BlockPress

BlockPress

Robinhood completes $200M acquisition of crypto exchange Bitstamp

Robinhood’s Acquisition of Bitstamp: Expanding into Global Crypto Markets Robinhood, the popular retail brokerage platform, has significantly expanded its presence in the institutional cryptocurrency market with the acquisition of Bitstamp, the world’s longest-running cryptocurrency exchange. The $200 million deal marks…

Ethereum Foundation lays off staff, rebrands core team

The Ethereum Foundation, the organization responsible for the development and maintenance of the Ethereum blockchain, has undertaken a significant restructuring of its core development team. This restructuring, involving a reduction in personnel, marks a strategic shift aimed at sharpening the…

Tether debuts omnichain gold stablecoin on TON

The introduction of the XAUT0 token, developed by the USDT0 protocol, marks a significant development in the intersection of blockchain technology and traditional asset classes. This new token aims to provide a secure and transparent way to invest in gold,…

SEC faces criticism over crypto staking shift

The recent shift in the US regulator’s approach to cryptocurrency staking has sparked considerable controversy, raising concerns about regulatory clarity and consistency within the digital asset space. Critics argue that this new stance contradicts previous enforcement actions and established legal…

Centralized infrastructure requires DePIN adoption

The vulnerability of centralized infrastructure is starkly illustrated by recent widespread power outages across Europe and other regions. These events underscore a critical need for decentralized physical infrastructure networks (DePIN), highlighting their potential to create more resilient and community-driven solutions…