The Block

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The Block

The first and final word in digital assets

deBridge launches new execution model to simplify onchain experience
DeBridge launched a new execution model that allows users to interact with blockchains without having to manage various requirements....

Hex Trust to issue and custody wrapped XRP to expand DeFi utility across multiple blockchains
The asset aims to extend XRP's reach into DeFi and improve interoperability with Ripple's RLUSD stablecoin....

Coinbase-incubated x402 payments protocol built for AIs rolls out V2
x402 V2 is “multi-chain by default” and compatible with “legacy payment rails,” like ACH and card networks....

US Senators make ‘real progress’ on sweeping crypto market bill following talks with bank execs
Sen. Scott said "real progress" is being made to pass a massive cryptocurrency bill into law after meeting with top bank CEOs on Thursday....

Terraform Labs founder Do Kwon sentenced to 15 years over $40 billion Terra-Luna collapse: Inner City Press
Terraform Labs founder Do Kwon was sentenced for his role in the collapse of the Terra and Luna tokens on Thursday. ...

Bitcoin rewards app Lolli enables Lightning withdrawals
Some users complained that Lolli disabled withdrawals following its acquisition by Bitcoin venture and software development studio Thesis....

CFTC rolls back 2020 guidance focused on ‘actual delivery’ of digital assets
The CFTC is withdrawing "outdated and overly complex guidance," related to delivery of digital assets, according to acting Chair Pham....

JPMorgan creates Solana-based USCP token to facilitate ‘landmark’ Galaxy debt offering
JPMorgan created the Solana-based USCP token to facilitate sales of short-term corporate debt, beginning with Galaxy....

Anthony Scaramucci on tokenizing Wall Street and why it’s ‘1998 for crypto’
Ava Labs President John Wu and Skybridge founder Anthony Scaramucci discuss the Clarity Act and further institutional adoption of crypto....