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The Block News Feed
Kalshi backs away from college athlete transfer markets after NCAA president blasts possibility
The Block
Kalshi shelves college athlete transfer markets amid NCAA president's criticism
The prediction market sought permission from regulators to allow for listing event contracts based on college athlete transfers.
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Bitwise joins race to launch SUI ETF with latest SEC filing
The Block
Bitwise joins race to launch SUI ETF with latest SEC filing
Crypto index fund manager Bitwise is seeking to launch an exchange-traded fund tracking the SUI token.
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Leading Solana treasury Forward Industries tokenized FWDI stock via Superstate
The Block
Leading Solana treasury Forward Industries tokenized FWDI stock via Superstate
The firm holds about 6.8 million SOL tokens, more than the next three largest SOL DATs combined, according to The Block's SOL treasury data.
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The Daily: Coinbase expands into stocks and prediction markets, SEC issues crypto custody guidance, SoFi launches a stablecoin, and more
The Block
The Daily: Coinbase expands into stocks and prediction markets, SEC issues crypto custody guidance, SoFi launches a stablecoin…
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The Block News Feed
Coinbase’s new product rollout strengthens bull case with upside not fully reflected, analysts say
The Block
Coinbase’s new product rollout strengthens bull case with upside not fully reflected, analysts say
JPMorgan highlighted rising engagement and monetization potential across both transaction and subscription products.
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JPMorgan reiterates it doesn’t see a trillion-dollar stablecoin market by 2028. Here’s why
The Block
JPMorgan reiterates it doesn’t see a trillion-dollar stablecoin market by 2028. Here’s why
JPMorgan said stablecoin demand remains primarily driven by crypto trading activity, while growing use in payments may not materially increase supply.
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Senate confirms CFTC Chair pick Michael Selig as agency takes larger role regulating crypto
The Block
Senate confirms CFTC Chair pick Michael Selig as agency takes larger role regulating crypto
The U.S. Senate voted to advance President Trump’s nominee, Michael Selig, to lead the Commodity Futures Trading Commission.
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‘We are closer than ever’: US crypto czar David Sacks says Clarity Act markup confirmed for January
The Block
'We are closer than ever': US crypto czar David Sacks says Clarity Act markup confirmed for January
Markup sessions review, amend, and vote on the bill in the committee before it advances to a full floor vote in the Senate.
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Coinbase sues Michigan, Illinois and Connecticut over prediction market oversight
The Block
Coinbase sues Michigan, Illinois and Connecticut over prediction market oversight
The lawsuits follow Coinbase's announcement a day earlier that it plans to enter prediction markets through a partnership with Kalshi.
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Terraform Labs liquidator sues Jump Trading for $4 billion in damages
The Block
Terraform Labs liquidator sues Jump Trading for $4 billion in damages
A spokesperson for Jump reportedly called the lawsuit a 'desperate attempt' to shift blame and responsibility away from Terraform and Kwon.
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Crypto ponzi scheme IcomTech’s senior promoter sentenced to six years in prison
The Block
Crypto ponzi scheme IcomTech's senior promoter sentenced to six years in prison
Magdaleno Mendoza, 56, was sentenced to 71 months in prison for his role in helping orchestrate a crypto Ponzi scheme in the U.S.
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Ethereum developers name post-Glamsterdam upgrade ‘Hegota’ as 2026 roadmap takes shape
The Block
Ethereum developers name post-Glamsterdam upgrade 'Hegota' as 2026 roadmap takes shape
Glamsterdam and Hegota are expected to continue Ethereum's twice-a-year upgrade schedule in 2026 following Pectra and Fusaka.
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Cathie Wood’s Ark Invest scoops up more Coinbase shares following crypto exchange’s ‘System Update’ event
The Block
Cathie Wood's Ark Invest scoops up more Coinbase shares following crypto exchange's 'System Update' event
The investment firm also picked up another 575,644 shares in Solana treasury company Solmate amid its latest fund rebalancing.
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Bybit relaunches UK crypto platform after 2023 exit linked to FCA rules
The Block
Bybit relaunches UK crypto platform after 2023 exit linked to FCA rules
The launch gives UK users access to spot trading across 100 pairs and peer-to-peer services supported by Bybit's global infrastructure.
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Weekly Hyperliquid outflows top $430M as Lighter and Aster tighten perp DEX competition: Dune
The Block
Weekly Hyperliquid outflows top $430M as Lighter and Aster tighten perp DEX competition: Dune
Hyperliquid has posted more than $430 million in weekly outflows as competition from fast-growing rivals Lighter and Aster intensifies.
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DraftKings launches standalone predictions app under CFTC oversight
The Block
DraftKings launches standalone predictions app under CFTC oversight
DraftKings can offer event contracts in states that still prohibit online sports betting, expanding reach without changing state gaming laws.
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Fed seeks public input on ‘skinny master account’ for limited access to the central bank
The Block
Fed seeks public input on 'skinny master account' for limited access to the central bank
The Federal Reserve is seeking public feedback on a proposed “payment account” — informally dubbed a “skinny master account."
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SEC seeks multi-year officer, director bans for former Alameda CEO Ellison and former FTX execs Wang and Singh
The Block
SEC seeks multi-year officer, director bans for former Alameda CEO Ellison and former FTX execs Wang and Singh
The SEC looks to bar Caroline Ellison and former FTX executives Gary Wang and Nishad Singh from being directors for several years.
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Coinbase says Trump’s Big Beautiful Bill could push gamblers into arms of prediction markets
The Block
Coinbase says Trump's Big Beautiful Bill could push gamblers into arms of prediction markets
The company has recently become more active in prediction markets space including a partnership with Kalshi.
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The Daily: Terraform Labs liquidator sues Jump Trading, US crypto czar David Sacks confirms Clarity Act markup for January, and more
The Block
The Daily: Terraform Labs liquidator sues Jump Trading, US crypto czar David Sacks confirms Clarity Act markup for January, and…
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The Block News Feed
Crypto’s Capitol Hill champion Sen. Lummis says she won’t seek re-election
The Block
Crypto's Capitol Hill champion Sen. Lummis says she won't seek re-election
Sen. Cynthia Lummis — a leading force behind efforts to pass sweeping crypto legislation — said she will not seek reelection.
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