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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.
04/23/2026 08:33 PM Lido proposes allocating up to $5.8 million in staked ETH to back Kelp exploit shortfall
The proposal follows last week's roughly $292-million exploit that hit Kelp DAO’s rsETH bridge,
04/23/2026 07:35 PM 3F, built on Morpho, raises $4 million to offer leveraged exposure to tokenized assets
3F has raised $4 million in funding led by Maven 11, with participation from Fidelity-affiliated F-Prime, GSR, and others.
04/23/2026 06:48 PM Bitmine’s ETH staking passes 70% of holdings after latest $320 million push
Ethereum treasury firm Bitmine has staked roughly 3.5 million ETH, worth more than $8 billion, out of its roughly 5.08 million ETH holdings.
04/23/2026 06:04 PM US sanctions Cambodian senator alleged to be behind crypto scam centers as crackdown widens
Over 500 "fraudulent web domains used to perpetuate cryptocurrency investment fraud" were also seized, OFAC said.
04/23/2026 05:31 PM MegaETH hits first KPI with 10 apps live, starts seven-day MEGA token countdown
MegaETH tied 53.3% of its total token supply to performance-based KPIs rather than fixed time-based vesting schedules.
04/23/2026 04:24 PM ‘Rally on trial’: Bitcoin breakout faces key $80,000 test as whales, ETF investors buy into volatility
Analysts say bitcoin's rally still faces a stiff test from profit-taking, macro risk and a crowded resistance zone.
04/23/2026 03:57 PM JPMorgan says DeFi exploits and stagnant TVL continue to limit institutional appeal
JPMorgan said persistent hacks appear to push investors toward Tether's USDT, as users move funds out of DeFi during stress.
04/23/2026 03:49 PM Microsoft venture unit supports public rollout of AI builder for Base applications
Space and Time, the blockchain data solution supported by Microsoft, secures the data layer underneath Dreamspace.
04/23/2026 02:25 PM Tether freezes $344 million in USDT on Tron after wallets flagged by US authorities
Tether says it froze $344 million in USDT on Tron in coordination with OFAC and U.S. law enforcement, one of the largest freezes on record.
04/23/2026 02:09 PM US military running Bitcoin node to test national security applications, admiral tells Congress
Adm. Paparo told Congress that the U.S. military is running a Bitcoin node to test how the protocol can support national security.
04/23/2026 02:04 PM Pantera among investors pushing bitcoin treasury firm Satsuma to sell $50 million hoard: Bloomberg
Pantera backs shareholder push for Satsuma to sell $50 million bitcoin hoard after 99% stock plunge, according to Bloomberg.
04/23/2026 01:30 PM Circle chief economist floats higher USDC rates on Aave amid KelpDAO fallout
Circle Chief Economist Gordon Liao proposed raising USDC borrowing rates on Aave to ease post-KelpDAO liquidity strains.
04/23/2026 11:30 AM ‘Timely action is critical’: Crypto industry presses Senate to act as US market structure talks drag on
Crypto trade groups and dozens of digital asset firms urged the Senate Banking Committee to hold a markup on market structure legislation.
04/23/2026 09:37 AM Blockchain Capital seeks $700 million for two new funds: Bloomberg
Blockchain Capital could complete the fundraising in five to six months, Bloomberg reported, citing a source familiar with the matter.
04/23/2026 08:14 AM Uzbekistan launches special crypto mining zone with 10-year tax holiday
The initiative seeks to attract investments, create new jobs, and promote the use of renewable energy resources in crypto mining.
04/23/2026 06:06 AM MetaMask Co-founder Dan Finlay announces departure from Consensys
Finlay highlighted the launch of Advanced Permissions, which allows dApps to execute multiple transactions on behalf of a MetaMask user.
04/23/2026 05:58 AM Kalshi penalizes three US congressional candidates for wagering on own campaigns
Kalshi's regulatory documents showed that the candidates involved were Mark Moran, Matt Klein, and Ezekiel Enriquez.
04/23/2026 02:59 AM SocialFi app Believe founder arrested on strangulation charges following rug pull lawsuit
Pasternak is also facing a civil class-action lawsuit where investors of Believe's native token are accusing him of orchestrating a rug pull.
04/22/2026 11:51 PM Sam Bankman-Fried withdraws new trial motion for now, says he won’t get ‘fair hearing’ from judge
SBF withdrew his motion for a new trial for now in a letter to Judge Lewis Kaplan, adding that he didn't think he would get a "fair hearing."
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