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Fireblocks launches stablecoin payments network amid expected growth boom

Fireblocks launches stablecoin payments network amid expected growth boom

Fireblocks is launching an enterprise-grade stablecoin network designed to help crypto and financial firms move the USD-pegged tokens and build products, according to a post to X on Thursday.Fireblock's stablecoin network is already servicing more than 40 participants, including Circle, Bridge, Zero…

Nakamoto, Winklevoss Capital pledge $147 million to new entity looking to become Europe’s leading Bitcoin treasury

Nakamoto, Winklevoss Capital pledge $147 million to new entity looking to become Europe’s leading Bitcoin treasury

As companies in the U.S. and Asia accumulate bitcoin, a Dutch firm has secured financing to build what it hopes will become Europe’s largest corporate BTC stack.On Wednesday, Treasury B.V. announced that it raised 126 million euro ($147 million) in a private funding round led by Winklevoss Capital a…

Electric Capital, Paradigm lead $40 million investment into institutional Ethereum advocacy group Etherealize

Electric Capital, Paradigm lead $40 million investment into institutional Ethereum advocacy group Etherealize

Etherealize, the advocacy group for the second-largest blockchain formed of heavy hitters like former Ethereum Foundation lead developer Danny Ryan and former Wall Street trader Vivek Raman, has raised $40 million, according to an announcement on Wednesday.The funding round was led by Electric Capit…

Derive says institutional Ethereum accumulation shows ‘explosive potential’ heading into Q4

Derive says institutional Ethereum accumulation shows ‘explosive potential’ heading into Q4

Ether is drawing increasing institutional demand from both exchange-traded funds and corporate treasuries, setting up “explosive potential heading into Q4” even as near-term flows remain choppy, according to a new market update from onchain options exchange Derive.xyz.Nick Forster, Derive’s founder,…

Ethereum Foundation to sell $43 million in ETH via exchanges to fund research, grants and donations

Ethereum Foundation to sell $43 million in ETH via exchanges to fund research, grants and donations

The Ethereum Foundation said it will convert 10,000 ether over the coming weeks using centralized exchanges, a move it framed as routine funding for research, grants, and donations, and one that quickly sparked criticism from decentralized finance proponents who argued the sales should run through o…

Crypto exchange volume tops $1.8 trillion in August, highest monthly level since January

Crypto exchange volume tops $1.8 trillion in August, highest monthly level since January

Crypto exchanges' monthly spot volume reached $1.86 trillion in August, the highest volume since January.The Block's data dashboard shows that August's spot trading volume rose 5% from July's $1.77 trillion, marking the most substantial monthly activity since January.Among exchanges, Binance maintai…

Bug in Paradigm’s Reth client briefly disrupts multiple Ethereum nodes

Bug in Paradigm’s Reth client briefly disrupts multiple Ethereum nodes

A bug in the Reth execution client for Ethereum caused nodes relying on it to stall, according to Georgios Konstantopoulos, chief technology officer at crypto venture firm Paradigm, which develops the client.The bug at issue manifested at block 2327426, affecting Ethereum mainnet versions 1.6.0 and …

Benchmark defends Strategy’s equity sales for bitcoin accumulation, sees S&P 500 potential

Benchmark defends Strategy’s equity sales for bitcoin accumulation, sees S&P 500 potential

Bitcoin treasury company Strategy came under fire recently for quickly dismissing its self-imposed constraint on issuing common equity shares to accumulate more BTC. The company's stock dropped more than 20% over the past few weeks before recovering in recent sessions.Indeed, earlier Monday, Strateg…

Jito executives explore the impact of the SEC’s liquid staking decision

Jito executives explore the impact of the SEC’s liquid staking decision

Episode 39 of The Crypto Beat was recorded with The Block's Head of Growth, Tim Copeland, Jito Co-Founder & CEO Lucas Bruder and Jito Foundation Chief Commercial Officer Thomas Uhm.Listen below, and subscribe to The Crypto Beat on YouTube, Apple, Spotify, Twitch, or wherever you listen to podcasts. …

Bitcoin dips below $108,000 as traders weigh macro signals entering September

Bitcoin dips below $108,000 as traders weigh macro signals entering September

Bitcoin, Ether, and other major cryptocurrencies declined over the weekend as traders processed macroeconomic data ahead of the Federal Open Market Committee (FOMC) meeting later this month.According to The Block's crypto price page, bitcoin fell 0.71% to $107,866 as of 1:50 a.m. on Monday, currentl…

El Salvador splits bitcoin holdings between 14 addresses to ‘enhance security’ against quantum threats

El Salvador splits bitcoin holdings between 14 addresses to ‘enhance security’ against quantum threats

The National Bitcoin Office of El Salvador, which stewards the country's reserve of nearly 6,300 BTC, announced on Friday it split the reserve between 14 different addresses, to improve security, especially against quantum computing threats. Under the direction of pro-bitcoin President Nayib Bukele,…

Hyperliquid chips away at Binance’s derivatives dominance as volume ratio nears 14%

Hyperliquid chips away at Binance’s derivatives dominance as volume ratio nears 14%

Hyperliquid has emerged as the defining narrative of this cycle's decentralized derivatives landscape, capturing approximately 80% of perpetual protocol market share and establishing itself as a formidable challenger to centralized alternatives.The platform's unique approach to tokenomics set it apa…