Articles from www.theblock.co

Articles from www.theblock.co

RTFKT, the digital wearables NFT startup Nike acquired in 2021, is shutting down by the end of January 2025; DefiLlama: RTFKT brought in ~$50M in total earnings (www.theblock.co)
1 day ago Startup

MicroStrategy bought 55,580 bitcoin for ~$5.4B at an average price of $97,862 between November 18 and November 24, taking its holdings to 386,700 bitcoin (www.theblock.co)
8 days ago Bitcoin

Polymarket blocks users in France from placing trades, as the country's gaming regulator investigates the platform's compliance with local gambling laws (www.theblock.co)
10 days ago France

A US judge sentences FTX co-founder Gary Wang to “time served”, meaning no jail time; Wang pleaded guilty in December 2022 to fraud charges after FTX collapsed (www.theblock.co)
13 days ago

Coinbase says it will delist wBTC next month, as Justin Sun gains influence over the wBTC protocol; Coinbase launched its wrapped bitcoin, cbBTC, in September (www.theblock.co)
13 days ago Bitcoin Coinbase

MicroStrategy says it bought 27,200 bitcoin for roughly $2.03B in cash at an estimated $74,463 per coin, taking its total bitcoin holding to 279,420 (www.theblock.co)
22 days ago Bitcoin

Data shows open interest on Polymarket fell 64% from $510.95M on November 5 to $184.16M by November 8, highlighting the platform's reliance on political betting (www.theblock.co)
24 days ago

Bitcoin passes $74K to reach an all-time high amid Donald Trump's early lead in the 2024 US presidential race; bitcoin is up nearly 70% year-to-date (www.theblock.co)
27 days ago Trump Bitcoin

Filing: Microsoft puts an “assessment of investing in bitcoin” as a voting item for its December 10 shareholder meeting; its board recommends voting against it (www.theblock.co)
2024-10-25 Bitcoin Microsoft

The FBI charges Alabama man Eric Council Jr. with hacking the SEC's X account on January 9, 2024 to post a fake announcement about approving spot bitcoin ETFs (www.theblock.co)
2024-10-18 Bitcoin ETF FBI

Crypto derivatives exchange Bitnomial raised $25M led by Ripple and launches Botanical, a futures trading platform in the US currently in closed beta (www.theblock.co)
2024-10-17

Crypto.com sues the US SEC after receiving a Wells notice that the agency plans to bring an enforcement action against it; Consensys sued the SEC in April 2024 (www.theblock.co)
2024-10-9

DefiLlama: Coinbase's L2 Ethereum network Base stands at $2.08B in total value locked, up from $430M at the start of 2024, marking a 370% growth year-to-date (www.theblock.co)
2024-9-27 Ethereum Coinbase

Celestia Foundation, which is behind the Celestia modular blockchain network, raised a $100M round led by Bain Capital Crypto, taking its total raised to $155M (www.theblock.co)
2024-9-24 Blockchain

Singapore-based crypto exchange BingX suffered a security hack on its hot wallet, resulting in a “minor” loss; PeckShield: the loss was $43M in cryptocurrencies (www.theblock.co)
2024-9-20 Singapore

Trump launches World Liberty Financial, a DeFi lending project on Ethereum underpinned by the WLFI governance token; up to 63% of WLFI to be sold to the public (www.theblock.co)
2024-9-17 Trump Ethereum

Dune Analytics: Pump.fun has generated over $100M in cumulative revenue from more than 1M memecoins created on the platform since its launch in January 2024 (www.theblock.co)
2024-9-2

Celsius sued Tether on Friday in an attempt to claw back ~40K bitcoins, now worth ~$2.4B, that Celsius claims Tether sold improperly at the bottom of the market (www.theblock.co)
2024-8-12 Bitcoin

Indian crypto exchange WazirX plans to undo all trades that occurred following its withdrawal freeze on July 18 “over the next few days”, after a $230M+ hack (www.theblock.co)
2024-8-8 India

Morpho, a decentralized lending developer, raised $50M led by Ribbit Capital, after raising an undisclosed sum earlier in 2024, and $18M in 2022 (www.theblock.co)
2024-8-2 Decentralize

Some spot ether ETFs say they have received the go-ahead from the SEC and can begin trading on Tuesday (www.theblock.co)
2024-7-23 ETF

Court filing: FTX and the CFTC agree a $12.7B settlement after months of negotiations, pending a judge's approval; FTX will return up to $12.7B to creditors (www.theblock.co)
2024-7-17 CFTC

Coinbase files two lawsuits against the US SEC and the FDIC for not complying with FOIA requests; one FOIA request to the SEC concerns its views on ether (www.theblock.co)
2024-6-27 Coinbase

Coinbase debuts “pre-launch markets” on its global and advanced exchanges outside the US, UK, and Canada, for positions on tokens before they hit spot exchanges (www.theblock.co)
2024-6-18 Canada Coinbase

As the EU's MiCA crypto regulation takes effect on June 30, the industry remains uncertain about the ramifications; some stablecoin rules arrive in late 2024 (www.theblock.co)
2024-6-11

Zero-knowledge cryptography firm Nexus Labs raised a $25M Series A co-led by Lightspeed Venture Partners and Pantera Capital (www.theblock.co)
2024-6-11

M^0, a decentralized stablecoin minting protocol, raised a $35M Series A led by Bain Capital Crypto; the round was structured as equity plus tokens (www.theblock.co)
2024-6-6 Equity Decentralize

Filing: FTX argues it should pay the IRS a $200M priority tax claim and a $685M subordinated claim; IRS had said FTX owed $44B in taxes then revised to $24B (www.theblock.co)
2024-6-5 Tax

Avail, a modular blockchain project building “rollup-centric infrastructure”, raised a $43M Series A, after raising a $27M seed in February 2024 (www.theblock.co)
2024-6-5 Blockchain

Filing: Dapper Labs, maker of NBA Top Shot Moments NFTs, settles a class action lawsuit for $4M that alleged it violated laws by selling unregistered securities (www.theblock.co)
2024-6-4

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