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The Block

The first and final word in digital assets
Polymarket cites third-party vulnerability in recent user account hack
While Polymarket did not name the third-party provider, some users speculated on social media that the vulnerability is linked to Magic Labs....
SEC charges $14 million crypto investment scam targeting social media users
The SEC charged three purported crypto trading platforms and four investment clubs with allegedly defrauding investors of over $14 million....
Russia considers relaxed crypto rules allowing non-qualified investors to buy tokens
Non-qualified investors would be allowed to trade no more than 300,000 rubles annually per licensed intermediary....
Crypto.com hiring quant trader for sports event prediction market making in the US
The posting suggests Crypto.com is looking to beef up its in-house pricing and liquidity for sports contracts as prediction market volumes grow into the billions....
ETF data shows Bitcoin dominance held firm in 2025 as Ethereum gradually gained share
The $31 billion in combined flows to Bitcoin and Ethereum ETFs during 2025 demonstrates substantial institutional demand....
Former FTX US president raises $35 million for traditional-asset perpetuals exchange: The Information
AX allows institutional investors to trade non-expiring derivatives linked to assets such as equities and foreign exchange....
2026 Layer 2 Outlook
2025 has been the year that the Layer 2 narrative bifurcated: most new launches have become ghost towns shortly after airdrop farming cycles, while only a small handful of L2s have managed to escape t...
Bitcoin slips as record $28B Boxing Day options expiry becomes key volatility driver: analysts
Analysts warn that a record year-end options expiry is now the dominant volatility driver, as bitcoin traded under $90,000 while gold surged....
Tom Lee’s BitMine adds another $88 million worth of ETH to growing treasury
BitMine officially holds 4,066,062 ETH, which puts the treasury value at around $12 billion at current prices....
Declining mining activity flashes ‘bullish signal’ for bitcoin price, VanEck says
VanEck analysts said bitcoin has historically been more likely to post positive returns following periods of declining mining activity....
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