CoinFund’s David Pakman says crypto hasn’t solved tokenomics
During an interview on The Starting Block David Pakman suggested projects could pay contributors in stablecoins.
The Block•RT Watson14 JulThe Block — page 40
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page 40 of 61The Block•RT Watson14 Jul
Wall Street turns cautious on Circle as analysts warn USDC economics face mounting pressure
Mizuho downgraded the stock and JPMorgan lowered earnings estimates, citing concerns that USDC is coming under pressure.
The Block•Kyle Baird14 Jul
Bitcoin mining production slips in June for CleanSpark, BitFuFu and Canaan
CleanSpark, BitFuFu and Canaan reported lower bitcoin production in June despite mining difficulty dropping more than 10%.
The Block•Kyle Baird14 Jul
Galaxy blends Aave, Morpho and other DeFi rates in new GOFR crypto borrowing product
Galaxy will act as the sole intermediary between the accredited borrowers and the blockchain-based lending protocols.
The Block•Daniel Kuhn14 Jul
‘Soft print, hard regime’: Bitcoin climbs toward $64,000 as June CPI falls 0.4% in largest monthly drop since 2020
June CPI fell 0.4% and core held at 2.6% annually, lifting BTC toward $64,000 as analysts flip from fears to a summer recovery case.
The Block•Naga Avan-Nomayo14 Jul
Benchmark sees ‘long pathway for growth’ in Hut 8, raises target to $165 on $16.8 billion AI data center deals
Benchmark raised Hut 8's target to $165, citing $16.8 billion in AI data center contracts and Beacon Point commercialization.
The Block•Brian Danga14 Jul
Tether leads $7 million round in Pact Labs to boost USAT stablecoin adoption
“Pact Labs gives us the rails to make digital dollars designed to be compliant with U.S. regulations," says Tether USAT.
The Block•RT Watson14 Jul
Dragonfly, FirstMark lead $38 million Series A for stablecoin startup Velocity with support from Coinbase, Ripple and more
The startup enables corporate users to use stablecoins while connecting to traditional banking rails and compliance systems.
The Block•Daniel Kuhn14 Jul
Decentralized AI project Nous Research in talks to raise $75M at $1.5B valuation: report
Nous Research is raising at least $75 million led by Robot Ventures at a $1.5 billion valuation, per TechCrunch.
The Block•Naga Avan-Nomayo14 Jul
European Central Bank taps 36 payment providers for yearlong digital euro pilot
The ECB selected 36 payment providers to test a beta digital euro in a yearlong pilot beginning in late 2027.
The Block•Brian Danga14 Jul
Distributed compute startup Boundless expands 4,000-GPU network from ZK to AI
Boundless, which built a 4,000 GPU cluster to settle Ethereum and Base ZK proofs on Bitcoin, is expanding to AI compute.
The Block•Daniel Kuhn14 Jul
CleanSpark signs $6.6 billion, 20-year data center lease with unnamed global tech firm
CleanSpark has signed a 20-year, $6.6 billion data center lease in Sandersville, Georgia, with a confidential tech tenant.
The Block•Naga Avan-Nomayo14 Jul
UK HMRC adopts ‘no gain, no loss’ tax treatment for crypto lending, liquidity pools
HMRC adopts "no gain, no loss" treatment for certain crypto loans and liquidity pool transactions, deferring CGT until economic disposal.
The Block•Naga Avan-Nomayo14 Jul
US government moves over $288 million in seized bitcoin, ether to Coinbase Prime: Arkham
According to Arkham, U.S. government wallets maintain a large crypto portfolio estimated at over $20 billion, including 324,552 BTC.
The Block•Danny Park14 Jul
Former LASD deputy jailed for obstructing crypto ‘mogul’ Adam Iza extortion probe
A former LASD deputy was sentenced to 18 months in federal prison for lying about an Adam Iza extortion incident.
The Block•Brian Danga14 Jul
South Korea maintains blockchain economy push as AI takes center stage
Plans include the enactment of the Digital Asset Basic Act and advancement of a CBDC project linked to the tokenization of government bonds.
The Block•Danny Park14 Jul
US banking groups urge Senate to strengthen stablecoin provisions in Clarity Act
The groups warned that the current bill could allow stablecoins to substitute for bank deposits and increase the risk of deposit flight from community banks.
The Block•Danny Park14 Jul
What Is RLUSD? Ripple’s XRP-Native Stablecoin Explained
RLUSD is a regulated stablecoin issued by Ripple Labs — the firm behind the XRP blockchain — designed to maintain a steady value of one U.S. dollar per token. Each RLUSD is backed one-to-one by a reserve of cash, short-term U.S. Treasury bills, and other cash equivalents, and is redeemable for U.S. dollars by approved […]
The Block•The Block Research14 Jul
How Bitcoin ETFs Changed Institutional Adoption
A spot bitcoin ETF is a fund that holds actual bitcoin and trades on a stock exchange, so an investor gains exposure to bitcoin’s price through an ordinary brokerage account. When the first U.S. spot bitcoin ETFs began trading in January 2024, they removed the custody, compliance, and operational barriers that had kept many asset […]
The Block•The Block Research14 Jul
Bitcoin and Ethereum tweet volume falls to 12-month lows despite institutional crypto boom
Retail attention via social chatter is back to 2020 levels even as institutional involvement has moved in the opposite direction.
The Block•Ivan Wu and Bryan Samsoedin13 Jul