The Block

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The Block

The first and final word in digital assets

Kraken-incubated Ethereum Layer 2 plans to launch and airdrop new INK token, foundation says
The Ink Foundation said there will be a hard cap of 1 billion INK tokens, which will not be used for protocol governance....

Avalanche transactions top 1 million amid ERC-404 minting frenzy
The spike in fees and transactions was fueled by arena.trade’s high-frequency mint mechanics....

From noodles to nodes: DayDayCook, an Asian food brand, to raise $528 million for bitcoin binge
NYSE-listed DDC aims to expand its existing 100 Bitcoin treasury with a $528 million raise from backers like Animoca, Anson Funds, and QCP Capital....

Coinbase seeks SEC greenlight for tokenized stocks to compete with Robinhood, Charles Schwab
Coinbase is seeking approval to offer blockchain based stocks in the U.S., according to a Reuters report....

Crypto analytics firm TRM Labs says 99% of stablecoin activity in 2024 was ‘licit’
Stablecoins now represent over 60% of all crypto transaction volume as criminal use across the industry appears to drop....

Fold secures $250 million equity purchase facility to expand BTC treasury
Fold holds approximately 1,488 BTC worth some $157.23 million, making it one of the largest publicly traded Bitcoin treasury firms. ...

Namada blockchain completes mainnet rollout for composable privacy layer as native token set to begin trading
Cosmos-based Namada has completed its mainnet, introducing a composable privacy layer for decentralized applications....

Galaxy and Liquid Collective partner to offer Ethereum liquid staking to institutions
As part of the partnership, Galaxy will provide OTC support for Liquid Collective’s liquid staking token for Ethereum....

Thailand approves capital gains tax exemption for crypto transactions through 2029
Crypto capital gains will be exempt from personal income tax in Thailand if made through licensed exchanges, brokers, or dealers....