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The Block News Feed
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
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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
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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
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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
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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
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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
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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
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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
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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
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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.
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Solana Policy Institute expands its ranks, tapping Rachel Green Horn as chief marketing officer
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Solana Policy Institute expands its ranks, tapping Rachel Green Horn as chief marketing officer
Advocacy group Solana Policy Institute is adding another crypto veteran to its ranks — Rachel Green Horn to be its chief marketing officer.
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Bernstein sees bitcoin primed for new highs as corporate accumulation and ETF ‘supply squeeze’ intensifies
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Bernstein sees bitcoin primed for new highs as corporate accumulation and ETF 'supply squeeze' intensifies
"Hard to be bearish, in our view, on this asset with the current demand-supply dynamics," the Bernstein analysts said.
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Standard Chartered says buy bitcoin ‘now,’ sees rally to $120,000 in Q2
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Standard Chartered says buy bitcoin 'now,' sees rally to $120,000 in Q2
Standard Chartered's Geoffrey Kendrick predicts a new bitcoin all-time high around $120,000 in Q2, fueled by strategic reallocation away from U.S. assets.
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‘Stay humble, stack sats’: Strategy acquires another 15,355 bitcoin for $1.4 billion as total holdings reach 553,555 BTC
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'Stay humble, stack sats': Strategy acquires another 15,355 bitcoin for $1.4 billion as total holdings reach 553,555 BTC
The company's holdings now total around 2.6% of the total 21 million bitcoin supply — worth over $52 billion.
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London-based tradfi firm Calastone taps Fireblocks for new platform to tokenize any fund on its network
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London-based tradfi firm Calastone taps Fireblocks for new platform to tokenize any fund on its network
Global funds network Calastone taps Fireblocks to support a new tool enabling asset managers to tokenize any fund on its platform.
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Ledger Live enables stablecoin yields directly from self-custody with new Kiln integration
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Ledger Live enables stablecoin yields directly from self-custody with new Kiln integration
The feature is pitched as a way to access DeFi yields for USDC, USDT, USDS and DAI without going through "complex processes."