The Block

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The Block

The first and final word in digital assets

Class action lawsuit claims Ben Chow orchestrated Melania, LIBRA memecoin fraud
A class action lawsuit claimed that Melania Trump and Argentine President Javier Milei were used as 'window dressing' in the alleged fraud....

WazirX to resume trading on Friday, ending 16-month suspension from hack
Last week, the Singapore High Court approved WazirX's restructuring plan, which received approval from 95.7% of participating creditors....

Cathie Wood’s Ark Invest buys $21 million worth of Robinhood shares
Ark Invest has been increasing investment in crypto stocks, acquiring shares in Robinhood, Bullish, Coinbase and ETH treasury firm BitMine....

Legacy asset manager T. Rowe Price files for its first crypto ETF
The $1.77 trillion asset manager seeks to launch a crypto ETF that invests in bitcoin, ether, Solana, and other cryptocurrencies....

Hyperliquid Strategies seeks $1 billion raise to expand HYPE treasury
Hyperliquid Strategies, a digital asset treasury firm focused on HYPE, submitted an S-1 filing with the SEC to raise $1 billion....

Bunni DEX shuts down after $8.4 million exploit, citing lack of funds
Bunni said required audits and monitoring expenses alone would cost between six and seven figures to restore operations....

Exploring TON Strategy’s $558 million treasury company with Exec. Chairman Manuel Stotz
TON Strategy Co-Executive Chairman explains how TON’s integration with Telegram could drive crypto’s next billion users, and his new treasury's plans for long-term Ton accumulation....

Coinbase unveils tool for AI agents like Claude and Gemini to access crypto wallets
The tool comes on the heels of the launch of the x402 Foundation, a Coinbase and Cloudflare-backed initiative to standardize AI-payments....

Kalshi fielding investment offers at up to $12 billion valuation shortly after major funding round: Bloomberg
Less than two weeks ago, the prediction platform startup raised more than $300 million at a $5 billion valuation. ...

The Daily: FalconX acquires 21Shares, Kadena shuts down, MegaETH launches public sale, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons....