Aave said it has become the first decentralized finance lending protocol to exceed $50 billion in net deposits as the onchain sector extended an uptrend that started in late October 2023.Aave is a DeFi platform that enables users to lend and borrow c

A Department of Justice filing aiming to recover fraudulently obtained cryptocurrency may have inadvertently revealed the scam's victims as the CEO and CFO of crypto payment firm MoonPay, as first reported by NOTUS. The filing, which aims to seize ar

Asian food giant DDC Enterprise (NYSE: DDC) has partnered with Hong Kong-based web3 game developer and venture firm Animoca Brands to help grow out DDC's recently launched bitcoin treasury. Through signing a non-binding memorandum of understanding, A

Polymarket saw $1.16 billion worth of volume on the platform for the month of June. This represents a 9.4% month-over-month increase and is also the platform’s highest monthly volume total since January’s $1.26 billion.Meanwhile, the number of new ma

Crypto venture firm Paradigm has led a $50 million Series A funding round for Agora, the stablecoin startup that allows other firms to create versions of its U.S.-dollar stablecoin AUSD. The raise follows a $12 million seed round led by Dragonfly in

K Wave Media Inc. (ticker KWM) has announced $1 billion in financing to support its bitcoin acquisition strategy.The total includes a newly signed $500 million convertible note agreement with Anson Funds, as well as a previously disclosed $500 millio

U.S. spot bitcoin exchange-traded funds surpassed $50 billion in cumulative total net inflows on Wednesday, marking the first time this milestone has been reached.According to data from SoSoValue, the 12 funds reported a total daily net inflow of $21

Polygon's POL token rose more than 6% ahead of the network’s major Heimdall v2 upgrade set to take place on July 10.According to The Block's price page, POL gained 6.2% in the past 24 hours, trading at $ 0.20 at the time of writing. POL has a market

Eigen Labs, the core development team behind Ethereum restaking project EigenLayer, has laid off roughly 25% of its workforce to shift focus to EigenCloud.Blockworks reported Tuesday that Eigen Labs laid off 29 employees or about a quarter of the wor

South Korea's Ministry of SMEs and Startups published a notice today stating its intention to amend the existing law on local startups to allow virtual asset trading and brokerage service providers to be registered as "venture companies," which would

Another solo Bitcoin miner has just hit the jackpot, mining an entire Bitcoin block with a relatively low-powered rig and netting themselves just under $350,000 in Bitcoin. Bitcoin historian Pete Rizzo said the solo miner “beat incredible odds” on Th

Arbitrum’s Timeboost, a transaction ordering policy introduced to improve efficiency and reduce MEV issues on Arbitrum ecosystem chains, has generated $2 million in fees since its launch in April 2025, according to Dune data.The system, which allows

Below is a summarized version of The Block Research's The DePIN Report 2025. The full PDF version of this report is accessible here.Decentralized Physical Infrastructure Networks represent a new frontier in blockchain innovation, enabling distributed

Sam Altman's artificial intelligence firm OpenAI slammed the trading platform Robinhood for offering tokenized versions of its private company shares, according to an announcement on Wednesday. "These 'OpenAI tokens' are not OpenAI equity," OpenAI wr

The applications for national banking licenses keep rolling in, with the latest being Ripple, according to a report from The Wall Street Journal.Ripple filed an application on Wednesday with the U.S. Office of the Comptroller of the Currency for that

Episode 31 of The Crypto Beat was recorded with The Block's Head of Growth Tim Copeland and Silhouette Founder Chandler De Kock.Listen below, and subscribe to The Crypto Beat on YouTube, Apple, Spotify, Twitch or wherever you listen to podcasts. Plea

Shenzhen, China-based microcap firm Addentax Group Corp. (ticker ATXG) has unveiled a new non-binding agreement to purchase up to 12,000 bitcoin, a 50% increase from plans to acquire 8,000 BTC initially floated in May.The purchases would total approx

Arizona Governor Katie Hobbs has vetoed House Bill 2324, which sought to create a reserve fund for seized cryptocurrency assets.In a veto letter released Tuesday, Hobbs stated that the bill "disincentives local law enforcement from working with the s

Monthly spot trading volume on centralized exchanges has fallen to its lowest level since September 2024, while decentralized trading platforms continued to to see rising volumes.According to The Block's data dashboard, centralized exchanges recorded

The overall crypto market declined over the past day, with bitcoin hovering around the $106,000 level as traders derisk ahead of key U.S. economic data releases. Bitcoin fell 1% in the past 24 hours to $106,013, while ether lost 2.5% to trade at $2,4