The Daily: Terraform Labs co-founder Do Kwon pleads guilty, Circle plots its own stablecoin-focused L1 blockchain Arc, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes ...
Aave’s parabolic rise near $50 billion TVL signals institutional embrace of DeFi lending
Aave's dominance is particularly notable given its command of approximately 80% of outs...
Terraform co-founder Do Kwon pleads guilty to two fraud charges in years long US case: reports
Kwon was criminally charged in March 2023 with conspiracy to defraud, commodities fraud...
Tether, IDG Capital lead $16 million strategic funding round into crypto payments firm Transak
The capital will help Transak, which claims to have 10 million users globally, expand i...
ETHZilla stock jumps over 90% after Peter Thiel takes stake and company discloses 82,186 ETH holdings
Earlier this month, ETHZilla closed a $425 million private placement. The placement had...
Bitcoin, ETH bounce as US inflation cools, boosting odds of September Fed cut
Odds of a Fed cut surpassed 93%, and cryptos ticked higher after the CPI print, even as...
BitMine files to expand its at-the-market equity offering by $20 billion to fund more ETH purchases
The Tom Lee-chaired firm is the largest Ethereum treasury holder with 1.15 million ETH,...
Grayscale launches DeepBook and Walrus trusts for exposure to DEEP and WAL tokens — two Sui protocols
Grayscale has launched two new trusts for DEEP and WAL, the native tokens of the DeepBo...
Circle to launch Layer 1 blockchain Arc using USDC stablecoin as native gas token
Circle unveiled plans for its own stablecoin-focused Layer 1 blockchain, Arc, on Tuesda...
Monero faces chain reorganization fears after Qubic says it controls 51% of hashrate
A long-running campaign to amass more than half of Monero’s hashrate appears to have ...
Ex-Revolut team’s perp DEX Extended goes live on Starknet mainnet
Perpetual trading DEX Extended has gone live on Starknet, offering more than 50 pairs a...
The Smarter Web Company acquires another $35 million worth of bitcoin as total holdings reach 2,395 BTC
The firm now holds a total of 2,395 BTC ($284.8 million), maintaining its place in the ...
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