The Block

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The Block

The first and final word in digital assets

SEC seeks multi-year officer, director bans for former Alameda CEO Ellison and former FTX execs Wang and Singh
The SEC looks to bar Caroline Ellison and former FTX executives Gary Wang and Nishad Singh from being directors for several years....

Fed seeks public input on ‘skinny master account’ for limited access to the central bank
The Federal Reserve is seeking public feedback on a proposed “payment account” — informally dubbed a “skinny master account."...

DraftKings launches standalone predictions app under CFTC oversight
DraftKings can offer event contracts in states that still prohibit online sports betting, expanding reach without changing state gaming laws....

Weekly Hyperliquid outflows top $430M as Lighter and Aster tighten perp DEX competition: Dune
Hyperliquid has posted more than $430 million in weekly outflows as competition from fast-growing rivals Lighter and Aster intensifies....

Bybit relaunches UK crypto platform after 2023 exit linked to FCA rules
The launch gives UK users access to spot trading across 100 pairs and peer-to-peer services supported by Bybit's global infrastructure....

Cathie Wood’s Ark Invest scoops up more Coinbase shares following crypto exchange’s ‘System Update’ event
The investment firm also picked up another 575,644 shares in Solana treasury company Solmate amid its latest fund rebalancing....

Ethereum developers name post-Glamsterdam upgrade ‘Hegota’ as 2026 roadmap takes shape
Glamsterdam and Hegota are expected to continue Ethereum's twice-a-year upgrade schedule in 2026 following Pectra and Fusaka....

Crypto ponzi scheme IcomTech’s senior promoter sentenced to six years in prison
Magdaleno Mendoza, 56, was sentenced to 71 months in prison for his role in helping orchestrate a crypto Ponzi scheme in the U.S....

Terraform Labs liquidator sues Jump Trading for $4 billion in damages
A spokesperson for Jump reportedly called the lawsuit a 'desperate attempt' to shift blame and responsibility away from Terraform and Kwon....

Coinbase sues Michigan, Illinois and Connecticut over prediction market oversight
The lawsuits follow Coinbase's announcement a day earlier that it plans to enter prediction markets through a partnership with Kalshi....