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The Block

The first and final word in digital assets
Miner wallet containing 4,000 BTC breaks 14-year dormancy: Lookonchain
Wallet '18eY9…6EfyM' transferred 150 BTC, worth around $16.6 million, in its first move in approximately 14 years....
Trump defends pardon of Binance founder Changpeng Zhao: ‘Don’t believe I’ve ever met him, but he had a lot of support’
On Thursday, President Donald Trump issued a pardon for the former Binance CEO, who previously served four months in prison....
JPMorgan says Stripe’s ‘twin revolutions’ in AI and money movement could unlock a $350 billion market
Recent acquisitions and the launch of the Tempo L1 mark Stripe’s return to crypto infrastructure as AI-driven commerce gains traction....
Solana treasury firm Solmate’s stock surges 50% amid plans for validator center and ‘aggressive M&A strategy’
The company formerly known as Brera Holdings rebranded last month into a Solana-based digital asset treasury....
The Daily: Trump pardons CZ, memecoin lawsuit claims, MegaETH whitepaper leak, legacy asset manager joins crypto ETF race, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons....
DeFi lender Spark deploys $100 million into Superstate fund to diversify revenue as US Treasury yields dip
Spark allocated $100 million of its stablecoin reserves into a Superstate fund generating yield from a crypto cash and carry trade....
Bitcoin skeptic Peter Schiff pitches onchain gold tokenization app, CZ calls it a ‘trust-me-bro’ token
Schiff argues gold is “the one thing that makes sense to put on a blockchain,” while critics say trust, not code, still rules....
Revolut, Blockchain.com and Bitcoin app Relai score MiCA licenses with Plasma likely to follow
After MiCA took effect at the end of last year, crypto-asset service providers have been expected to obtain a new license....
JPMorgan says bitcoin miners are decoupling from the bitcoin price as they pivot to AI
As bitcoin miners allocate more resources to AI computing, the growth in bitcoin’s network hashrate is likely to slow, according to JPMorgan....
Fidelity Crypto adds Solana support, extending its lineup beyond Bitcoin, Ethereum and Litecoin
Before Oct. 23, only Bitcoin, Ethereum, and Litecoin had buy, sell, and trading support on the Fidelity Crypto platform....
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