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The Block News Feed
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The Block News Feed
BIS report highlights risks in traditional finance’s move toward tokenization
The Block
BIS report highlights risks in traditional finance's move toward tokenization
BIS report warned that tokenization poses significant risks and challenges that central banks must consider.
The Block News Feed
Transak discloses data breach affecting over 57,000 users, Stormous ransomware gang claims responsibility
The Block
Transak discloses data breach affecting nearly 100,000 users, Stormous ransomware gang claims responsibility
The ransomware gang, which claims responsibility for hacking web3 identity solution Fractal ID, also says it is behind the Transak exploit.
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Ethereum trails bitcoin since Fed’s September rate cut amid weak institutional demand: Kaiko Research
The Block
Ethereum trails bitcoin since Fed's September rate cut amid weak institutional demand: Kaiko Research
Since the Fed's rate cut last month, Bitcoin has outpaced Ethereum, driven by stronger demand and institutional adoption, analysts said.
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The Daily: Stripe acquires stablecoin platform Bridge for $1.1 billion, crypto markets ‘scream risk-on’ and more
The Block
The Daily: Stripe acquires stablecoin platform Bridge for $1.1 billion, crypto markets 'scream risk-on' and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
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Trump-linked World Liberty Financial would have ‘raised $1 billion’ as a 2017 ICO, Infinex’s Kain Warwick says
The Block
Trump-linked World Liberty Financial would have ‘raised $1 billion’ as a 2017 ICO, Infinex’s Kain Warwick says
Infinex Founder Kain Warwick discussed his new DeFi project, the U.S. election and the market while on The Crypto Beat.
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Why the Scroll Layer 2 token airdrop, announced today, annoys some users
The Block
Why the Scroll Layer 2 token airdrop, announced today, annoys some users
The team behind Ethereum Layer 2 blockchain Scroll announced it will distribute 7% of the new SCR token’s total supply in its first airdrop.
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Institutional interest soars as CME bitcoin futures open interest sets new all-time high
The Block
Institutional interest soars as CME bitcoin futures open interest sets new all-time high
A record high in OI indicates that more participants are actively trading or holding positions in Bitcoin futures.
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CFTC Chair Behnam presses Congress to act on crypto and election betting legislation
The Block
CFTC Chair Behnam presses Congress to act on crypto and election betting legislation
U.S. CFTC Chair Rostin Behnam has a wish list for Congress to move on — legislation directed toward crypto and election betting.
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Nomura-backed Komainu to acquire crypto custodian Propine amid Singapore expansion
The Block
Nomura-backed Komainu to acquire crypto custodian Propine amid Singapore expansion
Komainu said that the acquisition, pending approval from the MAS, is expected to strengthen its presence in Singapore.
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Sky mulls further changes to brand identity, return to MakerDAO on the table
The Block
Sky mulls further changes to brand identity, return to MakerDAO on the table
Sky will hold a community call this Friday to discuss rebranding options set forth by founder Rune Christensen.
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Karpatkey closes $7 million funding round to expand DAO treasury services
The Block
Karpatkey closes $7 million funding round to expand DAO treasury services
Karpatkey, an onchain treasury management solutions provider for DAOs, has closed a $7 million funding round.
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Across proposes capping token supply after LayerZero founder flags contract concerns
The Block
Across proposes capping token supply after LayerZero founder flags contract concerns
Bryan Pellegrino flagged a function in the Across token contract and claimed it allowed the owner to mint and burn ACX at will.
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As stablecoins gain greater traction, what’s next for crypto’s ‘killer use case?’
The Block
As stablecoins gain greater traction, what's next for crypto's 'killer use case?'
Analysts argue stablecoins provide investment opportunities via public companies, as a money market alternative and network value accrual.
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Bitcoin volatility expected to increase after approval of options on ETFs, analysts say
The Block
Bitcoin volatility expected to increase after approval of options on ETFs, analysts say
The introduction of options on spot bitcoin ETFs is expected to increase volatility for the underlying asset, according to analysts.
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Tether is ‘doubling down’ on communication and transparency, CEO Paolo Ardoino says
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Tether is 'doubling down' on communication and transparency, CEO Paolo Ardoino says
Tether CEO Paolo Ardoino asserted that the world's largest stablecoin is safe and says the company is doubling down on transparency.
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The Daily: Sky mulls MakerDAO comeback, what’s next for crypto’s ‘killer use case’ and more
The Block
The Daily: Sky mulls MakerDAO comeback, what's next for crypto's 'killer use case' and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
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Bitcoin mining difficulty hits new all-time high amid record network hash rate
The Block
Bitcoin mining difficulty hits new all-time high amid record network hash rate
The 3.9% positive adjustment comes after the Bitcoin network reached a record seven-day moving average hash rate of nearly 724 EH/s.
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Rep. French Hill remains hopeful for crypto legislation before the end of 2024
The Block
Rep. French Hill remains hopeful for crypto legislation before the end of 2024
Rep. French Hill says he is "still optimistic" that two crypto bills could be considered before the end of the year.
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Notcoin founder says Binance and ‘poor guys from nowhere’ are chasing success with Telegram games
The Block
Notcoin founder says Binance and ‘poor guys from nowhere' are chasing success with Telegram games
A wave of companies are building game for Telegram in the hopes of tapping into the messaging app’s nearly 1 billion users.
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Magic Eden adds support for BeraChain and ApeChain, sets sights on Monad
The Block
Magic Eden adds support for BeraChain and ApeChain, sets sights on Monad
Magic Eden aims to add the Layer 1 network Monad as its 10th supported blockchain, after Monad goes live on testnet.