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The Block News Feed
Prosecutors seek 8-year sentence for Mango Markets’ exploiter Avi Eisenberg
The Block
Prosecutors seek 8-year sentence for Mango Markets' exploiter Avi Eisenberg
While Eisenberg claimed his Mango Markets trades were lawful, the prosecution argued he knew they were unlawful.
The Block News Feed
Metaplanet hits 5,000 BTC milestone as corporate bitcoin accumulation race heats up
The Block
Metaplanet hits 5,000 BTC milestone as corporate bitcoin accumulation race heats up
Metaplanet has acquired a further 145 BTC for approximately $13.6 million, bought at an average purchase price of $93,327 per bitcoin.
The Block News Feed
ZKsync reclaims $5 million worth of hacked tokens following 10% bounty offer
The Block
ZKsync reclaims $5 million worth of hacked tokens following 10% bounty offer
The project offered the attacker a 10% bounty for returning the hacked tokens, which was accepted within the provided timeframe.
The Block News Feed
US court to sentence former Celsius CEO Alex Mashinsky on May 8 over fraud and manipulation charges
The Block
US court to sentence former Celsius CEO Alex Mashinsky on May 8 over fraud and manipulation charges
Alex Mashinsky, former Celsius CEO, could spend up to 20 years behind bars after his guilty plea from last year.
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Crypto trading surge helps Revolut secure record annual profit of $1.4 billion
The Block
Crypto trading surge helps Revolut secure record annual profit of $1.4 billion
Revolut's 2024 revenue growth was primarily driven by its wealth division — including crypto trading activity — up 298% to $647 million.
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Securitize debuts new crypto index fund with Mantle’s $400 million backing
The Block
Securitize debuts new crypto index fund with Mantle's $400 million backing
The Mantle Index Four fund provides exposure to major crypto assets with additional returns from DeFi staking strategies.
The Block News Feed
Crypto VC RockawayX raises $125 million for second fund to primarily invest in Solana projects
The Block
Crypto VC RockawayX raises $125 million for second fund to primarily invest in Solana projects
Up to 75% of the fund's capital is expected to go toward Solana-based projects, RockawayX's Samantha Bohbot told The Block.
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KiloEX users promised compensation after $7 million price oracle exploit
The Block
KiloEX users promised compensation after $7 million price oracle exploit
KiloEX announced user compensation and staking boosts after an exploiiter stole $7 million through a price oracle vulnerability.
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Hack VC and Anthos Capital lead capital raise for institutional crypto trading platform Theo, bringing total funding to $20 million
The Block
Hack VC and Anthos Capital lead capital raise for institutional crypto trading platform Theo, bringing total funding to $20 million
Theo, builds trading infrastructure for institutions, announced it raised a total of $20 million in financing across two rounds.
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AT&T subscribers will now ‘automatically connect’ to nearby Helium hotspots through new commercial agreement
The Block
AT&T subscribers will now 'automatically connect' to nearby Helium hotspots through new commercial agreement
Helium Network General Manager Mario Di Dio said the integration comes through a “commercial agreement” with AT&T.
The Block News Feed
‘Sun’ username registers an HTX cold wallet for Trump’s memecoin holders’ dinner: Arkham
The Block
'Sun' username registers an HTX cold wallet for Trump's memecoin holders' dinner: Arkham
The address holds nearly 1.2 million TRUMP worth around $14.5 million, the largest registered for the gala.
The Block News Feed
PayPal, Coinbase partner to eliminate trading fees on PYUSD in bid to boost adoption
The Block
PayPal, Coinbase partner to eliminate trading fees on PYUSD in bid to boost adoption
This new partnership comes after PayPal unveiled a 3.7% annual yield for individuals holding PYUSD in their PayPal or Venmo wallets starting in the summer of 2025.
The Block News Feed
After legal drama, Shaquille O’Neal reaches settlement in FTX class action lawsuit
The Block
After legal drama, Shaquille O'Neal reaches settlement in FTX class action lawsuit
Basketball star Shaquille O'Neal and FTX customers have reached a settlement agreement years after starring in a commercial for the company.
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Long Island man sentenced to 18 years in $12 million crypto scam involving his son
The Block
Long Island man sentenced to 18 years in $12 million crypto scam involving his son
Two Long Island men in a father-and-son crypto scheme have been sentenced to 24 years in combined sentences.
The Block News Feed
CME Group plans to launch XRP futures, its fourth-ever crypto add
The Block
CME Group plans to launch XRP futures, its fourth-ever crypto add
XRP is arguably a natural expansion for the CME given that its $127 billion market cap, making it the fourth-largest token.
The Block News Feed
US SEC delays decisions on Polkadot and Hedera ETFs as agency weighs dozens of crypto proposals
The Block
US SEC delays decisions on Polkadot and Hedera ETFs as agency weighs dozens of crypto proposals
The SEC is pushing back its deadline for a few proposals to list and trade crypto funds based on DOT to HBAR tokens.
The Block News Feed
TON Foundation names MoonPay co-founder Maximilian Crown as CEO amid growth plateau
The Block
TON Foundation names MoonPay co-founder Maximilian Crown as CEO amid growth plateau
After Telegram-based games have lost tractions, TON daily fees and transaction volumes have dropped significantly.
The Block News Feed
The Daily: CME to launch XRP futures as ETF momentum builds, Metaplanet reaches 5,000 BTC in expanding bitcoin accumulation race and more
The Block
The Daily: CME to launch XRP futures as ETF momentum builds, Metaplanet reaches 5,000 BTC in expanding bitcoin accumulation race…
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The Block News Feed
Citigroup predicts stablecoin supply could hit $3.7 trillion by 2030
The Block
Citigroup predicts stablecoin supply could hit $3.7 trillion by 2030
The stablecoin market could also only reach $500 billion "if adoption and integration challenges persist" the banking giant also said.
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Federal Reserve retracts guidance discouraging banks from engaging in crypto
The Block
Federal Reserve retracts guidance discouraging banks from engaging in crypto
The Federal Reserve said it is taking back prior-reporting requirements on banks' crypto and stablecoin activities.