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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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CFTC opens door for crypto perpetual future contracts in US as Coinbase, Kalshi move forward
· The Block Editorial

CFTC opens door for crypto perpetual future contracts in US as Coinbase, Kalshi move forward

The CFTC opened the doors for perpetual futures contracts, giving way for Kalshi and Coinbase to offer those products.

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."

Wintermute extends trading infrastructure into prediction markets
· The Block Editorial

Wintermute extends trading infrastructure into prediction markets

Wintermute extends trading infrastructure into prediction markets as multibillion-dollar sector draws institutional liquidity providers.

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.

NYSE parent ICE held multiple talks with Hyperliquid to evaluate onchain perps market, CEO says
· The Block Editorial

NYSE parent ICE held multiple talks with Hyperliquid to evaluate onchain perps market, CEO says

Sprecher's comment follows an earlier report that ICE and CME had held conversations on the Hill regarding Hyperliquid.

OKX confirms $53 million investment to acquire 20% stake in Coinone crypto exchange
· The Block Editorial

OKX confirms $53 million investment to acquire 20% stake in Coinone crypto exchange

This marks the latest move by a global crypto giant to secure a foothold in South Korea, following Binance's acquisition of Gopax.

Treasury Secretary Scott Bessent reiterates 'no CBDC' commitment under Trump admin
· The Block Editorial

Treasury Secretary Scott Bessent reiterates 'no CBDC' commitment under Trump admin

During a Thursday press briefing, Bessent also urged the House and the Senate to get the Clarity Act to the finish line.

Gemini crypto exchange launches AI data feed powered by Grok
· The Block Editorial

Gemini crypto exchange launches AI data feed powered by Grok

The move comes as Gemini continues to expand beyond spot crypto trading into derivatives, predictions, and other financial services.

CryptoQuant says bitcoin whale and dolphin accumulation stalled as demand remains weak
· The Block Editorial

CryptoQuant says bitcoin whale and dolphin accumulation stalled as demand remains weak

Bitcoin holding structure continues to deteriorate as whale and dolphin BTC balances have stalled, CryptoQuant said.

The Digital Chamber ramps up pressure on Congress with call to action to pass Clarity Act
· The Block Editorial

The Digital Chamber ramps up pressure on Congress with call to action to pass Clarity Act

The Digital Chamber published a website to serve as a central spot for people to write to lawmakers in its latest push to pass a crypto bill.

Kalshi's turn: Prediction markets platform sues Minnesota over law going into effect in August
· The Block Editorial

Kalshi's turn: Prediction markets platform sues Minnesota over law going into effect in August

Following the CFTC's suit, Kalshi has sued the state of Minnesota after Governor Tim Walz signed a law blocking prediction markets.

Tether’s USAT supply grows 540% month-over-month, latest attestation shows
· The Block Editorial

Tether’s USAT supply grows 540% month-over-month, latest attestation shows

Tether’s USA₮ supply grew six-fold month-over-month to over 140 million tokens, according to Anchorage Digital's latest attestation.

Hyperliquid-based prop trading platform Hypernova raises $3 million in pre-seed funding
· The Block Editorial

Hyperliquid-based prop trading platform Hypernova raises $3 million in pre-seed funding

Hyperliquid-based prop trading platform Hypernova says it offers "instant payouts" and plans to publicly launch within the next two months.

Grayscale's Hyperliquid ETF negotiating 'seed' investment of roughly $115 million in HYPE tokens
· The Block Editorial

Grayscale's Hyperliquid ETF negotiating 'seed' investment of roughly $115 million in HYPE tokens

Earlier this month, 21Shares and Bitwise Investments became the first firms to launch HYPE-based exchange-traded funds.

Sui blockchain experiences second 'stall' in five months
· The Block Editorial

Sui blockchain experiences second 'stall' in five months

Sui said the blockchain is experiencing a "network stall," as block explorers show the protocol has not produced a block in nearly 2 hours.

VanEck’s tokenized VBILL US Treasury fund can now be used as collateral on Euler
· The Block Editorial

VanEck’s tokenized VBILL US Treasury fund can now be used as collateral on Euler

Securitize launched VanEck's VBILL as a collateral asset in an Euler lending market curated by KPK on Thursday.

Sequans completes bitcoin treasury unwind, refocuses on IoT semiconductors
· The Block Editorial

Sequans completes bitcoin treasury unwind, refocuses on IoT semiconductors

Sequans said its remaining 658 BTC are now fully unrestricted after completing all convertible debt redemptions.

JPMorgan says bitcoin and gold ETF outflows point to 'cooling' debasement trade amid hopes for Iran-US deal
· The Block Editorial

JPMorgan says bitcoin and gold ETF outflows point to 'cooling' debasement trade amid hopes for Iran-US deal

Both bitcoin and gold ETFs have seen outflows over the past two weeks as the debasement trade cools, according to JPMorgan analysts.

VanEck debuts first US spot BNB ETF in latest crypto investment product expansion
· The Block Editorial

VanEck debuts first US spot BNB ETF in latest crypto investment product expansion

VanEck's VBNB joins a growing roster of spot crypto ETFs since the first U.S. Bitcoin products launched in 2024.

Standard Chartered compares Ethereum to Amazon during 2001 dot-com bubble burst, says ETH will catch up to internal metrics
· The Block Editorial

Standard Chartered compares Ethereum to Amazon during 2001 dot-com bubble burst, says ETH will catch up to internal metrics

Standard Chartered Bank has maintained its ether price targets of $4,000 by end-2026 and $40,000 by end-2030.

Theta and XYO partner on blockchain-based verification layer for AI agents
· The Block Editorial

Theta and XYO partner on blockchain-based verification layer for AI agents

The DePIN projects have partnered to develop a cryptographic proof infrastructure that will independently verify AI agent workloads.