The Block

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The Block

The first and final word in digital assets

Kazakhstan to launch $1 billion crypto reserve fund using seized assets by 2026: Bloomberg
Kazakhstan plans to debut a $1 billion national crypto reserve fund using seized assets ahead of an early 2026 launch....

Tether moves nearly $100 million in bitcoin to reserve wallet: Arkham
The transfer raises Tether's total bitcoin treasury to at least 87,296 BTC, currently worth around $8.9 billion, per Arkham labeling....

Cathie Wood’s Ark Invest buys $9 million of Ethereum-treasury firm BitMine’s shares amid 10% price drop
BitMine is the largest Ethereum treasury company, holding nearly 3.4 million ETH ($11.2 billion) as of Nov. 2....

Bitcoin hovers above $100,000 as whale buying and ETF inflows lift sentiment: analysts
Analysts flagged early signs of market stability as whales accumulated nearly 30,000 BTC and ETF inflows turned positive....

US spot bitcoin ETFs see $240 million in inflows, ending six-day outflow streak
Thursday's inflows brought an end to a six-day streak of outflows, during which a total of $2.05 billion exited the ETFs....

Australia must act on tokenization or be ‘left behind,’ ASIC chair warns
ASIC said the regulator will review and relaunch its Innovation Hub to explore new ways ASIC can support financial market innovation....

Japan’s regulator backs joint stablecoin project by three major banks
Japan's FSA announced its support for a stablecoin pilot project involving the country's three major banks — Mizuho Bank, MUFG, and SMBC....

Jack Dorsey’s Block sees nearly $2 billion in bitcoin revenue in Q3, nearly 1/3 of its total revenues
Block’s bitcoin revenue accounted for about $1.97 billion of its total revenue, down from $2.4 billion during the same quarter last year....

Elixir sunsets deUSD synthetic stablecoin following Stream Finance unwinding, aims for full redemptions
Elixir says it processed redemptions for 80% of deUSD holders, and has snapshotted the remaining balances for future USDC redemptions....

Robot Ventures leads $5.2 million seed round for Sprinter, a ‘solving-as-a-service’ startup founded by Ethereum OGs
Sprinter is a crosschain “solving-as-a-service” infrastructure startup that provides access to collateral-free credit....