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The Block

The first and final word in digital assets
Canadian government and TD Bank successfully pilot $100 million CAD bond issuance using Hyperledger Fabric tech
Project Samara was a limited experiment into issuing a single three-month $100 million Canadian dollar-denominated bond security....
Coinbase CEO Brian Armstrong and execs face shareholder lawsuit over disclosures, compliance failures
The complaint centers on custody disclosures tied to bankruptcy risk, whether Coinbase listed tokens that could be securities and deficiencies in the company’s AML program....
The Daily: NYSE parent ICE invests in OKX at $25B valuation, suspect arrested in FBI operation over alleged $46M US Marshals crypto theft, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons....
More crypto firms likely to get Fed master accounts and banks lack power to block approvals, TD Cowen says
Banks are expected to object and potentially pursue litigation, but TD Cowen argues they lack the power to stop such approvals....
Kraken rolls out unified execution layer for xStocks tokenized equities called xChange
xChange is an onchain trading engine and unified execution layer for xStocks issued on Solana and Ethereum....
Pudgy Penguins accused of trademark infringement by Penguin apparel brand
PEI said the brand failed to heed a cease-and-desist letter sent in October 2023, around the time Pudgy Penguins toys went on sale....
Doppler token creation platform powering most Base launches expands to Solana
The platform is live on multiple EVM chains and powers the majority of token launches on Base, via integrations with apps like Zora and Bankr....
Suspect in alleged $46 million US Marshals crypto theft arrested in Saint Martin, FBI says
ZachXBT previously linked the suspect to an online persona known as “Lick,” who allegedly accessed wallets holding crypto seized in the 2016 Bitfinex hack....
IRS proposes letting crypto exchanges like Coinbase require electronic delivery of tax forms
Last year, many U.S. taxpayers receiving warning letters from the IRS ahead of the implementation of a new reporting system....
Revolut seeks de novo banking charter with OCC
The Office of the Comptroller of the Currency has recently given conditional approval to several stablecoin issuers to become banks....
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