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The Block News Feed
Hut 8 expands Bitmain partnership with launch of next-gen ASIC miner, boosting hash rate by 80%
The Block
Hut 8 expands Bitmain partnership with launch of next-gen ASIC miner, boosting hash rate by 80%
Hut 8 plans to deploy the model in the second quarter of 2025 through a 15 exahash per second hosting agreement.
The Block News Feed
Bitcoin set for rally after Federal Reserve rate cut, Standard Chartered says
The Block
Bitcoin set for rally after Federal Reserve rate cut, Standard Chartered says
Standard Chartered predicts a sustained boost for bitcoin following the Fed's recent rate cut, driven by favorable macro conditions.
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Block subsidy dominates bitcoin miner revenue as fee income dwindles amid halving impact
The Block
Block subsidy dominates bitcoin miner revenue as fee income dwindles amid halving impact
As miners navigate choppy waters, the resilience and adaptability of the Bitcoin ecosystem will be put to the test.
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The Daily: Solana’s new ‘Seeker’ crypto phone, Banana Gun’s misfire, Trump’s bitcoin burgers and more
The Block
The Daily: Solana's new 'Seeker' crypto phone, Banana Gun's misfire, Trump's bitcoin burgers and more
Meanwhile, blockchain sleuth ZachXBT alleges three perpetrators were involved in a $243 million theft from a single Genesis creditor.
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Privacy concerns loom in Samourai Wallet court case
The Block
Privacy concerns loom in Samourai Wallet court case
Samourai Wallet founder Keonne Rodriguez, who was denied changes to his bail conditions, argued in court he has not committed a crime.
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Security firm CertiK’s new venture firm unveils $45 million investment plan
The Block
Security firm CertiK’s new venture firm unveils $45 million investment plan
Web3 auditing firm CertiK's new venture arm plans to invest in two new free security products designed to safeguard user's assets.
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Terraform Labs gets sign off from US bankruptcy judge to begin winding down: Reuters
The Block
Terraform Labs gets sign off from US bankruptcy judge to begin winding down: Reuters
Another chapter has closed for Terraform Labs after the firm received approval from a court to close down its operations, according Reuters.
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Two suspects charged in $230 million cryptocurrency theft
The Block
Two suspects charged in $230 million cryptocurrency theft
The two suspected fraudsters were arrested last night in their respected Miami and LA homes, as ZachXBT alleged Thursday morning.
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Former Coinbase exec launches stablecoin-native crypto exchange
The Block
Former Coinbase exec launches stablecoin-native crypto exchange
TrueX CEO Vishal Gupta discusses the launch of his new stablecoin-native crypto exchange aimed at institutional traders in the U.S.
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Judge dismisses Consensys lawsuit against SEC over MetaMask and Ethereum claims
The Block
Judge dismisses Consensys lawsuit against SEC over MetaMask and Ethereum claims
A U.S. district judge has dismissed a case brought against the SEC by blockchain and web3 development company Consensys Software Inc.
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CFTC pushes appeals court to block election betting amid Kalshi dispute
The Block
CFTC pushes appeals court to block election betting amid Kalshi dispute
The CFTC ought to convince a panel of judges to consider its emergency motion for stay a district's previous ruling.
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Crypto exchange BingX faces an estimated $43 million security exploit: PeckShield
The Block
Crypto exchange BingX faces an estimated $43 million security exploit: PeckShield
The Singapore-based crypto exchange BingX suffered a security hack on its hot wallet, resulting in $43 million being taken from the platform.
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Solana DEX aggregator Jupiter acquires SolanaFM, Coinhall
The Block
DEX aggregator Jupiter acquires SolanaFM, Coinhall
Jupiter also announced other updates, including an upgrade to its memecoin trading platform and a new mobile app.
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US spot bitcoin ETFs rebound to daily net inflows of $158 million; BTC hovers at $63,500
The Block
US spot bitcoin ETFs rebound to daily net inflows of $158 million; BTC hovers at $63,500
Ark Invest and 21Shares’ ARKB led the pack of inflows yesterday with $81.07 million inflows, and Fidelity's FBTC had $49 million inflows.
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Jump Crypto’s Frankendancer client launches on Solana mainnet; Firedancer on testnet
The Block
Jump Crypto’s Frankendancer client launches on Solana mainnet; Firedancer on testnet
Firedancer, a blockchain validator client for Solana, is expected to enhance the network's efficiency and scalability.
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Telegram game Catizen’s token goes live for exchange trading amid community airdrop
The Block
Telegram game Catizen's token goes live for exchange trading amid community airdrop
The Telegram clicker game airdropped 150 million CATI tokens to eligible users as part of its Season 1 distribution.
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Bitcoin supported by elevated risk-on sentiment as yen weakens against the dollar: analyst
The Block
Bitcoin supported by elevated risk-on sentiment as yen weakens against the dollar: analyst
The U.S. dollar's strength against the Japanese yen is creating favorable risk-on market conditions for bitcoin, an analyst said.
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Speculation and DeFi will drive Ethereum network activity if bull market persists, analysts say
The Block
Speculation and DeFi will drive Ethereum network activity if bull market persists, analysts say
If the current market recovery evolves into a sustained bull market, analysts predict a significant increase in Ethereum's on-chain activity.
The Block News Feed
MicroStrategy acquires another 7,420 bitcoin for $458 million, taking holdings to 252,220 BTC
The Block
MicroStrategy acquires another 7,420 bitcoin for $458 million, taking holdings to 252,220 BTC
The latest acquisitions come amid MicroStrategy’s completion of a $1.01 billion upsized offering of convertible notes.
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NFTs have symbolism that memecoins cannot replicate: Pudgy Penguins CEO
The Block
NFTs have symbolism that memecoins cannot replicate: Pudgy Penguins CEO
Despite memecoin culture, there is still no better way to create community than with NFTs, Pudgy Penguins CEO Luca Netz said Friday.