The Block

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The Block

The first and final word in digital assets

Tether giving additional 5,800 BTC to its treasury firm Twenty One ahead of public listing
That will bring the Tether, Softbank, and Cantor Fitzgerald joint venture's total holdings to over 43,500 bitcoin....

Ethereum validator exit queue reaches highest point ever
Over a week ago, roughly 167,000  ETH worth over $630 million was withdrawn from the Aave lending pool flipping a popular staking strategy negative....

Bitcoin podcaster Aubrey Strobel launches boutique PR firm with a focus on emerging tech
The new PR firm is named Halcyon and will work with early to mid-stage companies in the crypto and AI space, Strobel told The Block....

Ethereum treasury firms are ‘just getting started’ — could 10x holdings to 10% of all ETH, says Standard Chartered
Ethereum treasury firms have bought 1.26 million ETH since June and could grow their holdings tenfold, according to Standard Chartered....

Hedera Hashgraph co-founder Jordan Fried to lead latest Bitcoin treasury company, listed in both US and Israel
Pantera Capital, FalconX, Arrington Capital, among others, are backing the latest Bitcoin reserve company, ZOOZ....

Bakkt stock plummets 40% after announcing pricing of $75 million public offering to buy bitcoin
The company plans to use the offering proceeds for general corporate purposes, including the acquisition of bitcoin and other digital assets....

Tom Lee’s Ethereum treasury firm BitMine approves $1 billion stock repurchase program as its holdings reach 625,000 ETH
As of July 28 at 10:45 p.m. ET, BitMine said it now holds 625,000 ETH ($2.4 billion) and 192 BTC ($22.8 million)....

Consensys-founded Layer 2 unveils native ETH yield, burn mechanism ahead of LINEA token rollout
An Ethereum-aligned consortium, including Consensys, SharpLink, Eigen Labs, ENS Labs, and Status, will manage its ecosystem fund....

Ethereum treasury protocol ETH Strategy secures $46 million in prelaunch raise
ETH Strategy said it has raised 12,342 ETH ($46.5 million) in prelaunch, with its STRAT token set to go live on Tuesday....