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The Block

The first and final word in digital assets
Ethereum public goods funding protocol Gitcoin winding down its software division
Gitcoin is shutting down its primary software development unit, Gitcoin Labs, largely due to a lack of profitability, the project said Friday....
Payments giant Stripe building ‘new stablecoin product,’ bypassing US, EU and UK
The product will be built using Bridge, the stablecoin services unit Stripe acquired in October 2024 for $1.1 billion....
The Daily: Ark Invest outlines $2.4 million bitcoin bull case, decentralized AI gets a $50 million boost from Paradigm and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons....
SEC Chair Paul Atkins signals sharp shift on digital assets in first public remarks at crypto roundtable
In his fourth day at the job, new SEC Chairman Paul Atkins said he anticipates "huge benefits" from digital assets....
Coeptis dives 40% on Dogecoin mining pivot with Z Squared merger
As part of the deal, Coeptis will acquire 9,000 Dogecoin mining machines in exchange for equity in the company....
BlackRock’s Bitcoin ETF nears 3% of total BTC supply as inflows spike
The fund manager's Bitcoin holdings accounts for only a sliver of its nearly $12 trillion in overall assets under management....
Bitwise files to launch NEAR ETF in Delaware as SEC warms to crypto funds under Trump
An exchange-traded fund entity tracking NEAR has been filed as a Delaware trust company by crypto asset manager Bitwise. ...
Paradigm leads $50 million Series A round for decentralized AI project Nous Research
Paradigm has led a $50 million Series A round for decentralized AI startup Nous Research, bringing its token valuation to $1 billion....
Bitcoin holds $94,000 after $7.2 billion options expiry as whales accumulate amid 2-year high CEX outflows
Historic BTC outflows from centralized exchanges and whale accumulation seemingly dampened Friday's $7.2 billion bitcoin options expiry....
SEC requests dismissal of Dragonchain lawsuit, citing Crypto Task Force launch
The move is part of a larger wave of the SEC rescinding its enforcement actions against multiple major crypto players....
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