The Block

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The Block

The first and final word in digital assets

Andre Cronje’s Flying Tulip raises additional $75.5 million at $1 billion token valuation
Flying Tulip, a new DeFi platform founded by Andre Cronje, has raised additional capital through a mix of private and public token sales....

MegaETH outlines four KPIs determining release schedule for 53% of MEGA token supply
Over 50% of the MEGA supply will be released as “major milestones for the protocol are achieved," rather than a time-based unlock schedule....

Senate Agriculture Committee advances digital asset bill as Trump’s crypto ties block bipartisan support
Broad crypto market structure legislation advanced out of a key Senate committee on Thursday on a party-line vote. ...

‘The DAO is back!’: Ethereum dev Griff Green to use unclaimed hack funds for new security fund
Some funds that were initially sequestered to help refund “edge case” victims of The DAO hack will fund a new Ethereum security effort....

‘We don’t have much beef in this fight’ says Tether CEO as stablecoin yield stalls crypto bill
Tether CEO Paolo Ardoino says he is not taking a position on the debate over stablecoin yields, a flashpoint that has stalled legislation....

OP token holders approve buyback plan redirecting 50% of Optimism protocol revenue to OTC swaps
The plan could redirect millions of dollars worth of Optimism protocol revenue "to align the OP token" with the Superchain....

Talos brings Robinhood, Sony onto cap table as funding hits $150 million
Talos said part of the funding was settled using stablecoins, pointing to growing institutional comfort with blockchain-based payment rails....

Stablecoin growth stalls after October shock as Base leads transaction volume: ARK Invest
ARK Invest said stablecoin growth is stalling after October’s shock, with Base taking the lead in transaction volume....

Metaplanet targets up to $137 million equity raise to fund bitcoin treasury expansion
Metaplanet targets up to $137 million in total potential funding through shares and warrants for its bitcoin treasury plans....

21Shares launches JitoSOL-based Solana staking ETP in Europe
21Shares has launched a JitoSOL-based Solana staking ETP in Europe, as debates over yield-bearing crypto products continues globally....