Block Lore

DeFi

Solana Crossroads 2025 Highlights Real-World DeFi Growth and Trading Innovation on Blockchain

At the heart of Istanbul’s bustling tech scene, the Solana Crossroads 2025 conference convened some of the most influential minds in blockchain on April 25–26. From trading protocols to real-world financial tools, the event spotlighted how decentralized finance (DeFi) is maturing — with a sharp focus on user experience,

Markets

Hut 8 Reports $134 Million Q1 Loss Amid Strategic Pivot and Bitcoin Market Rally

Bitcoin mining firm Hut 8 has reported a net loss of $134.3 million for the first quarter of 2025, reflecting what the company describes as a strategic phase of reinvestment and repositioning. The results, published Thursday, show a significant year-over-year revenue decline of 58%, bringing quarterly earnings to $21.

Markets

Crypto Market Surges Past $3 Trillion as Bitcoin Breaks $100K and Virtuals Protocol Leads Altcoin Rally

The global cryptocurrency market made a dramatic upward move today, with total market capitalization climbing above $3.17 trillion, its highest level in over two months. The surge was driven by a mix of macroeconomic optimism, positive legal developments, and standout performances from major tokens like Bitcoin and Virtuals Protocol.

Markets

Coinbase Acquires Deribit for $2.9 Billion, Cementing Global Leadership in Crypto Derivatives

In a bold move signaling its deepening commitment to crypto derivatives, Coinbase has agreed to acquire Deribit, one of the world’s leading crypto derivatives exchanges, for a total of $2.9 billion. The acquisition not only marks a significant shift in Coinbase’s global strategy but positions the company

Regulation

Stablecoin Regulation Advances as Senate Democrats Clear Path for GENIUS Act Vote

In a calculated legislative move, a group of Senate Democrats has introduced a symbolic amendment to the GENIUS Act—an influential stablecoin regulation bill—clearing a key obstacle and increasing the likelihood that the legislation will move forward. The GENIUS Act, which aims to establish a regulatory framework for stablecoins

Regulation

Trump Reportedly Upset Over XRP Lobbying Tie in Crypto Reserve Post

President Donald Trump was reportedly caught off guard and angered after discovering that a recent social media post promoting XRP, Solana, and Cardano was drafted by a lobbyist affiliated with Ripple, according to a report by Politico citing anonymous sources familiar with the matter. The post, published in March on

Blockchain

Superstate Launches 'Opening Bell' to Bring SEC-Registered Equities Onchain via Solana

Superstate, a fintech firm recognized for its tokenized funds like USTB and USCC, is expanding its reach into public markets with the launch of Opening Bell — a new platform designed to issue and trade SEC-registered public equities directly on blockchain networks. The platform debuts with support for Solana, marking a

Cryptocurrency

Core Scientific Reports Steep Revenue Decline in Q1 2025 Amid Strategic Pivot, But Net Income Surges

Core Scientific, a prominent Bitcoin mining and data center infrastructure provider, reported a sharp revenue decline in its Q1 2025 earnings while simultaneously achieving a substantial increase in net income — a contrast that underscores the company’s ongoing strategic transformation. The firm’s total revenue fell 55.7% year-over-year, dropping

NFT

OpenSea’s SEA Token Airdrop Sparks Community Debate Over Reward Criteria

Nearly three months after OpenSea introduced its SEA token and launched the OS2 beta, excitement has surged once again—but this time, it’s not just about innovation. A lively debate is unfolding across the NFT space over how OpenSea should determine eligibility for its upcoming SEA token airdrop. Since

DeFi

Trump-Linked USD1 Stablecoin Skyrockets to $2.1B Market Cap in Days

Since late April, USD1—a stablecoin launched by Trump-affiliated World Liberty Financial (WLFI)—has seen its market capitalization surge from under $130 million on April 27 to over $2.1 billion today, according to CoinGecko. CoinMarketCap and DeFiLlama data confirm the token’s supply jumped by more than $720 million

Finance

Stripe Launches Stablecoin Financial Accounts After $1.1B Bridge Deal

Stripe has rolled out Stablecoin Financial Accounts, a new feature enabling businesses in 101 countries to hold, receive, and send U.S. dollar–backed stablecoins alongside traditional fiat. Leveraging its recent $1.1 billion acquisition of Bridge, Stripe now supports USDC and Bridge’s USDB, with plans to onboard additional

Cryptocurrency

Sui Network Surges Past 1 Million Daily Wallets as Ecosystem Growth Accelerates

The Sui Network (SUI) is experiencing a rapid resurgence in 2025, firmly placing itself among the top 10 altcoins by market capitalization (excluding stablecoins). Despite a comparatively smaller market cap than some of its Tier-1 peers, Sui is showing signs of accelerated adoption, unique user engagement, and growing institutional interest.

