The Block

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The Block

The first and final word in digital assets

Metaplanet borrows $100 million against its bitcoin holdings to buy the dip
The company’s bitcoin mNAV ratio has recovered slightly after dipping below parity last month, but shares remain down more than 80%....

Chainlink and Dinari bringing S&P crypto stock index onchain
Chainlink said Monday it also partnered with FTSE Russell to bring its indices and market data onchain....

Solana Company approves share buyback plan for up to $100 million
Recently, more digital asset treasuries are using share buybacks to narrow NAV discounts and support share prices....

RedStone launches HyperStone oracle to power permissionless markets on Hyperliquid
RedStone launches HyperStone, a custom oracle powering Hyperliquid’s HIP-3 framework for permissionless perpetual markets and decentralized data feeds....

Paradigm leads $6 million seed round for Harmonic, aiming to help Solana reach Nasdaq speed
“Harmonic brings Solana closer to being the onchain Nasdaq,” Harmonic co-founder Jakob Povsic told The Block....

Ripple raises $500 million at $40 billion valuation in round led by Fortress, Citadel
Ripple has raised $500 million at a $40 billion valuation, as it expands across stablecoins, prime brokerage, and payments....

Hut 8’s 13% selloff over lack of AI tenant ‘short-sighted,’ says Benchmark after record quarter
The firm reiterated its $78 price target for the stock, citing rising profitability and long-term growth potential across energy, AI, and BTC....

Iggy Azalea joins new Solana-based ‘celebrity coin’ launchpad Thrust as creative director, plans to migrate MOTHER token
Iggy Azalea is migrating her MOTHER memecoin to Thrust, a new Solana-based token launchpad attempting to eliminate pump-and-dumps....

‘Rotten October’ leaves bitcoin at a crucial inflection point, but macro tailwinds argue against a cycle top: analyst
Despite demoralized sentiment, easing policy, 401(k) inclusion and bank adoption counter a cycle-peak narrative, K33's Vetle Lunde said....

‘Violent selloff, not terminal’: Analysts see bitcoin consolidating after leverage flush dips price below $100,000
Bitcoin will likely consolidate under $110,000 after another de-leveraging event spurred the recent drop below $100,000, analysts say....