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The Block News Feed
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The Block News Feed
DeFi ‘dominance’ hits a three-year low
The Block
DeFi 'dominance' hits a three-year low
Following last week's sell-off and subsequent relief bounce, the DeFi index dropped from 3.82% to a low of 2.84% on Friday.
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The Block News Feed
Betting marketplace Polymarket and AI search engine Perplexity partner on info-sharing deal
The Block
Betting marketplace Polymarket and AI search engine Perplexity partner on info-sharing deal
The tie-up signals the growing role of prediction markets in how people consume and understand real-world events.
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The Daily: SEC charges NovaTech, Ethereum whale continues ETH deposit spree, Marathon Digital to buy more bitcoin
The Block
The Daily: SEC charges NovaTech, Ethereum whale continues ETH deposit spree, Marathon Digital to buy more bitcoin
A look at the SEC charging NovaTech for alleged crypto fraud totaling $650 million, Harris overtaking Trump on Polymarket and much more.
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Detained Binance executive Tigran Gambaryan’s family calls for release, says he is ‘mostly bedridden’ as health worsens
The Block
Detained Binance executive Tigran Gambaryan's family calls for release, says he is 'mostly bedridden' as health worsens
Binance executive Tigran Gambaryan's health is quickly declining and is "mostly bedridden," according to a statement released on Monday.
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Polymarket’s open interest falls off a cliff
The Block
Polymarket’s open interest falls off a cliff
Several factors contributed to the sudden drop in Polymarket's OI, the most probable reason could be the broader market downturn on Monday.
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Trump-centric memecoins trade higher heading into Musk interview on X
The Block
Trump-centric memecoins trade higher heading into Musk interview on X
Ahead of Monday night's event, several Trump-centric memecoins in the PolitiFi sector have traded higher over the past 24 hours.
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Coinbase calls for SEC to rethink rule on decentralized exchanges, calling it ‘irrational’
The Block
Coinbase calls for SEC to rethink rule on decentralized exchanges, calling it 'irrational'
The U.S. SEC should withdraw its rule proposal that would loop in decentralized exchanges and start over, Coinbase's Paul Grewal argued.
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The Block News Feed
Spot Ethereum ETFs see $4.9 million in inflows, Grayscale’s ETHE ends 14-day outflow streak
The Block
Spot Ethereum ETFs see $4.9 million in inflows, Grayscale’s ETHE ends 14-day outflow streak
Grayscale’s ETHE recorded zero flows on Monday after 14 consecutive days of net outflows since its conversion into a spot ether ETF.
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The Block News Feed
Uniswap’s cumulative front-end revenue surpasses $50 million
The Block
Uniswap Labs' cumulative front-end revenue surpasses $50 million
The cumulative front-end fees earned by Uniswap Labs has surpassed $50 million, increasing over thirteenfold year-to-date.
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The Block News Feed
Bitcoin miner Bitdeer’s stock slips 3.5% after reporting net loss in Q2
The Block
Bitcoin miner Bitdeer’s stock slips 3.5% after reporting net loss in Q2
The Nasdaq-listed firm reported a net loss of $17.7 million in the second quarter, compared to $40.4 million in the same period last year.
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Singapore’s biggest bank DBS rolls out blockchain-powered ‘treasury tokens’ pilot
The Block
Singapore’s biggest bank DBS rolls out blockchain-powered ‘treasury tokens’ pilot
DBS Bank’s initiative aims to help Ant International with more efficient multi-currency treasury and liquidity management.
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PayPal’s PYUSD stablecoin on Solana surpasses its supply on Ethereum
The Block
PayPal's PYUSD stablecoin on Solana surpasses its supply on Ethereum
The PYUSD stablecoin on Solana has a supply of 377 million, while Ethereum-based PYUSD stands at 356 million.
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Japan’s Metaplanet buys $3.3 million more in bitcoin, raising holdings to 303 BTC
The Block
Japan’s Metaplanet buys $3.3 million more in bitcoin, raising holdings to 303 BTC
The Tokyo-listed firm announced today another purchase of 57.1 bitcoin after securing a $6.8 million loan last week.
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The Block News Feed
Polymarket users bet $5 million on what Trump would say during his X space with Elon Musk
The Block
Polymarket users bet $5 million on what Trump would say during his X space with Elon Musk
Those who speculated Trump would say the word "tampon" saw the value of their bets rise as much as 14 times.
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Runes protocol struggles with fee revenue as Bitcoin’s conservative framework limits growth
The Block
Runes protocol struggles with fee revenue as Bitcoin's conservative framework limits growth
The protocol's decline can be attributed partly to broader market conditions but also to the inherent limitations of Bitcoin's infrastructure.
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Hedera taps crypto custodian Copper to expand institutional access to HBAR tokens
The Block
Hedera taps crypto custodian Copper to expand institutional access to HBAR tokens
The custodian, chaired by former U.K. Chancellor Philip Hammond, provides platforms to increase liquidity and access to DeFi.
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The Block News Feed
Intent-centric Ethereum L2 Essential raises $11 million in Series A funding
The Block
Intent-centric Ethereum L2 Essential raises $11 million in Series A funding
Intent-centric Ethereum Layer 2 Essential has raised $11 million in a Series A funding round structured as equity with token warrants.
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Bitfarms co-founder Nicolas Bonta steps down from board
The Block
Bitfarms co-founder Nicolas Bonta steps down from board
CEO Ben Gagnon has been appointed to the Bitfarms board of directors as the company's co-founder Nicolas Bonta steps down.
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Bitcoin miner Hut 8 sees 72% jump in revenue, but $71.9 million net loss in Q2
The Block
Bitcoin miner Hut 8 sees 72% jump in revenue, but $71.9 million net loss in Q2
The publicly traded bitcoin miner is seeing growing revenues from its high-performance computing business line post-halving.
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Grayscale’s latest fund for qualified investors tracks MakerDAO’s MKR token
The Block
Grayscale's latest fund for qualified investors tracks MakerDAO’s MKR token
Grayscale, the world’s largest crypto asset manager, now operates at least 17 single-asset crypto investment products.
The Block News Feed
Coinbase to offer cryptocurrency services in Hawaii
The Block
Coinbase to offer cryptocurrency services in Hawaii
Coinbase initially pulled out of Hawaii in 2017 due to the state's strict cryptocurrency regulatory framework.
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