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The Block News Feed
Yuga Labs sells CryptoPunks IP to nonprofit Infinite Node Foundation
The Block
Yuga Labs sells CryptoPunks IP to nonprofit Infinite Node Foundation
Yuga Labs sold the CryptoPunks IP following the community backlash of a derivative project and criticism over its handling of the series.
The Block News Feed
VanEck, Securitize launch tokenized US Treasury fund across four blockchains
The Block
VanEck, Securitize launch tokenized US Treasury fund across four blockchains
While leveraging "Securitize's integrated services" the VBILL fund is initially available on Avalanche, BNB Chain, Ethereum, and Solana,
The Block News Feed
Crypto equities surge as US inflation prints three-month cooling streak; ‘catch-up rally’ expected, analyst says
The Block
Crypto equities surge as US inflation prints three-month cooling streak; 'catch-up rally' expected, analyst says
Stocks related to blockchain and U.S. tech companies may play catch-up while BTC takes a breather before ATH as inflation softens.
The Block News Feed
BitGo to manage e-commerce firm Upexi’s growing Solana treasury worth over $100 million
The Block
BitGo to manage e-commerce firm Upexi’s growing Solana treasury worth over $100 million
Upexi has a $100 million investment commitment anchored by GSR to buy and stake as many SOL tokens as possible.
The Block News Feed
$670 million in short liquidations mark year’s largest wipeout, with altcoins driving weekend volatility
The Block
$670 million in short liquidations mark year's largest wipeout, with altcoins driving weekend volatility
The surge in short liquidations was driven by significant increases in the price of BTC, ETH, and altcoins amid talks between U.S. and China.
The Block News Feed
Paris police hunt armed suspects after attempted kidnapping of crypto entrepreneur’s daughter, grandchild
The Block
Paris police hunt armed suspects after attempted kidnapping of crypto entrepreneur's daughter, grandchild
The news marks the fifth known "wrench attack" in France since the start of the year amid a rising trend of physical threats.
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Thailand plans to offer a investment-grade crypto token to the public: Bloomberg
The Block
Thailand plans to offer an investment-grade crypto token to the public: Bloomberg
Earlier this year the prime minister's father said Thailand should consider "issuing stablecoins backed by government bonds."
The Block News Feed
Wyoming Stable Token Commission taps Inca Digital for state-backed WYST stablecoin money-laundering surveillance
The Block
Wyoming Stable Token Commission taps Inca Digital for state-backed WYST stablecoin money-laundering surveillance
The WYST stablecoin, approved for development under the Wyoming Stable Token Act passed in March 2023, is expected to launch in July.
The Block News Feed
Solana Name Service airdrops 40% of token supply after FIDA tokenomics deemed unsustainable
The Block
Solana Name Service airdrops 40% of token supply after FIDA tokenomics deemed unsustainable
The project is a "decentralized naming protocol" on the Solana blockchain, which is meant to streamline user interactions.
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The Daily: Coinbase’s S&P 500 inclusion could see $9B in passive inflows as stock jumps 25%, GD Culture plans $300M BTC and TRUMP buy, and more
The Block
The Daily: Coinbase's S&P 500 inclusion could see $9B in passive inflows as stock jumps 25%, GD Culture plans $300M BTC and TRUMP…
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The Block News Feed
London-based asset manager buys nearly $500 million worth of Ethereum in six days
The Block
London-based asset manager buys nearly $500 million worth of Ethereum in six days
ETH was changing hands at $2,614.33 as of 2:26 p.m., up about 6% on the day, according to The Block Price Page.
The Block News Feed
SEC seeks feedback for in-kind redemptions on BlackRock’s Bitcoin ETF, delays Solana and Dogecoin proposals
The Block
SEC seeks feedback for in-kind redemptions on BlackRock’s Bitcoin ETF, delays Solana and Dogecoin proposals
The SEC pushed back its deadline for whether to approve Nasdaq's proposal to allow in-kind redemptions for the IBIT ETF.
The Block News Feed
Republican Sens. Lummis and Moreno press US Treasury for guidance on crypto tax rules
The Block
Republican Sens. Lummis and Moreno press US Treasury for guidance on crypto tax rules
Sens. Cynthia Lummis and Bernie Moreno say a tax provision could have unintended consequences for companies holding digital assets.
The Block News Feed
Tether-backed Twenty One Capital purchases $458.7 million worth of bitcoin
The Block
Tether-backed Twenty One Capital purchases $458.7 million worth of bitcoin
Twenty One Capital, the bitcoin investment company backed by Cantor Fitzgerald, Tether and Softbank, has purchased 4,812 BTC.
The Block News Feed
Etoro prices Nasdaq debut at $52, surpassing expectations
The Block
Etoro prices Nasdaq debut at $52, surpassing expectations
The crypto and equities trading platform had previously targeted an initial public offering price range of $46 to $50 per share.
The Block News Feed
DeFi Development Corp adds 172,670 SOL, boosting total holdings over $100 million
The Block
DeFi Development Corp adds 172,670 SOL, boosting total holdings over $100 million
The Nasdaq-listed firm said it purchased 172,670 SOL, boosting its total holdings to 595,988 SOL, worth about $102.7 million.
The Block News Feed
Synthetix proposes $27 million token swap to acquire options protocol Derive
The Block
Synthetix proposes $27 million token swap to acquire options protocol Derive
Synthetix aims to integrate Derive's treasury and products — including options, perpetuals, and structured products — into its ecosystem.
The Block News Feed
US spot Bitcoin ETFs log $96 million in net outflows after hitting peak cumulative inflows
The Block
US spot Bitcoin ETFs log $96 million in net outflows after hitting peak cumulative inflows
The crypto market continued its rally, with Bitcoin rising 1.4% and Ethereum gaining 8.9% in the past 24 hours.
The Block News Feed
FalconX partners Standard Chartered to boost crypto offerings for institutional clients
The Block
FalconX partners with Standard Chartered to boost crypto offerings for institutional clients
FalconX plans to integrate Standard Chartered's banking infrastructure to improve cross-border settlements for global institutional clients.
The Block News Feed
Bernstein outlines three factors that drove Ethereum’s recent price surge
The Block
Bernstein outlines three factors that drove Ethereum’s recent price surge
Ethereum has generally underperformed this cycle, but has suddenly jumped 65% over the past 30 days and nearly 100% since its April lows.