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The Block

The Block is a crypto news publisher. This page aggregates all articles ingested into COINOTAG. Visit the original source via the link below.

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· The Block Editorial

Ethereum’s onchain conviction grows as staked ETH rises, even as price underperforms

A contracting float against any meaningful demand recovery has historically been a constructive setup for price.

· The Block Editorial

Ohio man sentenced to 9 years for running $10 million crypto Ponzi scheme

The CFTC filed an enforcement action against Rathnakishore Giri in August 2022 for running the fraudulent investment scheme.

· The Block Editorial

Ostium's onchain perpetuals exchange to be 'powered' by Nasdaq data

Ostium says this tie-up makes it the "first onchain trading venue to offer equity perpetual products powered by Nasdaq data."

· The Block Editorial

Zerohash secures first EMI license under MiCA for stablecoin and brokerage services in Europe

Zerohash Europe is the first firm licensed under Europe’s flagship MiCA crypto regulation to also hold full EMI status.

· The Block Editorial

Galaxy scores New York BitLicense to offer digital asset services in the state

Mike Novogratz' Galaxy Digital said the approval expands its regulatory footprint to more than 50 licenses worldwide.

· The Block Editorial

Revolut unveils first physical crypto card as industry-wide card usage grows

The card will be usable anywhere Visa and Mastercard are accepted, and will first roll out firm in the UK and EEA.

· The Block Editorial

Two more Ethereum Foundation researchers resign amid wave of departures

Carl Beek and Julian Ma announced they were leaving the Ethereum Foundation on Monday, the latest employees to publicly resign.

· The Block Editorial

Bitwise to add HYPE to balance sheet using fees from Hyperliquid ETF

Hyperliquid now regularly beats out Ethereum and Solana in weekly blockchain fee generation, driven largely by perpetual futures.

· The Block Editorial

Kraken co-CEO says exchange revenue, up 3% to $507 million, is a 'more resilient' mix amid spending spree

Payward filed confidentially for an IPO in November, but may be delaying plans amid a fluctuating valuation and uncertain market.

· The Block Editorial

Tether invests in remittance fintech LemFi to expand USDT settlement across Africa and Asia

Founded in 2021, LemFi says it has over 1 million customers and is backed by Y-Combinator, with $85 million raised.

· The Block Editorial

Standard Chartered to absorb Zodia Custody's crypto business into its own operations: Bloomberg

Standard Chartered has agreed to acquire Zodia Custody's crypto business to fold into its own digital asset operations, per Bloomberg.

· The Block Editorial

HIVE stock rallies 35% after unveiling 320MW 'AI gigafactory' project in Toronto

Hive Digital Executive Chair Frank Holmes said the facility could eventually support more than 100,000 GPUs.

· The Block Editorial

Bitmine lifts ether treasury to 5.28 million ETH as total holdings top $12 billion

Bitmine lifted its ether treasury to 5.28 million ETH, or 4.37% of supply, as total crypto and cash holdings reached $12.6 billion.

· The Block Editorial

Weekly crypto ETP outflows top $1B, ending six-week positive streak amid Iran-linked risk-off: CoinShares

Crypto funds ended a six-week inflow streak as Iran-linked geopolitical risk weighed on bitcoin amid major U.S. withdrawals.

· The Block Editorial

'Big dot energy': Michael Saylor's Strategy buys another 24,869 BTC for $2 billion as total holdings top 4% of bitcoin supply

Strategy's total holdings account for over 4% of the 21 million bitcoin supply cap — worth around $65 billion.

· The Block Editorial

Standard Chartered projects $4T in tokenized assets by end-2028, with DeFi protocols primary beneficiaries

Standard Chartered projects $4 trillion in tokenized assets by the end of 2028, with DeFi protocols positioned to benefit most.

· The Block Editorial

AEON raises $8 million led by YZi Labs to build settlement layer for AI agents

With the new funding, AEON said it aims to build a settlement layer designed to support AI agent-to-agent interactions.

· The Block Editorial

Bank of England, FCA launch consultation on tokenized UK wholesale markets

UK regulators seek industry feedback on tokenized securities, collateral, and settlement infrastructure with a July 3 deadline.

· The Block Editorial

Bernstein says Clarity Act yield compromise cements Circle's edge amid record stablecoin supply

Bernstein analysts said the Senate Clarity Act markup and yield compromise strengthen Circle's model as dollar stablecoin supply grows.

· The Block Editorial

Iran-linked report says Hormuz Safe bitcoin-settled insurance platform aims to generate $10 billion

Iranian media reported the launch of Hormuz Safe, a bitcoin-settled insurance platform tied to Strait of Hormuz cargo transit.

· The Block Editorial

French BTC treasury firm Capital B buys $15 million in bitcoin following raise

Capital B said it raised a total of $20 million from three capital increase contracts, involving Blockstream CEO Adam Back.

· The Block Editorial

US crypto ATM operator Bitcoin Depot files for Chapter 11 to wind down business

Bitcoin Depot said changing regulatory environments have made it difficult to continue its current business model.

· The Block Editorial

What are Real-World Assets (RWAs)?

RWAs are bringing billions of dollars in value onchain. Learn about the different categories of this new digital asset class.

· The Block Editorial

Bitcoin drops below $77,000 on Trump's Iran threat, renewed inflation fears: analysts

Investors are concerned that high oil prices could fuel inflation to the point where the Fed may raise interest rates, analysts say.