The Block

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The Block

The first and final word in digital assets

Do Kwon requests 5-year prison term cap in $40 billion Terra fraud case
In August, Kwon pleaded guilty to fraud charges stemming from the May 2022 collapse of Terraform Labs' Terra ecosystem....

MegaETH to return all funds from pre-deposit bridge, citing ‘sloppy’ execution
Tuesday's pre-deposit event faced outages, changes in deposit cap, and a misconfigured multisig transaction....

Kalshi doubles valuation in weeks amid prediction market duopoly bet with Polymarket
Prediction markets have quickly become one of the hottest private market themes in crypto and fintech, echoing earlier cycles....

Inside Infinex: Kain Warwick on building a ‘superapp’ to solve crypto’s UX problems
Infinex founder Kain Warwick joined The Big Brain Podcast to discuss tackling crypto's UX problems, fundraising, Crypto Twitter dynamics, and building a "superapp."...

Kain Warwick’s Infinex builds on $67.7 million Patron NFT round with Sonar sale ahead of INX’s 2026 TGE
Infinex has unveiled its Sonar token sale ahead of a January Token Generation Event, expanding access to INX beyond its $67.7 million Patron NFT sale....

Ethereum raises block gas limit to 60M as ecosystem throughput hits new records ahead of Fusaka upgrade
Ethereum increased its block gas limit to 60 million after securing majority validator support days before the Fusaka upgrade....

‘A rainy island with a hostile tax system is a hard sell’: Crypto industry reacts to UK Chancellor’s budget statement
Crypto industry figures welcomed pro-entrepreneur measures but warned that wider tax and regulatory pressures could hurt UK competitiveness....

Australia moves to fold crypto platforms into financial licensing regime
Australia's Treasury submitted a new bill to parliament on Wednesday, seeking to require financial licenses for certain crypto platforms....

Ark Invest loads up on Coinbase as Cathie Wood predicts ‘real break’ in inflation
Cathie Wood forecasted that the current liquidity squeeze will reverse in the near term, and said inflation may end next year....