The Block

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The Block

The first and final word in digital assets

Crypto-AI startup 0G Labs raises $40 million seed and receives $250 million token purchase commitment
0G Labs announced $290 million in new funding, which includes a $40 million seed round and a $250 million token purchase commitment....

Pete Hegseth, who said Trump is ‘making bitcoin great again,’ nominated for Secretary of Defense
Bitcoin and crypto industry advocate Pete Hegseth has been nominated for Secretary of Defense by President-elect Donald Trump....

‘It’s still early’: Bitwise CIO makes the case for a $500,000 bitcoin price
Amid a series of bitcoin all-time highs following Trump’s election win, “$100,000 feels like it could be right around the corner,” he said....

Bitcoin’s correlation to gold hits 11-month low amid capital reallocation, analysts say
Analysts describe this divergence as "structural," observing that bitcoin is establishing a more distinct role amid economic uncertainty....

Consensys-incubated Layer 2 Linea plans token launch in Q1 2025
Consensys also develops the popular non-custodial web3 wallet MetaMask but is yet to confirm any token launch plans for the project....

South Korea arrests 215 individuals in $232 million crypto fraud scheme
Investigators have specified twelve lead figures in the crypto scheme, primarily led by a YouTuber with more than 620,000 subscribers....

China and St. Kitts and Nevis dual citizen pleads guilty in $73 million ‘pig butchering’ crypto scam
Daren Li, 41, pleaded guilty to conspiracy to commit money laundering in a $73 million “pig butchering” scheme....

UK fintech firm Revolut expands crypto exchange to 30 new markets in Europe
Revolut, which claims to have over 45 million customers globally, launched Revolut X as its stand-alone exchange in the UK earlier this year....

Spot bitcoin ETFs continue strong inflows of $817 million, BTC dips 3.4%
Bitcoin fell 3.4% in the past 24 hours to trade at $86,855, potentially indicating profit-taking by investors, according to a BRN analyst....

AltLayer unveils ‘Autonome,’ a platform to create and deploy autonomous AI agents
AltLayer has announced the upcoming launch of “Autonome,” designed to accelerate the “Verifiable Agentic Web.”...