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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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IREN lands $3.65 billion A-rated financing for Microsoft AI buildout
· The Block Editorial

IREN lands $3.65 billion A-rated financing for Microsoft AI buildout

The debt package helps IREN cover about 96% of the GPU spending needed to fulfill the Microsoft contract.

Dogecoin gains access to Paxos network used by PayPal and Venmo
· The Block Editorial

Dogecoin gains access to Paxos network used by PayPal and Venmo

House of Doge struck partnership with Paxos to integrate DOGE across the firm's enterprise-grade brokerage and custody infrastructure.

Bitcoin weakens near $72K as ETF outflows, stalled whale buying and macro uncertainty weigh on prices: analysts
· The Block Editorial

Bitcoin weakens near $72K as ETF outflows, stalled whale buying and macro uncertainty weigh on prices: analysts

Bitcoin fell toward $72,000 as U.S. spot ETFs posted weekly outflows again amid Iran risk-off and weak whale demand.

Michael Saylor's Strategy sells 32 bitcoin for $2.5 million as total holdings drop to 843,706 BTC
· The Block Editorial

Michael Saylor's Strategy sells 32 bitcoin for $2.5 million as total holdings drop to 843,706 BTC

Strategy's remaining holdings still account for more than 4% of the 21 million bitcoin supply cap — worth around $61 billion.

US-based funds drive $1.7B in global crypto ETP outflows as redemption streak extends to three weeks: CoinShares
· The Block Editorial

US-based funds drive $1.7B in global crypto ETP outflows as redemption streak extends to three weeks: CoinShares

Global crypto ETP outflows hit $1.67 billion last week as Bitcoin products recorded their biggest weekly outflow of the year.

Binance adds over 7,000 US stocks and ETFs for traders outside the United States amid super app push
· The Block Editorial

Binance adds over 7,000 US stocks and ETFs for traders outside the United States amid super app push

Binance launched U.S. stock and ETF trading for non-U.S. users and has plans for tokenized equities on BNB Chain.

'Gnosis will cover all user losses' amid exploit related to Gnosis Pay, co-founder Koppelmann says
· The Block Editorial

'Gnosis will cover all user losses' amid exploit related to Gnosis Pay, co-founder Koppelmann says

Gnosis co-founder Martin Koppelmann said all user losses will be covered as containment efforts continue following an exploit.

Digital euro is key to counter stablecoin risks, says ECB's Schnabel
· The Block Editorial

Digital euro is key to counter stablecoin risks, says ECB's Schnabel

Isabel Schnabel, an ECB board member, said Monday that central banks should respond to stablecoin risks with strong regulation and CBDCs.

Coinbase launches Indian rupee rails with perps access in expansion push
· The Block Editorial

Coinbase launches Indian rupee rails with perps access in expansion push

The Nasdaq-listed company said it has established INR order books to provide dedicated liquidity for users in the country.

The Funding: How crypto hedge funds are navigating weak markets
· The Block Editorial

The Funding: How crypto hedge funds are navigating weak markets

As crypto markets remain weak, fund managers say asset selection, fundamentals, and alpha matter more than ever.

Dev helps rescue $2 million locked in 2016 ICO contract for nine years with whitehat exploit
· The Block Editorial

Dev helps rescue $2 million locked in 2016 ICO contract for nine years with whitehat exploit

The developer told The Block that two of 48 eligible investors have already claimed 96.5 ETH that was unfrozen, worth nearly $200,000 at current prices.

Sui traces three mainnet halts to upgrade bugs, including a fix it knew carried halt risk
· The Block Editorial

Sui traces three mainnet halts to upgrade bugs, including a fix it knew carried halt risk

The Sui Foundation said no user funds were at risk and credited AI agents with speeding up its diagnosis of the incidents.

Cardano Foundation cancels 2026 summit after treasury funding vote falls just short
· The Block Editorial

Cardano Foundation cancels 2026 summit after treasury funding vote falls just short

The measure needed two-thirds support but got only 65%, even after late endorsements from Cardano's founder and the Foundation CEO.

Cosmos-based Gravity Bridge drained of $5.4 million in suspected key compromise, researchers say
· The Block Editorial

Cosmos-based Gravity Bridge drained of $5.4 million in suspected key compromise, researchers say

The attacker took USDC, ether, tether and PAYG tokens before laundering a portion through ChangeNow and Binance.

Crypto champion Trump may be jeopardizing the industry's landmark legislation
· The Block Editorial

Crypto champion Trump may be jeopardizing the industry's landmark legislation

Digital asset legislation is years in the making, but the sector's biggest political champion, President Trump, has become a liability.

Court-ordered Circle freeze traps $12.6 million in Zama cUSDC contract amid Overnight Finance suit
· The Block Editorial

Court-ordered Circle freeze traps $12.6 million in Zama cUSDC contract amid Overnight Finance suit

Zama CEO Rand Hindi said the protocol's confidential USDC contract was "caught in a crossfire" and that his team is investigating the freeze.

US has seized nearly $1 billion in crypto from Iran, Bessent says
· The Block Editorial

US has seized nearly $1 billion in crypto from Iran, Bessent says

Earlier this year, Treasury Secretary Scott Bessent said the U.S. had seized "nearly $500 million" in Iranian crypto assets.

JPMorgan CEO Jamie Dimon blasts Coinbase's Brian Armstrong, plans to fight Clarity Act
· The Block Editorial

JPMorgan CEO Jamie Dimon blasts Coinbase's Brian Armstrong, plans to fight Clarity Act

Dimon said Coinbase's Armstrong is spending hundreds of millions of dollars trying to get Clarity Act passed.

Texas appoints CleanSpark exec, bitcoin miner CEO to Strategic Bitcoin Reserve committee
· The Block Editorial

Texas appoints CleanSpark exec, bitcoin miner CEO to Strategic Bitcoin Reserve committee

Texas is seeking a custodian to transition reserve assets from Blackrock's IBIT into direct bitcoin holdings.

Sui blockchain suffers more downtime following Thursday's six-hour outage
· The Block Editorial

Sui blockchain suffers more downtime following Thursday's six-hour outage

Sui was offline for 5 hours and 55 minutes on Thursday due to a bug in the blockchain's latest "1.72 release."

Aave Labs secures dual UK licenses for regulated crypto payments infrastructure through local subsidiary
· The Block Editorial

Aave Labs secures dual UK licenses for regulated crypto payments infrastructure through local subsidiary

Aave Labs has obtained FCA cryptoasset registration in the U.K. for its Push subsidiaries, unlocking zero-fee fiat on-ramps.

Base launches Azul on mainnet, pushing Coinbase's Ethereum L2 toward full decentralization
· The Block Editorial

Base launches Azul on mainnet, pushing Coinbase's Ethereum L2 toward full decentralization

Base has deployed its Azul upgrade on mainnet, with multiproofs and a new client stack advancing decentralization.

Ventuals to compensate traders after pre-IPO SpaceX perps plunge 45% on Hyperliquid
· The Block Editorial

Ventuals to compensate traders after pre-IPO SpaceX perps plunge 45% on Hyperliquid

Ventuals to compensate traders after faulty oracle data sent SPACEX perps down 45% on Hyperliquid, wiping $1.51 million.

'First and only': Paxos secures SEC registration as clearing and settlement agency
· The Block Editorial

'First and only': Paxos secures SEC registration as clearing and settlement agency

Paxos said it is the first and only blockchain-native firm to be registered as a clearing agency under the SEC.