Naga Avan-Nomayo
76 articles
Aave Labs Obtains UK Licenses for Crypto Payments Infrastructure
Aave Labs has received registration for crypto assets with the UK’s Financial Conduct Authority (FCA) through its Push subsidiary. This development allows Aave to offer zero-fee fiat on-ramps, enhancing its payment infrastructure, according to The Block.
last month·The Block·Reported by Naga Avan-Nomayo
Base Launches Azul Upgrade on Mainnet to Enhance Decentralization
Base has officially launched its Azul upgrade on the mainnet, promoting increased decentralization through new features like multiproofs. This development marks a significant step toward achieving full decentralization for Coinbase's Ethereum Layer 2 solution, according to The Block.
last month·The Block·Reported by Naga Avan-Nomayo
Umbra and Streamflow Launch Confidential Token Vesting on Solana
Umbra and Streamflow introduce a private token vesting solution on Solana, enabling projects to confidentially distribute tokens at scale, according to The Block. This new service aims to address a $97 billion token unlock market.
last month·The Block·Reported by Naga Avan-Nomayo
Spain Blocks Polymarket and Kalshi for Operating Without Licenses
Spain has blocked prediction markets Polymarket and Kalshi as part of a broader international effort to regulate unlicensed operations. The crackdown illustrates increasing scrutiny on such markets globally, according to The Block.
last month·The Block·Reported by Naga Avan-Nomayo
Bitcoin Faces Resistance Amid Geopolitical Tensions and Range Trap Warnings
Analysts highlight a potentially unstable situation for Bitcoin as underwater buyers resist selling near $79,000, according to The Block. This market dynamic coincides with renewed tensions in the Middle East, raising concerns about geopolitical impacts on cryptocurrency prices.
last month·The Block·Reported by Naga Avan-Nomayo
Robinhood Secures Final Approval for $180M WonderFi Acquisition
Robinhood's acquisition of crypto platform WonderFi has received the green light from Canada's Investment Industry Regulatory Organization (CIRO), clearing its last regulatory obstacle. The deal is slated to close by June 1, according to a report from The Block.
last month·The Block·Reported by Naga Avan-Nomayo
Global Crypto ETP Outflows Reach $1.47B Amid Bitcoin Redemptions
Outflows from crypto exchange-traded products (ETPs) amounted to $1.47 billion last week, with Bitcoin experiencing its highest level of weekly redemptions for 2026, according to CoinShares.
last month·The Block·Reported by Naga Avan-Nomayo
Squid Responds to $3.2 Million Exploit of Third-Party Module
Squid states that its core protocol remains unaffected following an exploit of $3.2 million involving a third-party module known as SquidRouterModule. The information comes from a report by The Block.
last month·The Block·Reported by Naga Avan-Nomayo
Bitcoin Remains Under $78K Amid ETF Outflows and Market Speculation
Bitcoin remains below $78,000 as outflows from spot exchange-traded funds exceed $1 billion for the second consecutive week, according to analysis by The Block. Analysts suggest that these trends indicate a rotation among institutional investors rather than a definitive exit from the market.
last month·The Block·Reported by Naga Avan-Nomayo
Facet Co-Founder Proposes EIP-8182 for Ethereum's Hegota Upgrade
Tom Lehman, co-founder of Facet, has proposed EIP-8182 to support native private transfers on Ethereum in the upcoming Hegota upgrade, according to The Block.
last month·The Block·Reported by Naga Avan-Nomayo
Binance Disputes Wall Street Journal Report on Iran-Linked Transactions
The Block reports that Binance is contesting a claim made by the Wall Street Journal regarding Iranian financier Babak Zanjani allegedly transferring $850 million through its platform. CEO Richard Teng stated that this was a mischaracterization of the situation.
last month·The Block·Reported by Naga Avan-Nomayo
House Oversight Chairman Investigates Insider Trading on Kalshi and Polymarket
House Oversight Chairman James Comer initiates a probe into suspected insider trading activities on the prediction markets Kalshi and Polymarket, addressing letters to the CEOs with a deadline for documents set for June 5, according to The Block.
2 months ago·The Block·Reported by Naga Avan-Nomayo
ZachXBT Flags Potential Exploit of Polymarket's UMA Adapter on Polygon
Onchain investigator ZachXBT has identified a potential exploit affecting Polymarket's UMA CTF Adapter on the Polygon network, with approximately $520,000 reportedly siphoned from the project. This information comes from coverage by The Block.
2 months ago·The Block·Reported by Naga Avan-Nomayo
Blockchain.com Files for US IPO Amid Crypto Market Interest
Blockchain.com has submitted a confidential initial public offering (IPO) filing with the U.S. Securities and Exchange Commission, according to The Block. This move aligns the company with its peers, including Circle, Gemini, and BitGo, who have also pursued public listings in the current crypto market landscape.
2 months ago·The Block·Reported by Naga Avan-Nomayo
Bitcoin Stalls Below $78,000 Amid ETF Outflows and Long Liquidations
Bitcoin trades around $77,500 as Exchange-Traded Fund (ETF) outflows continue for four consecutive days, raising concerns about market recovery, according to The Block. Analysts view the $80,000 mark as a critical resistance level for Bitcoin in the near term.
2 months ago·The Block·Reported by Naga Avan-Nomayo
Sandbox Co-founder Sebastien Borget's Wife Targeted in Kidnapping Attempt
The Block reports that the wife of Sandbox co-founder Sebastien Borget was the target of a kidnapping attempt, amid a rise in such incidents in France, which registered over 41 crypto-related kidnappings in 2026.
2 months ago·The Block·Reported by Naga Avan-Nomayo
Plume Obtains Bermuda License for Regulated Onchain Vault Management
Plume's Bermuda subsidiary has gained a Class M BMA digital asset license, enabling it to provide regulated onchain vault manager services, according to The Block. This development positions Plume as a pioneering entity in the regulated digital asset space.
2 months ago·The Block·Reported by Naga Avan-Nomayo
Catena Labs Raises $30 Million Series A for AI Financial Transactions
Catena Labs, founded by Sean Neville, has secured $30 million in a Series A funding round aimed at developing regulated infrastructure for AI-driven financial transactions. The Block reports that the company also filed for a national trust bank charter to support its vision of agentic finance.
2 months ago·The Block·Reported by Naga Avan-Nomayo
