The new milestone was reached shortly after the launch of BlackRock's first tokenized asset fund — BUIDL, which joined 16 other tokenized government securities funds last week.
Over $1B in US Treasurys have now been tokenized on-chain BlackRock CEO ’very bullish’ on Bitcoin as its ETF crosses $17B BlackRock’s CEO Larry Fink says he’s been “pleasantly surprised” at the level of retail demand for his firm’s spot Bitcoin ETF.
US Bitcoin miner Giga Energy to launch facility in Argentina Giga's new site harnesses otherwise wasted energy from natural gas flaring and has already mined between $200,000 and $250,000 worth of Bitcoin, says the firm's co-founder.
Coinbase to move customer and corporate USDC balances to Base Coinbase’s move on-chain will carve a path toward a future on-chain financial system, claimed Bankless podcast co-host David Hoffman.
Ethereum client diversity improves, non-Geth clients now account for 34% While the reduced reliance on Geth is good news, “we can’t declare victory yet,” says Lachlan Feeney, founder and CEO of Ethereum infrastructure firm Labrys.
Grayscale tips Ether ETF approvals despite SEC ‘lack of engagement’ “The case is just as strong as it was for spot #Bitcoin ETFs,” Grayscale’s chief legal officer Craig Salm wrote in a post on X.
Tron’s Bitcoin layer-2 plan could see ’wrapped’ USDT flow into Bitcoin In February, Tron founder Justin Sun announced it was working on a Bitcoin layer-2 solution to intertwine its tokens with the Bitcoin network.
Base TVL doubles in a month as pundits tip memecoins to drive adoption It took 203 days for Coinbase’s Base network to notch $1 billion in total value locked but only 25 days to reach $2 billion.
Backtested DCA strategy suggests selling Bitcoin at ‘extreme greed’ most profitable A Redditor suggested selling 5% of one’s Bitcoin during times of “extreme greed” produces higher ROI than just hodling it like everyone else.
Pundits worry SEC’s Ethereum probe could be used to hold back ETFs The SEC’s reported investigation into the Ethereum Foundation could explain why the regulator hasn’t been forthcoming with prospective spot Ether ETF issuers, some suggest.
BlackRock receives memecoins, NFTs after depositing $100M USDC onchain The transfers ranged from Bitcoin-based Ordinals Pepe (PEPE) coin to a CryptoDickbutts S3 NFT.
Trezor X account shills fake presale tokens in suspected hack The official X account for Trezor began asking users to send crypto to an unknown wallet address and posted nefarious links to a fraudulent token presale.
Saudi Arabia plans $40B AI investment fund overseen by a16z: Report If the $40 billion fund goes ahead, it would make Saudi Arabia the largest investor in the AI space.
USDM stablecoin eyes retail rollout next month: Mehen founder Some industry pundits say USDM has superior properties to USDT and USDC in that it can’t be frozen — but problems could arise if regulators demand action.
SEC hit with sanctions for its ‘gross abuse of power’ in Debt Box case The SEC initially conceded it misled the court but argued a sanction wasn’t appropriate.
Cardano finally gets fiat-backed stablecoin USDM after huge delays Mehen Finance planned to launch USDM in early 2023 but saw delays after crypto-friendly banks shuttered in 2023 and its banking partner went to work with Circle.
El Salvador’s Bitcoin wallet gets sats, cats and a cypherpunk manifesto Approximately $700 in satoshis were sent to El Salvador’s new “Bitcoin piggy bank” across dozens of donations.
Federal Reserve lists CBDCs as one of 7 ‘key duties’ to Congress “If you don’t think the Fed is pursuing a CBDC, think again,” said U.S. Representative Tom Emmer.
Peter Schiff once called Bitcoin a ‘pure ponzi’ now wishes he bought some Schiff claims he would have “kept quiet” had he bought Bitcoin because he never believed in its fundamentals.
MicroStrategy is on its second fundraising ploy this month to buy more Bitcoin The firm only just completed a $800 million raise earlier this week which was used to scoop up another 12,000 Bitcoin.
Bitcoin price rollercoaster liquidates $360M from long and short sellers 10x Research attributed the large liquidations to some traders anticipating a price correction, while others have fear of missing out (FOMO) that Bitcoin will keep rallying.
Coinbase shares dip after-hours as exchange plans $1B convertible notes offer Coinbase’s offering will better position the firm to pay off three existing debts due in 2026, 2028 and 2031.
Bitcoin is more of a ‘billion-dollar building in cyberspace,’ argues Saylor The MicroStrategy chairman argued that the U.S., Europe and China would be much more likely to embrace Bitcoin if it were seen as digital property, not a medium of exchange.
Bitcoin at ATH, but new ‘millionaire’ wallets are lagging — Kaiko On-chain Bitcoin whales have had a slow return despite Bitcoin surpassing its previous all-time high.
Bitcoin halving: What’s different this time around? Fewer Bitcoin entering circulation after the halving will be met with increased demand from spot Bitcoin ETF issuers, leading to a “continuous, but volatile upward grind” in price, a mining analyst says.
US prosecutors to continue tussle for Do Kwon’s extradition: Report The United States and South Korea have been fighting for Kwon’s extradition since he was arrested in March 2023.
Gemini mulled forming a ‘juggernaut’ with Genesis before it went to smoke Barry Silbert, CEO of Digital Currency Group once pitched creating a combined company with Gemini that could compete with the likes of Coinbase and FTX.
FTX, Alameda reaches ‘in principle’ settlement with BlockFi, paying $874M The bankrupt crypto companies have resolved their disputes for nearly $1 billion, which could lead to full recovery for BlockFi’s customers.
Arizona’s Senate mulls proposal to add Bitcoin ETFs to retirement portfolios Satoshi Action Fund CEO Dennis Porter said even adding a small amount of Bitcoin ETF exposure could “DRAMATICALLY” de-risk an asset portfolio.
Cryptoqueen’s brother is freed after 3 years jail over OneCoin scheme: Report After spending 34 months in prison, Konstantin Ignatov walked free after cooperating with prosecutors and agreeing to hand over $118,000 in ill-gotten gains.