The Block

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The Block

The first and final word in digital assets

Paradigm leads $6 million seed round for Harmonic, aiming to help Solana reach Nasdaq speed
“Harmonic brings Solana closer to being the onchain Nasdaq,” Harmonic co-founder Jakob Povsic told The Block....

Ripple raises $500 million at $40 billion valuation in round led by Fortress, Citadel
Ripple has raised $500 million at a $40 billion valuation, as it expands across stablecoins, prime brokerage, and payments....

Hut 8’s 13% selloff over lack of AI tenant ‘short-sighted,’ says Benchmark after record quarter
The firm reiterated its $78 price target for the stock, citing rising profitability and long-term growth potential across energy, AI, and BTC....

Iggy Azalea joins new Solana-based ‘celebrity coin’ launchpad Thrust as creative director, plans to migrate MOTHER token
Iggy Azalea is migrating her MOTHER memecoin to Thrust, a new Solana-based token launchpad attempting to eliminate pump-and-dumps....

‘Rotten October’ leaves bitcoin at a crucial inflection point, but macro tailwinds argue against a cycle top: analyst
Despite demoralized sentiment, easing policy, 401(k) inclusion and bank adoption counter a cycle-peak narrative, K33's Vetle Lunde said....

‘Violent selloff, not terminal’: Analysts see bitcoin consolidating after leverage flush dips price below $100,000
Bitcoin will likely consolidate under $110,000 after another de-leveraging event spurred the recent drop below $100,000, analysts say....

Bitcoin’s ‘IPO moment’ means the days of 1% BTC allocations are over, Bitwise CIO says
"Early investors selling does not mark the end of an asset's journey; it just represents a new phase," Matt Hougan said....

Canada unveils upcoming stablecoin legislation in federal budget
It plans to require issuers to hold adequate reserves, establish redemption policies and implement risk management frameworks....

White House says Trump’s pardon of CZ was reviewed with ‘utmost seriousness’
U.S. President Donald Trump said in an interview over the weekend that he had no idea who Zhao was....

Bitcoin and Ethereum ETFs post $800 million in combined outflows amid ‘extreme fear’ in market
However, one analyst said the bullish structure for the crypto market still stands despite the largely negative sentiment....