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The Block News Feed
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The Block News Feed
China sentences former party official to life in prison for crypto mining corruption, power abuse
The Block
China sentences former party official to life in prison for crypto mining corruption, power abuse
Yi Xiao, a former provincial-level official, was sentenced to life in jail for wrongdoings, including supporting crypto mining.
The Block News Feed
Bitcoin stabilizes at $26,000 as alts slip further
The Block
Bitcoin stabilizes at $26,000 as alts slip further
Bitcoin has held a precarious line at $26,000, but rising dollar strength and a Fed announcement Friday could cause further downside.
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Elusiv rolls out ‘private token swaps’ feature on Solana
The Block
Elusiv rolls out 'private token swaps' feature on Solana
Encryption protocol Elusiv has released one of the first-ever methods to privately trade assets on Solana.
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Bitcoin holders remain steadfast as Grayscale, crypto bill catalysts await
The Block
Bitcoin holders remain steadfast as Grayscale, crypto bill catalysts await
All eyes are on the potential catalysts for the rest of 2023, with bitcoin holders remaining steadfast despite a 10% market drop last week.
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The Republican Party’s crypto candidate explains why the tech matters
The Block
The Republican Party's crypto candidate explains why the tech matters
Miami Mayor and Presidential candidate Francis Suarez unpacks how he would support innovation in crypto upon election.
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Crypto internet provider World Mobile launches on Google Play in US
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Crypto internet provider World Mobile launches on Google Play in US
Decentralized internet provider World Mobile available for download on Android devices in the US, UK, Canada and Australia.
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Fidelity-backed EDX selects Anchorage Digital for clearinghouse custody
The Block
Fidelity-backed EDX selects Anchorage Digital for clearinghouse custody
Institutional crypto exchange EDX Markets selected Anchorage Digital to provide custody solutions for its upcoming clearinghouse business.
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BIS warns emerging economies of financial stability risk from crypto
The Block
BIS warns emerging economies of financial stability risk from crypto
The BIS warned in a Tuesday report that crypto market vulnerabilities could pose broader financial stability risks.
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Balancer reveals ‘critical vulnerability’ in some V2 pools
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Balancer reveals 'critical vulnerability' in some V2 pools
Balancer mitigated 80% of the threat but noted that the 4% of total-value-locked is still at risk, according to a Balancer forum post.
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Binance.US taps MoonPay to help customers buy crypto
The Block
Binance.US taps MoonPay to help customers buy crypto
Amid disruptions making it impossible for Binance.US to deposit or withdraw dollars, the crypto exchange partners with MoonPay.
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Risc Zero releases ‘Zeth’ prover technology to develop ZK rollups on Ethereum
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Risc Zero releases 'Reth' prover to develop ZK rollups on Ethereum
Risc Zero has released Zeth, an open-source prover technology designed to help develop Ethereum-based Layer 2 solutions.
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Coinbase move to support USDC shows importance of interest income to bottom line
The Block
Coinbase move to support USDC shows importance of interest income to bottom line
USDC stablecoin's declining market appears to be a point of concern for both Coinbase and Circle, founders of the digital currency.
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BlockTower co-leads $5 million strategic funding round for DeFi lender Maple Finance
The Block
BlockTower co-leads $5 million strategic funding round for Maple Finance
Maple Finance will use the funds to expand across Latin America and the Asia-Pacific and to create new partnerships.
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Coinbase and Circle look for USDC boost amid declining supply
The Block
Coinbase and Circle look for USDC boost amid declining supply
Coinbase and Circle are planning to expand the coin in more jurisdictions, expand to new chains and strike further institutional deals.
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Crypto exchange Bitso adds Tron support for Tether transactions
The Block
Crypto exchange Bitso adds Tron support for Tether transactions
The move will lower fees and increase transaction speed by removing the need for Ethereum as an intermediary.
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Former OpenSea product manager accused of insider trading sentenced to three months in prison
The Block
Former OpenSea product manager accused of insider trading sentenced to three months in prison
Nathaniel Chastain, a former head of product at OpenSea, was sentenced to three months in prison, according to Inner City Press.
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Australia still ‘some years away’ from CBDC issuance, central bank says
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Australia still ‘some years away’ from CBDC issuance, central bank says
The Reserve Bank of Australia said that further research is required to address potential legal, regulatory, technical and operational issues related to CBDCs.
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Rarible to cease aggregating orders from OpenSea, LooksRare and X2Y2 amid royalty debate
The Block
Rarible to cease aggregating orders from OpenSea, LooksRare and X2Y2 amid royalty debate
NFT aggregator Rarible will discontinue aggregating orders from NFT marketplaces OpenSea, LooksRare and X2Y2 by Sept. 30.
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Decentralized social media Farcaster to migrate to OP Mainnet
The Block
Decentralized social media Farcaster to migrate to OP Mainnet
Farcaster, a decentralized social media protocol, is migrating its project to the OP Mainnet Layer 2 network from Ethereum.
The Block News Feed
FBI warns North Korean hackers poised to cash out more than $40 million in bitcoin
The Block
FBI warns North Korean hackers poised to cash out more than $40 million in bitcoin
The Federal Bureau of Investigation today warned crypto operators that entities tied to North Korea are poised to sell more than $40 million worth of bitcoin.