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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.
11/28/2025 05:01 PM The Daily: Upbit flags private key vulnerability, MegaETH to return funds from pre-deposit campaign, Do Kwon requests 5-year jail cap, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
11/28/2025 02:27 PM Unpacking the Clarity Act — The Crypto Beat Policy Special
The Block's policy reporter Sarah Wynn and Moto Legal founding partner Chris Elias join The Crypto Beat to unpack the Clarity Act.
11/28/2025 12:31 PM Europe’s largest asset manager Amundi tokenizes money market fund on Ethereum
The initiative was launched with CACEIS, which provides blockchain-based transfer agent infrastructure and a 24/7 digital order platform.
11/28/2025 11:29 AM Upbit says emergency audit of $30M hack uncovered internal wallet flaw that could let attackers derive private keys
Upbit said it discovered a vulnerability that could have allowed attackers to infer private keys from onchain wallet data.
11/28/2025 09:30 AM Animoca Brands to focus on stablecoin, RWA in 2026 amid US IPO efforts
Animoca is planning to go public on the Nasdaq next year through a reverse-merger with Singapore-based Currenc Group.
11/28/2025 08:44 AM Balancer plans to distribute $8 million in recovered funds from $128 million exploit
Six white hat actors recovered $3.86 million during the attack, but some declined to receive bounties as they do not want to be identified.
11/28/2025 05:37 AM BitMine buys $44 million worth of Ethereum as Tom Lee gives bullish outlook
BitMine Chair Tom Lee said Ethereum could possibly trade between $7,000 and $9,000 by the end of January 2026.
11/28/2025 03:51 AM North Korea’s Lazarus Group suspected in $30 million Upbit hack: report
Upbit initially reported a loss of 54 billion won ($36.8 million) but later revised the figure down to 44.5 billion won ($30.4 million).
11/28/2025 03:15 AM Do Kwon requests 5-year prison term cap in $40 billion Terra fraud case
In August, Kwon pleaded guilty to fraud charges stemming from the May 2022 collapse of Terraform Labs' Terra ecosystem.
11/28/2025 02:33 AM MegaETH to return all funds from pre-deposit bridge, citing ‘sloppy’ execution
Tuesday's pre-deposit event faced outages, changes in deposit cap, and a misconfigured multisig transaction.
11/27/2025 05:31 PM Kalshi doubles valuation in weeks amid prediction market duopoly bet with Polymarket
Prediction markets have quickly become one of the hottest private market themes in crypto and fintech, echoing earlier cycles.
11/27/2025 05:01 PM The Daily: Upbit suffers $37 million hack, SpaceX moves over $100 million in bitcoin, Infinex plans token sale on Sonar, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
11/27/2025 02:07 PM Inside Infinex: Kain Warwick on building a ‘superapp’ to solve crypto’s UX problems
Infinex founder Kain Warwick joined The Big Brain Podcast to discuss tackling crypto's UX problems, fundraising, Crypto Twitter dynamics, and building a "superapp."
11/27/2025 02:05 PM Kain Warwick’s Infinex builds on $67.7 million Patron NFT round with Sonar sale ahead of INX’s 2026 TGE
Infinex has unveiled its Sonar token sale ahead of a January Token Generation Event, expanding access to INX beyond its $67.7 million Patron NFT sale.
11/27/2025 11:35 AM Ethereum raises block gas limit to 60M as ecosystem throughput hits new records ahead of Fusaka upgrade
Ethereum increased its block gas limit to 60 million after securing majority validator support days before the Fusaka upgrade.
11/27/2025 11:30 AM ‘A rainy island with a hostile tax system is a hard sell’: Crypto industry reacts to UK Chancellor’s budget statement
Crypto industry figures welcomed pro-entrepreneur measures but warned that wider tax and regulatory pressures could hurt UK competitiveness.
11/27/2025 08:38 AM Australia moves to fold crypto platforms into financial licensing regime
Australia's Treasury submitted a new bill to parliament on Wednesday, seeking to require financial licenses for certain crypto platforms.
11/27/2025 08:34 AM Ark Invest loads up on Coinbase as Cathie Wood predicts ‘real break’ in inflation
Cathie Wood forecasted that the current liquidity squeeze will reverse in the near term, and said inflation may end next year.
11/27/2025 04:18 AM Naver and Upbit to pour $7 billion into AI, blockchain following mega-merger: reports
Naver and Upbit plan to build a financial infrastructure that builds on top of AI and blockchain, according to multiple local reports.
11/27/2025 04:08 AM Upbit suffers $37 million hack on Solana assets, halts withdrawals
Upbit identified 540 billion won worth of abnormal withdrawal of various assets on the Solana network from the platform.
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