The Block

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The Block

The first and final word in digital assets

Walmart and Amazon consider issuing US dollar-backed stablecoins: WSJ
Walmart and Amazon are eyeing stablecoin launches as regulatory clarity gained speed in the United States under President Donald Trump....

SharpLink shares tumble 70% after $425M raise for Ethereum treasury strategy
SharpLink's shares fell over 70% after the company's recent filing notifying a potential resale of over 68 million common shares....

GameStop upsizes private offering to $2.25 billion despite stock slump amid bitcoin treasury plans
The company plans to use the proceeds for general corporate purposes and potential acquisitions in line with its investment policy....

Anthony Pompliano in talks to lead public firm seeking $750 million to purchase Bitcoin: FT
Anthony Pompliano is expected to lead a public company seeking to raise $750 million for Bitcoin purchases, the Financial Times reported....

US Senate schedules final GENIUS stablecoin bill vote for June 17
The stablecoin bill, if passed by the Senate, will move on to the House of Representatives for further voting....

SEC officially scraps Gary Gensler-era DeFi exchange, custody rule proposals
The proposals were made under former Chair Gary Gensler, who led the agency's 'regulation by enforcement' approach....

Bitcoin sinks below $104,000, ether slides after Israeli airstrikes on Iran
Israeli Defense Minister Israel Katz declared a state of emergency following the country's airstrikes on Iran....

Leading Ethereum backers say ETH is ‘significantly mispriced’ and misunderstood by institutional investors
Leading Ethereum supporters say the cryptocurrency is 'significantly mispriced' and poorly understood by institutional investors....

Galaxy’s Novogratz suggests Bitcoin hits $1 million if adoption trend perists
The executive is not the first Bitcoin bull to suggest that the asset's price will continue to rise well beyond its current value....

SEC, Ripple ask for ruling tied to $125 million fine in latest filing as they look to wrap up years-long case
Ripple and the SEC are trying again to divvy up millions of dollars in fines, following a judge's rejection last month....