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.
Visit websiteECB warns EU finance ministers that easing euro stablecoin rules would weaken banks: Reuters
ECB President Christine Lagarde warned the changes would destabilize bank funding and weaken interest-rate transmission.
FTX's former law firm, auditor agree to pay $66 million to settle customer claims over fraud
The law firm, Fenwick & West, denied wrongdoing and still faces a separate $525 million suit in Washington that is not covered by Friday's deal.
Spot bitcoin ETFs shed $1.26 billion in worst week since late January as ether funds see 10-day outflow streak
BlackRock's IBIT now holds $61.1 billion in net assets against $64.8 billion in cumulative inflows, a difference of roughly $3.7 billion.
New strategic bitcoin reserve bill drops 1 million BTC purchase target, adds 20-year lockup period
The bill would require quarterly public proof-of-reserve disclosures and third-party audits of government bitcoin holdings.
SEC delays tokenized asset exemption amid concerns over third-party tokens: Bloomberg Law
The SEC has delayed its plan for an anticipated exemption that would clarify the agency's stance on tokenized assets, Bloomberg Law reported.
Ripple, North Island Ventures back $6 million round for cross-chain platform Squid
Squid is preparing to launch a new consumer product aimed at making it easier to access and manage crypto assets, Fig told The Block.
NEAR token jumps 30% amid AI hype, Arthur Hayes endorsement and scaling plans
The prominent crypto investor Arthur Hayes described NEAR, HYPE and ZEC as “the holy trinity” of altcoins.
OKX, ICE partner on oil perps as NYSE-parent pressures US regulators to rein in Hyperliquid
OKX's oil perps contracts will track Intercontinental Exchange's Brent Crude and WTI Crude energy benchmarks.
Binance disputes latest WSJ report on alleged Iran-linked transactions
WSJ reported Iranian financier Babak Zanjani allegedly moved $850 million through Binance, which CEO Richard Teng said was mischaracterized.
House Oversight chair launches probe into insider trading on Kalshi and Polymarket
House Oversight Chairman Comer probes insider trading on Kalshi and Polymarket, sending letters to both CEOs with a June 5 document deadline.
'No longer a distant place': F2Pool Co-founder Chun Wang joins SpaceX's 2-year mission to Mars
Wang will board Starship on a two-year mission that will explore outside the Earth-Moon system and conduct a fly-by of Mars.
ZachXBT flags suspected exploit involving Polymarket's UMA adapter contract on Polygon
Onchain sleuth ZachXBT flagged a potential exploit of Polymarket's UMA CTF Adapter on Polygon, with $520K reportedly drained so far.
Verus bridge exploiter returns 4,052 ETH, retains $2.8 million bounty: onchain analyst
An attacker transferred 4,052.4 ETH worth $8.5 million back to Verus on Friday after the team proposed a bounty framework.
Polymarket eyes Japan market entry, appoints regional representative: Bloomberg
The prediction markets platform aims to secure regulatory authorization to operate in Japan by 2030, according to Bloomberg.
South Korea to review scrapping crypto tax plan after national petition hits 50,000 signatures
The petitioner said taxing cryptocurrency gains while abolishing taxes on traditional investments is unfair.
Ark Invest buys another $5 million in Bullish shares as stock slides 3%
Ark Invest bought a total of 139,117 shares of Bullish, worth about $5 million, across three of its ETFs on Thursday.
Ethereum Layer 2 Zero Network to wind down, joining string of protocols shuttering operations
Resources will be redirected to focus on growing Zerion's API and wallet service, the team said in a Thursday statement.
Galaxy's Novogratz and BitGo face off in court over $100 million claim: Bloomberg
In 2022, Galaxy said it was abandoning its acquisition plan due to BitGo's 'failure to deliver ... audited financial statements for 2021.'
Coinbase introduces thematic perps tracking China, AI and US national security equity indexes
The contracts are based on MarketVector’s existing AI, defense and China indexes that track the 10 largest companies per sector.
Former EF developer Dankrad Feist suggests $1 billion raise to form new Ethereum advocacy group
The Ethereum Foundation is a non-profit stewarding the development of the world's second-largest blockchain.
CLEAR token tanks 48% as Everclear winds down protocol, foundation and labs unit
Everclear achieved $500 million in monthly volume, but "never developed the commercial depth," the team said on Thursday.
JPMorgan says tokenized money market funds unlikely to grow beyond 15% of stablecoin market
Tokenized money market funds offer yield but still account for only around 5% of the stablecoin market, JPMorgan analysts said.
Chainlink, Anchorage-backed PAC names first bipartisan endorsements in 2026 midterm cycle
A newly formed political action committee released its first batch of endorsements as midterm elections begin to take shape.
HYPE token sets new record high above $60 amid rising Wall Street demand for Hyperliquid
Of note, Grayscale-linked wallets reportedly accumulated over $40 million worth of HYPE over the past week.