Block Lore - BLOCKLORE (Page 2)

BLOCKLORE

Sign in Subscribe

Block Lore

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

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,

New Hampshire Pioneers U.S. Strategic Bitcoin Reserve Legislation

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

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

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

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

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,

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

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

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

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

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

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.

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

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

Max Keiser Predicts Bitcoin Could Hit $200K as Stablecoin Treasury Buys Fuel Demand

Max Keiser Predicts Bitcoin Could Hit $200K as Stablecoin Treasury Buys Fuel Demand

In a rapidly evolving digital asset landscape, Bitcoin (BTC) could be on track to surpass $200,000, according to early Bitcoin advocate Max Keiser. His bold forecast stems from the growing influence of stablecoins—digital assets pegged to fiat currencies—as major players begin allocating interest from U.S. Treasury

Shiba Inu (SHIB) Drops 10% but Technical Indicators Suggest a Potential Rebound

Shiba Inu (SHIB) Drops 10% but Technical Indicators Suggest a Potential Rebound

Shiba Inu Price Falls 10%, but Bullish Divergence Sparks Hope for Recovery Shiba Inu (SHIB), the popular meme-based cryptocurrency, has seen a nearly 10% decline over the past week, bringing its price down to $0.000012. Despite this downward movement, both technical and on-chain data suggest that a price recovery

Ripple Donates $25 Million in RLUSD to Support U.S. Classrooms, Boosting Real-World Utility for Stablecoins

Ripple Donates $25 Million in RLUSD to Support U.S. Classrooms, Boosting Real-World Utility for Stablecoins

Ripple Commits $25M to U.S. Education in Major Stablecoin-Backed Philanthropy Push In a significant step toward integrating cryptocurrency into real-world impact, Ripple has pledged $25 million—primarily in RLUSD, its newly launched stablecoin—to support U.S. teachers and classrooms. The initiative, timed with Teacher Appreciation Week, is in

Justin Sun Calls for Probe Into Alleged $500M Misuse by First Digital Trust Through Dubai Banks

Justin Sun Calls for Probe Into Alleged $500M Misuse by First Digital Trust Through Dubai Banks

Dubai, UAE – May 4, 2025 — Tron founder and blockchain entrepreneur Justin Sun has escalated his ongoing dispute with First Digital Trust (FDT), alleging the Hong Kong-based digital asset custodian misused $500 million in customer funds by channeling them through several banks in Dubai. In a post shared on X (formerly

Apple Loosens App Store Rules After Court Defeat, Opening Door for NFT and Crypto Payments

Apple Loosens App Store Rules After Court Defeat, Opening Door for NFT and Crypto Payments

Apple Eases U.S. App Store Restrictions, Allowing NFT and Crypto Apps to Bypass 30% Fee A recent court ruling in favor of Epic Games has prompted Apple to revise its App Store policies in the U.S., marking a pivotal moment for apps offering cryptocurrency and NFT transactions. U.

Melania Meme Coin Team Sells $4.6M in Tokens Amid Price Crash, Sparking Investor Concerns

Melania Meme Coin Team Sells $4.6M in Tokens Amid Price Crash, Sparking Investor Concerns

Melania Meme Coin Faces Scrutiny as Team-Linked Wallets Dump $4.6 Million in Tokens The Solana-based meme coin MELANIA, inspired by former U.S. First Lady Melania Trump, is drawing mounting criticism after a series of high-volume token sell-offs by wallets allegedly linked to the project’s core team. On

Vitalik Buterin Calls for Ethereum Simplification, Inspired by Bitcoin’s Minimalist Model

Vitalik Buterin Calls for Ethereum Simplification, Inspired by Bitcoin’s Minimalist Model

Ethereum co-founder Vitalik Buterin is calling for a major shift in how the blockchain is designed, advocating for a move toward simplicity and minimalism—much like the approach used by Bitcoin. In a blog post published on May 3, Buterin outlined a long-term vision to reduce Ethereum’s complexity, improve

Arizona Governor Vetoes Bitcoin Reserve Bill, Citing Concerns Over “Untested” Crypto Investments

Arizona Governor Vetoes Bitcoin Reserve Bill, Citing Concerns Over “Untested” Crypto Investments

In a decisive move that underscores the ongoing debate over cryptocurrency in government finance, Arizona Governor Katie Hobbs has vetoed a bill that would have permitted the state to invest a portion of its public funds in virtual assets such as bitcoin. The proposal, passed by the Republican-led legislature, would

