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

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

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.

Quick Take Etoro went public in the U.S. in May at a $4.2 billion valuation. The firm’s assets under administration grew 54% year-over-year to $17.5 billion while the number of funded accounts grew 14 ...

Quick Take OKB, OKX’s native token, surged 170% following a tokenomics upgrade announcement. OKX said it plans to burn 65.26 million OKB tokens, with the total supply set to be adjusted to 21 million.

Polymarket had over 286,000 active traders in July, its highest total since April, ending a six-month downtrend for this metric. July’s total rose by over 18% from June, and is the first ...

Ethereum's daily transactions, by a seven-day moving average, reached a new all-time high of 1.74 million on Aug. 5. This surpassed the previous record of 1.65 million set on May 12, 2021, according ...

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Yogita Khatri Yogita Khatri is a senior reporter at The Block and the author of The Funding newsletter. As our longest-serving editorial member, Yogita has been instrumental in breaking numerous ...

Timmy Shen is an Asia editor for The Block. Previously, he wrote about crypto and Web3 for Forkast.News from Taiwan after spending more than three years in Beijing covering finance, entertainment ...