The Block

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The Block

The first and final word in digital assets

Injective rolls out native EVM support on its high-performance Cosmos-based chain
Tuesday marks a crucial step in Injective’s “MultiVM” roadmap to create a unified, composable environment for WASM and EVM apps....

Prosecutors seek new trial for MIT brothers after $25 million Ethereum fraud case ends in mistrial
New York prosecutors are calling for another round in court after two brothers were accused of orchestrating a $25 million fraud on Ethereum. ...

Record UK bitcoin haul nets 11-year sentence for Chinese national who lived lavishly on stolen funds
Zhimin Qian was sentenced to 11 years in prison in what prosecutors are calling the largest seizure ever of bitcoin in the UK. ...

Polymarket partners with fantasy sports app PrizePicks ahead of US relaunch
PrizePicks can "offer CFTC-permitted derivatives contracts through partnerships with federally regulated exchanges."...

ClearToken wins UK approval for crypto and tokenized asset settlement system as regulators race to modernize digital markets
The firm plans to seek further BoE approval to expand into clearing and margining services through the bank’s Digital Securities Sandbox....

Nationally chartered bank SoFi launches crypto trading for consumers
Members will be able to buy, sell, and hold cryptocurrencies, including BTC, ETH, and SOL, following a phased rollout....

As lawmakers near deal to end government shutdown, here’s what that means for crypto when agencies reopen
The U.S. government could soon reopen, allowing key federal agencies overseeing digital assets to resume normal operations....

Lighter raises $68 million at a $1.5 billion valuation as VC bets flood back into perp DEX infrastructure: report
Perp DEX Lighter has raised $68 million as venture capitalists double down on the surging market for decentralized perpetual trading platforms....

TD Cowen sees Strategy adding 6,700 BTC from new STRE raise, maintains $141,000 year-end bitcoin base-case scenario
After deployment of €608.8M in net proceeds, TD Cowen projects that Strategy will use "substantially all" of the funds to acquire bitcoin....

The DogeCast: A chat with the team at DogeOS
Size Chad and MyDoge CEO Jordan Jefferson joined The Crypto Beat podcast to discuss DogeOS — the app layer for Dogecoin....