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Quick Take

• Digital asset banking and payments platform offering settlement, exchange, payment and yield solutions
• Helping crypto native and traditional businesses incorporate cryptocurrencies into corporate treasury and operations 
• Focus on the middle market firms sitting between retail and multi-billion dollar institutions

A new research study based on interviews with 1,800 Salvadoran households suggests that the Chivo bitcoin wallet hasn’t caught on with most people.

The post Everyday Bitcoin usage in El Salvador remains low despite government push, US academic study finds appeared first on The Block.

Fairfax County, Virginia has already allocated portions of its pension funds to crypto and blockchain investments, but it’s considering wading further into the space with a new investment – yield farming.

The post Virginia county looks to crypto yield farming for pension system investments appeared first on The Block.

MicroStrategy announced its first-quarter financial results for 2022 on Tuesday, reporting $119.3 million in revenues for the period.

The post MicroStrategy says it may explore more ‘yield generation opportunities’ following bitcoin-backed loan deal appeared first on The Block.

The latest in the crypto industry’s lobbying activities shows more and more companies setting up outposts in DC.

The post Crypto stakeholders dropped more than $4 million on DC lobbying in Q1. Here are the biggest spenders appeared first on The Block.

Riot mined 508 bitcoin in April and sold about half of that amount for $10 million.

The post Riot sells half of bitcoin mined in April after 150% month-over-month production increase appeared first on The Block.

The digital asset manager said income from options trading strategies sank 55% in the first quarter, offset by a DeFi boom.

The post CoinShares reports drop in earnings amid crypto market slump appeared first on The Block.

Quick Take

• The success of Terra’s UST has led to the emergence of new native stablecoins on NEAR and TRON. 

• Terra’s Do Kwon and TRON’s Justin Sun spoke to The Block about why crypto needs a decentralized stablecoin that regulators can’t interfere with. 

The media company raised $10 million from over a dozen investors, with a $50 million valuation.

The post Crypto media firm Decrypt raises $10 million after ConsenSys Mesh spin-out appeared first on The Block.

Lithuanian fintech startup Kevin said Tuesday that it has raised $65 million in a Series A round led by Accel. 

The post Payments startup Kevin rakes in $65 million Series A appeared first on The Block.