The Block

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The Block

The first and final word in digital assets

Musk’s X ‘joining forces’ with prediction platform Polymarket
"We’re joining forces with Polymarket as our official prediction market partner," X said in a post to the social media platform....

1inch reclaims DEX aggregator lead with 60% market share after Solana expansion
1inch's share jumped from 32% in March to 60% in May, fueled by its strategic entry into the Solana ecosystem amid a memecoin trading surge....

FIFA crypto video game adds Adidas digital assets ahead of next week’s launch
Mythical Games, one of the largest blockchain gaming companies, will launch the mobile game "FIFA Rivals" on June 12....

Strategy upsizes STRD perpetual preferred stock offering to $1 billion to buy more bitcoin
Strategy has announced the pricing of its STRD perpetual preferred stock offering, upsizing the deal from $250 million to $1 billion....

FCA to lift ban on crypto ETNs for retail investors, bringing UK in line with many other countries
The FCA said the move would support UK competitiveness, allowing crypto ETNs to be sold to individuals rather than just professional investors....

Ark Invest buys $373M of Circle shares on debut; trims holdings in Coinbase, Robinhood and own Bitcoin ETF to make room
The Cathie Wood-led investment firm bought 4,486,560 Circle shares for its Innovation, Next Generation Internet, and Fintech Innovation funds....

Metaplanet unveils $5.4B equity raise plan to accelerate bitcoin accumulation
Japanese investment firm Metaplanet has announced the launch of a $5.4 billion equity raise to fund the acquisition of more bitcoin....

Crypto market sees nearly $1B in daily liquidations as overleveraged longs are caught off guard by macro jitters
Analysts said the public dispute between U.S. President Trump and Elon Musk hit the already fragile and over-leveraged market....

Uber is evaluating stablecoins’ potential for payments, CEO Khosrowshahi says
Uber CEO Dara Khosrowshahi said the company is currently in the "study phase" of using stablecoins as a payment vehicle....

Yuga Labs proposes dismantling ApeCoin DAO over failed governance, replacing it with new entity ApeCo
Bored Apes creator Yuga Labs proposed terminating its ApeCoin DAO to set up a new governance entity named ApeCo....