Blockworks

2 days ago | blockworks.co | Casey Wagner

Mastering The Art of the Deal is apparently not easy. There are supposedly 69 days left to ink a permanent trade agreement with China, but progress has shown signs of stalling in recent days. Here's what we know:President Trump in the wee hours of the morning took to social media to comment on the status of trade talks with China. Spoiler: There doesn't seem to be much advancement.

3 days ago | blockworks.co | David Canellis

It took nearly seven centuries for a cryptography breakthrough to sunset the Caesar cipher that was big in the first century BC. Caesar ciphers simply shifted letters up or down in the alphabet by a fixed number of positions. Starting in the year 800, Arab polymath al-Kindi began working on what's known as frequency analysis - a type of systematic pattern recognition that would result in reverse-engineering shift cipher encryption, like the Caesar.

4 days ago | blockworks.co | Casey Wagner

June has certainly started off with a bang, and we don't expect things to slow down anytime soon. With lots of updates on the tariff front, Congress back from recess, and an FOMC meeting on the horizon, it's going to be a busy month. Focusing on tariffs, though, here's where we currently stand: After last week's court drama, certain tariffs (including Trump's fentanyl-related levies against Canada, Mexico and China) will remain in place until at least June 9.

4 days ago | blockworks.co | Ben Strack

The SEC's move to halt proposed crypto ETFs that would allow staking likely won't help or hurt other issuers' efforts to unlock that feature for their own funds, industry watchers argue. Registration statements for the Rex-Osprey ETH Staking ETF and the Rex-Osprey SOL Staking ETF went effective on May 30 "without resolution of staff comments," the SEC wrote in a letter that day.

4 days ago | blockworks.co | Ben Strack

Stablecoin issuer Circle is upping the number of shares it plans to offer as the company gets set to go public on the New York Stock Exchange. The company is offering 32 million shares of Class A common stock, according to a Monday filing. That includes 19.2 million shares offered from selling stockholders, for which Circle will not receive proceeds from. Circle expects the initial public offering price to be between $27 and $28 per share, it added in the disclosure.