Steven Zheng

Steven Zheng is Head of Research for The Block. He joined The Block in August 2018. Steven graduated from St. John’s University with a degree in economics. Previously, he covered blockchain and crypto at Radicle, a startup analytics firm. He also had brief stints at Cheddar, a media startup, and Bowery Capital, a venture capital firm. He owns bitcoin.

Circle Company Intelligence

Founded in 2013 by Jeremy Allaire and Sean Neville, Circle was launched with the goal of creating a platform to allow consumers and merchants to interact with digital currency payments — primarily bitcoin at that time. Since its inception, Circle has undertaken multiple adjustments to its core business, from growing into a digital currency banking platform to […]
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Apr 30, 2021, 8:49AM UTC

Gemini Company Intelligence

Founded in 2014 by Cameron and Tyler Winklevoss, Gemini was marketed as a regulatory-friendly cryptocurrency exchange.  As described in Ben Mezrich’s book Bitcoin Billionaires, unlike the early supporters of bitcoin who had libertarian and anti-establishment political leanings, “Cameron and Tyler also knew that government regulation would come; and unlike many in the room, they believed […]
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Apr 8, 2021, 1:09PM UTC

Paxos Company Intelligence Report

Company Overview 2020 saw an acceleration of large financial institutions and payment companies expanding their support for cryptocurrency and blockchain services. Powering the backend infrastructure of many of these expansion efforts is Paxos, a firm that, until more recently, shied away from the media spotlight that other crypto firms like Coinbase and Binance have basked […]
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Mar 17, 2021, 6:38PM UTC

A look at lobbying efforts in the cryptocurrency industry

As the cryptocurrency industry continues to grow, communications between industry leaders and lawmakers will be increasingly important. Due to the novelty and technical aspects of the industry, securing the attention of lawmakers and regulators and providing research and education helps in the creation of sensible laws that many cryptocurrency firms operate under. In the U.S., […]
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Mar 16, 2021, 10:53AM UTC

Coinbase Company Intelligence Report

As the most prominent U.S. cryptocurrency exchange, Coinbase is often viewed as the poster child of the burgeoning cryptocurrency industry. The Block Research presents a company profile dive into the exchange.
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Feb 25, 2021, 6:44PM UTC

Bitstamp Company Intelligence Report

Company Overview Few cryptocurrency exchanges have as rich of a history as Bitstamp. As one of the largest and oldest exchanges in the industry, Bistamp has survived multiple hacks, regulatory scrutiny and the extreme price volatility commonly associated with cryptocurrencies. Established in 2011, Bitstamp is headquartered in Luxembourg, with offices in the United Kingdom and […]
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Feb 11, 2021, 7:04PM UTC

DeFi Digest: Yearn.Finance's mergers

Over the past week, we saw a slew of merger-like activity announced by Yearn.Finance (Yearn) starting with Pickle Finance and ending, at the time of this writing, with SushiSwap. Of course, unlike the typical mergers and acquisitions seen in traditional markets, there are no purchases of assets and offers to the acquiree. Instead, Yearn’s actions […]
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Dec 3, 2020, 12:00PM UTC