BIS Dismisses Stablecoins as Future Money
The Bank for International Settlements (BIS) argues that stablecoins do not meet essential criteria to serve as the backbone of the future monetary system.
Source: theblock.co —
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Coinbase Helps Seize $225M in Stolen Crypto
Coinbase played a critical role in aiding federal agents to recover $225 million in stolen cryptocurrency linked to a fraud case.
Source: theblock.co —
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DeFi Dev Corp Launches Dogwifhat Validator
DeFi Dev Corp launches a Dogwifhat validator on Solana, partnering with the community to share rewards from staking operations.
Source: theblock.co —
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Hut 8 Expands Bitcoin Credit Line to $130M
Hut 8 has expanded its credit facility with Coinbase Credit to $130 million, featuring a fixed interest rate and enhanced terms.
Source: theblock.co —
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Procap Acquires $385M in Bitcoin
Procap, Anthony Pompliano's Bitcoin treasury company, has purchased $385 million worth of Bitcoin as part of a broader strategy to hold $1 billion in BTC.
Source: theblock.co —
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The Smarter Web Company Increases Bitcoin Holdings
The Smarter Web Company boosted its bitcoin holdings to over 543 BTC, underlining its commitment to Bitcoin as part of its future strategy.
Source: theblock.co —
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Celestia Prepares for Long Term Despite Token Drop
Celestia is preparing to weather the TIA token's decline with a $100 million reserve and six-year plan. Proposed governance changes aim to stabilize the network.
Source: theblock.co —
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Bakkt Raises $300 Million in Series B Funding
Bakkt secured $300 million in a Series B funding round, backed by major companies. The Bakkt app aims to integrate diverse digital assets this summer.
Source: theblock.co —
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US Ethereum ETFs Top $4B in Net Inflows
US spot Ethereum ETFs have crossed $4 billion in net inflows as the first anniversary approaches, with Fidelity's funds leading in recent gains.
Source: theblock.co —
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Ledger Launches Recovery Key for Crypto Wallets
Ledger introduces Recovery Key, a physical key for effortless crypto wallet recovery, enhancing security options for users.
Source: theblock.co —
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Ark Invest Sells $110M Circle Shares Amid Surge
Ark Invest sold $109.6 million in Circle shares as the stock surged post-IPO. Circle's price was buoyed by U.S. Senate's stablecoin bill passage.
Source: theblock.co —
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Bitcoin Rises as Iran-Israel Announce Ceasefire
Bitcoin and Ethereum surged as President Trump announced a ceasefire between Iran and Israel, shifting market focus to macroeconomic indicators.
Source: theblock.co —
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Geopolitical Tensions Boost Polymarket Interest
Geopolitical events and NBA outcomes have spurred a rise in open interest on Polymarket, even though active traders and trade volume have declined.
Source: theblock.co —
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ConsenSys: The Engine of Ethereum's Ecosystem
ConsenSys, led by Joe Lubin, is a key force in Ethereum's growth, fostering a strong developer community and driving innovation across various industries.
Source: theblock.co —
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Ex-Coral Capital Execs Launch BNB Firm, Seek $100M
Former Coral Capital leaders are launching a new venture to invest in BNB, Binance’s token. They aim to raise $100 million and plan a Nasdaq listing.
Source: theblock.co —
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