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The Block News Feed
Strive Asset Management’s merger with Asset Entities to unlock a ‘tax-less’ opportunity for investors to exchange bitcoin for stock
The Block
Strive Asset Management's merger with Asset Entities to unlock a 'tax-less' opportunity for investors to exchange bitcoin for stock
The "reverse merger" will allow investors to exchange their bitcoin for equity, a “tax-free” transaction under Section 351 of the U.S. tax code.
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Robinhood plans blockchain platform to allow trading of US securities in Europe: Bloomberg
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Robinhood plans blockchain platform to allow trading of US securities in Europe: Bloomberg
The move could help increase trading volumes as the firm has been able to offer Europeans the ability to trade U.S. stocks.
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Galaxy Digital taps Zodia Custody to expand staking services in Europe
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Galaxy Digital taps Zodia Custody to expand staking services in Europe
Staking represents a growing business line for the crypto conglomerate, which now manages nearly $5 billion worth of staked assets.
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Nasdaq-listed Bitcoin miner Core Scientific nets $580 million in Q1 profit, largely driven by mark-to-market warrant adjustments
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Nasdaq-listed Bitcoin miner Core Scientific nets $580 million in Q1 profit, largely driven by mark-to-market warrant adjustments
Core Scientific saw net income spike to $580.7 million in Q1 2025, more than doubling its $210.7 million profit during the same period in 2024.
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DeFi Development Corp. approves 7-for-1 stock split amid broader SOL treasury push
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DeFi Development Corp. approves 7-for-1 stock split amid broader SOL treasury push
The move increases the firm's outstanding shares from about 2 million to 14 million, though its authorized share capital won't be affected.
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Arizona becomes second US state to enact crypto reserve bill
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Arizona becomes second US state to enact crypto reserve bill
The bill enables the integration of crypto assets into Arizona's unclaimed property framework by establishing a crypto reserve fund.
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G7 leaders weigh discussing North Korean crypto hacks in June summit: Bloomberg
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G7 leaders weigh discussing North Korean crypto hacks in June summit: Bloomberg
North Korea was behind some of the largest crypto heists in history, including the $1.4 billion exploit on Bybit exchange earlier this year.
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US banks can buy and sell customers’ crypto assets on their behalf, OCC says
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US banks can buy and sell customers' crypto assets on their behalf, OCC says
The agency recently rescinded its previous stance that had required banks to get its approval before engaging in crypto-related activities.
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Binance founder CZ confirms filing for presidential pardon from Trump
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Binance founder CZ confirms filing for presidential pardon from Trump
Changpeng Zhao, also known as CZ, said in a Tuesday podcast interview that he has applied for a pardon from President Trump.
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Bitcoin briefly tops $99,000 as it rallies on constructive momentum, analyst says
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Bitcoin briefly tops $99,000 as it rallies on constructive momentum, analyst says
One analyst said bitcoin could retest its all-time high if it holds above the $100,000 line in upcoming sessions.
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Flare Network’s total value locked surges 160% since USDT0 rollout, surpassing $120 million
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Flare Network's total value locked surges 160% since USDT0 rollout, surpassing $120 million
The growth is linked to the launch of USDT0, an omnichannel version of Tether's USDT, and an incentive program by Flare.
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Bitcoin becoming global reserve asset ‘sooner’ than most think: David Bailey
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Bitcoin becoming global reserve asset 'sooner' than most think: David Bailey
Bitcoin Inc CEO David Bailey discusses Bitcoin's growing institutional and geopolitical adoption and potential as a reserve asset.
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Stripe unveils new stablecoin feature following $1.1 billion Bridge acquisition
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Stripe unveils new stablecoin feature following $1.1 billion Bridge acquisition
The new product allows businesses to hold balances in dollar-backed stablecoins, and send stablecoins globally.
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Sei community weighs proposal to deprecate native Cosmos accounts, move to EVM-only model
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Sei community weighs proposal to deprecate native Cosmos accounts, move to EVM-only model
The EVM-only proposal aims to improve the user and developer experience ahead of Sei's forthcoming Giga upgrade.
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Trump-tied World Liberty Financial’s USD1 stablecoin market cap surges from $130M to over $2B since late April
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Trump-tied World Liberty Financial’s USD1 stablecoin market cap surges from $130M to over $2B since late April
The supply of Trump's WLFI stablecoin USD1 grew over to $2.1 billion in a few days as an Abu Dhabi firm confirmed an investment into Binance.
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‘Don’t do crime, crime is bad’ — Hack on ransomware gang LockBit exposes 59,975 Bitcoin addresses and thousands of victim negotiations: report
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'Don't do crime, crime is bad' — Hack on ransomware gang LockBit exposes 59,975 Bitcoin addresses and thousands of victim negotiations:…
Ransomware gang LockBit, known for demanding cryptocurrency payments, has been hit by a data leak of its own following a recent hack.
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Arbitrum DAO approves 35 million ARB allocation to tokenized US Treasurys from Franklin Templeton, Spiko, and WisdomTree
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Arbitrum DAO approves 35 million ARB allocation to tokenized US Treasurys from Franklin Templeton, Spiko, and WisdomTree
Around $11.6 million of Arbitrum's treasury will now be allocated to Franklin Templeton's FOBXX, Spiko's USTBL, and WisdomTree's WTGXX.
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Ether leads weekly gains among top 10 cryptocurrencies as Bitcoin flirts with $100,000
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Ether leads weekly gains among top 10 cryptocurrencies as Bitcoin flirts with $100,000
Ether eyed $2,000 for the first time since March following instutional interest over the last two weeks and the recent Pectra upgrade.
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Coinbase agrees to acquire crypto derivatives exchange Deribit in record $2.9 billion deal
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Coinbase agrees to acquire crypto derivatives exchange Deribit in record $2.9 billion deal
The deal consists of $700 million in cash and 11 million shares of Coinbase Class A common stock, the crypto exchange giant confimed.
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Superstate unveils ‘Opening Bell’ to bring SEC-registered equities onchain, starting with Solana
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Superstate unveils ‘Opening Bell’ to bring SEC-registered equities onchain, starting with Solana
Superstate was among several firms to propose an SEC-backed framework to bring Wall Street stocks to the blockchain.