The Block

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The Block

The first and final word in digital assets

Poland becomes EU’s lone MiCA holdout after parliament fails to overturn veto on crypto bill
The CEO of Zondacrypto had previously described the legislation as a "step backwards" that risks criminalizing core blockchain development activity. ...

MetaMask moves into prediction markets with Polymarket integration
Founded in 2020, Polymarket is now reportedly courting a valuation of up to $15 billion amid a breakout year....

Meta cuts to metaverse ‘black hole’ could free up billions for AI and lift shares by 20%: analysts
The lack of user traction, combined with years of mounting spend, has fueled concerns that the division, Mizuho analysts said....

WisdomTree first to market with Ethereum staking fund using Lido’s stETH
WisdomTree introduced an Ethereum-based fund in Europe that earns staking rewards using the decentralized Lido protocol. ...

Strive urges MSCI to ‘let the market decide’ on Bitcoin treasury companies
Strive said the proposal could lead to uneven results worldwide because companies report Bitcoin differently under various accounting rules....

US prosecutors push for 12-year prison sentence for Terraform co-founder Do Kwon’s role in $40 billion collapse
U.S. prosecutors say Do Kwon should get 12 years in prison for his role in the remarkable $40 billion dollar collapse of Terra. ...

Turkey’s Paribu to buy CoinMENA in deal worth up to $240 million, adding Dubai and Bahrain licenses
Paribu has acquired CoinMENA in a transaction valued at up to $240M, expanding the platform’s regulated footprint into Dubai and Bahrain....

‘I’m not betting on a markup this month’: Lawyer outlines three issues still holding up the crypto market structure bill
Senate negotiators are struggling to finalize a bill as disputes over stablecoin yield, conflicts of interest, and DeFi slow progress....

Crypto sleuth ZachXBT claims British threat actor tied to $243 million Genesis creditor theft ‘likely arrested’
A British hacker tied to the $243 million Genesis creditor theft has possibly been arrested in Dubai, according to onchain sleuth ZachXBT....