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The one-time, conditional loyalty payment is an attempt to reduce the amount of liquidity available to short sellers.
Bitdeer's bitcoin mining division reported revenue of $59.3 million, a 43% gain when compared to the previous year of $41.6 million.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Treasury asked for public input on what approach financial institutions should take to combat illicit activity involving cryptocurrencies.
Pump.fun's share of the Solana memecoin launchpad market has swung from as low as 5% roughly two weeks ago to 90% as of Sunday.
The SEC punted on deciding next steps for an ETF issued by Truth Social, a social media platform operated by Trump Media & Technology Group.
Chaos Labs debates USDe risks as Pendle looping trade swells Ethena’s Aave footprint to $6.6 billion
Ethena’s USDe boom is increasingly routed through Aave, but risk teams say popular Pendle–Aave loop scales yield and concentrates risk.
TeraWulf announced a $400 million private convertible notes offering as its Google-backed AI client Fluidstack looks to lease more compute.
Electric Capital is pursuing a “differentiated, onchain yield generation program" to outperform traditional ETH staking.
BitMine said it boosted its ether holdings to $6.61 billion after buying 373,110 ETH last week, as it eyes up to 5% Ethereum's supply.