The Block

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The Block

The first and final word in digital assets

Fold partners with Steak ’n Shake for new Bitcoin Burger rewards program
Fold, which trades under the ticker FLD, allows users to earn bitcoin cashback on everyday purchases at select retailers....

Bitcoin rebounds near $110,000 as US–China accord counters ETF outflows, hawkish Fed: analysts
Bitcoin has revisited $110,000 after the Fed’s hawkish cut and a U.S.–China tariff thaw lifted sentiment, even as spot ETFs saw sharp outflows....

New York judge grants relief to Multichain liquidators, extending freeze on stolen USDC
The Singapore liquidators are seeking to recover assets stolen from Multichain, including $63 million worth of USDC....

SBF says FTX was solvent, blames bankruptcy team for ‘decimating’ firm
Bankman-Fried and his family have claimed that the FTX co-founder was wrongfully convicted, and are seeking clemency from President Trump....

Coinbase rejects Senator Murphy’s claims of Trump favoritism as ‘ridiculous’
U.S. Senator Chris Murphy claimed in a post on X that Coinbase's donations were part of 'Trump's corruption factory.'...

Decentralized exchange dYdX plans to enter US market by end of 2025: Reuters
dYdX will not be able to offer perpetual futures trading in the U.S., but said it will look forward to future regulatory changes....

Ethereum devs officially target Dec. 3 for Fusaka upgrade
The backwards-compatible Fusaka hard fork will implement about a dozen Ethereum Improvement Proposals....

Standard Chartered sees tokenized real-world assets reaching $2 trillion by 2028 — ‘vast majority’ on Ethereum
“The fact that other chains are faster or cheaper is irrelevant, in our view,” Standard Chartered’s Geoffrey Kendrick said....

Strategy’s Q3 profit drops to $2.8 billion as bitcoin rally fades, mNAV premium hits 18-month low
Strategy’s bitcoin accumulation slowed for a third straight quarter as weaker market premiums made new issuance less accretive....

Bitcoin miner Riot posts net income of $104.5 million in Q3, reversing previous quarter’s losses
Riot’s adjusted EBITDA of $197.2 million included a $133.1 million gain on its bitcoins. Shares dropped 4.87% on the day as of market close....