The Block
The Block is a crypto news publisher. This page aggregates all articles ingested into COINOTAG. Visit the original source via the link below.
Visit websiteCFTC looks to cement non-custodial software developer protections following Phantom no-action letter
The CFTC is considering writing rules to further cement its stance on whether software developers should register as brokers with the agency.
Kelp DAO ditches LayerZero for Chainlink's cross-chain infrastructure following $292 million exploit
Many onlookers blame LayerZero's default infrastructure setup because the cross-chain bridge that was attacked used a 1-of-1 configuration.
Strategy posts $12.5 billion Q1 loss as execs tout STRC 'big success'
The premier bitcoin treasury company said strong demand for STRC helped it raise $5.58 billion out of a total $11.68 billion so far this year.
Ledger integrates Hyperliquid perps trading in its hardware wallets via Yield.xyz
About 20% of Ledger users will be able to access Hyperliquid's onchain perps markets from their hardware wallets.
CME Group to launch cash-settled bitcoin volatility futures
Traders use volatility products to speculate on or hedge against swings without having to take a directional bet on prices.
'We do not see a middle ground': TD Cowen says stablecoin yield fight could still delay crypto bill
The dispute could still delay the crypto bill and reduce the chances of it passing this year, despite a proposed compromise, the firm said.
SoFi to launch its stablecoin on Solana, citing speed and cost
SoFiUSD is a fully reserved U.S. dollar stablecoin issued by SoFi Bank, a nationally chartered bank.
State Street and Galaxy launch fund on Solana designed to 'sweep' stablecoins into productive vehicle
The State Street Galaxy Onchain Liquidity Sweep Fund lets investors push stablecoins into a yield-bearing tokenized fund.
MoonPay acquires Solana execution layer firm DFlow used by Coinbase, Phantom
DFlow is used by both Coinbase and Phantom and has processed over $50 billion in cumulative trading volume.
Ripple CEO Brad Garlinghouse warns next two weeks are critical for crypto legislation
The next two weeks will be pivotal in passing broader cryptocurrency legislation, says Ripple CEO Brad Garlinghouse.
MoneyGram supports crypto-to-cash withdrawals for Kraken users
The firms plan to expand this partnership beyond cash withdrawals to support local bank deposits and cross-border remittance flows.
Google Cloud, Solana Foundation roll out new pay-as-you-go system for AI agents
The Solana Foundation's Pay.sh provides a way for AI bots to discover, access, and pay for API usage on Google Cloud.
IREN snaps up Mirantis in $625 million all-stock deal to round out its AI cloud platform
Analysts say that IREN's deal implies roughly four to five times revenue valuation for privately held Mirantis.
Securitize taps Jump and Jupiter as it rolls out fully onchain, regulated onchain stocks
Jump will provide institutional liquidity via its PropAMM, while Solana DeFi aggregator Jupiter will support retail and institutional access.
Wormhole bridges 'canonical' version of Bittensor's TAO token to Solana
The activation is powered by Wormhole Labs’ Sunrise platform, which acts as a "day-one asset gateway" for bridging native assets.
Coinbase doubles down on Centrifuge investment, taps platform as tokenization partner for Base
Centrifuge will be the go-to platform for launching tokenized assets on Base, the Ethereum blockchain incubated by Coinbase.
Cipher Digital loses $114 million in Q1 as bitcoin miner accelerates AI data center pivot
The company has been pivoting from a pure-play mining model and toward leasing power and infrastructure to AI and cloud providers.
Sequans sells 1,025 bitcoin to fund debt redemption and buybacks as revenue drops 24.8%
Sequans sold 1,025 bitcoin, cutting its treasury reserves to 1,114 BTC, as Q1 revenue fell 24.8% to $6.1 million.
Global crypto ETP inflow streak extends to five weeks, masking sharp intraweek reversal: CoinShares
The inflows mark the fifth straight positive week, though the total masked strong outflows that were reversed by a single session on Friday.
Coinbase cuts 14% of staff as it navigates downturn, shifts to AI-native operations
Coinbase CEO Brian Armstrong confirmed the layoffs on X, saying that the company's business remains "volatile" from quarter to quarter.
a16z crypto raises $2.2 billion for fifth fund, promotes CTO to general partner
a16z crypto has raised $2.2 billion for its fifth fund as it points to growing use of stablecoins, onchain finance, and improving regulation.
FalconX and Sygnum partner to launch tokenized credit offering for institutional clients
FalconX’s facility extends credit through a special-purpose vehicle, backed by overcollateralized loans and monitored in real time.
Bullish to acquire Equiniti in $4.2 billion deal combining transfer agent and tokenization stack
Bullish agreed to acquire Equiniti in a $4.2 billion deal combining its tokenization stack with the global transfer agent’s infrastructure.