The Block

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The Block

The first and final word in digital assets

Ripple stablecoin launches on Kraken and integrates into payments platform as its market cap nears $250 million
With the stablecoin market heating up and lawmakers in Washington D.C. seeking regulatory clarity, Ripple targets added adoption....

Deal with Trump-backed American Bitcoin makes ‘sound strategic sense’ for Hut 8, analyst says
The deal with American Bitcoin is expected to reduce Hut 8’s capital costs and boost its valuation, a Benchmark analyst said....

VanEck continues European expansion into crypto with exchange-traded note tracking Celestia’s TIA
VanEck is a global investment management firm focused on specialized and often underrepresented asset classes....

Sei Foundation backs new U.S. nonprofit in bid to fuel protocol’s adoption and growth
The New York-based Sei Development Foundation will support the growth of the Sei protocol and advance crypto innovation in the U.S....

Usual and Sherlock launch crypto’s ‘largest bug bounty prize in history,’ offering $16 million to find a critical vulnerability
Usual has teamed up with Sherlock to offer $16 million for uncovering a critical vulnerability anywhere in the protocol's codebase....

Japan’s second-largest bank SMBC eyes stablecoin launch with Ava Labs: Nikkei
The bank plans to start conducting experiments in the second half of this year for a potential stablecoin launch in 2026....

VanEck registers entity for potential first BNB ETF in US, Delaware filing suggests
Outside of the U.S., 21Shares manages the 21Shares Binance BNB ETP, listed on several exchanges across Europe....

Elon Musk’s X urges Supreme Court to block IRS access to Coinbase user data
X submitted a brief to the US Supreme Court, challenging the IRS' use of so-called "suspicionless" subpoenas to obtain Coinbase user data....

Metaplanet boosts bitcoin bet with additional $13 million purchase, now holds 4,206 BTC
The Japanese firm purchased another 160 BTC for $13.3 million on Wednesday — just a day after snapping up 696 BTC....