Jason Shubnell
US News Editor at The Block
US News Editor @TheBlock__ Meet me in the land of hopes and dreams
Articles
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6 days ago |
theblock.co | Jason Shubnell
Latest Crypto News Apr 17, 2025, 5:01PM EDT • Layer 1s Apr 17, 2025, 1:55PM EDT • Companies See More Latest Crypto News exclusive Quick TakeRipple will be seeding the initial investment as its anchor investor, according to a release shared exclusively with The Block. XRP is the world’s third-largest cryptocurrency by market cap, which currently stands at around $121 billion.
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1 week ago |
theblock.co | Jason Shubnell
Quick TakeJanover has invested over $9.6 million into Solana (83,000+ SOL) as part of a new digital asset treasury strategy, with plans to stake its holdings and run validators to generate onchain revenue. The move follows a $42 million funding round and has triggered a 1,100% surge in Janover’s stock price as the company positions itself as a transparent, publicly traded vehicle for crypto exposure.
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2 weeks ago |
theblock.co | Jason Shubnell
Markets received a jolt Wednesday afternoon after President Donald Trump said he would pause his worldwide reciprocal tariffs. President Trump has paused tariffs for 90 days and lowered reciprocal duties to 10% for most countries, effective immediately; China’s tariff rate will jump to 125%. Traditional U.S. indices surged 10% intraday, reversing some of the damage over the past week.
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2 weeks ago |
theblock.co | Jason Shubnell
Riot Platforms pulled back its influence over Bitfarms on Wednesday night, agreeing to limit its voting power to 9.9% and transferring the rest to Bitfarms through an irrevocable proxy — a move that could ease tensions in their ongoing takeover saga. The agreement reduces Riot’s stake from 90.11 million shares at the end of 2024 to 54.8 million shares, though it retains the flexibility to buy or sell shares going forward, according to a Tuesday press release.
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2 weeks ago |
theblock.co | Jason Shubnell
Swiss fintech firm and infrastructure provider Taurus on Wednesday launched Taurus-NETWORK, an interbank platform designed to connect financial institutions globally for seamless collaboration on digital assets. The network aims to unlock new use cases, such as collateralized lending, real-time settlement and operational automation, while reducing counterparty risk.
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