The Block

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The Block

The first and final word in digital assets

US FDIC to propose GENIUS Act implementation framework this month
The FDIC chief said it will supervise and license subsidiaries of FDIC-supervised institutions that seek to issue stablecoins....

Vanguard clients can trade funds holding crypto like Bitcoin, XRP and Solana starting this week: Bloomberg
Vanguard's platform services more than "50 million brokerage customers" who manage "over $11 trillion," Bloomberg said....

Yearn recovers $2.4 million in stolen assets stemming from ‘unchecked arithmetic’ bug
Yearn Finance lost about $9 million in an exploit on Sunday, after an attacker was able to mint a near-infinite amount of yETH tokens....

First Chainlink ETF set to begin trading on Tuesday as exchange signs off on Grayscale’s LINK fund
The first exchange-traded fund tracking Chainlink is set to begin trading on Tuesday on the New York Stock Exchange. ...

Kalshi tokenizes ‘thousands’ of its prediction markets using Solana
Kalshi has tapped Solana to move its prediction markets onchain and enable permissionless monetization of its "global liquidity pool."...

House Republicans revive criticisms of Biden’s ‘coordinated attack’ on crypto, debanking concerns
House Republicans criticized what they described as the Biden administration’s "coordinated attack" on digital assets....

Largest Solana treasury recruits ParaFi Capital exec after over 40% plunge in holdings value
Ryan Navi, who previously served at ParaFi Capital as managing director and head of venture, will lead Forward's SOL treasury strategy....

Changpeng Zhao-backed YZiLabs launches boardroom coup at BNB treasury firm BNC
YZiLabs says BNB Network’s rollout has faltered, citing sluggish investor updates and a gap between the stock and its underlying BNB holdings....

Tom Lee’s Ethereum DAT BitMine now holds 3% of the total ETH supply
Chairman Tom Lee said the firm acquired 96,798 ETH in the past week alone, a 39% weekly increase, despite market turbulence....