The Block

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The Block

The first and final word in digital assets

Former NYC Mayor Eric Adams disputes memecoin rug pull allegations, claims he made no profit
Former New York City Mayor Eric Adams denied allegations that his newly launched NYC Token was involved in suspicious liquidity withdrawals....

Lighter introduces mandatory LIT staking for liquidity pool access
Lighter announced the new LIT staking feature, now requiring users to stake its native token to access the Lighter Liquidity Pool....

Sweeping crypto legislation hits major snag as Senate Banking Committee postpones markup
The Senate Banking Committee has pulled its hearing to amend and vote on sweeping crypto legislation following a tumultuous few days. ...

TD Cowen cuts Strategy price target to $440, cites lower bitcoin yield outlook
Despite the target cut, TD Cowen said Strategy remains an attractive vehicle for investors seeking bitcoin exposure....

JPMorgan expects crypto inflows to rise further in 2026 after record $130 billion in 2025
The expected increase is likely to be supported by additional crypto regulation, including the passage of the Clarity Act in the U.S....

Coinbase says it won’t back Senate crypto bill ahead of banking committee vote 
Coinbase won't be supporting the Senate Banking Committee's sweeping cryptocurrency legislation, its CEO said. ...

Senate crypto bill nears crunch time as amendments pile up, lobbying intensifies ahead of Senate Banking Committee hearing
Lawmakers face a pivotal Senate hearing with over 70 amendments in play, as debates over stablecoin yield and DeFi come down to the wire....

Critical tokenization infrastructure provider Alpaca raises $150 million Series D, pushing valuation to $1.15 billion
Alpaca says it powers 94% of all tokenized U.S. equities and ETFs, working with leading RWA projects Dinari, Ondo Finance, and xStocks....

Zcash Foundation says SEC has closed the book on its years-long probe into the organization
The SEC has closed a years-long probe into the Zcash Foundation, the nonprofit said in a blog post Wednesday....