Quick Take The Uniswap Foundation has proposed a new legal entity for the protocol’s governance under Wyoming’s “DUNA” framework for DAOs. The proposal calls for giving the entity $16.5 million worth ...

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.

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

Peter Thiel-backed Bullish wants to raise nearly $1 billion with its initial public offering. Last week, the company said it sought to raise up to $629 million. Crypto platform Bullish, which counts ...

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 ...

Open interest in CME ETH futures also experienced a 75% increase, from $2.97 billion in June to a record $5.21 billion in July.

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.

Crypto deals & news around deals being rumored in the cryptocurrency space, Bitcoin market, crypto companies, crypto exchanges, & more ...

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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 ...

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