James Hunt
Reporter at The Block
✍️ Reporter @TheBlock__ 🗞️ Writer of The Daily https://t.co/NACqnJ1cRW 📨 [email protected] ✉️ DMs open. Opinions are my own.
Articles
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1 week ago |
theblock.co | James Hunt
Quick TakeChinese local governments are quietly selling off crypto assets seized from illicit activities to raise funds despite a crypto ban on the mainland, according to Reuters. Coinbase Institutional has flagged signs of a new “crypto winter,” or bear market in the traditional world, with most digital assets trading below their 200-day moving averages and the total crypto market cap (excluding bitcoin) falling 41% since December — back to April 2022 levels.
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1 week ago |
theblock.co | James Hunt
Several converging signals may be pointing to the start of a new "crypto winter," according to Coinbase Institutional, amid extreme negative sentiment following Trump's recent tariff turmoil and the potential for further escalation.
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1 week ago |
theblock.co | James Hunt
Janover announced it had acquired an additional 80,567 SOL for approximately $10.5 million on Tuesday, taking its total holdings to 163,651.7 SOL — valued at approximately $21.2 million. Janover, set to be renamed to DeFi Development Corporation, is a Nasdaq-listed commercial real estate software company that a group of former Kraken executives acquired a majority stake in earlier this month.
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1 week ago |
theblock.co | James Hunt
"Blockchain bank account" platform Bleap has signed a strategic partnership with payments giant Mastercard in the latest push to integrate stablecoin payments into traditional financial infrastructure. Former Revolut employees Joao Alves and Guilherme Gomes co-founded Bleap, announcing last year they had raised $2.3 million in pre-seed funding, led by Consensys founder Joe Lubin's Ethereal Ventures, to build the platform, bringing the company to a $10 million post-money valuation.
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1 week ago |
theblock.co | James Hunt
Quick TakeEthereum Layer 2 scaling solution ZKsync disclosed a $5 million theft from a compromised admin account managing the project’s airdrop contract. Bitwise CIO Matt Hougan said bitcoin is performing “notably different” from prior pullbacks and is acting like an asset that wants to go higher if only macro obstacles would get out of the way. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
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