Regulation

Trump Meme Coin Sparks Political Ethics Debate Amid Crypto Regulation Loopholes

A political controversy is brewing over a meme coin linked to former U.S. President Donald Trump, raising serious questions about the use of cryptocurrency in campaign financing and political influence. Former UK Minister of State Rory Stewart has warned that the coin may serve as a backdoor channel for

NFT

Doodles Expands Access to DOOD Token with 'New Blood' Airdrop Initiative

As the Doodles NFT project prepares for its upcoming DOOD token generation event, the team has released new details on how newcomers—dubbed "New Blood"—can participate in the airdrop, even without owning a Doodles NFT. In a post shared on X (formerly Twitter), Doodles announced that eligible

Cryptocurrency

Revolut Taps Lightspark to Supercharge Bitcoin Transactions Across UK and Europe

London, UK – In a significant move toward faster and more efficient cryptocurrency transactions, leading fintech firm Revolut has announced a partnership with Lightspark, a company building infrastructure on the Bitcoin Lightning Network. The collaboration aims to streamline Bitcoin payments for users in the UK and select countries within the European

Regulation

US Senate to Vote on Pivotal Stablecoin Bill Amid Bipartisan Pushback

With tensions simmering on both sides of the aisle, the U.S. Senate is gearing up for a critical vote on Thursday to advance the so-called GENIUS Act, landmark legislation that would impose stricter rules on stablecoin issuers. Spearheaded by Senator Bill Hagerty (R-Tenn.), the bill aims to require that

Markets

India-Pakistan Escalation Threatens Global Economic Stability

The fragile peace in South Asia has been shattered. India's "Operation Sindoor," launched today with missile strikes on nine sites inside Pakistan and Pakistan-administered Kashmir, marks a dangerous new phase in the historic rivalry. As retaliatory threats fly and the Line of Control sizzles with gunfire,

Regulation

U.S. Treasury’s Bessent and Trade Rep Greer Head to Switzerland for China Talks

In a bid to thaw the chilly trade relationship between Washington and Beijing, U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer will travel to Switzerland later this week for high-level talks with China’s Vice Premier He Lifeng. Announced jointly by both governments on Tuesday,

Regulation

New Hampshire Pioneers U.S. Strategic Bitcoin Reserve Legislation

New Hampshire has made history as the first U.S. state to enact a “Strategic Bitcoin Reserve” law. Governor Kelly Ayotte signed House Bill 302 on Tuesday, authorizing the state treasurer to allocate up to 10% of the general fund—and other approved funds—into precious metals and digital assets

Finance

Michael Saylor: Strategy’s AI-Designed Preferred Shares Break New Ground

Michael Saylor, co‑founder and executive chairman of Strategy, has declared his company’s newest preferred stocks—Strike (STRK) and Strife (STRF)—the first “AI‑designed securities” in the industry. Speaking at a live event on Tuesday, Saylor explained that an AI‑powered interface played a critical role in shaping

Markets

XRP Price Drops to Weekly Low as Bearish Pressure Builds and Traders Eye Further Decline

XRP Hits Weekly Low at $2.09 as Bearish Sentiment Grows Among Traders XRP has slid to a fresh seven-day low of $2.09, sparking renewed concern among traders as technical indicators and market sentiment point to potential further downside. The cryptocurrency, one of the largest altcoins by market cap,

Finance

FTX Sold Anysphere Stake for $200K Before AI Firm Soared to $9B Valuation

FTX Misses Out on AI Windfall After Selling Anysphere Stake for $200K Ahead of $9B Surge The estate of collapsed crypto exchange FTX may have missed out on a fortune after offloading its early stake in AI startup Anysphere for just $200,000—months before the company’s valuation skyrocketed

DeFi

IntoTheBlock and Trident Merge to Launch Sentora, Raise $25M to Serve Institutional DeFi Investors

In a bold move reflecting the growing trend of consolidation within the digital finance sector, IntoTheBlock and Trident have announced their merger to form a new entity—Sentora—with the aim of revolutionizing decentralized finance (DeFi) for institutional investors. Alongside the merger, the companies also secured $25 million in Series

Markets

Hedera (HBAR) Slides 7% as Bearish Signals Mount: More Downside Possible

Hedera’s HBAR Token Struggles Amid Market Rebound, Bearish Momentum Deepens While much of the crypto market has shown signs of stabilization in recent days, Hedera’s native token HBAR has bucked the trend—falling over 7% this past week and flashing warning signs that more losses may lie ahead.

Opinion

Seven Years On: Warren Buffett’s Bitcoin Skepticism Faces a Changing Financial Landscape

Seven years ago, legendary investor Warren Buffett delivered one of his most memorable critiques of Bitcoin, calling it “rat poison squared” during an interview with CNBC’s Becky Quick. At the time, it sounded like classic Buffett—blunt, cautious, and rooted in his long-standing investment philosophy: only buy what you