Bitwise CIO sees market repricing as crypto embraces ‘revenue fever’
Bitwise CIO sees crypto valuations doubling as decentralized finance apps and protocols adopt revenue-driven token buybacks.
The Block•Brian Danga13 AugThe Block — page 19
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Coverage, page 19
page 19 of 61The Block•Brian Danga13 Aug
Mirae Asset to inject additional $35 million into Korbit crypto exchange following July acquisition: report
Mirae Asset completed the acquisition of Korbit in July, acquiring 97.15% of the company for roughly $91.5 million.
The Block•Danny Park13 Aug
Blockchain Association backs Custodia’s Supreme Court bid over Fed master account access
The industry group said the case is about ensuring 'lawful digital asset businesses can compete on equal footing.'
The Block•Timmy Shen13 Aug
BitGo sees revenue jump 80% to $4.3 billion in Q2 but posts net loss
The firm recorded a net loss of $19 million in Q2, compared with net income of $38.3 million in the same period last year.
The Block•Danny Park13 Aug
Hyperliquid treasury Hyperion triples quarterly profits as HYPE holdings rise in value
The company's HYPE holdings increased to $133 million during the second quarter, up from $71 million at the end of Q1.
The Block•RT Watson12 Aug
SEC clears Franklin Templeton funds to use onchain BENJI system for cash management
Franklin Templeton received a no-action letter from the SEC enabling its traditional registered funds to invest in its BENJI/FOBXX fund.
The Block•Daniel Kuhn12 Aug
Ethereum staking climbs to 34% as proposal targets validator rewards and ETH treasury firm yields
Researchers recently filed EIP-8361, a "tapered issuance burn" that destroys a growing share of validator rewards as the staking ratio rises.
The Block•Ivan Wu and Bryan Samsoedin12 Aug
Trump sued over Truth Social’s early-access feed as firm explores licensing data to prediction markets
A new lawsuit alleges Trump’s paid Truth Social feed unconstitutionally restricts access to official posts.
The Block•Kyle Baird12 Aug
Polymarket taps ex-Uber and Bird exec Travis VanderZanden to boost growth
Polymarket has hired the Bird, Uber and Lyft blitzscaling veteran Travis VanderZanden as chief growth officer.
The Block•Daniel Kuhn12 Aug
Goldman Sachs to gain bitcoin and ETH income ETFs in up to $2.25 billion Neos acquisition
Neos Investments offers the Bitcoin High Income ETF, Boosted Bitcoin High Income ETF and Ethereum High Income ETF.
The Block•Yogita Khatri12 Aug
SKALE launches Agent Pit to let builders train AI agents before taking them live on Polymarket
SKALE Labs launched Agent Pit, a Polymarket-inspired, paper-trading prediction market sandbox on its zero-gas blockchain.
The Block•Daniel Kuhn12 Aug
BIP-110 failure shows Bitcoin would be ‘almost impossible to reproduce,’ Plan B Network director says
Plan B Network director Giacomo Zucco says BIP-110’s failure exposed the challenges of recreating Bitcoin’s early development.
The Block•Kyle Baird12 Aug
Attackers keep hitting the wrong house in rural France after crypto millionaire moved: report
A French couple in the Somme who bought a former crypto millionaires’ house have been targeted in three separate home invasions.
The Block•Daniel Kuhn12 Aug
New York City Council opens probe into prediction market platforms
The NYC Council has opened a probe into prediction market platforms over alleged "false, deceptive, or abusive marketing tactics."
The Block•Sarah Wynn12 Aug
Bitcoin dips under $64,000 as in-line CPI buys the Fed time, not conviction: analysts
Bitcoin fell under $64,000 after July CPI matched forecasts at 3.4%, with analysts saying the in-line print keeps the Fed patient.
The Block•Naga Avan-Nomayo12 Aug
Kalshi first prediction market to stream full order books via DoubleZero
The move gives institutional traders direct access to Level 1 and Level 2 data without having to reconstruct the book from APIs.
The Block•Daniel Kuhn12 Aug
Standard Chartered-backed Anchorpoint begins HKDAP stablecoin rollout
Standard Chartered-backed Anchorpoint began an institutional rollout of its Hong Kong dollar stablecoin, HKDAP, following licensing approval.
The Block•Brian Danga12 Aug
Bitcoin market in ‘hibernation’ as perp trading activity sinks to three-year low ahead of US CPI release: K33
Elevated open interest leaves the market exposed to sharper liquidation-driven moves, K33 said, as traders await Wednesday's U.S. CPI report.
The Block•James Hunt12 Aug
Australian regulator takes down Yepbit websites as investors report blocked withdrawals
Australia's ASIC took down Yepbit websites and denied the platform's false claims that the regulator had frozen investor funds.
The Block•Brian Danga12 Aug
FlightAware drops lawsuit against Kalshi one day after filing
The flight tracker previously claimed that Kalshi improperly used its data and trademark to run prediction markets on flight cancellations.
The Block•Timmy Shen12 Aug