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The Block News Feed
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The Block News Feed
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.
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BlackRock’s Bitcoin ETF nears 3% of total BTC supply as inflows spike
The Block
BlackRock's Bitcoin ETF nears 3% of total BTC supply as inflows spike
The fund manager's Bitcoin holdings accounts for only a sliver of its nearly $12 trillion in overall assets under management.
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Coeptis dives 40% on Dogecoin mining pivot with Z Squared merger
The Block
Coeptis dives 40% on Dogecoin mining pivot with Z Squared merger
As part of the deal, Coeptis will acquire 9,000 Dogecoin mining machines in exchange for equity in the company.
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SEC Chair Paul Atkins signals sharp shift on digital assets in first public remarks at crypto roundtable
The Block
SEC Chair Paul Atkins signals sharp shift on digital assets in first public remarks at crypto roundtable
In his fourth day at the job, new SEC Chairman Paul Atkins said he anticipates "huge benefits" from digital assets.
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The Daily: Ark Invest outlines $2.4 million bitcoin bull case, decentralized AI gets a $50 million boost from Paradigm and more
The Block
The Daily: Ark Invest outlines $2.4 million bitcoin bull case, decentralized AI gets a $50 million boost from Paradigm and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
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Payments giant Stripe building ‘new stablecoin product,’ bypassing US, EU and UK
The Block
Payments giant Stripe building 'new stablecoin product,' bypassing US, EU and UK
The product will be built using Bridge, the stablecoin services unit Stripe acquired in October 2024 for $1.1 billion.
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Ethereum public goods funding protocol Gitcoin winding down its software division
The Block
Ethereum public goods funding protocol Gitcoin winding down its software division
Gitcoin is shutting down its primary software development unit, Gitcoin Labs, largely due to a lack of profitability, the project said Friday.
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DeFi Development Company, the ‘MSTR of Solana,’ files $1 billion shelf offering with SEC
The Block
DeFi Development Company, the ‘MSTR of Solana,’ files $1 billion shelf offering with SEC
A shelf offering allows a company to register for a new securities issuance to offer equity and debt sales over time.
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US spot bitcoin ETFs log $3 billion in weekly inflows, a 5-month high following BTC price spike
The Block
US spot bitcoin ETFs log $3 billion in weekly inflows, a 5-month high following BTC price spike
Spot bitcoin ETFs had their second-best week of all time, as rising crypto prices led to strong inflows to both BTC and ETH funds.
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Arbitrum says it pulled out of accelerator program after Nvidia refused crypto association
The Block
Arbitrum says it pulled out of accelerator program after Nvidia refused crypto association
Earlier reports had indicated that Nvidia terminated the partnership, but the Arbitrum Foundation said it was its decision to pull out.
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Solana DeFi protocol Loopscale hit with $5.8 million exploit two weeks after launch
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Solana DeFi protocol Loopscale hit with $5.8 million exploit two weeks after launch
The platform is working with law enforcement and security professionals to evaluate the exploit and attempt to recover the funds, Loopscale said.
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ProShares to launch leveraged, short XRP futures ETFs on April 30
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ProShares to launch leveraged, short XRP futures ETFs on April 30
The first XRP futures ETF launched earlier this month, though approval of a spot XRP ETF has yet to come from the SEC.
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Bitget will legally pursue 8 accounts suspected of profiting $20 million from VOXEL trading manipulation
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Bitget will legally pursue 8 accounts suspected of profiting $20 million from VOXEL trading manipulation
The exchange is still investigating the "abnormal" trading activity from last weekend, and promises to distribute any recovered funds back to users.
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Term Finance recovers $1 million of $1.6 million loss to oracle configuration error
The Block
Term Finance recovers $1 million of $1.6 million loss to oracle configuration error
Another DeFi protocol, Impermax, was also attacked on Saturday, adding to a recent spate of damaging hacks, exploits, and errors.
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Loopscale’s exploiter willing to accept bounty offer following $5.8 million hack
The Block
Loopscale's exploiter willing to accept bounty offer following $5.8 million hack
The Solana-based DeFi protocol said it heard from the exploiter, who is willing to return the exploited funds for a 3,947 SOL bounty.
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Apparent bitcoin theft worth $330 million spikes Monero price in laundering frenzy: ZachXBT
The Block
Apparent bitcoin theft worth $330 million spikes Monero price in laundering frenzy: ZachXBT
A suspicious transaction involving approximately 3,520 BTC took place on Sunday, in what ZachXBT believes may be a theft.
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Ethereum researcher proposes 100-fold ‘exponential’ gas limit boost to improve mainnet scaling
The Block
Ethereum researcher proposes 100-fold 'exponential' gas limit boost to improve mainnet scaling
Ethereum researcher Dankrad Feist proposed EIP-9698 — suggesting a hundredfold gas limit increase over four years.
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Global crypto funds attract third-largest weekly inflows of $3.4 billion as ‘investors seek alternative safe havens’: CoinShares
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Global crypto funds attract third-largest weekly inflows of $3.4 billion as 'investors seek alternative safe havens': CoinShares
Digital assets are becoming an emerging safe haven amid concerns over the impact of U.S. tariffs, Head of Research James Butterfill said.
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Nike faces $5 million class action lawsuit over shutdown of NFT arm RTFKT
The Block
Nike faces $5 million class action lawsuit over shutdown of NFT arm RTFKT
A group of RTFKT NFT buyers sued Nike for allegedly executing a rug pull after winding down the NFT platform.
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Nexo to reenter US market after two-year regulatory exit and $45 million settlement
The Block
Nexo to reenter US market after two-year regulatory exit and $45 million settlement
Nexo previously exited the U.S. market due to multi-agency investigations and paid $45 million to settle charges with watchdogs.