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In this edition, I’m digging into why raising a crypto VC fund has gotten harder — even in a bull market — and what that means for the road ahead.
Durov may only leave France for Dubai, where Telegram is headquartered and Durov's family lives, for up to two weeks at a time.
Wormhole had extended a $120 million cash offer for Stargate, but Stargate's DAO declined to interrupt the ongoing LayerZero acquisition vote.
The launchpad's first-week revenue quickly established Heaven as a significant competitor to Pump.fun.
The shift comes as Japan also plans to approve the first official yen-denominated stablecoin, JPYC, in the fall.
If spot prices match the current futures prices, Trump's personal stake in the project would be worth over $6 billion.
The cluster of filings was taken as a sign by some analysts that the asset managers are responding to feedback from the SEC.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The price of ETH, Ethereum's native token, set its previous all-time high of around $4,878 in November 2021.
The Internal Revenue Service's top cryptocurrency lead left the tax agency as new changes are set to come into force next year.