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Lawmakers in Arizona have passed a bill allowing the state treasurer and retirement system to invest up to 10% of available funds in digital assets, specifically bitcoin, sending it to the governor’s desk for approval, according to Bloomberg Government.The bill, called the Arizona Strategic Bitcoin …
The Bitcoin restaking platform Lombard and the Eigen Foundation, which oversees governance of the Ethereum restaking protocol EigenLayer, have partnered to bring Lombard's liquid staked bitcoin token, LBTC, into the EigenLayer restaking ecosystem.EigenLayer is a protocol that lets stakers reuse thei…
Bitcoin has reclaimed significant ground after a steep correction earlier this month, now trading above $93,000. The cryptocurrency is currently priced at $94,014, reflecting a 5% increase over the past 24 hours and more than 20% in gains over the last two weeks.This price level marks a renewed effo…
Indian crypto exchange WazirX aims to restart its trading platform following a $230 million hack, contingent on a Singapore High Court ruling regarding its restructuring and customer compensation plan."Zettai has completed all prior required steps, and the next key step is the sanction hearing," Waz…
Episode 517 of The Scoop was recorded with The Block's Frank Chaparro and DoubleZero Co-Founder Austin Federa.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 requests to podcast@thebl…
The European Central Bank believes United States President Donald Trump's support for the cryptocurrency industry may cause financial "contagion" — a word frequently used amid last cycle's fallout from collapsed crypto exchange FTX, failed CeFi crypto-lending platform BlockFi and collapsed DeFi proj…
Michael Saylor's Strategy purchased an additional 6,556 bitcoin for $555.8 million between April 14 and April 20, according to a regulatory filing with the Securities and Exchange Commission on Monday. The company paid an average price of $84,785 per bitcoin.The funds came from selling its own share…
Episode 516 of The Scoop was recorded with The Block's Frank Chaparro and Ava Labs President John Wu.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 requests to [email protected]…
Coinbase International's perpetual futures platform has continued to grow in the derivatives market, processing nearly $100 billion in BTC perpetual futures volume over the past week. This surge has positioned Bitcoin perpetuals as the exchange's largest market segment, with all other markets making…
Crypto exchange Coinbase has improved its infrastructure to better support the Solana ecosystem following complaints from users. The largest U.S. exchange has built out support for faster transaction processing times, improved liquidity and better failsafes. "These improvements enable faster, more r…
Japanese investment firm Metaplanet has purchased an additional $26.3 million worth of bitcoin, maintaining its bullish stance amid market volatility driven by Trump’s tariff policies.The Tokyo-listed firm disclosed on Monday that it bought an additional 319 BTC at an average price of $82,549. This …
Global crypto investment products run by asset managers such as BlackRock, Bitwise, Fidelity, Grayscale, ProShares and 21Shares registered further net outflows of $795 million last week, according to CoinShares data.Recent tariff activity from President Trump continues to weigh on sentiment towards …