Kraken secures MiCA license in Ireland to scale European operations
The MiCA license, granted by the Central Bank of Ireland, enables Kraken to offer crypto services across 30 EEA member…
World Liberty Financial says it will make WLFI token tradeable in near future
The Trump-backed crypto project also plans to release the first audit of its USD1 stablecoin in the coming days.
Tether CEO predicts one trillion AI agents will use Bitcoin and USDT for transactions within 15 years
Speaking on The Block's Big Brain podcast, Tether CEO Paolo Ardoino said USDT and Bitcoin will power transactions among AI…
Ethereum-based stablecoin adoption hits fresh all-time high with over 750,000 unique weekly users — a new all-time high
Together, USDT and USDC account for the majority of the approximately $134 billion total stablecoin market on the network.
SEC’s Hester Peirce says in-kind redemptions for crypto ETFs are ‘on the horizon’
In-kind redemptions for crypto exchange-traded funds could be coming, according to one of the SEC's top leads Hester Peirce.
Pantera, Blockchange lead funding for privacy-focused Zama Confidential Blockchain Protocol at $1 billion valuation
Zama closed a $57 million Series B at a valuation of over $1 billion, according to a statement on Wednesday.
Invesco and Galaxy enter race for Solana ETF with new SEC filing
Investment management company Invesco and crypto-focused firm Galaxy Digital have joined the race for a Solana exchange-traded fund.
Bit Digital winds down Bitcoin mining operations, doubles down on Ethereum as latest ETH treasury play
Bit Digital will wind down BTC mining operations, sell stock & spin out its high-performance computing subsidiary to fund ETH…
Privacy Pools adds stablecoin support for private Ethereum transfers
Privacy Pools, backed by Ethereum co-founder Vitalik Buterin, is adding support for stablecoins, according to an announcement on Wednesday.
FHFA directs Fannie Mae and Freddie Mac to explore cryptocurrency as an asset for mortgages
The Federal Housing Finance Agency's director ordered Fannie Mae and Freddie Mac to evaluate cryptocurrency as an asset for mortgages.
The Daily: BTC treasury companies having a weaker impact on price than ETFs, Tether sets sights on becoming the largest bitcoin miner, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Sky approves $1 billion allocation for Janus Henderson’s onchain fund using fresh-out-of-stealth Grove infrastructure
Grove is developed by Grove Labs, which is owned by the DeFi-focused financial advisory firm Steakhouse Financial.