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The Block

The first and final word in digital assets
Backpack launches closed-beta prediction markets with cross-margin feature
The private beta of 'Unified Prediction Portfolio' marks Backpack's foray into the burgeoning prediction markets sector....
Bitcoin ETFs post largest single-day inflows in three months, worth $750 million
Heightened spot ETF inflows and improved macroeconomic clarity have helped boost crypto prices, analysts told The Block....
South Korean financial giant KB files patent for stablecoin credit card
The patent application covers a hybrid payment system that allows users to spend stablecoins through their existing credit cards....
Peter Thiel-backed Bitpanda eyes IPO in first half of 2026: Bloomberg
Vienna-based crypto exchange Bitpanda is reportedly seeking to go public in Germany at a valuation of roughly $4.6 billion to $5.8 billion....
Russia finalizes bill to open up crypto market to non-qualified traders: report
Anatoly Aksakov, chair of State Duma's Financial Markets Committee, said a draft bill is ready to let non-qualified investors trade crypto....
Bitdeer overtakes MARA as largest bitcoin miner by ‘managed hashrate’ metric
Singapore-based Bitdeer reported a “total hash rate under management," including a self-mining hashrate of 55.2 EH/s and hosted rigs. ...
Kraken and Bitget set the pace in the early innings of tokenized stock trading
Kraken remains king in actively traded tokenized stocks, while Ondo has scaled issuance faster through its partnership with Bitget....
‘Surreal moment’: Polymarket CEO touts prediction platform’s ‘most mainstream integration’ at Golden Globes
The 2026 edition of the Golden Globes was broadcast Sunday night on CBS and featured several prediction markets from Polymarket....
Senate Banking Committee’s crypto market structure bill text sets up showdown over stablecoin rewards
Lawmakers and the crypto industry are sifting through pages and pages of bill text, with much of the focus being on stablecoin rewards....
The Daily: Senate unveils updated market structure bill, YZi Labs invests in Genius Trading as CZ joins as advisor, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons....
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