Articles from www.theblock.co

Articles from www.theblock.co

Circle reports Q2 revenue up 53% YoY to $658M, USDC circulation up 90% YoY to $61.3B, a $482M net loss, and unveils Arc, a stablecoin-focused Layer-1 blockchain (www.theblock.co)
2025-8-12 Blockchain

Tether acquires a minority stake in MiCA-licensed Spanish crypto exchange Bit2Me and is leading a €30M funding round that will close in the coming weeks (www.theblock.co)
2025-8-8 Spain

Arkham Intelligence claims to have uncovered a previously undisclosed heist of 127,426 BTC, now worth ~$14.5B, from Chinese mining pool LuBian in December 2020 (www.theblock.co)
2025-8-7 China Intelligence

Coinbase adds Embedded Wallets to its Wallet SDK, letting developers integrate wallets into their apps with a few lines of code, with onramps and swaps support (www.theblock.co)
2025-8-7 Coinbase

The UK's Financial Conduct Authority plans to allow retail investors to access crypto exchange-traded notes, dubbed cETNs, on FCA-approved, UK-based exchanges (www.theblock.co)
2025-8-2 Retail

Tether reports Q2 net profit of $4.9B, a quarterly record, and says it held nearly $9B in bitcoin at the end of the quarter (www.theblock.co)
2025-8-1 Bitcoin

Stable, which is building a new Layer 1 blockchain for stablecoins, raised a $28M seed co-led by Bitfinex and Hack VC (www.theblock.co)
2025-8-1 Blockchain

RD Technologies, which is developing a stablecoin backed by Hong Kong dollar, raised $40M ahead of HK's stablecoin licensing regime set to take effect on Aug. 1 (www.theblock.co)
2025-7-30 Hong Kong

eToro says it's launching tokenized US equities, ETF, and futures trading via ERC-20 tokens, citing regulatory clarity from the US' Genius Act and the EU's MiCA (www.theblock.co)
2025-7-30 ETF Equity

Tether says it has ~250K Tether Gold tokens in circulation as of Q2 2025, backed 1:1 by a troy ounce of physical gold; the stablecoin was launched in Jan. 2020 (www.theblock.co)
2025-7-25

In Yuga Labs vs. Ryder Ripps, an appeals court rules that NFTs are “goods” that can get trademark protection but sends the case back to a lower court (www.theblock.co)
2025-7-25

Poseidon, an AI-focused decentralized data layer built on the Story protocol, raised a $15M seed led by a16z (www.theblock.co)
2025-7-23 AI Decentralize

Decentralized messaging protocol XMTP developer Ephemera raised a $20M Series B at a $300M equity and $750M network valuation, following a $20M Series A in 2021 (www.theblock.co)
2025-7-18 Equity Decentralize

Coinbase rolls out the Base App, rebranding its Coinbase Wallet as an “everything app” that combines social networking, mini-apps, chat, payments, and trading (www.theblock.co)
2025-7-17 Coinbase

In response to a March FOIA request, the US Marshals Service said it held over 28,988 BTC, worth ~$3.4B at current prices, far fewer than previously believed (www.theblock.co)
2025-7-17

SharpLink Gaming, a Nasdaq-listed online gambling marketing company, becomes the largest corporate ether holder with 280,706 ETH, surpassing Ethereum Foundation (www.theblock.co)
2025-7-16 Ethereum ETH

Crypto PAC Fairshake says it has raised $109M since the US elections in November 2024, and $52M in H1 2025, as it prepares for the 2026 US midterm elections (www.theblock.co)
2025-7-16

Crypto asset manager Grayscale confidentially files draft IPO paperwork with the US SEC, offering few details; the DCG subsidiary manages $30B+ (www.theblock.co)
2025-7-15 IPO Asset

Pump.fun raised $500M via a sale of PUMP tokens, which sold out in 12 minutes; it offered 12.5% of its total token supply at a fully diluted valuation of $4B (www.theblock.co)
2025-7-13

The US Senate confirms Jonathan Gould to lead the Office of the Comptroller of the Currency; Gould was previously the chief legal officer at Bitfury (www.theblock.co)
2025-7-11 Senate

DefiLlama: monthly DeFi fees have risen to $577M from an April low of $366M, with major protocols generating $275M through automated market-making services (www.theblock.co)
2025-7-6

Distinct Possibility, a gaming studio launched by EverQuest co-creator to build a web3 shooter on Etherlink, a Layer 2 network built on Tezos, raised $30.5M (www.theblock.co)
2025-7-5

Barclays will block crypto purchases made with credit cards starting June 27, citing volatility and lack of consumer protections, following other UK lenders (www.theblock.co)
2025-6-26 Credit Card

Chainlink and Mastercard announce a partnership to enable card users to buy crypto “directly onchain through a secure fiat-to-crypto conversion” (www.theblock.co)
2025-6-25

Yupp, which rewards users in crypto for comparing answers from multiple AI models and giving feedback, emerges from stealth with a $33M seed led by a16z crypto (www.theblock.co)
2025-6-14 AI

Polygon co-founder Sandeep Nailwal is named CEO of the Polygon Foundation after the departure of Mihailo Bjelic, and unveils changes to streamline the nonprofit (www.theblock.co)
2025-6-12

Eric Trump says the TRUMP memecoin team and Magic Eden have canceled the $TRUMP Wallet; Trump's World Liberty Financial reportedly sent them a cease-and-desist (www.theblock.co)
2025-6-7 Trump

Conduit, whose cross-border payments network integrates stablecoins and local currencies, raised a $36M Series A co-led by Dragonfly and Altos Ventures (www.theblock.co)
2025-5-29

Filing: GameStop acquires 4,710 bitcoin for its corporate treasury, but does not disclose the total purchase amount, after announcing a bitcoin plan in March (www.theblock.co)
2025-5-28 Bitcoin

Polygon cofounder Mihailo Bjelic steps down from the project's development studio, Polygon Labs, and from the foundation board, marking the third founder exit (www.theblock.co)
2025-5-24

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