Articles from www.theblock.co

Articles from www.theblock.co

Vitalik Buterin, who backed Polymarket, says he's “starting to worry” that prediction markets “seem to be over-converging to an unhealthy product market fit” (www.theblock.co)
3 days ago Vitalik Buterin

A US court sentences Ramil Ventura Palafox, CEO of Praetorian Group, to 20 years in prison for operating a $200M bitcoin Ponzi scheme that defrauded 90K+ people (www.theblock.co)
6 days ago Bitcoin

Coinbase rolls out Agentic Wallets, a wallet infrastructure that lets AI agents make autonomous crypto transactions “without human intervention” (www.theblock.co)
7 days ago AI Coinbase

LayerZero Labs unveils a new Layer 1 blockchain called Zero, in collaboration with Citadel Securities, DTCC, Google Cloud, and Intercontinental Exchange (www.theblock.co)
8 days ago Blockchain Google

Ex-SafeMoon CEO Braden John Karony is sentenced to 100 months in prison for defrauding investors and is ordered to forfeit ~$7.5M and two residential properties (www.theblock.co)
8 days ago

Farcaster co-founders Dan Romero and Varun Srinivasan, along with the team at Merkle, join stablecoin startup Tempo after Merkle's sale of Farcaster to Neynar (www.theblock.co)
9 days ago Startup

Chinese regulators reiterate the mainland crypto ban and expand enforcement to cover real-world asset tokenization and offshore yuan-pegged stablecoin issuance (www.theblock.co)
11 days ago China Ban Asset

Gemini exits the UK, EU and Australia and cuts 25% of staff, as the crypto exchange refocuses on the US due to foreign markets proving “hard to win” (www.theblock.co)
13 days ago Australia

Multicoin co-founder and Managing Partner Kyle Samani says he is stepping back from the VC firm and has transitioned to an advisory role (www.theblock.co)
14 days ago

Tether says it generated over $10B in net profits in 2025, down from $13B+ in 2024, and says it holds $193B in assets backing the $186B USDT in circulation (www.theblock.co)
19 days ago Asset

Binance says it will convert $1B in stablecoin reserves held in its SAFU into bitcoin over the next 30 days, as BTC falls to its lowest level since November (www.theblock.co)
19 days ago Bitcoin

PayPal survey in October 2025: 40% of merchants already accept crypto, led by large enterprises, 85% expect crypto payments to be commonplace by 2030, and more (www.theblock.co)
22 days ago

Crypto payments network Mesh raised a $75M Series C led by Dragonfly at a $1B valuation, bringing its total funding to $200M (www.theblock.co)
22 days ago

Entropy, a decentralized crypto custodian that raised a $25M seed led by a16z in June 2022, is shutting down after “several pivots, and two rounds of layoffs” (www.theblock.co)
24 days ago Layoffs Decentralize

BitGo closed up ~2.7% at $18.49 per share in its NYSE debut on Thursday which saw shares jump as much as 36% intraday, after raising $212.8M in its IPO (www.theblock.co)
27 days ago IPO

Superstate raised an $82.5M Series B to expand from tokenized Treasury offerings into SEC-registered equities on Ethereum and Solana (www.theblock.co)
27 days ago Equity Ethereum

Neynar, a startup focused on decentralized social media infrastructure, is acquiring Ethereum-based social media project Farcaster from R&D firm Merkle (www.theblock.co)
28 days ago Startup Ethereum Decentralize

Portugal orders Polymarket to stop operations and blocks it in the country after heavy activity tied to its recent presidential election, with €110M+ in volume (www.theblock.co)
30 days ago Portugal

ZachXBT: a crypto user lost $282M+ in BTC and LTC in a hardware wallet social engineering scam; XMR jumped as the attacker began converting the funds to Monero (www.theblock.co)
2026-1-18 Monero

Blockchain-based lender Figure unveils the On-Chain Public Equity Network to issue, trade, and lend stocks natively on a blockchain, not as tokenized replicas (www.theblock.co)
2026-1-15 Blockchain Equity

Project Eleven, which builds tools to prepare blockchains for post-quantum threats, raised a $20M Series A led by Castle Island at a $120M post-money valuation (www.theblock.co)
2026-1-15 Quantum

Bakkt agrees to acquire Distributed Technologies Research, the stablecoin infrastructure company founded by Bakkt CEO Akshay Naheta; BKKT closes up 18.69% (www.theblock.co)
2026-1-13

Michael Saylor's Strategy bought 13,627 bitcoin for ~$1.25B between January 5 and 11, taking its total holdings to 687,410, and boosts its USD reserve to $2.25B (www.theblock.co)
2026-1-13 Bitcoin

The UK's FCA grants Ripple approval for its Electronic Money Institution license and crypto asset registration, clearing the way for UK expansion (www.theblock.co)
2026-1-10 Asset

China's central bank unveils an overhaul of its digital yuan framework, including saying that commercial banks will soon begin paying interest on holdings (www.theblock.co)
2025-12-29 China Central Bank

Coinbase agrees to acquire prediction markets startup The Clearing Company for an undisclosed sum; the startup was founded in 2025 and raised a $15M seed (www.theblock.co)
2025-12-23 Startup Coinbase

Hong Kong-based RedotPay, a fintech focused on stablecoin-based payments, raised a $107M Series B led by Goodwater Capital, bringing its total raised to ~$200M (www.theblock.co)
2025-12-17 Hong Kong Fintech

Exor rejects Tether's all-cash offer for its 65.4% controlling stake in Juventus, which valued the Italian soccer club at €1.1B (www.theblock.co)
2025-12-15 Italy

The US CFTC grants crypto exchange Gemini a DCM license, allowing it to launch its prediction markets platform Gemini Titan (www.theblock.co)
2025-12-11 CFTC

Michael Saylor's Strategy acquired 10,624 bitcoin for $962.7M between December 1 and 7, its largest purchase since July; its stock is down ~40% in 2025 (www.theblock.co)
2025-12-9 Bitcoin

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