The Block

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The Block

The first and final word in digital assets

Ledn to drop ETH support in favor of fully custodied bitcoin-only model amid rising BTC-backed lending competition
The platform is also discontinuing the lending of client assets to generate interest, eliminating third-party credit risk....

Alchemy acquires NFT launchpad HeyMint to expand its ‘smart wallet’ services
HeyMint removes the technical expertise needed to create an NFT collection and to grow a community. ...

Bitcoin and Ethereum ETFs notch highest combined daily inflows since January, attracting over $1 billion amid price surge
U.S. spot Bitcoin and Ethereum ETFs attracted net inflows of $934.8 million and $110.5 million, respectively, on Thursday....

HYPE token hits new high above $35 as Hyperliquid open interest surpasses a record $9 billion
Hyperliquid’s open interest surge coincided with an all-time high price for its native token HYPE, data shows....

Cetus offers $6 million white hat deal to recover stolen ETH after hacker’s activity is blocked on Sui
Cetus said it worked with law enforcement agencies, exchanges and cross-bridge protocols to freeze all stolen funds that remain on Sui....

SEC acknowledges Canary Capital’s filing for staked Tron ETF
Bloomberg analyst James Seyffart previously said it is likely that the SEC will approve the the filed crypto ETF proposals in Q4....

Major US banks in early talks for joint stablecoin venture: WSJ
The outcome of the discussions will depend on how the U.S. stablecoin legislation turns out, the WSJ report said....

Trump is ‘selling out America,’ Democrats argue in protest hours ahead of the president’s memecoin gala
Democratic lawmakers, including Sen. Elizabeth Warren, demanded President Trump release the list of people attending his memecoin gala. ...

Trump token jumps 10% as criticism of Thursday night’s memecoin dinner intensifies
The president hosting a dinner for top holders of his memecoin has been viewed by some as selling access to the Oval Office....

‘Liquidity begets liquidity’: Solana DEX aggregator Jupiter unveils a new lending protocol
Jupiter Lend, which will tap the liquidity layer Fluid, features a bespoke liquidation engine and “dynamic limits to isolate risk," Kash Dhanda said....