News from The Block
What is your interest today?
Tether CEO says the firm’s AI product will enable peer-to-peer network of AI agents
The development of this AI technology by Tether may enhance decentralized transactions by facilitating cryptocurrency payments and creating a network where AI agents operate direct...
Read Full Article →US spot bitcoin ETFs see $1.8 billion in weekly inflows, extending positive streak
Investors continued to allocate substantial capital to US spot bitcoin ETFs, contributing billions in net inflows over two consecutive weeks and indicating sustained interest in th...
Read Full Article →The Funding: Why Bittensor (TAO) is drawing in crypto investors
Bittensor's recent token appreciation has attracted increased investment interest, highlighting its growing importance within the cryptocurrency market and signaling potential shif...
Read Full Article →French police arrest kidnappers who demanded millions in ransom for father of crypto millionaire
The disruption of this kidnapping plot prevented a potentially large financial loss, highlighting the risks associated with demanding substantial sums linked to high-profile indivi...
Read Full Article →U.S. App Store to allow apps to skirt 30% fee on NFT, crypto sales following Apple’s legal defeat
Following a legal setback, Apple updated its App Store guidelines to permit apps to bypass the 30% fee on NFT and crypto sales, potentially impacting revenue streams in the digital...
Read Full Article →AdTech firm Thumzup seeks $200 million to 100x size of bitcoin treasury
Thumzup, an AdTech firm with a market cap of approximately $48.5 million, aims to raise $200 million to significantly increase its bitcoin treasury holdings.
Read Full Article →Arizona governor vetoes bitcoin reserve bill, calling crypto ‘untested investment’
Arizona's governor rejected a legislative bill aimed at establishing a bitcoin reserve, citing concerns over the cryptocurrency's reliability as an investment, which has drawn crit...
Read Full Article →Ivy League school Brown University reveals $5 million investment in BlackRock’s spot Bitcoin ETF
Brown University has allocated $5 million to invest in BlackRock's spot Bitcoin ETF, marking its entry into cryptocurrency investment alongside other academic institutions.
Read Full Article →Pectra release on Gnosis Chain bodes well for major Ethereum hard fork next week, says Safe’s Meissn...
The recent Pectra release on Gnosis Chain may positively impact the anticipated Ethereum hard fork, which has faced multiple delays due to testing challenges on Sepolia and Holesky...
Read Full Article →FTC, Nevada sue crypto trading course firm for $1.2 billion fraud targeting young investors
The complaint alleges that IML misled young investors about the profitability of its trading courses, with a majority of participants reportedly either losing money or earning mini...
Read Full Article →Unichain becomes first Ethereum Layer 2 to start processing transactions using Flashbot’s Rollup-Boo...
Unichain's integration of Flashbot's Rollup-Boost TEE tool enables enhanced transaction processing and scalability while addressing the potential disruptions caused by maximum extr...
Read Full Article →With release of FIFA game looming, Mythical Games says it’s generated $650 million in transaction vo...
Mythical Games announced a transaction volume of $650 million, with plans to release its FIFA game and a title featuring Pudgy Penguins in 2025, indicating strong upcoming financia...
Read Full Article →The Blockchain Association urges the SEC to take a ‘flexible approach’ to crypto regulation
The Blockchain Association has suggested that the SEC adopt a more adaptable and gradual method for regulating the cryptocurrency industry to better accommodate its evolving nature...
Read Full Article →ZachXBT says $7 million of OG Bitcoiner’s stolen crypto frozen with help of Binance
An investigator reported that $7 million in stolen cryptocurrency from an OG Bitcoiner has been frozen with Binance's assistance, and two potential suspects have deleted their soci...
Read Full Article →The Daily: Strategy’s ‘turbocharged’ $84 billion bitcoin plan, Movement Labs suspends co-founder Rus...
The article discusses significant developments in the financial sector, including a large-scale bitcoin initiative valued at $84 billion and leadership changes at Movement Labs, hi...
