The Block

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The Block

The first and final word in digital assets

China gains major advantage if US bans interest on stablecoins, Coinbase exec warns
Coinbase's Faryar Shirzad said limiting rewards on US stablecoins could benefit global rivals as China moves to pay interest on digital yuan....

Bitwise files for 11 new crypto ETFs tracking Bittensor, Tron and others
Bitwise filed applications for 11 new crypto strategy ETFs, which would both directly and indirectly invest in crypto....

David Beckham-backed supplements firm quits Bitcoin buying strategy after raising $48 million
Bitcoin was changing hands at about $114,000 at the time of the announcement, but has since fallen to about $88,000....

Unleash hacker begins laundering $4 million in ETH through Tornado Cash
A hacker appears to have gained unauthorized control over Unleash Protocol's multisig, enabling them to drain nearly $4 million in assets....

Winklevoss-backed Cypherpunk adds $29 million in ZEC, lifts holdings to nearly 2% of supply
Cypherpunk’s ZEC position now accounts for more than a third of its stated 5% accumulation target, following a series of recent purchases....

Grayscale files for spot Bittensor ETF following network’s first halving event
Grayscale seeks to convert its Bittensor Trust into an ETF, just weeks after the network’s native token underwent its first halving event....

Metaplanet buys $451 million worth of bitcoin in Q4, CEO Gerovich says
The company's total BTC holdings now stand at 35,102 BTC, which is valued at $3.06 billion at current market prices....

Lighter launches native token LIT, allocates half to ecosystem growth
Lighter is set to allocate half of the token supply to the ecosystem, while the remaining half is allocated to the team and investors....

South Korea’s stablecoin bill stalls over issuer eligibility dispute: report
South Korean regulators remain deadlocked over who can issue stablecoins, delaying progress on a new comprehensive digital asset framework....

SEC Corporation Finance Deputy Director Cicely LaMothe to retire after shaping crypto guidance
The SEC’s deputy director of the Division of Corporation Finance is retiring after playing a key role in shaping the SEC's crypto approach....