December 17, 2024, 2:19PM EST • Layer 2s and Scaling ...

James Hunt is a reporter at The Block and writer of The Daily newsletter, keeping you up to speed on the latest crypto news every weekday. Prior to joining The Block in 2022, James spent four years as ...

Ohio State Representative Derek Merrin introduced a bill to create a bitcoin reserve within the state treasury. Several other state representatives have pushed for state bitcoin reserves, as U.S.

The U.S. Treasury Department issued sanctions against individuals that laundered cryptocurrencies to fund the North Korean regime. North Korea’s state-backed hackers are accused to be behind some of ...

Coinbase responded to a lawsuit filed last week by BiT Global arguing the exchange defamed the Justin Sun-affiliated entity and sought to monopolize the tokenized bitcoin market by delisting wBTC. In ...

About 107,000 emails were sent to U.S. senators by 52,000 Stand with Crypto advocates, according to a statement on Tuesday. Kara Calvert, vice president of U.S. policy at Coinbase, said the emails ...

Wormhole is working with blockchain development company Nuffle Labs on a solution to expand EigenLayer’s restaking functionality beyond the Ethereum ecosystem. Wormhole is working with restaking ...

Omni Network, the Ethereum scaling solution built on EigenLayer, launched its Omni Core mainnet. The protocol seeks to unify the fragmented Ethereum Layer 2 ecosystem by facilitating cross-chain ...

Bloomberg analysts Eric Balchunas and James Seyffart are expecting a wave of new cryptocurrency-based ETFs next year after leadership takes over at the SEC. Both predict that a host of new ETFs could ...

Popular non-fungible token project Pudgy Penguins has launched its PENGU token, with eligible participants given just 88 days to claim before their allocations are burned and effectively removed from ...

Onchain data shows one unlucky trader burned $10,000 worth of SOL trying to trade the PENGU token before it was officially airdropped. It appears the trader placed an order using the Jupiter ...

A planned vote to renominate SEC commissioner Caroline Crenshaw won’t be happening on Wednesday, first reported by Punchbowl News. ” [The vote] it’s deader than disco,” a person with knowledge of ...