The Block

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The Block

The first and final word in digital assets

Spot bitcoin ETFs shed $1.2 billion in 4th consecutive outflow week
US spot bitcoin ETFs reported $1.22 billion in net outflows last week, bringing four-week cumulative outflows to $4.34 billion....

Bitcoin bounces back to $87,500 under ‘fragile’ market structure: analysts
Market structure remains fragile, and bitcoin is expected to consolidate within a tight range of $85,000 to $90,000, analysts said....

Offchain Labs challenges Vitalik’s RISC-V proposal, says WASM better for Ethereum L1
The researchers argue WASM, which has been battle-tested across billions of execution environments, is a better long-term bet than RISC-V. ...

Hoskinson involves FBI after developer’s ‘careless’ experiment splits Cardano blockchain
An IOG employee resigned after Hoskinson involved the FBI to investigate the incident, concerned that development mistakes could lead to legal consequences. ...

Wormhole Labs unveils ‘Sunrise’ gateway to bring MON and other assets to Solana
Sunrise is a liquidity gateway designed to be the "canonical route" for bringing external assets, like Monad's MON token, to Solana....

Crypto ATM operator considers $100 million sale, days after founder’s $10 million money laundering charge
The company had previously pivoted to software offerings in the face of "rising fraud exposure, regulatory pressure, and compliance demands."...

Monad token sale defies ‘fizzle’ fears, will end oversubscribed on Coinbase
Monad's co-founder had predicted that the sale's mechanics could lead to a last-minute surge in buys, which appears to have taken place. ...

Top DEXs Aerodrome, Velodrome hit with front-end compromise, urge users to avoid main domains
The compromise comes nearly two years to the day after a similar attack took down their front-ends in November, 2023. ...

Coinbase Derivatives to expand 24/7 futures trading for bevy of altcoins including ADA, AVAX, DOGE and SHIB
Coinbase's CFTC-regulated derivatives arm plans to launch 24/7 trading and "perp-style" futures for nearly a dozen altcoins....

Grayscale’s Dogecoin and XRP ETFs tee up to launch on Monday following NYSE approvals
The NYSE Arca has approved the listings for Grayscale’s Dogecoin and XRP ETFs, clearing the way for both products to launch on Monday....