The Block

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The Block

The first and final word in digital assets

Solana Company shares jump 17% as firm rolls out borrowing against staked SOL
Solana treasury companies are starting to turn to staking income and on-chain financing tools as lower SOL prices pressure balance sheets and share prices....

CryptoQuant says bitcoin’s ‘ultimate’ bear market bottom is around $55,000
CQ said bitcoin has not reached full capitulation yet, as key onchain indicators remain in a Bear Phase rather than the Extreme Bear Phase....

The Daily: South Korean police lose seized bitcoin, Binance France head targeted in failed home invasion attempt, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons....

CZ rejects ‘contradicting’ claims Binance fired investigators after Iran-linked probe findings
Independent blockchain analytics firms have recently reported growing use of stablecoins by Iranian entities to move funds outside traditional banking channels....

Trump Media and Technology Group files two new crypto ETF proposals following SEC delay
Trump Media and Technology Group is looking to list a fund tracking the native token for Crypto.com's Cronos network, and BTC/ETF ETF....

Figure shares rise as early Q4 results top expectations alongside secondary stock sale
Figure’s consumer loan marketplace volumes more than doubled, helping lift quarterly profitability and margins in preliminary results....

‘Let’s Go Brandon’ memecoin investor sues Steve Bannon and Trump advisor Epshteyn in class action lawsuit
The lawsuit claims that Bannon, Epshteyn, and other defendants misled investors about the memecoin, which was launched in late 2021....

Tomasz Stanczak to step down as Ethereum Foundation co-executive director, Bastian Aue to take interim role
Tomasz Stanczak will step down at the end of February, with Bastian Aue taking over alongside Hsiao-Wei Wang....

Wallet tied to $200M Mixin Network hack moves ETH after over two years of dormancy: onchain data
Over two years after stealing $200 million from Mixin Network, an onchain hacker has deposited illict funds on Tornado Cash and sold ETH....