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The Block News Feed
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.
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‘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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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South Korea’s key right-wing party pushes for new law promoting crypto sector: report
The Block
South Korea's key right-wing party pushes for new law promoting crypto sector: report
South Korea's financial regulators are also loosening previously strict regulations on the crypto asset sector.
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North Korean hackers created fake US companies to target crypto developers: report
The Block
North Korean hackers created fake US companies to target crypto developers: report
North Korean hackers created three companies — two of which were US-based — to distribute malware to cryptocurrency developers.
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Ark Invest raises 2030 bull-case bitcoin price projection to $2.4 million on ‘aggressive’ modeling
The Block
Ark Invest raises 2030 bull-case bitcoin price projection to $2.4 million on 'aggressive' modeling
Ark also projects a price estimate of $1.2 million in the base case and $500,000 in the bear case in 2030.
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US spot bitcoin ETFs log $442 million in net inflows as BTC price shows resilience
The Block
US spot bitcoin ETFs log $442 million in net inflows as BTC price shows resilience
Spot bitcoin ETFs in the US reported $442 million in net inflows on Thursday, marking the fifth consecutive day of positive flows.
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SEC requests dismissal of Dragonchain lawsuit, citing Crypto Task Force launch
The Block
SEC requests dismissal of Dragonchain lawsuit, citing Crypto Task Force launch
The move is part of a larger wave where the SEC is rescinding its enforcement action against multiple major crypto players.
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Bitcoin holds $94,000 after $7.2 billion options expiry as whales accumulate amid 2-year high CEX outflows
The Block
Bitcoin holds $94,000 after $7.2 billion options expiry as whales accumulate amid 2-year high CEX outflows
Historic BTC outflows from centralized exchanges and whale accumulation seemingly dampened Friday's $7.2 billion bitcoin options expiry.
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Paradigm leads $50 million Series A round for decentralized AI project Nous Research
The Block
Paradigm leads $50 million Series A round for decentralized AI project Nous Research
Paradigm has led a $50 million Series A round for decentralized AI startup Nous Research, bringing its token valuation to $1 billion.
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Bitwise files to launch NEAR ETF in Delaware as SEC warms to crypto funds under Trump
The Block
Bitwise files to launch NEAR ETF in Delaware as SEC warms to crypto funds under Trump
An exchange-traded fund entity tracking NEAR has been filed as a Delaware trust company by crypto asset manager Bitwise.