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The Block

The first and final word in digital assets
Illinois governor signs new crypto oversight laws targeting exchanges and ATMs
Illinois governor JB Pritzker signed two new crypto regulation bills into law on Monday, targeting exchanges and ATMs in the state....
US spot Ethereum ETFs now hold over 5% of ETH supply
Spot Ethereum exchange-traded funds in the U.S. currently hold 5.08% of ETH supply, according to Dune data....
South Korea orders exchanges to halt crypto lending services until new guidelines established
South Korea's Financial Services Commission said crypto lending services exist in a legal gray area and could result in user losses....
Ark Invest buys $14 million worth of Robinhood shares following $9 million purchase last Friday
Ark Invest purchased $14.2 million worth of Robinhood shares on Monday, according to its latest trading filing....
Mike Cagney’s Figure Technology publicly files for IPO; revenue grows 22% in first half of 2025
Figure's revenue surged 22.4% year-over-year to $190.6 million in the first half of 2025, with a net income of $29 million during the period....
‘SPAC King’ Chamath Palihapitiya looking to raise $250 million ‘American Exceptionalism’ vehicle to invest in AI, DeFi, defense, or energy
Chamath Palihapitiya's latest special purpose acquisition company, American Exceptionalism, could take a DeFi company public....
TD Cowen maintains Strategy’s $680 price target after firm purchases another $51.4 million in bitcoin
TD Cowen holds its MSTR price target at $680, on the prediction that Strategy will accumulate 4.3% of Bitcoin’s total supply by 2027's end....
Ethereum treasury firm BTCS to pay ETH dividend and ‘loyalty payment’ in part to ward off short sellers
The one-time, conditional loyalty payment is an attempt to reduce the amount of liquidity available to short sellers....
Bitdeer’s Q2 mining revenue up 43% as bitcoin holdings swell to $175 million
Bitdeer's bitcoin mining division reported revenue of $59.3 million, a 43% gain when compared to the previous year of $41.6 million....
The Daily: SEC delays XRP, Dogecoin and other ETFs, Strategy buys more bitcoin, Ethereum ICO wallet moves funds, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons....
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