The Block

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The Block

The first and final word in digital assets

IoTeX hit by private key exploit draining around $2 million from bridge contracts, per co-founder
IoTeX co-founder Raullen Chai said losses are "significantly lower" than circulating estimates, but has not provided a specific figure....

BNP Paribas taps Ethereum for new money market fund tokenization pilot
The tokenized shares were issued by the BNP Paribas’ AssetFoundryTM platform using a "permissioned access model on Ethereum."...

Vitalik Buterin is building a ‘cypherpunk principled non-ugly Ethereum’ as devs officially add FOCIL to upgrade roadmap
FOCIL was officially “scheduled for inclusion” as the consensus-layer (CL) headliner for the upcoming Hegota upgrade, targeted for late 2026....

Opening the door: SEC issues guidance on brokers’ capital stablecoin requirements
The SEC introduced new guidance allowing broker-dealers to apply a “2% haircut” to proprietary positions in certain stablecoins....

ProShares’ stablecoin-ready ETF generates record $17 billion in day-one trading volume
ProShares on Thursday launched a money market ETF designed to hold assets that qualify as reserves for dollar-backed stablecoins....

MARA completes purchase of majority stake in French data center unit
Last August, Bloomberg reported MARA would pay $168 million in cash to secure a 64% stake in Exaion from EDF Pulse Ventures....

Crypto prices rally as Supreme Court strikes down Trump’s broad tariff regime
21shares said “a negative ruling on tariffs could potentially hurt Treasuries and the dollar, while favoring stocks and crypto.”...

House Democrats press Treasury Sec. Bessent over OCC review of Trump-linked World Liberty Financial’s trust bank charter
The latest inquiry lands amid broader Democratic pressure over Trump-linked crypto activity and World Liberty Financial....

BGD Labs to cease Aave contributions after four years as governance tensions grow
BGD Labs said it will cease contributions to Aave after April 1, ending a four-year role as a core protocol contributor....