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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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Hyperliquid's HYPE overtakes Solana in price as SOL falls to lowest levels since 2023
· The Block Editorial

Hyperliquid's HYPE overtakes Solana in price as SOL falls to lowest levels since 2023

Hyperliquid's market capitalization has climbed to over $16 billion, but still well behind Solana's $42 billion.

Crypto VC deal count slumps to five-year low as investors grow more selective
· The Block Editorial

Crypto VC deal count slumps to five-year low as investors grow more selective

Monthly venture deal count in crypto fell to roughly 50 deals in May, a level not seen since before 2021.

EdgeX offers refunds and launches 200,000 USDC bounty after 71% token flash crash
· The Block Editorial

EdgeX offers refunds and launches 200,000 USDC bounty after 71% token flash crash

EdgeX says that 174 addresses flooded a PancakeSwap pool with EDGE token sell orders during a period of low liquidity.

Hyperliquid hits record share of global perps market as HIP-3 tops $62 billion monthly volume
· The Block Editorial

Hyperliquid hits record share of global perps market as HIP-3 tops $62 billion monthly volume

Despite the bullish sentiment on HIP-3, Hyperliquid's pure crypto volumes are down significantly year over year.

Bessent backs summer push for Clarity Act, says bitcoin reserve moving at 'deliberate speed'
· The Block Editorial

Bessent backs summer push for Clarity Act, says bitcoin reserve moving at 'deliberate speed'

Treasury Secretary Scott Bessent said the department is moving at a "deliberate speed" to establish a strategic bitcoin reserve.

Solayer rolls out Solana-native onchain perps trading platform Margin Trade mainnet
· The Block Editorial

Solayer rolls out Solana-native onchain perps trading platform Margin Trade mainnet

Margin Trade enables trading of crypto, commodities, and equities via a single margin account on Solana, tapping the SVM chain Solayer.

Sen. Lummis says JPMorgan CEO Jamie Dimon hasn't read Clarity Act, calls remarks 'distasteful'
· The Block Editorial

Sen. Lummis says JPMorgan CEO Jamie Dimon hasn't read Clarity Act, calls remarks 'distasteful'

Republican Senator Lummis said the JPMorgan CEO "either hasn't read" the Clarity Act "or he wants to mislead people."

Revolut’s US bank to offer stablecoin services alongside FDIC-insured products: Reuters
· The Block Editorial

Revolut’s US bank to offer stablecoin services alongside FDIC-insured products: Reuters

Revolut U.S. CEO Cetin Duransoy told Reuters the company plans to offer access to stablecoins in the United States.

Crypto industry launches PAC focused on software developer safeguards as elections near
· The Block Editorial

Crypto industry launches PAC focused on software developer safeguards as elections near

A new cryptocurrency-focused PAC has emerged, this time with an exclusive focus on software developers as midterm elections quickly approach.

Tether launching tokenized gold Visa card with XAUT rewards
· The Block Editorial

Tether launching tokenized gold Visa card with XAUT rewards

The card will operate on the Visa network, enabling users to spend fiat at merchant stores worldwide where Visa cards are accepted.

IREN plants flag in Australia with its first data center campus to serve Asia-Pacific AI demand
· The Block Editorial

IREN plants flag in Australia with its first data center campus to serve Asia-Pacific AI demand

The announcement comes days after IREN secured $3.65 billion in financing to support its Microsoft AI contract.

Variant raises $222 million fund targeting early stage crypto, AI startups that expand 'autonomy'
· The Block Editorial

Variant raises $222 million fund targeting early stage crypto, AI startups that expand 'autonomy'

Variant founder Jesse Walden said the firm is targeting firms that expand autonomy, including in permissionless and agentic finance sectors.

House of Lords committee urges UK regulators to ease stablecoin rules that could stifle market growth
· The Block Editorial

House of Lords committee urges UK regulators to ease stablecoin rules that could stifle market growth

A UK House of Lords committee warned that Britain lags the U.S. and the EU on stablecoins, calling on the BoE and FCA to revise rules.

Kraken to offer tokenized US IPO access for global retail investors via xStocks
· The Block Editorial

Kraken to offer tokenized US IPO access for global retail investors via xStocks

Expected in the coming weeks, customers of Kraken and select xStocks partners can register interest in U.S.-listed IPOs before going public.

Ledger researchers find flaw in chip used by Trezor Safe 7; Trezor says user funds safe
· The Block Editorial

Ledger researchers find flaw in chip used by Trezor Safe 7; Trezor says user funds safe

Ledger's Donjon team found a laser-based hardware flaw in the TROPIC01 chip used in the Trezor Safe 7, but Trezor says no funds are at risk.

Grayscale gets behind the hype, launching its HYPG Hyperliquid ETF on Nasdaq
· The Block Editorial

Grayscale gets behind the hype, launching its HYPG Hyperliquid ETF on Nasdaq

Grayscale entered the ring with its own Hyperliquid linked ETF, setting a new low for fees as competition intensifies among firms.

DOJ, CFTC probe George Santos over Kalshi trades tied to State of the Union appearance: report
· The Block Editorial

DOJ, CFTC probe George Santos over Kalshi trades tied to State of the Union appearance: report

DOJ and CFTC are investigating George Santos after Kalshi flagged trades where he allegedly bet against his own State of the Union attendance.

Binance winds down centralized NFT service, gives users one month to withdraw assets
· The Block Editorial

Binance winds down centralized NFT service, gives users one month to withdraw assets

Binance is closing its centralized NFT service on July 3, 2026, requiring users to withdraw transferable NFTs or lose access.

UK regulator warns soccer clubs over sponsorship deals with unauthorized crypto firms
· The Block Editorial

UK regulator warns soccer clubs over sponsorship deals with unauthorized crypto firms

The FCA instructed clubs to ensure they understand the source of sponsorship funds and assess financial crime and reputational risks.

Mastercard expands stablecoin settlement options with USDC, PYUSD and RLUSD
· The Block Editorial

Mastercard expands stablecoin settlement options with USDC, PYUSD and RLUSD

Mastercard expanded settlement to USDC, PYUSD, and RLUSD, enabling intraday, weekend, and holiday card settlement across its payments network.

Cardano's Charles Hoskinson warns of 'wave of failures' after TapTools wind-down
· The Block Editorial

Cardano's Charles Hoskinson warns of 'wave of failures' after TapTools wind-down

TapTools is set to wind down after leadership exits as Charles Hoskinson warns of a wave of Cardano ecosystem failures ahead.

Bitcoin briefly dips below $66,000 as ETF outflows, geopolitical fears weigh on crypto
· The Block Editorial

Bitcoin briefly dips below $66,000 as ETF outflows, geopolitical fears weigh on crypto

Analysts said the market continues to assess geopolitical uncertainty alongside Strategy's recent bitcoin sale.

Blockchain Association urges Senate to pass Clarity Act with letter from 160 former security officials
· The Block Editorial

Blockchain Association urges Senate to pass Clarity Act with letter from 160 former security officials

The Blockchain Association is also set to organize a virtual town hall on Thursday to discuss the legislation.

US sanctions Nobitex and other Iranian crypto exchanges under 'Economic Fury' campaign
· The Block Editorial

US sanctions Nobitex and other Iranian crypto exchanges under 'Economic Fury' campaign

Sanctioned exchange Nobitex handled more than half of Iran's crypto inflows last year, according to the U.S. Treasury.