Read Full Article →Robinhood crypto volumes dip in April, but Mizuho sees no cause for concern
In April, Robinhood's crypto trading volumes fell to approximately $8 billion, significantly lower than the Q1 monthly average of $15 billion, though analysts at Mizuho remain opti...
Read Full Article →Analysts remain bullish on Strategy’s ‘turbocharged’ $84 billion capital plan to buy bitcoin
Analysts express optimism about MSTR's ambitious plan to increase its bitcoin investments substantially through an $84 billion capital raise targeted for completion by 2027.
Read Full Article →Google Wallet integrates ZK-proofs, a tech incubated by crypto industry
Google Wallet's integration of ZK-proofs highlights the potential influence of advancements from the cryptocurrency sector, though its underlying ID system may not utilize blockcha...
Read Full Article →Aptos Labs CEO on how AI agents will work with tokenized assets
Avery Ching discusses the potential for AI agents to enhance financial management by overseeing customized portfolios that incorporate tokenized assets such as real estate, signali...
Read Full Article →FCA seeks fresh feedback on crypto rules, says clear regulation will support growth in the sector ah...
The UK financial regulator is gathering input on proposed regulations for digital assets, emphasizing that clear guidelines could foster growth in the cryptocurrency sector prior t...
Read Full Article →US GDP contraction and flat inflation reignite hopes of dovish Fed tilt that could benefit bitcoin,...
Analysts suggest that the likelihood of unchanged funding rates by the Fed may support bitcoin's value, following a contraction in US GDP and stable inflation trends.
Read Full Article →50 key crypto hires, exits and moves: April 2025
In April 2025, the cryptocurrency sector witnessed significant job shifts, with numerous key hires and exits, highlighting ongoing changes and trends within the industry's workforc...
Read Full Article →Riot Platforms posts net loss in Q1 despite doubling revenue amid AI pivot
Riot Platforms reported a substantial increase in revenue for Q1, reaching $161.4 million, yet still faced a net loss, highlighting the challenges of profitability amidst their piv...
Read Full Article →Nasdaq-listed Fr8Tech to create $20 million TRUMP treasury to support fair US-Mexico trade
Fr8Tech plans to establish a $20 million treasury aimed at promoting equitable trade practices between the United States and Mexico, as stated by CEO Javier Selgas.
Read Full Article →Movement Labs suspends co-founder Rushi Manche following market-making scandal
Movement Labs has temporarily suspended co-founder Rushi Manche in response to allegations of token dumping by a market maker, leading to Coinbase's decision to halt trading of the...
Read Full Article →Metaplanet issues $25 million in bonds to buy more bitcoin following US expansion
Metaplanet announced its issuance of $25 million in bonds to enhance its bitcoin holdings, coinciding with plans to establish a subsidiary in Florida to bolster its U.S. operations...
Read Full Article →Kraken revenue hits $472 million in Q1, boosted by Trump-era volatility ahead of planned IPO
In the first quarter of 2025, Kraken reported a revenue of $472 million, marking a 19% increase from the previous year, influenced by market volatility and an upcoming IPO.
Read Full Article →Mango Markets exploiter Avraham Eisenberg sentenced to four years for child sexual abuse material: I...
Avraham Eisenberg, linked to a significant financial exploit of Mango Markets, received a four-year sentence for unrelated charges involving child sexual abuse material, highlighti...
Read Full Article →Trump-linked World Liberty Financial’s stablecoin USD1 to close Binance’s record $2 billion investme...
World Liberty Financial's co-founder announced that the USD1 stablecoin will serve as the designated currency to facilitate the completion of a significant investment agreement inv...
Read Full Article →Strategy reports Q1 earnings miss, raises 2025 ‘BTC $ Gain’ target to $15 billion
In response to a first-quarter earnings shortfall, the company has adjusted its future Bitcoin gain projections to $15 billion while emphasizing its commitment to Bitcoin securitiz...
Read Full Article →