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The Block News Feed
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The Block News Feed
Kalshi secures $1 billion in latest funding at $11 billion valuation: report
The Block
Kalshi secures $1 billion in latest funding at $11 billion valuation: report
Investors participating in the round include Sequoia, CapitalG, a16z, Paradigm, Anthos Capital, and Neo, according to TechCrunch.
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Ark Invest scoops up Coinbase, BitMine, Circle and Bullish shares in week’s biggest move
The Block News Feed
Bitcoin plunges below $86,000 as US jobs data dampens rate cut hopes
The Block
Bitcoin plunges below $86,000 as US jobs data dampens rate cut hopes
Bitcoin fell below $86,000 after the delayed US jobs data pointed to persistent inflation, chipping away hopes for a December rate cut.
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Spot bitcoin ETFs see near-record outflows of $903 million
The Block
Spot bitcoin ETFs see near-record outflows of $903 million
Spot bitcoin exchange-traded funds in the U.S. posted their second-largest daily outflow since their inception.
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Crypto liquidations near $2 billion as bitcoin rout deepens
The Block
Crypto liquidations near $2 billion as bitcoin rout deepens
Analysts warn structural support is weakening as ETF outflows accelerate, pushing bitcoin to $82,000 and the total crypto market cap below $2.9 trillion.
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US probes Chinese bitcoin-mining machine giant Bitmain over national security concerns: Bloomberg
The Block
US probes Chinese bitcoin-mining machine giant Bitmain over national security concerns: Bloomberg
The Department of Homeland Security-led "Operation Red Sunset" examined whether Bitmain's machines could enable espionage or grid sabotage.
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The Block News Feed
Crypto treasury firms buckle as crash erodes nearly half of combined market caps
The Block
Crypto treasury firms buckle as crash erodes nearly half of combined market caps
DATs have taken a significant hit in the latest market selloff, with both the value of their crypto holdings and stock prices collapsing.
The Block News Feed
LeverageShares to debut first 3x bitcoin and ether ETFs in Europe amid retail-led crypto selloff
The Block
LeverageShares to debut first 3x bitcoin and ether ETFs in Europe amid retail-led crypto selloff
The launch lands amid steep drawdowns in bitcoin and ether, adding risk around timing for highly leveraged ETPs.
The Block News Feed
‘Conviction in Bitcoin is unwavering’: Saylor rebuts MSCI removal risk amid Strategy stock selloff
The Block
‘Conviction in Bitcoin is unwavering’: Saylor rebuts MSCI removal risk amid Strategy stock selloff
Strategy, the Bitcoin treasury pioneer (ticker MSTR) is currently included in major indices such as the Nasdaq-100, MSCI USA, and MSCI World.
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The Block News Feed
Coinbase to acquire Vector.fun, the Tensor-built Solana trading platform, to advance ‘everything exchange’ vision
The Block
Coinbase to acquire Vector.fun, the Tensor-built Solana trading platform, to advance 'everything exchange' vision
Vector’s tech will plug into Coinbase’s DEX integration, while Tensor Labs shifts its NFT marketplace and TNSR token to Tensor Foundation.
The Block News Feed
The Daily: Crypto selloff deepens, JPMorgan blames retail BTC and ETH ETF outflows, 24-hour liquidations top $2 billion, and more
The Block
The Daily: Crypto selloff deepens, JPMorgan blames retail BTC and ETH ETF outflows, 24-hour liquidations top $2 billion, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The Block News Feed
Tom Lee’s BitMine to begin offering annual dividend as ETH treasury mNAV dips
The Block
Tom Lee's BitMine to begin offering annual dividend as ETH treasury mNAV dips
ETH is trading around $2,730 on Friday, indicating BitMine’s multiple to Net Asset Value has fallen below 1.0x.
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Institutional buyers ‘nibbling’ as crypto selloff widens, but analysts warn final shakeout may not be done
The Block
Institutional buyers ‘nibbling’ as crypto selloff widens, but analysts warn final shakeout may not be done
Analysts say Fed easing and renewed liquidity in 2026 could be key to reversing the crypto market downturn.
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Solo bitcoin miner beats 1-in-180-million odds to land $265,000 block
The Block
Solo bitcoin miner beats 1-in-180-million odds to land $265,000 block
A Solo CKpool miner contributing approximately 0.0000007% of the total Bitcoin network hashpower discovered a block on Friday.
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The Block News Feed
Grayscale’s Dogecoin and XRP ETFs tee up to launch on Monday following NYSE approvals
The Block
Grayscale's Dogecoin and XRP ETFs tee up to launch on Monday following NYSE approvals
The NYSE Arca has approved the listings for Grayscale’s Dogecoin and XRP ETFs, clearing the way for both products to launch on Monday.
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Coinbase Derivatives to expand 24/7 futures trading for bevy of altcoins including ADA, AVAX, DOGE and SHIB
The Block
Coinbase Derivatives to expand 24/7 futures trading for bevy of altcoins including ADA, AVAX, DOGE and SHIB
Coinbase's CFTC-regulated derivatives arm plans to launch 24/7 trading and "perp-style" futures for nearly a dozen altcoins.
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Top DEXs Aerodrome, Velodrome hit with front-end compromise, urge users to avoid main domains
The Block
Top DEXs Aerodrome, Velodrome hit with front-end compromise, urge users to avoid main domains
The compromise comes nearly two years to the day after a similar attack took down their front-ends in November, 2023.
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Monad token sale defies ‘fizzle’ fears, will end oversubscribed on Coinbase
The Block
Monad token sale defies ‘fizzle’ fears, will end oversubscribed on Coinbase
Monad's co-founder had predicted that the sale's mechanics could lead to a last-minute surge in buys, which appears to have taken place.
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Crypto ATM operator considers $100 million sale, days after founder’s $10 million money laundering charge
The Block
Crypto ATM operator considers $100 million sale, days after founder's $10 million money laundering charge
The company had previously pivoted to software offerings in the face of "rising fraud exposure, regulatory pressure, and compliance demands."
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The Block News Feed
Wormhole Labs unveils ‘Sunrise’ gateway to bring MON and other assets to Solana
The Block
Wormhole Labs unveils 'Sunrise' gateway to bring MON and other assets to Solana
Sunrise is a liquidity gateway designed to be the "canonical route" for bringing external assets, like Monad's MON token, to Solana.
The Block News Feed
Hoskinson involves FBI after developer’s ‘careless’ experiment splits Cardano blockchain
The Block
Hoskinson involves FBI after developer's 'careless' experiment splits Cardano blockchain
An IOG employee resigned after Hoskinson involved the FBI to investigate the incident, concerned that development mistakes could lead to legal consequences.
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