Cango sold 4,451 BTC for about $305 million to repay a bitcoin-backed loan and support its AI infrastructure push.
CoinShares said quantum computers would have to become 100,000 times more powerful, which could take a decade of scientific progress, to break Bitcoin.
The network's hashrate has dropped about 20% over the past month as bitcoin's price collapsed and Winter Storm Fern forced widespread miner shutdowns.
ENS Labs is canceling the launch of the Namechain Layer 2, which began development in 2024 to support the forthcoming ENSv2 update.
The MegaETH Foundation will use revenue earned from the protocol’s native stablecoin USDM to accumulate MEGA tokens.
Bitwise CIO Matt Hougan says the sell-off reflects cycle dynamics and macro risk-off forces — not a repeat of 2022’s systemic collapse.
Some recipients reportedly sold the coins before the exchange's "internal control system and promptly restricted transactions."
Charles Hoskinson said his personal crypto holdings are down over $3 billion in value, and that he declined to cash out during the downturn.
Bitcoin posted one of its single-largest intraday drops on Thursday, falling from roughly $73,100 at open to a low near $62,400.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
ETHZilla acquired 95 home loans for $4.7 million, with plans to tokenize the portfolio and generate annualized yield of around 10.36%.
Bitcoin fell below $70,000 on Tuesday, erasing all gains since its 2021 peak and leaving the asset down nearly 30% year-over-year.
Vitalik Buterin called copy-paste EVM chains a ‘dead end,’ calling for differentiated, deeply connected designs.
SBI tapped the blockchain R&D firm behind Sony’s blockchain to co-develop a Layer 1 purpose-built network for onchain stocks.
Kyle Samani pledged to continue making personal investments in the crypto sector as he pursues other tech interests.
The move marks the platform’s first direct integration with a DeFi venue, a Ripple Prime spokesperson told The Block.
Chicago-based Bitnomial is often the first US exchange to offer many crypto products, like the first regulated XRP futures last year.
BitMine chairman Tom Lee said unrealized losses on the firm’s Ethereum treasury holdings are "a feature, not a bug."
A Glassnode analyst noted that 44% of the bitcoin supply is "now underwater," given that the token has dropped about 30% in the past month.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Buterin previously championed a "rollup-centric" roadmap that would scale Ethereum through a network of branded shards.
Standard Chartered sees Solana evolving “from memecoins to micropayments", with forecasts of SOL to $2,000 by 2030.
The Avalanche Policy Coalition unveiled a new advisory council, led by Ava Labs General Counsel Lee Schneider.
NX8 is the first product rolled out under Nansen’s Joint Venture Protocol, an initiative to support onchain infrastructure development.
Tether has launched MiningOS, an open-source operating system for bitcoin mining as an alternative to proprietary software.
Bitcoin miner profitability has been on a multi-year decline as network hashpower continues to push to new highs, The Block data shows.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
HyperLiquid is adding general-purpose Outcome trading as an expansion to Hyperliquid’s in-progress HIP-4 update.
Arcium has launched its Mainnet Alpha on Solana, taking its encrypted computation network live as Umbra debuts a shielded finance layer.
Zama rolled out its ZAMA token while debuting Total Value Shielded, a new privacy metric, after encrypting over $121 million on Ethereum.