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The Block News Feed
Bitcoin briefly tops $99,000 as it rallies on constructive momentum, analyst says
The Block
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.
The Block News Feed
Flare Network’s total value locked surges 160% since USDT0 rollout, surpassing $120 million
The Block
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
The Block
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
The Block
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
The Block
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
The Block
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
The Block
'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.
The Block News Feed
Arbitrum DAO approves 35 million ARB allocation to tokenized US Treasurys from Franklin Templeton, Spiko, and WisdomTree
The Block
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.
The Block News Feed
Ether leads weekly gains among top 10 cryptocurrencies as Bitcoin flirts with $100,000
The Block
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
The Block
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
The Block
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.
The Block News Feed
Bitcoin crosses $100,000 for first time since February amid renewed US trade negotiations
The Block
Bitcoin crosses $100,000 for first time since February amid renewed US trade negotiations
Bitcoin is up nearly 4% on the day and 27.4% over the past 30 days. This is the first time BTC has seen $100,000 since February.
The Block News Feed
Skale launches BITE Protocol to eliminate malicious MEV attacks
The Block
Skale launches BITE Protocol to eliminate malicious MEV attacks
BITE encrypts data to prevent MEV bots from front-running, sniping or excluding transactions for their personal gain.
The Block News Feed
‘$1 trillion company some day’: Coinbase’s record-setting Deribit deal signals big bet on crypto’s institutional future
The Block
‘$1 trillion company some day’: Coinbase’s record-setting Deribit deal signals big bet on crypto's institutional future
Earlier today, Coinbase agreed to acquire crypto derivatives exchange Deribit in a record $2.9 billion deal.
The Block News Feed
Trump ‘furious’ after lobbyist behind XRP-tied crypto post revealed to have worked for Ripple: Politico
The Block
Trump 'furious' after lobbyist behind XRP-tied crypto post revealed to have worked for Ripple: Politico
According to Politico, Trump was not only "furious and felt like he’d been used," the lobbyist has also became a pariah in the West Wing.
The Block News Feed
The Daily: Bitcoin retakes $100K, Coinbase drops $2.9B on Deribit, Trump fumes over XRP crypto reserve post, and more
The Block
The Daily: Bitcoin retakes $100K, Coinbase drops $2.9B on Deribit, Trump fumes over XRP crypto reserve post, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The Block News Feed
US Senate votes to halt stablecoin bill as rising tensions surge over Trump’s crypto involvement
The Block
US Senate votes to halt stablecoin bill as rising tensions surge over Trump's crypto involvement
Senators voted to not move forward on a bill to regulate stablecoins for now following escalating tension over President Trump's involvement.
The Block News Feed
Camp Network launches testnet for IP-focused blockchain after $30 million raise
The Block
Camp Network launches testnet for IP-focused blockchain after $30 million raise
The startup recently closed an oversubscribed $30 million funding round backed by 1kx and Blockchain Capital.
The Block News Feed
Former Celsius CEO sentenced to 12 years in prison for crypto related fraud: Inner City Press
The Block
Former Celsius CEO sentenced to 12 years in prison for crypto related fraud: Inner City Press
Former Celsius CEO Alex Mashinsky was sentenced to 12 years in prison after prosecutors said he defrauded customers, Inner City Press reported.
The Block News Feed
Jump Crypto secures ‘strategic’ equity stake in Securitize to deepen institutional tokenization access
The Block
Jump Crypto secures 'strategic' equity stake in Securitize to deepen institutional tokenization access
Jump Crypto declined to disclose the dollar value of the deal, which aims to accelerate institutional adoption of tokenization tech.