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The Block News Feed
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The Block News Feed
Binance asks court to toss FTX’s $1.76 billion clawback lawsuit
The Block
Binance asks court to toss FTX’s $1.76 billion clawback lawsuit
Binance said FTX's plan to recover about $1.76 billion from the exchange tried to shift blame from Sam Bankman-Fried through on a "legally deficient" case.
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Core Scientific stock may ride CoreWeave’s wave amid progress on Texas site tied to OpenAI: Bernstein
The Block
Core Scientific stock may ride CoreWeave's wave amid progress on Texas site tied to OpenAI: Bernstein
With CoreWeave securing $15.9 billion from OpenAI and Core Scientific's related delivery pipeline, the stock should recover quickly, it said.
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Kraken expands derivatives trading to EU with Cypriot license acquisition
The Block
Kraken expands derivatives trading to EU with Cypriot license acquisition
The move marks the exchange’s latest European expansion, approximately a month and a half after launching its derivatives trading in the UK.
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Microsoft adds real-time blockchain data to Fabric through Space and Time integration
The Block
Microsoft adds real-time blockchain data to Fabric through Space and Time integration
Microsoft onboards its "first web3 data provider," Space & Time, providing developers access to Bitcoin, Ethereum and other blockchain data.
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Standard Chartered says sovereigns’ indirect bitcoin exposure via MSTR is growing, backing its $500,000 target
The Block
Standard Chartered says sovereigns' indirect bitcoin exposure via MSTR is growing, backing its $500,000 target
Government entities increased their MSTR holdings in Q1, including first-time buys by Saudi Arabia and France, Standard Chartered said.
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Binance Wallet sees $5 billion in daily swaps volume, leapfrogging rivals on early token access and airdrops: Dune data
The Block
Binance Wallet sees $5 billion in daily swaps volume, leapfrogging rivals on early token access and airdrops: Dune data
Binance Wallet outperformed competitors like Phantom and MetaMask in daily swaps amid growing interest in its "Alpha" category.
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Succinct introduces zkVM ‘SP1 Hypercube,’ claims real-time Ethereum proving
The Block
Succinct introduces zkVM ‘SP1 Hypercube,’ claims real-time Ethereum proving
Real-time proving is vital for Ethereum's roadmap, helping to scale the network without sacrificing decentralization.
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Bancor sues Uniswap for patent infringement over DEX smart contract tech
The Block
Bancor sues Uniswap for patent infringement over DEX smart contract tech
Bancor is seeking damages from Uniswap over alleged patent infringement tied to the popular CPAMM infrastructure for decentralized exchanges.
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‘Don’t sleep on the executive orders,’ analysts warn ahead of Trump’s memecoin gala and Vance’s Bitcoin 2025 keynote
The Block
'Don’t sleep on the executive orders,' analysts warn ahead of Trump's memecoin gala and Vance's Bitcoin 2025 keynote
The analysts suggest Trump's upcoming memecoin gala and Vance's Bitcoin 2025 keynote could present fresh crypto reserve information.
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Argentina president disbands unit probing LIBRA memecoin scandal days after judge orders bank records unsealed
The Block
Argentina president disbands unit probing LIBRA memecoin scandal days after judge orders bank records unsealed
Days after Argentine judge asks to see president's bank accounts the investigative unit has been disbanded.
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SEC Chair Atkins pressed on Trump memecoin, Justin Sun ties during congressional hearing
The Block
SEC Chair Atkins pressed on Trump memecoin, Justin Sun ties during congressional hearing
SEC Chair Paul Atkins fielded questions from lawmakers about President Trump-linked memecoin and connections to Justin Sun.
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The Daily: Crypto industry cheers ‘historic’ stablecoin bill progress, Microsoft adds real-time blockchain data to Fabric, and more
The Block
The Daily: Crypto industry cheers 'historic' stablecoin bill progress, Microsoft adds real-time blockchain data to Fabric, and…
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
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XRP futures generate $19 million in first-day trading on CME Group, outperforming Solana’s launch
The Block
XRP futures generate $19 million in first-day trading on CME Group, outperforming Solana's launch
CME Group launched XRP futures for trading earlier this week, generating more than $19 million in notional trading volume.
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Max Resnick, former Ethereum champion, specs out plan to transform Solana
The Block
Max Resnick, former Ethereum champion, specs out plan to transform Solana
Resnick outlined part of the "Alpenglow" remodel that could help make the "decentralized Nasdaq" a reality.
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Blackstone finally bets on Bitcoin — but just barely
The Block
Blackstone finally bets on Bitcoin — but just barely
With over $1 trillion in assets under management the firm's investment in a spot Bitcoin ETF is mostly notable because of how small it is.
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Starting with spot, but then what? OKX is looking to rebuild its ‘super app’ in the US, CEO Roshan Robert says
The Block
Starting with spot, but then what? OKX is looking to rebuild its ‘super app’ in the US, CEO Roshan Robert says
“Our long-term vision, of course, is to become a category-defining super app. And we plan to slowly work towards that goal,” Robert said.
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SEC delays decisions on XRP and Dogecoin ETF proposals, asks for public input
The Block
SEC delays decisions on XRP and Dogecoin ETF proposals, asks for public input
The SEC pushed back deadlines for a few proposals on whether to approve exchange-traded funds tracking XRP and Dogecoin.
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Ethereum DEX trader activity surges 73% this month, led by Uniswap’s continued dominance
The Block
Ethereum DEX trader activity surges 73% this month, led by Uniswap’s continued dominance
A disconnect between trader count and volume suggests the return is primarily driven by smaller retail participants.
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SEC charges crypto project Unicoin, executives with $100 million fraud offering
The Block
SEC charges crypto project Unicoin, executives with $100 million fraud offering
Unicoin claimed to have sold over $3 billion worth of certificates, when in fact it raised no more than $110 million, the SEC said.
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South Korea mandates stricter crypto AML, KYC for upcoming institutional ban lift
The Block
South Korea mandates stricter crypto AML, KYC for upcoming institutional ban lift
Non-profit organizations and crypto exchanges will be able to sell their crypto starting next month, marking a first for the country.