The Block

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The Block

The first and final word in digital assets

Ethereum scaling infrastructure startup Spire Labs raises $7 million in seed funding
Spire Labs, an Ethereum scaling infrastructure developer, has raised $7 million in a seed funding round co-led by Maven 11 and Anagram....

Bitcoin edges close to all-time high as it marks its sweet 16th birthday
Bitcoin surpassed $70,000 for the first time in over seven months and could approach an all-time high above $73,000. ...

CMT Digital leads $2.5 million pre-seed round for autonomous agent network developer Axal
Axal also announced the launch of its first product: an agent-powered trading automation platform called Axal Autopilot. ...

Securitize crosses $1 billion in tokenized onchain assets as it launches a new fund administrator service
Securitize unveiled a new service aiming to simplify tasks associated with creating new blockchain-based, real-world asset products....

Crypto losses to hacks and scams surpass $1.4 billion in 2024, despite monthly drop: Immunefi
The crypto industry lost a further $55.1 million in October due to exploits — down 56.6% month-over-month — according to Immunefi....

CME bitcoin options volume surges amid bullish derivatives bets ahead of US election
Trading volume on CME options on bitcoin futures has increased ahead of the U.S. election, with significant bets on prices exceeding $85,000....

JPMorgan eyes ‘additional upside for bitcoin and gold prices in a Trump win scenario’
With the U.S. election approaching, JPMorgan analysts predict that a Donald Trump victory could further strengthen momentum for bitcoin....

Kraken launches fully-customizable desktop trading application inspired by its Cryptowatch tool
Kraken Desktop draws inspiration from the highly popular Cryptowatch tool that was sunset by the crypto exchange last year....

Coinbase pledges $25 million to Fairshake PAC for pro-crypto candidates in 2026 midterms
Coinbase said it has committed a further $25 million to Fairshake to boost pro-crypto candidates ahead of the 2026 midterms....

BlackRock’s spot bitcoin ETF sees record-breaking $872 million net inflows, surpassing March peak
BlackRock’s IBIT reported $872 million in net inflows on Wednesday, its largest since launch and surpassing its previous peak in March....