House of Block - Weekly Wrap

Issue - 61 Week ending 17 May 2025

News that’s caught our eye this week

1. Coinbase CEO Reacts to $20 Million Bitcoin Ransom and Customer Data Attack. May 15, Coinbase CEO Brian Armstrong took to X platform, he refused to pay the ransom and turned things around by offering a $20 million award for any information leading to the arrest and conviction of the attackers.U Today

2. U.S. Will Build Massive AI Data Center In Abu Dhabi: See The List Of Deals Trump Announced In The Middle East . Forbes

   

Image Getty Images. Qatar's Emir Sheikh Tamim bin Hamad al-Thani (R) reacts as US President Donald Trump raises his pen during a signing ceremony at the Royal Palace in Doha on May 14, 2025.

3. UK needs more nuclear to power AI, says Amazon boss. Amazon Web Services (AWS), which is part of the retail giant Amazon, plans to spend £8bn on new data centres in the UK over the next four years.BBC

4. Kidnappings, torture, and severed fingers: Attacks on crypto entrepreneurs shake France. EL Pais

5. French crypto entrepreneurs promised extra security after violent kidnapping attempts.There have been at least three attempts to abduct crypto sector leaders or their family members since the start of the year in France. Politico

6. How Lawmaker Revisions to GENIUS Act Could Impact US Stablecoin Market. The bill’s outcome could reshape U.S. financial innovation. PYMNTS

7. Stablecoin regulation next ‘catalyst’ for crypto industry. Stablecoins could create new crypto use cases, especially for enthusiasts in developing countries, Aptos' head of ecosystem said- Aptos head. CoinTelegraph

8. The U.S. has struggled for crypto clarity. Canada may have the answer. TORONTO — Canada has quietly become a global leader in digital assets.CNBC

9. Galaxy Digital Makes Nasdaq Debut As Crypto Gains Traction. Galaxy Digital, led by crypto mogul Mike Novogratz, created a buzz by moving from the Toronto Stock Exchange to Nasdaq, with its shares trading between $23.50 and $24.89. Finimize

10. For the creators behind $SAN, the meme coin inspired by a walking Shiba Inu named San Chan, the breakthrough wasn’t just technical — it was emotional. It was about connection, simplicity, and purpose. Block Telegraph

    

    ---

    Digital Asset, AI & Web3 | Thursday 12 June 2025 London

    

    🔥 3 Weeks to Go – The Hottest Ticket in Town 🔥 Digital Assets & Web3 | 12 June 2025, LondonAn exclusive summer gathering for C-suite Execs, Founders, and Innovators across Digital Assets & Web3.

    🎯 Highly topical talks & roundtables
    🏇 Sunset polo match
    🍸 Summer grill, drinks & networking
    🎶 Ibiza-style afterparty

    Agenda: From The Trump Effect, Bitcoin, Geopolitics, Rise in Stablecoins, Agentic commerce to AI x Web3, M&A’s, and global regulation, we’ve got it covered.

    Confirm your seat- limited spaces place. Don’t miss your moment. 💥

    📞Sponsors - House of Block provides a limited number of tailored sponsorship packages contact: Email; korby@houseofblock.co.uk

---