Blockchain News Post

Don’t miss real-time updates

Decentral Block Post

Access real-time blockchain and cryptocurrency news updates from around the globe.

Cathie Wood’s ARK buys another 220K Circle shares despite sell-off

Cathie Wood’s ARK Invest added $13.9 million worth of Circle shares on Tuesday, extending its July buying spree to 725,517 shares amid a steep stock decline.

Stripe, Advent offer $53B to acquire PayPal: Report

Stripe and Advent reportedly offered to buy PayPal for $53 billion, at a 28% premium compared to the company’s Tuesday closing price.

Kalshi says CFTC, Michigan orders leave it in ‘impossible position’

“We are disappointed by this decision and believe it is unfair to Kalshi,” the company’s legal counsel said on X.

US freezes $131M in Iran-linked crypto as Middle East tensions rise

“US Treasury is committed to disrupting and degrading Iran’s illicit financial activities, including its abuse of digital assets,” US Treasury Secretary Scott Bessent said Tuesday.

Bitmine generated $46M from Ethereum staking last quarter

Ethereum staking generated 98% of Bitmine’s revenue last quarter as the company’s pivot from Bitcoin mining gained momentum following its March validator launch.

Over 95% of Coinbase’s code is now written with help of AI

Coinbase’s Rob Witoff said the company is leaning more on AI to help with execution, but still needs high-agency humans for judgment and strategy.

Three US senators oppose CLARITY Act on ethics grounds with vote expected soon

Senate Majority Leader John Thune reportedly said the chamber will consider a vote on the crypto market structure bill before Aug. 10, though it’s unclear whether it has enough Democratic support to pass.

Velocity raises $38M to build stablecoin treasury infrastructure for enterprises

Backed by Dragonfly, FirstMark and Coinbase Ventures, the startup is expanding software that helps businesses integrate stablecoins into treasury and payment workflows.

US, UK treasuries to align transatlantic rules on tokenization and stablecoins

The two governments issued recommendations on the treatment of digital assets as the US prepares to implement a 2025 law on payment stablecoins.

UK government defers capital gains on certain crypto with ‘no gain, no loss’ approach

The change in tax policy, expected to affect about 700,000 people in the UK, is tied to the disposal of crypto in lending and liquidity pools.

JCB signs Circle MOU to test stablecoin payments in Japan

The companies will explore using USDC for JCB’s cross-border treasury operations and merchant payments in Japan as regulated stablecoin adoption gains momentum.

CleanSpark shares jump 22% after $6.6B Georgia data center lease

The Bitcoin miner’s Georgia agreement with an undisclosed investment-grade technology company expands its footprint in AI and high-performance computing infrastructure.

Anchorage Digital expands Tron support with institutional TRX staking

Institutions can now stake Tron's native token directly from Anchorage's custody platform as the company expands support for one of the largest USDT settlement networks.

Bitcoin jumps on lowest US CPI since 2020 as traders stay wary of $64K failure

BTC price action returned to $64,000 on low US CPI inflation, but traders remained wary of rejection at key resistance.

Wyden urges Senate leaders to keep dev protections in crypto bill

Senator Ron Wyden has called on Senate leaders to ensure the Blockchain Regulatory Certainty Act remains in the CLARITY Act when it is brought to the floor.

Trader loses $1M after signing phishing token approval

Onchain scammers netted more than $14 billion last year, and approval phishing remains a primary attack vector.

AI is shortening the shelf life of crypto security audits, researchers warn

Hackers have also been exploiting the codebases of defunct decentralized finance protocols, draining millions of dollars in customer funds.

AI boom fuels inflation fears, complicating Fed’s next rate move

Ongoing strong demand for AI infrastructure “would likely sustain upward pressure on prices for technology products and electricity,” Federal Reserve policymakers said.

Crypto VC Paradigm raises $1.2B to push into AI

Crypto venture firm Paradigm is widening its investment gaze toward AI and other frontier industries with its latest fund.

Mark Cuban-backed DeFi dashboard Zapper shutters after 7 years

Zapper provided crypto market data to over 2 million monthly active users and oversaw more than $13 billion in processed transactions during its peak.

Image