Australian regulator takes down Yepbit websites as investors report blocked withdrawals
Australia's ASIC took down Yepbit websites and denied the platform's false claims that the regulator had frozen investor funds.
The Block•Brian Danga12 AugThe Block — page 20
1211 articlestheblock.co ↗
Coverage, page 20
page 20 of 61The Block•Brian Danga12 Aug
FlightAware drops lawsuit against Kalshi one day after filing
The flight tracker previously claimed that Kalshi improperly used its data and trademark to run prediction markets on flight cancellations.
The Block•Timmy Shen12 Aug
Harmony confirms exploit involving unauthorized minting of 4 billion ONE tokens
X user Juiceberg reported earlier that an attacker had minted four billion ONE tokens without authorization.
The Block•Danny Park12 Aug
Bitwise cuts 14% of staff as crypto layoffs mount during market downturn
Bitwise CEO Hunter Horsley told The Block that the crypto asset manager trimmed its global team to around 155 last week.
The Block•Timmy Shen12 Aug
Robinhood Chain hits 11.6 million daily transactions as USDe fuels TVL growth
There is a clear divergence for Robinhood Chain in the number of transactions and TVL growing against a stagnating user base.
The Block•Ivan Wu and Bryan Samsoedin11 Aug
CFTC flexes emergency authority to keep Kalshi operating amid New York lawsuit
The CFTC flexed its emergency authority and ordered Kalshi to keep operating after the platform was sued last month in New York.
The Block•Sarah Wynn11 Aug
Florida man charged by CFTC over $397 million crypto Ponzi scheme
A Florida man is facing fresh charges from the CFTC after the agency says he misappropriated $48 million dollars of customers' money.
The Block•Sarah Wynn11 Aug
ENS Foundation takes administrative control of $65 million Endowment following tokenholder vote
ENS tokenholders voted to transform the ENS Foundation into a fully operational organization with a five-member board and financial power.
The Block•Daniel Kuhn11 Aug
What’s next for the Clarity Act as September brings a tough road ahead
The outlook for crypto legislation is growing increasingly bleak, following Sen. John Thune's move to punt the initial vote to next month.
The Block•Sarah Wynn11 Aug
SEC could propose ‘pivotal’ crypto rules that may start with token safe harbor, TD Cowen says
The SEC’s crypto regulation meeting on Friday could mark the start of a “pivotal” rulemaking process, according to TD Cowen.
The Block•Yogita Khatri11 Aug
New Bitcoin addresses jump as Coldcard exploit pushes users to move funds
The number of new Bitcoin addresses climbed from 260,000 to 330,000, a sharp break from the decline that has held for most of the year.
The Block•Ivan Wu and Bryan Samsoedin11 Aug
From bitcoin bull to ‘complete demolition’: Keel CEO bets on AI’s greater value
In May 2025, Keel's CEO said firm's bitcoin business was “strong” and said company remained “bullish on mining economics."
The Block•RT Watson11 Aug
Twenty One Capital takes $414 million Q2 loss as new CEO plots path to become ‘more than a Bitcoin treasury’
Twenty One’s new CEO lays out plans to build beyond its massive bitcoin treasury after a $414 million loss.
The Block•Kyle Baird11 Aug
Bitcoin slips toward $64,000 as traders await Wednesday’s inflation test
Bitcoin eased toward $64,000 before Wednesday's US CPI report, with analysts split on whether the stall breaks higher or reverses.
The Block•Naga Avan-Nomayo11 Aug
Benchmark sees over 150% upside for Bitdeer on bitcoin mining, AI outlook
Benchmark sees over 150% upside for Bitdeer as bitcoin mining operations fund its $4.7 billion AI data-center buildout.
The Block•Brian Danga11 Aug
eToro agrees to buy TradeZero for up to $231 million as equities drive Q2 growth
Net contribution rose 9% year-over-year to $229 million, driven mainly by stronger equities trading, according to a statement.
The Block•Daniel Kuhn11 Aug
‘Clear scale up path’: Bernstein sees 80% upside for Riot after reported $9.1 billion Anthropic deal
The firm's analysts estimate AI colocation now accounts for 84% of Riot's target enterprise value, versus 11% for bitcoin mining.
The Block•James Hunt11 Aug
Grvt eyes $100 million USDY position in Ondo Finance tie-up
USDY is a tokenized secured note backed primarily by short-term U.S. Treasurys, Treasury-based ETF shares, and bank deposits.
The Block•Daniel Kuhn11 Aug
Trump Media records $360.6 million unrealized loss on digital assets in first half of the year
Trump Media recorded a $360.6M unrealized digital-asset loss in H1. Its directly held BTC and CRO were worth $597.7M at June 30.
The Block•Brian Danga11 Aug
‘One of the single biggest barriers to growth’: UK lawmakers press banks over crypto access ahead of new FCA regime
UK lawmakers have asked banks to explain how the new FCA crypto regime may change their policies toward digital asset firms.
The Block•James Hunt11 Aug