Bitwise CIO Matt Hougan makes the case that the SEC taking action against crypto-related businesses is helping Coinbase.
Crypto lawyers have taken aim at the SEC for sending multiple Wells Notices to top crypto companies over the last few months.
Flash loans using DAI appear to have pushed Ethereum stablecoin volumes to their highest monthly levels seen yet.
Pantera Capital’s Franklin Bi told The Block that crypto has been ‘validated significantly’ with this year’s spot bitcoin ETF approval in the U.S., solidifying institutional investors’ conviction in the industry.
The company called the lawsuit, which claims that Coinbase has been operating illegally since inception by selling securities, “legally baseless.”
Crypto VC funding has surpassed $4B so far this year, driven by Ethereum restaking, DePINs, Bitcoin ecosystem and RWA tokenization verticals.
Mysten Labs CEO Evan Cheng waxes optimistically about the future of his blockchain and traditional tech’s interest in web3.
Bitfinex CTO and Tether CEO Paolo Ardoino said a ransomware group’s claim that it breached Bitfinex’s servers “seems fake.”
The U.S. spot bitcoin ETFs registered their first daily net inflows since April 23 and the largest since March 13, totaling $378.3 million.
GBTC, the biggest spot bitcoin ETF, has seen its assets under management lead over BlackRock’s IBIT shrink.
