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The Block News Feed
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The Block News Feed
Hedgehog, a protocol for hedging against crypto transaction fees, raises pre-seed round
The Block
Hedgehog, a protocol for hedging against crypto transaction fees, raises pre-seed round
A number of prominent crypto angel investors backed Hedgehog in its $1.5 million pre-seed round.
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Digital Currency Group, Barry Silbert file motions to dismiss ‘baseless’ NYAG lawsuits
The Block
Digital Currency Group, Barry Silbert file motions to dismiss 'baseless' NYAG lawsuits
DCG says the NYAG's allegations are "a thin web of baseless innuendo, blatant mischaracterizations, and unsupported conclusory statements."
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Security infrastructure firm Firewall raises $3.7 million in pre-seed funding
The Block
Security infrastructure firm Firewall raises $3.7 million in pre-seed funding
Firewall will use the funds to grow its team of six employees, develop its tech and bolster community building and marketing endeavors.
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Avalanche releases Durango upgrade, unveils ‘Teleporter’ to boost subnet interoperability
The Block
Avalanche releases Durango upgrade, unveils 'Teleporter' to boost subnet interoperability
Teleporter aims to unify Avalanche's network of application-specific chains, addressing network fragmentation.
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SEC Commissioners Peirce and Uyeda call out agency’s ‘ambiguity’ after ShapeShift settlement
The Block
SEC Commissioners Peirce and Uyeda call out agency's 'ambiguity' after ShapeShift settlement
The SEC's settlement with ShapeShift "adds to the ambiguity" in the crypto industry, the agency's Republican commissioners said on Wednesday.
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Bitcoin ETFs are ushering in a ‘multi-decade TWAP of buy only,’ according to trading execs
The Block
Bitcoin ETFs are ushering in a 'multi-decade TWAP of buy only,' according to trading execs
Flowdesk executives Reed Werbitt and Greg Guttas discuss the impact of spot bitcoin ETFs on market structures and their optimistic outlook on continued inflows in the years to come.
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Uniswap Foundation token rewards proposal passes temperature check vote
The Block
Uniswap Foundation token rewards proposal passes temperature check vote
A Uniswap Foundation proposal regarding changes to Uniswap’s community governance has passed a temperature check vote with 100% in favor.
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Legislation needed to regulate crypto, CFTC Chair Behnam says, citing crypto’s recent uptick in value
The Block
Legislation needed to regulate crypto, CFTC Chair Behnam says, citing crypto's recent uptick in value
Crypto-related issues are consuming the CFTC's resources as its Chair Rostin Behnam again urged lawmakers to act on legislation soon.
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Coinbase-backed Wormhole airdropping 617 million tokens to ecosystem users
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Coinbase-backed Wormhole airdropping 617 million tokens to ecosystem users
The firm said it is dropping tokens to people who have used "Wormhole ecosystem applications" in addition to "community users."
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CFTC advisory committee votes to advance pioneering digital assets taxonomy for agency review
The Block
CFTC advisory committee votes to advance pioneering digital assets taxonomy for agency review
A committee tasked with advising the CFTC voted to advance a digital assets taxonomy that they say is a first in providing regulatory clarity.
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BlockFi reaches $875 million settlement with FTX, Alameda Research
The Block
BlockFi reaches $875 million settlement with FTX, Alameda Research
Bankrupt crypto lender BlockFi has reached a $874.5 million in-principle settlement with FTX and Alameda Research, according to a filing.
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Spain bans Worldcoin for up to three months amid broader investigation
The Block
Spain bans Worldcoin for up to three months amid broader investigation
The Worldcoin team claimed that the Spanish authority was 'circumventing established procedures' to temporarily suspend the project.
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Cryptography company Zama raises $73 million in Series A funding from Multicoin Capital and others
The Block
Cryptography company Zama raises $73 million in Series A funding from Multicoin Capital and others
Cryptography company Zama has raised a mega $73 million Series A round co-led by Multicoin Capital and Protocol Labs.
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Bitcoin’s ‘kimchi premium’ hits two-year high in South Korea
The Block
Bitcoin’s ‘kimchi premium’ hits two-year high in South Korea
Kimchi Premium, the crypto price gap between South Korea and markets elsewhere, reached a 27 months-high of 10.32% for bitcoin on Wednesday.
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Figment and Apex Group set to launch Ethereum and Solana staking ETPs
The Block
Figment and Apex Group set to launch Ethereum and Solana staking ETPs
Figment Europe and Apex Group are set to launch Ethereum and Solana staking ETPs on the SIX Swiss Exchange next week via Issuance.Swiss AG.
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Binance to launch Japanese yen spot trading pairs for BNB, BTC, ETH globally
The Block
Binance to launch Japanese yen spot trading pairs for BNB, BTC, ETH globally
Binance announced that it is adding BNB, BTC and ETH spot trading pairs with the Japanese yen on its global platform and Japanese trading arm.
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South Korea requests Interpol to assist with Do Kwon’s extradition: reports
The Block
South Korea requests Interpol to assist with Do Kwon’s extradition
South Korean authorities requested Interpol’s assistance in bringing back the Terraform Labs co-founder on Thursday.
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Ark Invest offloads more Coinbase shares, bringing total COIN sales to over $100 million this week
The Block
Ark Invest offloads more Coinbase shares, bringing total COIN sales to over $100 million this week
Cathie Wood’s Ark Invest has offloaded over $100 million worth of Coinbase shares so far this week.
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Binance will let users bet on futures platform token listings
The Block
Binance will let users bet on futures platform token listings
In an industry ripe with insider trading, Binance is letting users bet on which tokens will come next to its futures platform.
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Crypto firms Genesis and Gemini discussed possible merger in 2022, court filings show
The Block
Crypto firms Genesis and Gemini discussed possible merger in 2022, court filings show
Barry Silbert's notes show talks with Cameron Winklevoss, discussing a potential merger of Gemini and Genesis, creating a "juggernaut."
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Misspelled celebrity memecoins on Solana surge in price, such as Jeo Boden, Danold Tromp and Olen Mosk
The Block
Misspelled celebrity memecoins on Solana surge in price, such as Jeo Boden, Danold Tromp and Olen Mosk
Tokens based on U.S. President Joe Biden, such as Jeo Boden, have surged in price on the Solana blockchain.