The Block
@TheBlock__
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The first and final word in digital assets | Hire the best talent in crypto with our recruiting tool Campus: https://t.co/5EDYopq95g
New York, NY
Joined February 2018
White House crypto council head Bo Hines to step down, return to private sector: Report
theblock.co
Hines will be replaced by his current deputy, Patrick Witt, also a former college football player and GOP congressional candidate.
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Trump-affiliated World Liberty Financial seeking $1.5 billion for WLFI treasury company: Reports
theblock.co
A WLFI treasury company would join treasury companies holding tokens like bitcoin, Ethereum, Solana, Hyperliquid, and a growing suite of others.
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Harvard had more money in BlackRock's Bitcoin ETF than Google shares at end of last quarter
theblock.co
The university's holding in BlackRock's highly-successful Bitcoin fund ranked as its fifth largest investment.
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How Ripple's years-long SEC lawsuit coming to an end affects, or doesn't, the XRP ETF race
theblock.co
The close of Ripple's years-long lawsuit signaled the potential for big firms such as BlackRock to try their hand at proposing a spot XRP ETF.
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The Daily: Ripple and SEC end legal battle as XRP price jumps, Jack Dorsey's Block hits $1 billion in bitcoin holdings, and more
theblock.co
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
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Coinbase launches DEX trading for US users amid volume decline
theblock.co
Users will be able to trade on DEXes such as Aerodrome and Uniswap without having to leave the Coinbase app.
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Bitcoin miner Terawulf's net losses continue to rise as it invests deeper in high-performance computing
theblock.co
Terawulf saw its net losses expand to over $79 million in the first six months of the year, according to its latest financial report.
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First 2x leveraged ETF tracking Galaxy Digital launched by REX Shares and Tuttle Capital
theblock.co
The fund is one of 25 "T-REX" leveraged single-stock ETFs tracking popular companies like Apple, Nvidia, and Strategy.
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ETH price taps $4,000 for the first time in 8 months amid rapid Ethereum treasury accumulation and rising ETF inflows
theblock.co
The move comes amid rapid accumulation by Ethereum treasury companies and increasing ETF inflows in recent weeks.
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Ethereum Foundation co-director warns 'Fusaka' upgrade risks slipping, urges teams to dial back ‘Glamsterdam’ talk
theblock.co
EF's Stanczak warns that Ethereum's Fusaka’s Q4 timeline is at risk, urging developers to pause Glamsterdam planning and prioritize the latest upgrade.
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Dogwifhat original pink beanie sells to memecoin launchpad founder for $800K — far less than $4.3M iconic photo NFT sale
theblock.co
The physical hat associated with the iconic photo of Achi, the dog behind the Dogwifhat memecoin, sold via auction on Ord City for 6.8 BTC.
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CrediX team vanishes after $4.5 million exploit, deletes socials and takes website offline
theblock.co
CrediX team appears to have executed an exit scam following a $4.5 million exploit, with the project’s X account inactive and website offline.
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Core Scientific’s largest active shareholder opposes $9 billion sale to CoreWeave, citing material undervaluation of bitcoin miner
theblock.co
Two Seas Capital described the valuation as "inadequate" and urged other Core Scientific shareholders to also oppose the deal.
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Crypto markets edge higher as ETF inflows return; policy updates and Ripple case closure add tailwinds
theblock.co
Crypto bulls are eyeing $120,000 for BTC and $4,000 for ETH after this week delivered bullish cues across ETF flows and macro, an analyst says.
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Beijing moves to curb stablecoin hype even as Hong Kong advances issuer regime
theblock.co
China orders brokers and research groups to halt promoting stablecoins, including canceling seminars and reports, as Beijing's skepticism persists.
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Binance is working with banking giant BBVA to enable its customers to hold assets off-exchange: report
theblock.co
The move comes amid growing demand for enhanced security and efficient trading, with other crypto exchanges exploring similar solutions.
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Ethereum Foundation pledges to match up to $500,000 in donations backing Roman Storm’s legal fight
theblock.co
Earlier this week, a New York jury found Storm guilty of operating an unlicensed money transmission business, a verdict he is preparing to appeal.
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unveils ‘Glass Full Foundation’ to support liquidity for ecosystem memecoins
theblock.co
Pump.fun announced the launch of Glass Full Foundation that will support projects on the platform by injecting liquidity.
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Animoca Brands, Standard Chartered's joint venture initiates stablecoin licensing process in Hong Kong
theblock.co
Animoca Brands, Standard Chartered, and HKT have officially announced their joint venture, Anchorpoint Financial.
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