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The Block

The first and final word in digital assets

Kevin O’Leary wins $2.8 million defamation judgment against crypto influencer Ben ‘BitBoy’ Armstrong
The ruling stems from posts Armstrong made in March 2025 falsely accusing O'Leary of murder in connection with a 2019 boating accident....

Polymarket investor Vitalik Buterin says prediction markets need to stop catering to ‘dumb opinions’
Buterin proposed replacing the current speculative model with AI-powered hedging tools that help users offset real-world costs like housing and food. ...

Benchmark cuts Coinbase price target by 37% but says business is ‘more diversified and durable’ than ever
Benchmark's Mark Palmer cut his COIN price target to $267 from $421, citing worsening crypto market conditions, while reiterating a buy rating....

Sens. Warren, Kim demand CFIUS review of UAE’s reported $500 million stake in World Liberty Financial
The request follows a separate House probe launched last week by Rep. Ro Khanna, widening the congressional scrutiny around the Trump-linked firm. ...

X to launch ‘Smart Cashtags’ for in-timeline crypto and stock data within ‘a couple weeks’
Bier also promised forthcoming efforts to cut down on spam posts and apps on X, a stance which has sometimes drawn the ire of crypto traders. ...

Grayscale files to convert AAVE token trust into ETF to list on NYSE Arca
Crypto asset manager Grayscale is looking to convert its closed-ended AAVE trust into an exchange-traded fund....

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....