The Block

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The Block

The first and final word in digital assets

Core Scientific shareholder vote sinks $9 billion CoreWeave deal, halting merger of AI cloud and bitcoin miner
CORZ holders rejecting the merger shows that bitcoin miners’ infrastructure is becoming a lucrative key to the AI data-center boom....

Western Union files ‘WUUSD’ trademark after Solana stablecoin reveal
The filing suggests Western Union may be planning a broader digital-asset strategy beyond the USDPT stablecoin announced earlier this week....

Solana offers ‘two ways to win’ as stablecoin and tokenization bets align, Bitwise CIO says
Hougan argued that Solana benefits from both the growth of stablecoin and tokenization markets and its expanding share within them....

MegaETH’s public token sale oversubscribed by 27.8x as auction officially closes
The team will begin refunding investors who bid under $0.0999 and confirmed that anyone who bid the max will be “reviewed for allocation.”...

Elon Musk’s SpaceX moves another $31 million of its bitcoin stash to new wallet: Arkham
A total of 4,337 BTC ($471.6 million) has now been moved in October, likely to consolidate custody and upgrade from legacy bitcoin addresses....

Uphold relaunches XRP rewards debit card in US
The company's move follows Uphold in March reinstating staking rewards for U.S. customers across 19 different digital assets....

Grayscale spot Solana ETF sees $1.4M inflows on debut as over $500M exits Bitcoin and Ethereum funds
Grayscale's new U.S. spot Solana ETF, GSOL, registered $1.4 million in net inflows on its Oct. 29 trading debut....

TeraWulf upsizes private offering to $900 million to fund Texas data center expansion
TeraWulf upsizes and prices a $900 million zero-coupon convertible due 2032 to fund a Texas data center build....

Bitcoin tops $111,300 as Trump says China trade deal coming ‘pretty soon’
Trump reportedly said that he would cut reciprocal tariffs from 20% to 10%, and that he settled rare earth-related issues with China....

Hong Kong’s top regulator flags digital asset treasury risks: report
SFC Chair Kelvin Wong Tin-yau said the regulator will step up investor education efforts on DATs and their risks....