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BNB Smart Chainās Maxwell upgrade appears to have gone live, with average block times falling to 0.8 seconds, down from 1.5 on Monday.The Maxwell hard fork was set to cut block times in half, among other upgrades. BNB Chain said on Thursday that the Maxwell upgrade will make transactions faster for ā¦
The world's largest cryptocurrency held its position above $107,000 late night Thursday, with analysts noting bullish momentum, some eyeing a potential breakout to a new record high.According to The Block's price data, bitcoin edged down 0.5% in the past 24 hours to trade at $107,413 as of 11:30 p.mā¦
CoreWeave is looking to acquire Bitcoin miner Core Scientific, according to the Wall Street Journal, which cited anonymous sources. The deal could close within a matter of weeks.CoreWeave (ticker CRWV) has made at least one previous attempt to acquire Core Scientific (ticker CORZ). In June 2024, theā¦
Stablecoin protocol Resupply was exploited for around $9.5 million through a market manipulation of exchange rates, according to security analysts.Resupply is a stablecoin protocol that leverages the liquidity and stability of lending markets.The exploit centered on cvcrvUSD, a wrapped version of Cuā¦
Venture firm Paradigm is leading Kalshi's latest $185 million Series C funding round, according to a statement on Wednesday. The U.S.-based prediction market is reportedly raising funds at a $2 billion valuation.Multicoin Capital, Neo, Sequoia are also participating in the funding round, which will ā¦
Of all the projects Tether has invested in over recent years, Blackrock Neurotech stands out as one of the favorites for CEO Paolo Ardoino.In the latest episode of The Block's Big Brain podcast, Ardoino said the brain-computer interface firm needed a name change soon to avoid confusion with the famoā¦
DeFi vault platform Veda has raised $18 million in a funding round led by CoinFund, with participation from Coinbase Ventures, GSR, Maelstrom, Animoca Ventures, Mantle EcoFund, BitGo, Credibly Neutral, Draper Dragon, Heartcore, PEER VC, and Relayer Capital.Angel investors in the raise included Anchoā¦
Elon Muskās X plans to let users trade and invest directly inside the social-media app, broadening a payments push that already includes a Visa-backed digital wallet.CEO Linda Yaccarino said the new features will cover investments and trading, and could include a branded debit or credit card, accordā¦
U.S. spot Bitcoin exchange-traded funds' net inflow streak extended into an eighth day on Wednesday, adding $389.5 million to a total of $2.4 billion for the period, according to data compiled by The Block.BlackRock's IBIT continues to dominate over the other Bitcoin funds, attracting $278.9 millionā¦
Lion Group Holding Ltd., a brokerage and trading firm based in Hong Kong, has secured a $600 million facility from ATW Partners to roll out its Hyperliquid (HYPE) treasury. The initial $10.6 million tranche is set to close within 48 hours following its Wednesday announcement."Hyperliquid represents ā¦
The Nasdaq-listed Bitcoin mining firm Bitdeer Technologies Group aims to raise $330 million in its third convertible notes offering.Bitdeer investors would get 4.875% annual interest on the purchased notes until 2031, with the ability to convert their notes 25% higher than the firm's current stock pā¦
Ethereum users have staked a record 35.35 million ether ā about 29% of the tokenās circulating supply ā on the consensus layer, according to data compiled by The Block.The contract, launched in November 2020, set the stage for Ethereumās shift from proof-of-work to proof-of-stake in āThe Merge,ā an ā¦