Business

Crypto business news from Blockworks - hiring updates, funding announcements, blockchain industry news and everything you need to be a crypto insider.

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Coinbase’s newest acquisition includes the CEO and Head of Research from Opyn

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The acquisition is Pump.fun’s first, and comes just days before its planned ICO

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The mini app combines vibe-coding with a hypercasual game feed and is coming to the new Coinbase Wallet

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The newly announced token will debut in an ICO on Saturday

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Story Foundation President suggests the “dead internet” theory may become reality

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Pump.fun’s launch partners include Kraken, Kucoin, Bitget, Bybit, Gate and MEXC

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“These changes enable us to sustainably pursue our long-term objectives with renewed focus and energy,” Eigen Labs CEO Sreeram Kannan said in a note seen by Blockworks

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After its IPO, the cloud provider needed more scale before it could pursue “transformational M&A,” VanEck’s Matthew Sigel says

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Blockworks Research data shows that VC spending is back on the rise after a slow May

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After rejecting a bid from the AI cloud-computing startup last year, Core Scientific agreed to be acquired in a deal expected to close by Q4 2025

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BAXUS helped me sell my limited-edition bottle of Clase Azul

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Apps are doing well, as is casino gaming, says Tom Schmidt of Dragonfly

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The trading app will appear on jerseys and in a dedicated financial web series as part of its EU crypto expansion

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Trading on OTC Markets since 2019, the Grayscale Digital Large Cap Fund currently holds BTC, ETH, SOL, XRP and ADA

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Mainnet goes live with a 16-node federation, promising five-second block times, low fees and Bitcoin-native DeFi

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The wallet doesn’t have enough memory for more apps and features but should still function, the company says

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The proof-of-work L1 is betting on parallel-chain scaling, low fees, and a $50 million grant program to lure Solidity developers and tokenized RWA issuers

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Robinhood announced that it’s building an L2 and also plans to launch staking for US users

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“We’re not really doing anything controversial,” said co-founder Zak Folkman at Permissionless last week

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Moca brings digital identities onchain as a privacy-forward alternative to existing single sign-on tools

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Walter Hessert, Head of Strategy at Paxos, told Blockworks that firms are recognizing a need for stablecoins

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The rebranded infrastructure company offers more than 200 Solana yield integrations

Decoding crypto and the markets. Daily, with Byron Gilliam.