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The Block

Latest news about Cryptocurrency, Blockchain, DeFi, NFTs & DEXs. Live price and charts for Bitcoin, Ethereum and other tokens.
Ripple approved as Virtual Asset Service Provider by Central Bank of Ireland
Ripple approved as Virtual Asset Service Provider by Central Bank of Ireland

Quick Take Ripple is now a registered Virtual Asset Service Provider in Ireland, expanding its crypto footprint in Europe. The registration paves the way for Ripple to offer digital asset services across the European Economic Area under upcoming MiCA regulations.

The Block·2023/12/20 13:06
China pledges to boost NFT, decentralized application development despite crypto trading ban
China pledges to boost NFT, decentralized application development despite crypto trading ban

Quick Take China’s industrial ministry said it plans to formulate strategy documents to boost NFT and decentralized app development.

The Block·2023/12/20 09:22
Ark Invest resumes Coinbase selling spree, offloads $5.5 million more COIN
Ark Invest resumes Coinbase selling spree, offloads $5.5 million more COIN

Ark Invest sold another 34,261 Coinbase shares on Tuesday — worth around $5.5 million — following the $59 million in COIN it sold last week.COIN reached new yearly highs yesterday.Ark also offloaded Robinhood shares, selling 121,100 ($1.6 million).

The Block·2023/12/20 08:37
FTX debtors settle with Bahamian subsidiary, agree to synchronize bankruptcy proceedings across jurisdictions
FTX debtors settle with Bahamian subsidiary, agree to synchronize bankruptcy proceedings across jurisdictions

Quick Take “The Global Settlement Agreement reflects a novel and mutually-beneficial solution to the complex cross-border legal issues raised by the circumstances of the collapse of the FTX group,” the debtors said in a statement.

The Block·2023/12/20 03:51
Galaxy Digital's assets under management triple as it eyes holdings of other bankrupt crypto firms: Financial Times
Galaxy Digital's assets under management triple as it eyes holdings of other bankrupt crypto firms: Financial Times

Quick Take Galaxy’s Digital’s assets under management tripled within the last year from $1.7 billion to $5.3 billion, the Financial Times reports.

The Block·2023/12/20 03:51
Zcash founder Zooko Wilcox steps down from Electric Coin CEO role
Zcash founder Zooko Wilcox steps down from Electric Coin CEO role

Quick Take The founder of the privacy-focused cryptocurrency Zcash, Zooko Wilcox, is stepping down from role as CEO of Electric Coin Co. Josh Swihart, the SVP of Growth for Electric Coin Company and Zcash’s development firm, has become the new CEO.

The Block·2023/12/20 03:51
Ordinals-based Tap Protocol raises $4.2 million to develop on Bitcoin
Ordinals-based Tap Protocol raises $4.2 million to develop on Bitcoin

Quick Take Tap Protocol, a Bitcoin Ordinals-based development platform, raised $4.2 million in a round led by Sora Ventures. German-based parent company Trac Systems plans to use the investment to enable more types of applications on Bitcoin, from gaming to DeFi.

The Block·2023/12/20 03:13
Do Kwon extradition approval canceled by Montenegro court
Do Kwon extradition approval canceled by Montenegro court

Quick Take A Montenegro court has canceled the approval of Do Kwon’s extradition to South Korea and the U.S. Last week, Bloomberg reported that Do Kwon’s detention in Montenegro was extended until mid-February amid his extradition appeal.

The Block·2023/12/20 03:01
BlackRock's proposed spot bitcoin ETF gets a ticker in latest filing with SEC
BlackRock's proposed spot bitcoin ETF gets a ticker in latest filing with SEC

Quick Take BlackRock’s proposed spot bitcoin exchange-traded fund now has a ticker: IBIT. Updated filing includes new language about the fund’s creation and redemption model.

The Block·2023/12/20 03:01
Federal judge approves settlement between CFTC and Binance
Federal judge approves settlement between CFTC and Binance

Quick Take Under the settlement, former CEO Changpeng Zhao will have to pay $150 million, with a third of that paid within the next 30 days, according to the order signed on Dec. 14 by Judge Manish Shah in the U.S. District Court for the Northern District of Illinois.

The Block·2023/12/20 03:01