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BlockBeat: Breaking Investors' Staple Stablecoin Diet
With the collapse of Silvergate, Silicon Valley and Silvergate banks have left investors questioning their stablecoin approach, but what even is a stablecoin?
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Sharplink Posts $735M Loss on Unrealized ETH Declines Despite Strong Staking Revenue
Ethereum treasury company's losses tied to market volatility, not operational setbacks
KAST Raises $80 Million for Stablecoin Neobank at $600 Million Valuation
The 18-month-old startup claims 1 million users and targets $100 million in annual revenue, but faces an increasingly crowded field following Stripe's $1.1 billion Bridge acquisition.
Oil Explodes, But Bitcoin Steady Despite Losing Momentum
Bitcoin’s muted drop during the oil shock hints at flushed leverage and steadier holders, even as war-driven energy prices threaten broader risk assets.
Jack Dorsey Says Block Will Support Stablecoins Despite Personal Opposition
"I don't like that we're going to support stablecoins but our customers want to use them," the Bitcoin advocate told WIRED.