The Block
United States · English · Digital
A digital media outlet covering cryptocurrency, blockchain, and financial technology news with a focus on regulatory developments, market trends, and industry innovations.
- 1 stories today
- 16/day · 7-day avg
- Top beat: Business
- Tracked since 2026
- 25 United States peers
Today’s stories
- Wallets linked to Humanity Protocol drained for over $32 million, token plunges 89%: onchain analystOver $32 million was stolen from wallets linked to Humanity Protocol due to an exploit, causing its token to drop 89% in value. The breach involved compromised private keys from a foundation member, and the protocol is working with security experts to resolve the issue.
- Brazen bitcoin kidnapping and carjacking co-conspirator pleads guilty, faces up to 20 years in prison: DOJSaif Faiq, involved in a 2024 bitcoin-related kidnapping scheme, has pleaded guilty to conspiracy and faces up to 20 years in prison. His brother and six others were also involved in the plan, which included a carjacking and home invasion.
- Crypto has ‘limited utility’ in solving AI’s trust and payment issues, IC3 researchers sayIC3 researchers argue that crypto has limited utility in addressing AI's trust and payment issues, emphasizing that AI agents remain dependent on human infrastructure and that blockchain cannot verify content creation origins or solve algorithmic bias.
- Tokenized equities reach $5.5 billion market cap, fueled by SpaceX IPO access and exchange expansionTokenized equities have grown to a $5.5 billion market cap, driven by increased access to stock products on crypto exchanges and the SpaceX IPO. This trend reflects a shift in how crypto users engage with equity markets.
- Citrini says Hyperliquid’s legitimate cash flow, token buyback strategy make for ‘compelling’ investmentCitrini Research called Hyperliquid a compelling investment due to its legitimate cash flow and large-scale token buyback program, noting that HYPE's price has risen significantly and that Hyperliquid's buybacks account for nearly half of crypto market buyback activity in 2025.
- Coinbase strategist says institutions aren’t panicking about bitcoin, ‘love it even more’ at lower pricesCoinbase's institutional strategist stated that large investors are not panicking about Bitcoin's price drop and are buying at lower prices, with continued institutional interest and infrastructure investments despite a 50% decline from its peak.
- Strategy shareholders approve semi-monthly dividends for STRC preferred stockStrategy shareholders approved semi-monthly dividends for STRC preferred stock, aiming to stabilize price and increase liquidity, while the company continues to buy Bitcoin ahead of dividend dates.
- TON Strategy’s May staking haul tops 3.3 million TON as network upgrades take effectTON Strategy earned 3.3 million TON in staking rewards in May, with network upgrades improving performance and scalability. The company supports recent governance proposals and its shares rose 1.3%.
- Former FTX CEO Sam Bankman-Fried officially files for a presidential pardon from TrumpSam Bankman-Fried, former FTX CEO, has filed for a presidential pardon from Trump despite Trump stating no plans to grant clemency. Bankman-Fried is serving a 25-year sentence for fraud and conspiracy related to FTX's collapse.
- Bitmine adds 127,000 ether, bringing treasury to 5.54 million ETH as Tom Lee calls crypto selloff ‘superficial’Bitmine added 127,000 ether, increasing its treasury to 5.54 million ETH, as CEO Tom Lee attributed the purchase to a perceived market selloff and strong Ethereum fundamentals. The company's staked ETH reached $7.7 billion, with projected annual staking revenues of $230 million.
- MetaMask debuts Agent Wallet giving AI bots self-custody access to EthereumMetaMask has launched Agent Wallet, a non-custodial wallet for AI agents to autonomously trade on Ethereum and other chains, with security measures including transaction simulation, daily limits, and scam scanning.
- Coinbase, Ripple among over 200 crypto organizations urging Senate Clarity Act voteOver 200 crypto organizations urged Senate leaders to vote on the Digital Asset Market Clarity Act, aiming to establish a federal framework for digital assets and clarify regulations.
- Michael Saylor’s Strategy buys another 1,550 bitcoin for $101 million after small sale as total holdings rise to 845,256 BTCStrategy purchased 1,550 BTC for $101 million, increasing its total holdings to 845,256 BTC, while also selling shares to fund the purchase and extending its ATM programs.
- UK FCA proposes allowing authorized funds to allocate up to 10% to crypto ETNsThe UK FCA proposes allowing authorized investment funds to hold up to 10% of their assets in crypto ETNs, aiming to address a regulatory gap and manage risks, while excluding certain fund types and not permitting direct crypto holdings.
- Bernstein says bitcoin’s ‘boring cycle’ doesn’t undermine store-of-value thesis despite $2.6B ETF outflows in 2026Bernstein analysts state that Bitcoin's long-term store-of-value thesis remains intact despite reduced retail interest and $2.6B ETF outflows in 2026, with institutional inflows and corporate treasury accumulation offsetting the decline.