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The Block

The Block features breaking Crypto news about Bitcoin, Blockchain, Web3, and DeFi from the web's most reliable source.


02/23/2026 06:04 PM

The Daily: AI agent ‘accidentally’ sends entire memecoin holdings to reply guy, Based raises $11.5M in Pantera-led round, and more

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.


02/23/2026 05:50 PM

Trump’s Board of Peace eyes stablecoin to support digital transactions in Gaza: FT

The Board of Peace is exploring the creation of a stablecoin for Gaza, according to reporting from the Financial Times.


02/23/2026 05:00 PM

Trump-backed World Liberty Financial says USD1 short and social media attack fails as stablecoin briefly dips

USD1 briefly fell to about $0.99707 on Monday morning, a drop that typically would not be considered a stablecoin depeg.


02/23/2026 04:07 PM

Pantera-backed Solana Company kicks off APAC staking infrastructure buildout

Pacific Backbone initiative will develop a high-speed, low-latency network connecting Seoul, Tokyo, Singapore, and Hong Kong.


02/23/2026 03:03 PM

The optimistic case for crypto in 2026, with Bitwise CIO Matt Hougan

Bitwise CIO Matt Hougan says we're in a classic crypto winter but fundamentals are racing ahead of price, and expects recovery by 2027.


02/23/2026 02:59 PM

Bitmine ups Ethereum treasury stake to 4.42 million ETH, now holds 3.66% of supply

Bitmine increased holdings to 4.42 million ETH, controlling 3.66% of supply and generating $171 million staking revenue.


02/23/2026 02:46 PM

Crypto.com secures conditional OCC approval in bid to become a federally regulated bank

Crypto.com has secured conditional approval from the OCC to pursue a federally chartered national bank license in the future.


02/23/2026 01:53 PM

Backpack to offer users access to equity representing 20% of the company via one-year token staking

Backpack said users who stake its token for a year will have the opportunity to exchange them for equity in the company.


02/23/2026 01:39 PM

Australian police charge man over role in alleged $3.5 million crypto investment scam targeting elderly victims

Australian police have charged a 42-year-old man over his role in an alleged $3.5 million crypto scam targeting 190 elderly victims.


02/23/2026 01:06 PM

‘If it’s not going to zero, it’s going to a million’: Michael Saylor’s Strategy buys another 592 bitcoin for $40M

Strategy's holdings account for more than 3.4% of the total 21 million bitcoin supply — worth around $47.5 billion.


02/23/2026 01:00 PM

Hyperliquid web3 ‘SuperApp’ Based raises $11.5 million Series A led by Pantera

The round was structured as an equity investment with token warrants, Based co-founder and CEO Edison Lim told The Block.


02/23/2026 12:23 PM

Global crypto ETP outflows stretch to fifth week as $4 billion exits funds amid ‘growing investor apathy’: CoinShares

Crypto ETP outflows have reached $4 billion over five weeks as trading volumes fell to their lowest level since July 2025, CoinShares said.


02/23/2026 11:26 AM

Bitdeer CEO says bitcoin balance ‘will not always be zero’ as miner eyes land acquisitions after liquidating entire treasury

Bitdeer CEO Jihan Wu said the company's zero-bitcoin balance is not permanent after the miner sold its final 943.1 BTC.


02/23/2026 11:01 AM

Stablecoins could drive $1 trillion in T-bill demand, giving Treasury room to shift issuance: Standard Chartered

Standard Chartered said stablecoin growth could generate up to $1 trillion in new T-bill demand by 2028, potentially reshaping issuance.


02/23/2026 10:12 AM

South Korea’s Hanwha taps Jito Foundation for liquidity staking ETPs

Hanwha Asset Management has partnered with the Jito Foundation to explore JitoSOL-based exchange-traded products in South Korea.


02/23/2026 04:32 AM

Missouri advances bitcoin reserve bill to House committee, reviving crypto treasury push

HB 2080 seeks to create a Bitcoin Strategic Reserve Fund and let the state treasurer receive, invest and hold bitcoin.


02/23/2026 03:03 AM

Bitcoin sinks below $65,000 as macro shocks rattle fragile market: analysts

Nearly $360 million in crypto long positions were liquidated in an hour, according to Coinglass' heatmap based on available data.


02/23/2026 01:50 AM

The Funding: Why TradFi giants like BlackRock are buying DeFi tokens now

BlackRock, Apollo, and Citadel have acquired or agreed to acquire DeFi tokens. Here’s why and what it really signals.


02/22/2026 09:53 PM

AI agent created by OpenAI dev ‘accidentally’ sends entire memecoin holdings to reply guy

The recipient quickly sold the entire stack of Lobstar tokens for a profit of about $40,000, though the same amount of tokens is now worth over $400,000. 


02/22/2026 05:24 PM

Bitdeer’s bitcoin treasury drops to zero after miner liquidates remaining 943 BTC

The liquidation makes Bitdeer the largest publicly traded bitcoin miner by self-mining hashrate to hold no BTC on its balance sheet.



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