The Block

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The Block

The first and final word in digital assets

22-year-old pleads guilty to money laundering for $263 million crypto syndicate
Tangeman assisted the scheme by using a bulk-cash converter to exchange the stolen crypto into cash, which was used to obtain rental homes....

Sen. Moreno calls crypto bill talks ‘decently frustrating’ as Senate races toward year-end goal posts
Negotiations on a crypto bill have been "decently frustrating" over the past few weeks, Ohio Republican Sen. Bernie Moreno said. ...

CFTC clears path for ETH, Bitcoin and USDC to be used as collateral in derivatives markets
The move builds on a CFTC initiative in September expanding the use of tokenized collateral, particularly stablecoins, in derivatives markets....

Tether joins $80 million funding round for Italian humanoids built for high-risk industrial jobs
The deal deepens Tether’s push into AI and robotics, following recent investments in brain-computer interfaces and GPU infrastructure....

HYPE token treasury Hyperliquid Strategies rolls out $30 million stock repurchase program
Hyperliquid Strategies, which filed for a $1 billion shelf registration in October to fund its HYPE treasury, approved a stock repurchase program. ...

BitMine reports $13.2 billion in holdings as ETH treasury expands after November slowdown
Tom Lee said BitMine is seeing improving market conditions roughly eight weeks after October’s liquidation shock....

Binance post confirming insider trading sends ‘year of the yellow fruit’ meme token even higher
The suspected token, called "year of the yellow fruit," was promoted using official Binance channels just seconds after it was issued onchain....

Yearn Finance details $9 million yETH exploit, confirms partial recovery and outlines remediation plan
DeFi protocol Yearn Finance has detailed how a multi-phase numerical bug and unsafe math enabled an exploiters steal rought $9 million in assets....

Circle partners with Bybit in push to drive USDC adoption outside Coinbase ecosystem
Bybit will increase USDC’s presence across its ecosystem by boosting liquidity in spot and derivatives markets....