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The Block News Feed
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The Block News Feed
Banking lobby urges OCC to address risks around crypto firm charters without deposit insurance
The Block
Banking lobby urges OCC to address risks around crypto firm charters without deposit insurance
The ABA urged the OCC to confirm that resolution tools are sufficient for uninsured crypto banks before approving further charters.
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The Block News Feed
Bitcoin miner Cango lands $75 million in equity backing amid AI expansion strategy
The Block
Bitcoin miner Cango lands $75 million in equity backing amid AI expansion strategy
Bitcoin miner Cango has closed a $10.5 million equity investment and secured an additional $65 million in commitments as it pivots toward AI.
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The Block News Feed
Coincheck posts $915 million Q3 revenue as 3iQ’s Pascal St-Jean set to become CEO
The Block
Coincheck posts $915 million Q3 revenue as 3iQ’s Pascal St-Jean set to become CEO
Coincheck reports $915 million Q3 revenue and $2.6 million net income with CEO Simanson resigning and Pascal St-Jean set to succeed.
The Block News Feed
Standard Chartered sees bitcoin falling to $50,000, ether to $1,400 before rebound
The Block
Standard Chartered sees bitcoin falling to $50,000, ether to $1,400 before rebound
The bank has also lowered price targets for Solana, XRP, BNB, and Avalanche, in addition to bitcoin and ether.
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The Block News Feed
Wrapped Bitcoin team taps Hyperlane for WBTC bridge between Ethereum and Solana
The Block
Wrapped Bitcoin team taps Hyperlane for WBTC bridge between Ethereum and Solana
The Hyperlane Nexus Bridge will enable holders to transfer wBTC tokens between Ethereum and Solana, the team wrote in a press release.
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The Block News Feed
‘Clock is ticking’: crypto bill’s 2026 fate hinges on Trump and stablecoin yields
The Block
'Clock is ticking': crypto bill's 2026 fate hinges on Trump and stablecoin yields
Crypto industry views diverge on the likelihood that Washington will pass legislation in 2026, with estimates ranging from 25% to 60%.
The Block News Feed
Bitdeer swings to Q4 profit as revenue triples, shares fall 8% after earnings
The Block
Bitdeer swings to Q4 profit as revenue triples, shares fall 8% after earnings
Bitdeer is leaning into shifting compute resources toward AI and high-performance computing infrastructure, similar to many of its peers.
The Block News Feed
The Daily: Standard Chartered warns of further ‘pain and final capitulation’ for BTC and ETH, Binance completes $1B SAFU conversion to bitcoin, and more
The Block
The Daily: Standard Chartered warns of further 'pain and final capitulation' for BTC and ETH, Binance completes $1B SAFU conversion…
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The Block News Feed
JPMorgan sees bitcoin support near $77,000, remains ‘positive’ on crypto in 2026
The Block
JPMorgan sees bitcoin support near $77,000, remains 'positive' on crypto in 2026
JPMorgan’s bitcoin production cost estimate, which has served as a support level, has fallen to $77,000 from $90,000.
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SEC Chair Atkins calls prediction markets a ‘huge issue’ amid growing legal spotlight
The Block
SEC Chair Atkins calls prediction markets a 'huge issue' amid growing legal spotlight
Predictions markets are a "huge issue" that federal regulators are focused on, SEC Chair Paul Atkins told lawmakers on Thursday.
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The Block News Feed
Crypto super PAC launches $1.5 million effort to unseat Al Green in Texas Democratic primary
The Block
Crypto super PAC launches $1.5 million effort to unseat Al Green in Texas Democratic primary
Fairshake and affiliated PACs like Project Progress are escalating efforts to shape House membership around digital asset policy.
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The Block News Feed
Aave Labs proposes sending 100% of protocol revenue to DAO in exchange for funding
The Block
Aave Labs proposes sending 100% of protocol revenue to DAO in exchange for funding
Marc Zeller, ACI founder and prominent DAO advocate, argues Aave Labs' proposal is an attempt to cash out framed as a benevolent act.
The Block News Feed
Coinbase swings to $667 million loss as crypto slump drags Q4 revenue
The Block
Coinbase swings to $667 million loss as crypto slump drags Q4 revenue
Coinbase’s institutional and subscription businesses helped cushion the impact of weaker retail trading in the fourth quarter.
The Block News Feed
DraftKings forecasts $6.9 billion revenue guidance on ‘expected investment in DraftKings Predictions’
The Block
DraftKings forecasts $6.9 billion revenue guidance on 'expected investment in DraftKings Predictions'
DraftKings Predictions was offered last December in more states than its traditional sportsbook betting platform.
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The Block News Feed
New England man charged in alleged crypto fraud after losing nearly $1 million on gambling site
The Block
New England man charged in alleged crypto fraud after losing nearly $1 million on gambling site
Elmin Redzepagic allegedly posed as a "cryptocurrency investor who earned high rates of return" to defraud his investors.
The Block News Feed
CFTC Chair Selig appoints crypto heavyweights to 35-person innovation advisory panel
The Block
CFTC Chair Selig appoints crypto heavyweights to 35-person innovation advisory panel
CFTC Chair Selig said the IAC will help shape the watchdog's oversight of "breakthrough" technologies like AI and blockchain.
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Bitcoin trading firm CEO sentenced to 20 years over $200 million ponzi scheme
The Block
Bitcoin trading firm CEO sentenced to 20 years over $200 million ponzi scheme
Ramil Ventura Palafox falsely promised investors 0.5% to 3% daily returns when the company was not able to produce such amounts, per the DOJ.
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The Block News Feed
US spot bitcoin ETFs bleed $410 million as BTC slips below $66,000
The Block
US spot bitcoin ETFs bleed $410 million as BTC slips below $66,000
US spot bitcoin ETFs recorded $410 million in outflows as bitcoin fell below $66,000 after stronger-than-expected jobs data.
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The Block News Feed
South Korean police lose seized bitcoin held in cold wallet since 2021
The Block
South Korean police lose seized bitcoin held in cold wallet since 2021
Police authorities have launched an internal probe to determine the circumstances of the incident and potential internal involvement.
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The Block News Feed
‘Cupid doesn’t ask for crypto’: DOJ warns of romance scams as Valentine’s Day nears
The Block
'Cupid doesn't ask for crypto': DOJ warns of romance scams as Valentine's Day nears
The U.S. DOJ has warned Americans to beware of romance scams involving cryptocurrency ahead of Valentine’s Day.
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The Block News Feed
Cathie Wood’s Ark Invest buys more Bitmine, Bullish shares, doubling down on crypto dip
The Block
Cathie Wood's Ark Invest buys more Bitmine, Bullish shares, doubling down on crypto dip
The firm also purchased $12.4 million worth of shares in Robinhood, which saw a notable 9% decline for the day.
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