The Block

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The Block

The first and final word in digital assets

ZKsync sets May 4 deprecation date for Lite as project consolidates around Era
ZKsync said it will deprecate ZKsync Lite on May 4, freezing the network and shifting focus to Era and ZK Stack....

Minnesota introduces bill to ban crypto kiosks after wave of elder fraud cases
Minnesota lawmakers considered bill to ban crypto kiosks after testimony detailed $80,000 elder fraud case and overseas transfers....

‘We like it more,’ Bernstein says after Figure posts 156% jump in Q4 profit
Bernstein analysts said Figure delivered "solid" fourth-quarter results, backing their outperform rating and $72 price target....

SBI Holdings unveils trust bank-backed JPY stablecoin with Q2 launch target
SBI Holdings and Startale Group unveiled a yen-denominated stablecoin, JPYSC, with issuance managed by SBI Shinsei Trust Bank....

TeraWulf posts higher revenue, wider loss in 2025 as AI, HPC pivot accelerates
Nasdaq-listed TeraWulf said its total revenue reached $168.5 million in 2025, up 20.3% from the prior year....

MARA swings to $1.7 billion Q4 loss on bitcoin markdown, shares jump 15% after Starwood AI deal
A steep accounting loss tied to bitcoin’s price decline overshadowed gains, but MARA is betting its future on AI-driven revenue....

Block Inc slashes 40% of its staff as Jack Dorsey pushes ‘smaller, flatter’ AI strategy
Block is reducing its staff from over 10,000 people to just under 6,000, Dorsey said in a note to the company....

Circle shares tap $90 as Bernstein sees ‘clear divergence from crypto,’ Mizuho flags Polymarket boost
Circle’s expanding role in infrastructure is starting to contribute incremental, higher-margin revenue beyond reserve income....

US lawmakers revisit stablecoin yields amid deposit flight concerns
Some senators warned that stablecoin yields could blur the line between crypto products and traditional bank deposits....