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The Block News Feed
Ethereum Foundation launches ‘Trillion Dollar Security’ initiative to upgrade blockchain resilience
The Block
Ethereum Foundation launches 'Trillion Dollar Security' initiative to upgrade blockchain resilience
The Ethereum Foundation's “Trillion Dollar Security” program aims to bolster the network to securely support global-scale activity.
The Block News Feed
JPMorgan, Chainlink and Ondo Finance test cross-chain settlement of tokenized treasury fund
The Block
JPMorgan, Chainlink and Ondo Finance test cross-chain settlement of tokenized treasury fund
JPMorgan's blockchain unit Kinexys, Chainlink and Ondo Finance teamed up to test cross-chain settlement of a tokenized U.S. Treasuries fund.
The Block News Feed
The Daily: What’s fueling ETH’s price rally, Ethereum Foundation launches ‘Trillion Dollar Security’ initiative, and more
The Block
The Daily: What's fueling ETH's price rally, Ethereum Foundation launches 'Trillion Dollar Security' initiative, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The Block News Feed
Robinhood’s $179 million WonderFi deal could boost revenue by 10%, analyst says
The Block
Robinhood's $179 million WonderFi deal could boost revenue by 10%, analyst says
Robinhood generated $141 billion in crypto trading volumes in 2024, while WonderFi generated trading volume of around $2.5 billion.
The Block News Feed
Bitcoin dominance slips in three-day feedback loop, raising odds of short-term altcoin rotation
The Block
Bitcoin dominance slips in three-day feedback loop, raising odds of short-term altcoin rotation
BTC.D measures the market cap of Bitcoin, using the current Bitcoin price relative to the total market capitalization of all crypto assets.
The Block News Feed
Democrats ask Treasury for ‘suspicious activity reports’ on Trump crypto ventures, mention Justin Sun
The Block
Democrats ask Treasury for 'suspicious activity reports' on Trump crypto ventures, mention Justin Sun
Financial institutions file SARs when detecting activity potentially connected to money laundering or fraud.
The Block News Feed
Morgan Stanley head of digital asset markets Andrew Peel steps down to launch tokenization startup in Switzerland
The Block
Morgan Stanley head of digital asset markets Andrew Peel steps down to launch tokenization startup in Switzerland
The former banker Andrew Peel is currently on gardening leave with plans to launch a real-world asset statup in Zug, Switzerland.
The Block News Feed
Polymarket’s new market creation hits all-time high in April as volume stabilizes
The Block News Feed
eToro debuts on Nasdaq with 29% surge after upsized IPO pricing
The Block
eToro debuts on Nasdaq with 29% surge after upsized IPO pricing
The day before eToro's IPO the company said it saw "upsized" pricing of its stock at $52 per share.
The Block News Feed
MetaMask co-founder Dan Finlay says token is still a ‘maybe’
The Block
MetaMask co-founder Dan Finlay says token is still a 'maybe'
“If we ever do it, it'll be advertised directly in the wallet. You'll be able to find a link directly in the wallet,” Finlay said on Wednesday.
The Block News Feed
Blockchain firm BTCS pursues $57.8 million raise to buy ETH at its ‘critical inflection point’
The Block
Blockchain firm BTCS pursues $57.8 million raise to buy ETH at its 'critical inflection point'
The blockchain infrastructure firm described ETH as a 'foundational' crypto asset and a core part of its revenue generation strategy.
The Block News Feed
World’s largest illicit online marketplace Haowang shuts down after Telegram intervention
The Block
World's largest illicit online marketplace Haowang shuts down after Telegram intervention
Blockchain analytics firm Elliptic said Haowang processed over $27 billion in USDT transactions that facilitated illegal cyber activities.
The Block News Feed
Smart wallet adoption surges with over 11,000 EIP-7702 authorizations on Ethereum within a week of Pectra upgrade
The Block
Smart wallet adoption surges with over 11,000 EIP-7702 authorizations on Ethereum within a week of Pectra upgrade
Over 11,000 EIP-7702 authorizations occurred within a week of Pectra's launch, indicating healthy uptake by wallets and dapps.
The Block News Feed
US Senate could vote on revised stablecoin bill by Memorial Day, senators predict
The Block
US Senate could vote on revised stablecoin bill by Memorial Day, senators predict
Sen. Cynthia Lummis said it's a 'fair target' to have the senate vote on the stablecoin bill, dubbed GENIUS Act, by Memorial Day.
The Block News Feed
Sonic Labs secures court order to liquidate Multichain Foundation to recoup losses from $210 million exploit
The Block
Sonic Labs secures court order to liquidate Multichain Foundation to recoup losses from $210 million exploit
Multichain Foundation was hacked for over $210 million in 2023, where Sonic Labs sustained damages of around one-third of total losses.
The Block News Feed
Cathie Wood’s Ark Invest buys $9.4 million worth of eToro shares on Nasdaq debut, sells $7.9 million of its own Bitcoin ETF
The Block
Cathie Wood's Ark Invest buys $9.4 million worth of eToro shares on Nasdaq debut, sells $7.9 million of its own Bitcoin ETF
Ark also bought $7.6 million of 3IQ's Solana staking ETF and sold shares in Jack Dorsey's Block as it rebalanced its fund weightings.
The Block News Feed
Coinbase offers $20 million bounty on data thieves who tried to extort exchange
The Block
Coinbase offers $20 million bounty on data thieves who tried to extort exchange
Data thieves demanded $20 million from Coinbase to not publish stolen customer data. The company has now offered the same amount bountry on the extorters.
The Block News Feed
Wintermute expands to NYC and taps policy veteran Ron Hammond amid a friendlier regulatory shift in the US
The Block
Wintermute expands to NYC and taps policy veteran Ron Hammond amid a friendlier regulatory shift in the US
Wintermute is expanding to New York City, tapping policy veteran Ron Hammond as it positions itself in a favorable regulatory environment.
The Block News Feed
Coinbase estimates $180M to $400M in costs tied to customer data breach: filing
The Block
Coinbase estimates $180M to $400M in costs tied to customer data breach: filing
Coinbase confirmed that cyber criminals bribed some of its offshore customer service representatives to obtain user data.
The Block News Feed
JPMorgan says bitcoin likely to have more upside than gold in H2 2025
The Block
JPMorgan says bitcoin likely to have more upside than gold in H2 2025
Bitcoin could keep rising at gold’s expense in the second half of the year, boosted by corporate buying and growing support from U.S. states, according to JPMorgan analysts.