Ethereum Faces Developer Shift to Solana as Calls Grow for Strategic Overhaul

Ethereum Faces Developer Shift to Solana as Calls Grow for Strategic Overhaul

Ethereum at a Crossroads as Builders Migrate Toward Solana’s Streamlined Ecosystem Ethereum, long regarded as the backbone of decentralized application (dApp) development, is now facing a critical inflection point. As competing blockchain Solana gains momentum, experts are warning that Ethereum’s current strategy—particularly its reliance on hackathons—may

Kraken Reports $472M Q1 Revenue Surge as Market Volatility and Strategic Moves Fuel 19% Growth

Kraken Reports $472M Q1 Revenue Surge as Market Volatility and Strategic Moves Fuel 19% Growth

Kraken’s Q1 2025 Revenue Soars Amid Market Volatility and Strategic Expansion Kraken, one of the longest-established cryptocurrency exchanges in the U.S., reported a strong start to 2025, posting $472 million in revenue for the first quarter — a 19% increase compared to the same period last year. The growth

Crypto Meets Wall Street: Bitcoin Treasuries, Worldcoin Identity, and Stablecoin Interest Raise Big Questions

Crypto Meets Wall Street: Bitcoin Treasuries, Worldcoin Identity, and Stablecoin Interest Raise Big Questions

Bitcoin Treasuries, Biometric Proof of Personhood, and Stablecoin Interest: A Crypto Crossroads As crypto continues its uneasy tango with traditional finance, a wave of new developments—from eyeball-scanning identity protocols to stablecoins behaving like banks—is raising fundamental questions about the future of decentralization, regulation, and human identity online. Crypto

Wemix Token Drops 60% After Delisting by South Korea’s Major Crypto Exchanges

Wemix Token Drops 60% After Delisting by South Korea’s Major Crypto Exchanges

Wemix, the native cryptocurrency of South Korean Web3 gaming firm Wemade, experienced a sharp 60% plunge on Friday after the nation’s leading crypto exchanges announced a coordinated decision to delist the token for a second time. According to data from CoinMarketCap, the price of Wemix fell from $0.72

Visa and Bridge Launch Stablecoin-Backed Cards to Expand Crypto Payments Across Latin America

Visa and Bridge Launch Stablecoin-Backed Cards to Expand Crypto Payments Across Latin America

Visa and Bridge Team Up to Bring Stablecoin-Backed Payment Cards to Latin America In a move that signals growing momentum for cryptocurrency adoption in everyday transactions, Visa has partnered with Bridge, a crypto infrastructure startup recently acquired by Stripe, to launch a new product that allows stablecoin-backed cards to be

Ubisoft and LayerZero Partner to Launch Cross-Chain Gaming Network for Seamless NFT and Token Transfers

Ubisoft Launches Decentralized Verification Network to Enable Seamless Blockchain Game Asset Transfers Ubisoft, one of the gaming industry’s largest publishers, is taking a significant step toward realizing the long-standing vision of interoperable blockchain gaming. The company has partnered with LayerZero, a leading blockchain infrastructure provider, to create a Decentralized

Coinbase to List Worldcoin as OpenAI Social Media Rumors Spark Investor Buzz

Coinbase to List Worldcoin as OpenAI Social Media Rumors Spark Investor Buzz

Coinbase Lists Worldcoin Amid Speculation of OpenAI-Backed Social Media Project Coinbase has officially added Worldcoin (WLD) to its listing roadmap, igniting a wave of speculation around a potential OpenAI social media platform. The timing of the announcement—just hours ahead of a highly anticipated update from Worldcoin co-founder and OpenAI

Altcoins Defy Crypto Market Slump: ALPACA, INIT, and HOUSE Surge Amid Broader Downturn

Altcoins Defy Crypto Market Slump: ALPACA, INIT, and HOUSE Surge Amid Broader Downturn

April 30, 2025 — While the global cryptocurrency market has faced a $16 billion drop in total capitalization over the past 24 hours, a few standout altcoins have captured the attention of investors by bucking the bearish trend. Among the top performers today are Alpaca Finance (ALPACA), Initia (INIT), and Housecoin

Lender Nexo Reenters U.S. Market as Regulatory Climate Warms

Lender Nexo Reenters U.S. Market as Regulatory Climate Warms

In a notable turn for the digital finance sector, crypto lender Nexo has announced its return to the U.S. market, two years after regulatory scrutiny forced its exit. The move reflects a broader shift in the regulatory landscape that may signal renewed opportunity for blockchain-based financial services across the