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Zhou questioned real benefits of stablecoin adoption, suggesting China's financial system is already making progress under centralization.
Ark Invest, led by Cathie Wood, bought $15.6 million in BitMine shares on Wednesday across three of its ETFs.
Online gamblers are betting Bitcoin will dip below $100,000 while analysts try to understand how it could happen.
Union Square Ventures led the $15-million seed round in The Clearing Company, which will compete with Polymarket and Kalshi.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Whale activity drove a 2.5x price spike on Hyperliquid's XPL pre-launch market, sweeping liquidity and triggering liquidations.
The CFTC is adopting Nasdaq's surveillance program as it positions itself to take on a larger role in overseeing digital assets.
Avail, a modular blockchain infrastructure project backed by Peter Thiel's Founders Fund and other notable investors, has acquired Arcana, a chain abstraction protocol.
Aave Labs' Horizon platform enables stablecoin loans backed by tokenized U.S. Treasurys and institutional funds.
Japan’s Metaplanet intends to raise about $880 million in an international share offering and spend almost all of it on bitcoin over the next two months.