The Block

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The Block

The first and final word in digital assets

GSR helps consumer product firm Upexi create a SOL treasury with a $100 million private investment
Crypto trading GSR lead a $100 million deal into Upexi to help it create a Solana-based cryptocurrency treasury. ...

Strategy buys more bitcoin for $555 million, pushing total holdings to 538,200 BTC
At current prices, Strategy's bitcoin is worth around $46.8 billion — giving it a paper profit of about $10 billion....

South Korea’s central bank vows to ‘actively participate’ in stablecoin legislation development
The nation is working on the second part of its crypto legislation, focusing on stablecoins and transparency rules for crypto services....

Bybit CEO says nearly 28% of $1.4 billion hacked crypto ‘gone dark,’ moved to P2P and OTC
Untraceable funds flowed into mixers then through bridges to P2P and OTC platforms, Bybit CEO Ben Zhou said....

Metaplanet buys additional 330 BTC against crypto market uncertainty
Major bitcoin buyer Strategy also added 4,855 BTC to its reserve earlier this month despite ongoing market uncertainty....

Bitcoin rallies above $87,000, next bull-run talk ‘too early’: analysts
Bitcoin's rally is fueled by resurging institutional interest, highlighted by Strategy's recent buying, one analyst said....

The Funding: Crypto liquid funds are down bad — and shifting to quality tokens
Most crypto liquid funds are deep in the red this year — but a flight to fundamentals is underway — investors told The Block....

Bitget will roll back trades, compensate users after ‘abnormal’ VOXEL trading activity
One user reported making a six-figure profit from an initial investment under $100, but the exchange plans to roll back the trade. ...

Crypto exchange volume falls to 6-month low as traders flee spot for futures
Much more trading is happening on futures markets compared to spot markets, indicating less "real" demand for the crypto tokens. ...

Vitalik Buterin floats swapping Ethereum’s EVM for RISC-V to boost scalability
Buterin argues his "radical" idea could be the most viable method for boosting the simplicity and efficiency of Ethereum's execution layer. ...