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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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Ethena taps Anchorage for secure offchain collateral in institutional lending push
· The Block Editorial

Ethena taps Anchorage for secure offchain collateral in institutional lending push

Ethena began pivoting toward overcollateralized institutional lending in April as part of a major overhaul of USDe reserves.

Coinbase invests in Ethena via open market purchase of ENA, flags new partnership
· The Block Editorial

Coinbase invests in Ethena via open market purchase of ENA, flags new partnership

Ethena said the two companies have also become partners "to grow onchain finance and savings products."

Sens. Bernie Sanders, Elizabeth Warren push Labor Dept. to scrap proposed rule that brings crypto into 401(k) plans
· The Block Editorial

Sens. Bernie Sanders, Elizabeth Warren push Labor Dept. to scrap proposed rule that brings crypto into 401(k) plans

Sens. Warren and Sanders are pressing the DOL to strike down a proposed rule that would open up 401(k) retirement plans to crypto.

Coinbase investing into stablecoin reserves ETF issued by ProShares
· The Block Editorial

Coinbase investing into stablecoin reserves ETF issued by ProShares

The fund, called ProShares GENIUS Money Market ETF, has $22 billion in assets under management and launched this year.

Strive adds 2,500 BTC to treasury as Saylor's Strategy sells
· The Block Editorial

Strive adds 2,500 BTC to treasury as Saylor's Strategy sells

In an initiation note, Benchmark said the company has "one of the most differentiated capital structures in the bitcoin treasury sector."

Standard Chartered says Strategy's bitcoin sale may mark start of ETH outperformance
· The Block Editorial

Standard Chartered says Strategy's bitcoin sale may mark start of ETH outperformance

Standard Chartered said Ethereum DATs have an advantage over bitcoin DATs because ETH's staking yield means they do not need to sell ETH.

'Materially softer demand': Bitcoin hits two-month low below $69,000 amid institutional outflow streak, fading onchain interest
· The Block Editorial

'Materially softer demand': Bitcoin hits two-month low below $69,000 amid institutional outflow streak, fading onchain interest

Bitcoin fell below $69,000 to a two-month low as ETF outflows hit $3.45 billion over 11 days, along with $742 million in liquidations.

Franklin Templeton brings BENJI tokenized fund to MoonPay
· The Block Editorial

Franklin Templeton brings BENJI tokenized fund to MoonPay

The partnership will serve as "the foundation for a broader strategic relationship between Franklin Templeton and MoonPay."

HIVE reports 158% jump in annual revenue to $298 million as bitcoin holdings fall to 150 BTC
· The Block Editorial

HIVE reports 158% jump in annual revenue to $298 million as bitcoin holdings fall to 150 BTC

The company reduced its bitcoin holdings from 481 BTC to 150 BTC during the last quarter, while its bitcoin mining revenue fell 23.9%.

Backpack launches securities platform blending traditional and tokenized stock trading
· The Block Editorial

Backpack launches securities platform blending traditional and tokenized stock trading

Backpack Securities combines a U.S.-regulated brokerage for traditional equities ownership with a tokenization platform.

Hamilton Lane's tokenized HLSCOPE fund launches on Tron, marking first Securitize product issued on the once-maligned blockchain
· The Block Editorial

Hamilton Lane's tokenized HLSCOPE fund launches on Tron, marking first Securitize product issued on the once-maligned blockchain

Hamilton Lane’s tokenized Senior Credit Opportunities Fund will be the first Securitize-issued asset to launch on TRON.

Following token-dumping scandal, Movement seeks new life as a Layer 1
· The Block Editorial

Following token-dumping scandal, Movement seeks new life as a Layer 1

Move Industries has partnered with several firms, including Circle, as it relaunches Movement as a Layer 1 and refocuses on emerging markets.

Veda brings the vault stack behind Kraken DeFi Earn to Privy's 2,000-plus developer teams
· The Block Editorial

Veda brings the vault stack behind Kraken DeFi Earn to Privy's 2,000-plus developer teams

The same vault stack powering Kraken DeFi Earn and EtherFi's Liquid will be available via a self-serve API for developers building on Privy.

MoneyGram debuts MGUSD stablecoin on Stellar for its global payments network
· The Block Editorial

MoneyGram debuts MGUSD stablecoin on Stellar for its global payments network

MoneyGram launched MGUSD, a USD stablecoin on Stellar backed by Bridge and Fireblocks, targeting 60M+ customers for cross-border payments.

Vitalik Buterin proposes options-based synthetic assets to avoid liquidations and reduce reliance on real-time oracles
· The Block Editorial

Vitalik Buterin proposes options-based synthetic assets to avoid liquidations and reduce reliance on real-time oracles

Buterin proposed options-based synthetic assets that avoid liquidation risk and rely on slow oracles instead of real-time price feeds.

CME's 24/7 crypto derivatives market sees $50 million in opening weekend trading
· The Block Editorial

CME's 24/7 crypto derivatives market sees $50 million in opening weekend trading

CME Group said Monday that its 24/7 crypto futures and options market saw over 7,200 contracts traded over the first weekend.

Mt. Gox moves $739 million worth of bitcoin to two addresses: Arkham
· The Block Editorial

Mt. Gox moves $739 million worth of bitcoin to two addresses: Arkham

Mt. Gox transferred a combined 10,306 BTC to an unmarked address and its hot wallet early Tuesday, according to Arkham.

Spot bitcoin ETFs extend negative streak, following $2.4 billion monthly outflows in May
· The Block Editorial

Spot bitcoin ETFs extend negative streak, following $2.4 billion monthly outflows in May

Dampened hopes for an improved macroeconomic environment have led institutions to move from crypto ETFs to AI stocks, an analyst said.

Bitcoin slides toward $70,000 as Strategy's BTC sale, geopolitical risks weigh on crypto
· The Block Editorial

Bitcoin slides toward $70,000 as Strategy's BTC sale, geopolitical risks weigh on crypto

Analysts said the size of Strategy's bitcoin sale was relatively trivial, but sent a bearish signal to the broader market.

Robinhood closes $180 million WonderFi acquisition, entering Canadian crypto market
· The Block Editorial

Robinhood closes $180 million WonderFi acquisition, entering Canadian crypto market

Users of WonderFi's crypto platforms Bitbuy and Coinsquare will be invited to continue on the Robinhood app.

Unable to recover from roughly $50 million hack, Radiant Capital is winding down
· The Block Editorial

Unable to recover from roughly $50 million hack, Radiant Capital is winding down

Radiant Capital said it hasn't been able to recover a meaningful amount of funds or raise new capital since the 2024 exploit.

TON revives Gram token brand as Telegram CEO Durov says network is 'returning to roots'
· The Block Editorial

TON revives Gram token brand as Telegram CEO Durov says network is 'returning to roots'

The Gram rebrand follows network upgrades, fee cuts, and Telegram's push for a larger role in TON governance.

Grayscale sets 0.29% fee for its Hyperliquid ETF, undercutting Bitwise and 21Shares
· The Block Editorial

Grayscale sets 0.29% fee for its Hyperliquid ETF, undercutting Bitwise and 21Shares

Grayscale is set to launch its own Hyperliquid exchange-traded fund as soon as this week, setting a sponsor fee of 0.29%.

Bitmine acquires 26,497 ETH as it targets a slower approach to 5% of Ethereum's total supply
· The Block Editorial

Bitmine acquires 26,497 ETH as it targets a slower approach to 5% of Ethereum's total supply

Bitmine Chairman Tom Lee said the company would reach its 5% acquisition target of Ethereum's total supply "sometime in 2026."