Binance Seeks Dismissal of FTX's $1.76 Billion Lawsuit
Binance filed to dismiss FTX's claim for $1.76 billion, arguing lack of jurisdiction and baseless claims.
Source: theblock.co —
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Genesis sues DCG and Barry Silbert to recover billions
Genesis Global has filed lawsuits against its parent company, DCG, and its CEO, Barry Silbert, aiming to recover billions allegedly misused, leading to Genesis's bankruptcy.
Source: theblock.co —
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DigiAsia Aims to Raise $100 Million for Bitcoin Purchase
DigiAsia, the Indonesian fintech firm, plans to raise $100 million to buy Bitcoin, causing its Nasdaq stock to soar.
Source: theblock.co —
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Succinct to Launch PROVE Token for ZK Prover Network
Succinct will introduce the PROVE token as the native token for its ZK prover network on Ethereum, serving multiple purposes including payment, security, and governance.
Source: theblock.co —
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Crypto Industry Applauds Progress on Historic Stablecoin Legislation After Senate Advances GENIUS Act
The U.S. Senate has advanced the GENIUS Act, a landmark stablecoin bill, which aims to support U.S. dollar dominance and modernize payment systems. The bill has gained bipartisan support in the Senate.
Source: theblock.co —
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Shutdown of Haowang Guarantee: A Minor Setback for Crypto Scams, Says Chainalysis
The closure of Haowang Guarantee hasn't eliminated crypto scams, as new platforms quickly emerge, states Chainalysis.
Source: theblock.co —
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Senate Advances Key Stablecoin Legislation
U.S. Senate progresses on historic stablecoin regulation despite differing opinions.
Source: theblock.co —
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Daily Jito Validator Tips Hit $3.6M Amid Believe Ecosystem Rise
Jito validator tips on Solana reached $3.6 million daily due to increased network activity, while Pump.fun sees a decline from the emerging Believe ecosystem.
Source: theblock.co —
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Anza Unveils Alpenglow: A Major Shift for Solana Protocol
Anza, a Solana Labs spinout, introduces Alpenglow, a major update to Solana's core protocol with new consensus components.
Source: theblock.co —
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DOJ Investigates Cyberattack on Coinbase
The DOJ is probing a cyberattack on Coinbase resulting in a $20 million extortion attempt.
Source: theblock.co —
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Democrat Warner Supports Stablecoin Bill Ahead of Key Senate Vote
Senator Mark Warner backs the GENIUS Act, a bill for stablecoin regulation, as the Senate prepares for a critical vote.
Source: theblock.co —
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Circle Eyes $5 Billion Sale, Engages Coinbase and Ripple: Report
Circle, a major stablecoin issuer, is in talks with potential buyers like Coinbase and Ripple, seeking a minimum valuation of $5 billion.
Source: theblock.co —
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El Salvador's Bitcoin Investment Peaks Amid Market Turbulence
As Bitcoin approaches all-time highs, El Salvador sees record profitability in its BTC holdings.
Source: theblock.co —
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Jamie Dimon on JPMorgan Allowing Bitcoin Purchases
JPMorgan will permit clients to buy Bitcoin but won't hold it for them.
Source: theblock.co —
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Spot Bitcoin ETFs Reach $109 Billion AUM Amid Rising Institutional Interest
Spot Bitcoin ETFs' assets under management have hit $109 billion, indicating their increasing significance in institutional access to digital assets.
Source: theblock.co —
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