chase and the debt talks are at a "preliminary stage," according to the report.Ea…
Episode 511 of The Scoop was recorded with The Block's Frank Chaparro and Multicoin Capital Co-Founder and Managing Partner Kyle Samani.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…
Sen. Elizabeth Warren raised concerns over potential incoming Securities and Exchange Commission Chair Paul Atkins' ties to collapsed crypto exchange FTX and President Donald Trump's possible conflicts of interests with the rise of his memecoin.The Massachusetts Democrat, well-known for disapproving…
CSC Delaware Trust Company, a subsidiary of business formation specialist CSC, registered a new entity named "Fidelity Solana Fund," according to a filing published Thursday. The registration is a possible first step towards a proposal of a Solana exchange-traded product by Fidelity, which also mana…
The German financial supervisory agency Bundesanstalt für Finanzdienstleistungsaufsicht, or BaFin, stopped the Frankfurt-based Ethena Labs subsidiary Ethena GmbH from publicly offering its USD-pegged stablecoin USDe. The halt was due to BaFin identifying "serious deficiencies in Ethena GmbH 's USDe …
Episode 510 of The Scoop was recorded with The Block's Frank Chaparro, and Coinbase Director of Product Michael RihaniListen below, and subscribe to The Scoop on YouTube, Apple, Spotify, Google Podcasts, Stitcher or wherever you listen to podcasts. Please send feedback and revision requests to podca…
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.It's Friday! According to a Dune Analytics dashboard, Polymarket apparently predicts events with up to 94% accuracy. However, with some of its users evidently being flat-earthers, I wouldn'…
Securities lawyers and crypto pundits kicked around a long-held question — what makes something a security — at the U.S. Securities and Exchange Commission's inaugural crypto task force roundtable. At the SEC's headquarters in Washington on Friday, a panel of securities lawyers, some crypto critics …