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The Block News Feed
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The Block News Feed
WazirX eyes comeback from $230 million hack, pending key May 13 court ruling
The Block
WazirX eyes comeback from $230 million hack, pending key May 13 court ruling
Over 93% of WazirX creditors recently approved a restructuring plan that aims to recover approximately 85.3% of users’ lost balances.
The Block News Feed
XRP leads modest global crypto fund weekly inflows of $6 million amid ‘signs of recovery’: CoinShares
The Block
XRP leads modest global crypto fund weekly inflows of $6 million amid 'signs of recovery': CoinShares
Sentiment toward the asset class remains mixed but is showing "signs of recovery," Head of Research James Butterfill said.
The Block News Feed
Austin Federa’s DoubleZero is rewiring the internet to supercharge crypto
The Block
Austin Federa's DoubleZero is rewiring the internet to supercharge crypto
DoubleZero co-founder Austin Federa explains how his firm wants to rewire the internet to boost blockchain performance.
The Block News Feed
Galaxy Digital swaps $106 million ETH for SOL, as ether dominance drops to record low
The Block
Galaxy Digital swaps $106 million ETH for SOL, as ether dominance drops to record low
Galaxy's token swap may reflect bearish sentiment around Ethereum, marked by a significant price correction and waning investor confidence.
The Block News Feed
ECB fears ‘contagion’ risk from Trump’s crypto embrace, MiCA rules may not be strong enough: Politico
The Block
ECB fears 'contagion' risk from Trump's crypto embrace, MiCA rules may not be strong enough: Politico
The ECB believes Trump's support for the crypto industry may cause financial 'contagion,' putting the EU economy at risk, Politico reported.
The Block News Feed
‘We’re just getting started’: Metaplanet CEO defends bitcoin treasury strategy amid share price concerns
The Block
'We're just getting started': Metaplanet CEO defends bitcoin treasury strategy amid share price concerns
Simon Gerovich said that, despite concerns over the company's share price, its goal is to "create long-term corporate value."
The Block News Feed
Australian federal court overturns ruling against crypto lender Block Earner, orders securities agency to cover legal fees
The Block
Australian federal court overturns ruling against crypto lender Block Earner, orders securities agency to cover legal fees
Crypto lender Block Earner defeated claims that its Earner product broke securities laws, overturning a previous verdict in favor of the ASIC.
The Block News Feed
Trump Media and Crypto.com finalize agreement to launch slate of ‘Made in America’ crypto-related ETFs
The Block
Trump Media and Crypto.com finalize agreement to launch slate of 'Made in America' crypto-related ETFs
The ETFs are expected to launch later this year, comprising various digital assets and securities with a "Made in America" focus.
The Block News Feed
Standard Chartered says bitcoin likely to keep rising amid Fed independence risks
The Block
Standard Chartered says bitcoin likely to keep rising amid Fed independence risks
Standard Chartered said bitcoin's primary role in a portfolio is to hedge against risks to the traditional financial system.
The Block News Feed
Janover completes rebrand as former Kraken execs double down on Solana treasury strategy
The Block
Janover completes rebrand as former Kraken execs double down on Solana treasury strategy
The firm began buying and staking SOL after being acquired by former Kraken executives earlier this month.
The Block News Feed
Bitcoin retakes $90,000 as IMF forecasts higher U.S. inflation and lower global economic growth
The Block
Bitcoin retakes $90,000 as IMF forecasts higher U.S. inflation and lower global economic growth
Bitcoin surged beyond $90,000 for the first time since March despite IMF reports of higher U.S. inflation and smaller global economic growth.
The Block News Feed
The Daily: Trump Media inks ‘Made in America’ ETF deal with Crypto.com, XRP tops global weekly fund flows and more
The Block
The Daily: Trump Media inks 'Made in America' ETF deal with Crypto.com, XRP tops global weekly fund flows and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The Block News Feed
SocialFi protocol Fantasy.top launches Clout with X-based points system
The Block
SocialFi protocol Fantasy.top launches Clout with X-based points system
Dragonfly-backed Fantasy has launched Clout points, providing users a way to profit off social capital and earn crypto rewards.
The Block News Feed
XRP Ledger Foundation discloses ‘serious vulnerability’ in recently updated version of XRPL JavaScript library
The Block
XRP Ledger Foundation discloses 'serious vulnerability' in recently updated version of XRPL JavaScript library
The issue was discovered by Aikido Security, which noted the vulnerability could lead to a “potentially catastrophic” supply chain attack.
The Block News Feed
Jihan Wu’s Matrix Finance offers $200 million credit facility to Jihan Wu’s Bitdeer Bitcoin mining operation
The Block
Jihan Wu's Matrix Finance offers $200 million credit facility to Jihan Wu's Bitdeer Bitcoin mining operation
Bitdeer Technologies opened a $200 million credit facility earlier this month with Matrix Finance, also founded by Jihan Wu.
The Block News Feed
User growth on Aptos proves fleeting as active and new addresses plunge over 40%
The Block
User growth on Aptos proves fleeting as active and new addresses plunge over 40%
The seven-day moving average (7DMA) of the number of active addresses on Aptos has dropped to a yearly low of approximately 644,000.
The Block News Feed
Rep. Velázquez targets Puerto Rico crypto tax loophole with new bill
The Block
Rep. Velázquez targets Puerto Rico crypto tax loophole with new bill
The Fair Taxation of Digital Assets in Puerto Rico Act would include income derived from cryptocurrency staking, mining or trading in Puerto Rico as still federally taxable.
The Block News Feed
New SEC Chair Paul Atkins vows ‘rational, coherent’ approach to crypto regulation
The Block
New SEC Chair Paul Atkins vows 'rational, coherent' approach to crypto regulation
Atkins' remark echoes his previous testimony, where he said laying the groundwork for a digital asset framework would be his top priority.
The Block News Feed
Lutnick’s Cantor plans $3 billion bitcoin venture with SoftBank and Tether: FT
The Block
Lutnick's Cantor plans $3 billion bitcoin venture with SoftBank and Tether: FT
The initiative involves a new entity named 21 Capital, aiming to create a 'publicly listed alternative' to Michael Saylor's Strategy.
The Block News Feed
Spot bitcoin ETFs see $936 million inflows as ‘safe haven’ narrative strengthens
The Block
Spot bitcoin ETFs see $936 million inflows as 'safe haven' narrative strengthens
Analysts said institutional capital is flowing back into bitcoin as its role as a potential "safe haven" asset grows stronger.