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The Block News Feed
Bitcoin whale wakes after seven years, rotates holdings into $270 million worth of ETH
The Block
Bitcoin whale wakes after seven years, rotates holdings into $270 million worth of ETH
Lookonchain said this move may be part of a broader strategy by the same individual or entity controlling multiple wallets.
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The Block News Feed
Taiwan prosecutors charge 14 suspects in $41 million BitShine crypto fraud: reports
The Block
Taiwan prosecutors charge 14 suspects in $41 million BitShine crypto fraud: reports
The suspects allegedly operated under the guise of BitShine, which had passed Financial Supervisory Commission checks.
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Kraken deploys distributed validator tech across its Ethereum staking infrastructure using SSV Network
The Block
Kraken deploys distributed validator tech across its Ethereum staking infrastructure using SSV Network
Kraken becomes the first major crypto exchange to fully deploy distributed validator technology for Ethereum staking with SSV Network.
The Block News Feed
Plasma’s XPL token trades above $4.5 billion fully diluted valuation in pre-markets
The Block
Plasma’s XPL token trades above $4.5 billion fully diluted valuation in pre-markets
Plasma’s XPL token began trading on pre-market venues, with Hyperliquid launching leveraged “hyperps” and Binance opening order books.
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Ethena greenlights BNB for USDe backing under new framework, signals possible XRP and HYPE onboarding
The Block
Ethena greenlights BNB for USDe backing under new framework, signals possible XRP and HYPE onboarding
Ethena approved BNB as eligible collateral for the perpetual-futures portion of USDe’s backing, hinting that XRP and HYPE may be next in line.
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The Block News Feed
SharpLink shares rise 10% as Ethereum treasury firm authorizes $1.5 billion stock buyback
The Block
SharpLink shares rise 10% as Ethereum treasury firm authorizes $1.5 billion stock buyback
SharpLink Gaming authorized a $1.5 billion stock buyback to cushion its NAV as the ETH treasury firm continues aggressive accumulation.
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Crypto bust in Africa leads to 1,200 arrests including Chinese nationals: Interpol
The Block
Crypto bust in Africa leads to 1,200 arrests including Chinese nationals: Interpol
In Zambia, a group allegedly lured victims into a crypto investment scheme that led to $300 million in losses.
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The Block News Feed
VanEck proposes JitoSOL ETF, signaling new chapter in potential crypto staking funds
The Block
VanEck proposes JitoSOL ETF, signaling new chapter in potential crypto staking funds
A JitoSOL exchange-traded fund has joined the race for the U.S. Securities and Exchange Commission's approval.
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Ethereum, Solana lead crypto market surge after Fed Chair Powell hints rate cut could come soon
The Block
Ethereum, Solana lead crypto market surge after Fed Chair Powell hints rate cut could come soon
Markets across the board traded sharply higher on Friday following Jerome Powell's dovish speech at Jackson Hole.
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The Block News Feed
First buyer of Kanye West crypto token YZY previously made $100 million trading $TRUMP: Bubblemaps
The Block
First buyer of Kanye West crypto token YZY previously made $100 million trading TRUMP: Bubblemaps
An experienced memecoin sniper appears to be the first to buy Kanye West's recently-launched YZY token, according to Bubblemaps.
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The Block News Feed
Bitcoin treasuries’ chances of big returns likely fading, says Ledn CEO
The Block
Bitcoin treasuries' chances of big returns likely fading, says Ledn CEO
Reeds is a fan of Bitcoin treasury companies, but believes the window for attaining massive returns may have closed.
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The Block News Feed
Veteran IRS official Trish Turner steps down to join crypto tax firm
The Block
Veteran IRS official Trish Turner steps down to join crypto tax firm
The Internal Revenue Service's top cryptocurrency lead left the tax agency as new changes are set to come into force next year.
The Block News Feed
Ethereum hits fresh all-time high amid wider market rally after Fed Chair Powell hints at rate cut
The Block
Ethereum hits fresh all-time high amid wider market rally after Fed Chair Powell hints at rate cut
The price of ETH, Ethereum's native token, set its previous all-time high of around $4,878 in November 2021.
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The Block News Feed
The Daily: Ether, Solana, Dogecoin lead crypto rally, Bitcoin whale rotates into ETH, VanEck files JitoSOL ETF, and more
The Block
The Daily: Ether, Solana, Dogecoin lead crypto rally, Bitcoin whale rotates into ETH, VanEck files JitoSOL ETF, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The Block News Feed
‘Very good sign’: Grayscale, Bitwise, and more file amendments for spot XRP ETF proposals
The Block
'Very good sign': Grayscale, Bitwise, and more file amendments for spot XRP ETF proposals
The cluster of filings was taken as a sign by some analysts that the asset managers are responding to feedback from the SEC.
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The Block News Feed
World Liberty perpetuals’ debut implies $40 billion FDV ahead of 20% unlock on Sept. 1
The Block
World Liberty perpetuals' debut implies $40 billion FDV ahead of first unlock on Sept. 1
If spot prices match the current futures prices, Trump's personal stake in the project would be worth over $6 billion.
The Block News Feed
Japan eyes 20% flat tax for crypto trades, path to ETF offering with tax code revision: report
The Block
Japan eyes 20% flat tax for crypto trades, path to ETF offering with tax code revision: report
The shift comes as Japan also plans to approve the first official yen-denominated stablecoin, JPYC, in the fall.
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The Block News Feed
Newcomer launchpad Heaven nears $350 million in volume as team pledges one-year token lockup
The Block
Newcomer launchpad Heaven nears $350 million in volume as team pledges one-year token lockup
The launchpad's first-week revenue quickly established Heaven as a significant competitor to Pump.fun.
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The Block News Feed
Stargate DAO approves LayerZero acquisition, despite last-minute interest from Wormhole, Axelar, and Across
The Block
Stargate DAO approves LayerZero acquisition, despite last-minute interest from Wormhole, Axelar, and Across
Wormhole had extended a $120 million cash offer for Stargate, but Stargate's DAO declined to interrupt the ongoing LayerZero acquisition vote.
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The Block News Feed
Telegram’s Pavel Durov reflects on French criminal case one year after arrest: ‘Legally and logically absurd’
The Block
Telegram's Pavel Durov reflects on French criminal case one year after arrest: 'Legally and logically absurd'
Durov may only leave France for Dubai, where Telegram is headquartered and Durov's family lives, for up to two weeks at a time.
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The Block News Feed
The Funding: Why raising a crypto VC fund is harder now — even in a bull market
The Block
The Funding: Why raising a crypto VC fund is harder now — even in a bull market
In this edition, I’m digging into why raising a crypto VC fund has gotten harder — even in a bull market — and what that means for the road ahead.