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The Block News Feed
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The Block News Feed
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
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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
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
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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
The Block
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
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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
The Block
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
The Block
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
The Block
'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.
The Block News Feed
London-based tradfi firm Calastone taps Fireblocks for new platform to tokenize any fund on its network
The Block
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."
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Coinbase eyes 4-8% annualized BTC returns via bitcoin yield fund
The Block
Coinbase eyes 4-8% annualized BTC returns via bitcoin yield fund
On May 1, Coinbase Asset Management will launch an instutional bitcoin yield fund focused on BTC returns for non-U.S. customers.
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Nexus Mutual to provide insurance coverage for Babylon’s Bitcoin staking layer
The Block
Nexus Mutual to provide insurance coverage for Babylon's Bitcoin staking layer
The coverage will offer individuals and institutions slashing protection, offering bitcoin stakers "greater peace of mind.”
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Tether’s gold-backed XAUT stablecoin holds 7.7 tons of reserves after first quarter
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Tether’s gold-backed XAUT stablecoin holds 7.7 tons of reserves after first quarter
With gold prices soaring Tether's XAUT token hit its highest all-time price a week ago when it reached $3,423.
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Crypto leaders urge Trump to end ‘lawless campaign’ criminalizing software developers, including Roman Storm
The Block
Crypto leaders urge Trump to end 'lawless campaign' criminalizing software developers, including Roman Storm
A group of key crypto players are calling on the White House to stop prosecuting open-source software in light of Roman Storm's trial.
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CompoSecure, Baanx, and MetaMask unveil ‘metal card’ to make crypto tap-to-pay a reality
The Block
CompoSecure, Baanx, and MetaMask unveil 'metal card' to make crypto tap-to-pay a reality
The new card lets users pay directly from their self-custody MetaMask wallets without needing to preload or convert their crypto.
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Lombard partners with Eigen Foundation to bring Bitcoin restaking to EigenLayer ecosystem
The Block
Lombard partners with Eigen Foundation to bring Bitcoin restaking to EigenLayer ecosystem
The move allows bitcoin holders to earn base yield via the Bitcoin staking protocol Babylon as well as rewards through EigenLayer's restaking.
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Solstice Labs to launch yield-bearing stablecoin USX on Solana in Summer 2025
The Block
Solstice Labs to launch yield-bearing stablecoin USX on Solana in Summer 2025
Solstice Labs, a member of the Deus X Capital family, plans to roll out a Solana-native stablecoin with in-build yield features before late 2025.