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Ark's move comes as Block Inc.'s stock fell 0.49% to close at $73.03 on Monday, its lowest closing price since July 18.
Open interest in CME ETH futures also experienced a 75% increase, from $2.97 billion in June to a record $5.21 billion in July.
LetsBonk mounted a significant challenge in early July, rapidly capturing market share to peak at nearly 70% of graduated tokens.
If the deal moves forward, MARA will pay $168 million in cash to secure a 64% stake in Exaion, the data firm with a foot in AI.
Terraforn Labs co-founder Do Kwon plans to plead guilty years after U.S. prosecutors charged him with fraud and money laundering.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The price of Ethereum's native asset ether recently eclipsed $4,000 level for the first time in eight months.
Paxos said it has applied for a national trust charter, marking the third crypto firm over the past few months to do so.
Coinbase Ventures has purchased TON tokens “directly from Telegram,” TON Foundation president Manuel Stotz told The Block.
Executive Chairman Matthew Schultz co-founded the Nasdaq-listed bitcoin miner in 2014 and previously served as CEO.