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The Block News Feed
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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HEX founder Richard Heart declares ‘SEC lost and crypto won’ as regulator drops fraud suit
The Block
HEX founder Richard Heart declares 'SEC lost and crypto won' as regulator drops fraud suit
The United States SEC decided not to file an amended complaint for its fraud lawsuit against Hex founder Richard Heart.
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Binance South Africa to require information on senders and recipients for local compliance
The Block
Binance South Africa to require information on senders and recipients for local compliance
Binance plans to change how South African users make crypto deposits and withdrawals to ensure greater regulatory compliance.
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SEC charges crypto exec over alleged $198 million fraud scheme involving Lamborghini purchases and ‘Ponzi-like’ payouts
The Block
SEC charges crypto exec over alleged $198 million fraud scheme involving Lamborghini purchases and 'Ponzi-like' payouts
The agency's complaint charges Ramil Palafox with violating anti-fraud and registration provisions of federal securities laws.
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Crypto exchange Gate.io pledges ‘100% compensation’ to affected users amid emergency system upgrade
The Block
Crypto exchange Gate.io pledges '100% compensation' to affected users amid emergency system upgrade
Gate.io's futures services were temporarily suspended during the upgrade, though spot trading, deposits and withdrawals were unaffected.
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Ethereum Layer 2 Scroll introduces ‘Euclid’ upgrade, promising improved network throughput and security
The Block
Ethereum Layer 2 Scroll introduces 'Euclid' upgrade, promising improved network throughput and security
The Scroll team describes Euclid as 'the most substantial protocol transformation' since its mainnet launch.
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Paradigm-backed restaking protocol Symbiotic raises $29 million in Series A funding
The Block
Paradigm-backed restaking protocol Symbiotic raises $29 million in Series A funding
Paradigm-backed Symbiotic has raised $29 million to expand from restaking into a broader "universal staking" platform.
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Assassin’s Creed dev Ubisoft teams with Immutable on Might and Magic title
The Block
Assassin’s Creed dev Ubisoft teams with Immutable on Might and Magic title
Through the partnership Ubisoft and Immutable plan to launch the mobile title "Might and Magic Fates" early next year.
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Chatting Optimism with OP Labs co-founder Mark Tyneway
The Block
Chatting Optimism with OP Labs co-founder Mark Tyneway
OP Labs Co-Founder Mark Tyneway discusses progress made in the Optimism ecosystem and how apps may bring the next wave of adoption.
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Benchmark targets 33% gain for Coinbase stock as crypto approaches end of ‘air pocket’ on regulatory clarity
The Block
Benchmark targets 33% gain for Coinbase stock as crypto approaches end of 'air pocket' on regulatory clarity
Senior Research Analyst Mark Palmer cited potential digital asset legislation in the U.S. as a catalyst for a new wave of crypto demand.
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Bitcoin’s rally to $94,000 pushes total crypto market cap above $3 trillion
The Block
Bitcoin’s rally to $94,000 pushes total crypto market cap above $3 trillion
Analysts argued that overheating funding rates and flying open interest may cause a bitcoin pullback or a crypto market correction.
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Trump to host gala for top 220 $TRUMP memecoin holders at D.C. golf club
The Block
Trump to host gala for top 220 $TRUMP memecoin holders at D.C. golf club
President Donald Trump will host the top 220 owners of his memecoin at his private golf club in the nation's capital.