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Kwon was criminally charged in March 2023 with conspiracy to defraud, commodities fraud, wire fraud, and securities fraud, among others.

Circle unveiled plans for its own stablecoin-focused Layer 1 blockchain, Arc, on Tuesday, expected to launch on public testnet this fall.

SOL has gained 15.4% over the past 24 hours to regain the $200 level as optimism reignites across the altcoin space. Analysts said the psychological and technical milestone signaled renewed investor ...

CrediX team appears to have executed an exit scam following a $4.5 million exploit, with the project’s X account inactive and website offline.

Democratic staff say Republican counterparts'crypto draft bill creates a "superhighway" for assets looking to skirt regulators' authority.

Quick Take REX Shares and Tuttle Capital Management have launched GLXU, a 2x leveraged ETF tracking the stock price of Galaxy Digital. Galaxy Digital’s stock is up about 52% year-to-date, though it ...

China orders brokers and research groups to halt promoting stablecoins, including canceling seminars and reports, as Beijing's skepticism persists.

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.

Quick Take Animoca Brands, Standard Chartered, and HKT have officially announced their joint venture, Anchorpoint Financial, to apply for a stablecoin license in Hong Kong. The JV has “indicated ...

Zack Abrams is a writer and editor based in Brooklyn, New York. Before coming to The Block, he was the Head Writer at Coinage, a Web3 media outlet covering the biggest stories in Web3. The story he co ...