Multicoin predicts HYPE hits $319 by 2028 as Hyperliquid turns into an ‘everything exchange’
According to the investment firm, Hyperliquid's user base grew from roughly 300,000 to 923,000 during 2025.
The Block•RT Watson25 JunThe Block — page 51
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Coverage, page 51
page 51 of 61The Block•RT Watson25 Jun
Coinbase-incubated Base suffers mainnet chain stall interrupting block production
Deposits and withdrawals have also been affected, while transactions are delayed or stalled, according to Base's status page.
The Block•Daniel Kuhn25 Jun
Sophon sunsets its Layer 2 blockchain, moves to Base to build consumer apps
Sophon, which has raised $70 million in total funding, is shutting down its Layer 2 blockchain and moving to Base to build consumer apps.
The Block•Yogita Khatri25 Jun
Bitcoin rout leads Strategy’s STRC to slide 26% below par as MSTR shares hits 16-month low
For the past year, Strategy has been issuing and tapping preferred securities like STRC to raise capital for additional bitcoin purchases.
The Block•Kyle Baird25 Jun
Tether-pegged USDT0 stablecoin crosses $100 billion transaction volume milestone
USDT0, backed 1:1 by tethers, the largest stablecoin by market capitalization, is the third-largest holder of USDT.
The Block•Daniel Kuhn25 Jun
‘Stablecoin’ Google searches down 54% as supply growth stalls after 2025 boom
The decline in search volumes this month coincides with aggregate stablecoin supply having reversed its 10-month expansion.
The Block•Ivan Wu and Bryan Samsoedin25 Jun
Four arrested in Poland over crypto SIM-swap attacks; ZachXBT links ‘Merry’ to case
ZachXBT alleges threat actor 'Merry' is among those detained by Polish authorities in a crypto SIM swap and money laundering investigation.
The Block•Naga Avan-Nomayo25 Jun
Spark, Uniswap build stablecoin ‘FX Layer’ seeded with $150 million liquidity migration
Spark is establishing a "liquidity foundation" for the new pool by migrating $150 million from its USDS ecosystem to Uniswap v4.
The Block•Daniel Kuhn25 Jun
‘Waiting for buyers’: Bitcoin holds fragile $60K floor ahead of $10.6B quarterly expiry
Bitcoin fell to the low $60,000s ahead of a $10.6B June 26 quarterly expiry as $469M in ETF outflows and negative gamma weigh on sentiment.
The Block•Naga Avan-Nomayo25 Jun
SBI Holdings agrees to acquire Japanese crypto exchange Bitbank in $288.6 million deal
SBI Holdings agreed to acquire Bitbank for $288.6 million, with the transaction expected to close around October 2026.
The Block•Brian Danga25 Jun
Half of UK wealth advisors say most clients’ crypto sits outside their oversight as 61% of European peers face firm restrictions: CoinShares
CoinShares survey found 52% of UK advisors report most clients' crypto exposure sits outside their oversight, with firm policy a key driver.
The Block•Naga Avan-Nomayo25 Jun
Kraken expands OTC lending through an onchain warehouse facility with Maple
Maple’s lenders will provide a revolving line of funding to supply USDC liquidity for Kraken's over-the-counter borrowers.
The Block•Daniel Kuhn25 JunThailand issues arrest warrant for Chinese businessman tied to $28 million illegal crypto mining probe: report
Chinese businessman Wang Yicheng was accused of involvement in illegal crypto mining operations that used $28 million worth of electricity.
The Block•Brian Danga25 Jun
South Korea fines Bithumb for sharing user data overseas without consent
South Korea ordered Bithumb to pay roughly $136,000 in penalties for violating personal information protection rules.
The Block•Danny Park25 Jun
CoinEx processed $3.8 billion in Iran-linked funds, acting as crypto gateway: TRM Labs
CoinEx has also interacted with terrorist organizations, including the Islamic Revolutionary Guard Corps, and sanctioned Russian entities.
The Block•Danny Park25 Jun
Ripple launches RLUSD stablecoin in Japan after regulatory approval
Ripple's RLUSD stablecoin is available through SBI VC Trade for both institutional and retail users in the country.
The Block•Timmy Shen25 Jun
Kalshi in talks to raise funds at $40 billion valuation: FT
Kalshi's reported valuation reflects the firm's rapid growth, as it reported a $5 billion valuation last October.
The Block•Danny Park25 Jun
Bitcoin miners face deepening margin squeeze as revenue falls below production costs
An estimated 20% of miners are now unprofitable at current prices, and the stress shows up at the network level, too.
The Block•Ivan Wu and Bryan Samsoedin24 Jun
Who gets a direct line to the Fed? Congress weighs risks of Fed ‘skinny accounts’ for crypto and fintech firms
As the Fed considers granting firms access to "skinny" accounts, lawmakers debated how much access those companies should have.
The Block•Sarah Wynn24 Jun
Pump.fun offers up to $5 million salary for chief legal officer role
The position covers everything from SEC oversight to MiCA rules and U.K. regulations, and offers a salary between $1 million and $5 million.
The Block•Kyle Baird24 Jun