The Block

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The Block

The first and final word in digital assets

Google weekly relative search volume for ‘bitcoin’ hits lowest level in a year
Other crypto-related terms paint a mixed picture, with “NFTs” and “DeFi” also at the lows, while hot topics like “memecoins” are on the rise....

Deutsche Bank to provide foreign exchange services for crypto market-making firm Keyrock
Deutsche will provide Keyrock with multi-currency accounts and foreign exchange services to improve its market-making and OTC operations....

MicroStrategy leads crypto stock gains in pre-market trading
Stocks associated with the cryptocurrency sector rose in pre-market trading, with MicroStrategy leading the early-day gains....

Political shift to Republicans drives $407 million in weekly inflows to crypto funds, CoinShares says
Recent investor decisions have likely been more influenced by the upcoming U.S. elections than monetary policy outlooks, CoinShares noted....

Bitcoin nears $64,000 with Chinese equities rebounding on stimulus optimism
China’s Finance Minister outlined the country’s plans to provide a fiscal stimulus package to reinvigorate its economy on Saturday....

Akash CEO Greg Osuri on DePIN’s appeal to mainstream users — and regulators
Advocates of decentralized physical infrastructure networks, or DePIN, often claim that projects in the space, which generally aim to leverage blockchain technology in order to grant users control and...

Avalanche Foundation to repurchase tokens sold to Terra’s LFG in 2022 deal, pending court approval
The price of Avalanche's token has risen over 13% in the last few days following the announcement and the growing popularity of a new crypto game. ...

Off The Grid, battle royale game with planned crypto features, nabs #1 slot on Epic Games Store
While its crypto features have yet to launch, the game's developer promises players "complete ownership" over their in-game items in the form of NFTs. ...

Arbitrum DAO member proposes $120 million recall from gaming fund that missed deadlines
The CEO and an employee of Offchain Labs, which develops Arbitrum, have countered that complex logistics have led to the program's apparent delays. ...

Former FTX executive Ryan Salame begins his seven and a half year prison sentence
Salame pled guilty in September to conspiring to make unlawful political contributions as well as conspiracy to operate an unlicensed money-transmitting business....