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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.
02/28/2026 05:52 PM Judge blocks Binance from pushing class action suits over token sales into arbitration
The case traces back to a wave of class action lawsuits filed in April 2020 against major crypto exchanges and token issuers.
02/28/2026 03:47 PM Fresh accounts netted $1 million on Polymarket hours before US airstrikes on Iran: Bubblemaps
One trader who made over $2 million in recent months betting against the strikes lost $6.5 million in a single day after the U.S. and Israel attacked Iran.
02/27/2026 10:40 PM SEC is seeking to regain crypto ground following ‘missed opportunity,’ Chairman Atkins says
The SEC is working to regain momentum on crypto after what Atkins described as a “big missed opportunity” under the prior administration.
02/27/2026 10:14 PM Morgan Stanley doubles down on crypto, files for bank charter to custody digital assets and offer staking: Bloomberg
Morgan Stanley filed for a de novo national trust bank charter that would allow it to custody digital assets, according to Bloomberg.
02/27/2026 09:24 PM Former Mt. Gox CEO proposes hard fork to recover $5.2 billion in bitcoin from 2011 theft
The proposal acknowledges it would require a coordinated network upgrade and could risk a chain split if parts refuse to adopt the change.
02/27/2026 07:10 PM Block’s Square unit stands to gain most from Dorsey’s AI pivot, analysts say
Block reported impressive financial results and guidance, illustrating building financial momentum, according to William Blair.
02/27/2026 06:37 PM The Daily: Jack Dorsey’s Block cuts 40% of staff amid AI strategy, Barclays explores blockchain settlement, Senate Democrats urge Binance probe, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
02/27/2026 05:06 PM MoonPay unveils PYUSDx framework for app-specific stablecoins tied to PayPal USD
The rollout deepens MoonPay’s push to position itself as backend infrastructure for fintech and AI builders, not just an onramp.
02/27/2026 04:59 PM Senate Democrats urge AG Bondi and Treasury Sec. Bessent to probe Binance amid sanctions concerns
Senate Democrats are urging AG Pam Bondi to investigate Binance following reports that the crypto giant may be violating sanctions laws.
02/27/2026 03:48 PM Barclays exploring blockchain settlement tools as banks brace for stablecoin growth: Bloomberg
Barclays has previously invested in stablecoin settlement infrastructure and consortium efforts, signaling an infrastructure-first approach rather than direct token issuance.
02/27/2026 02:32 PM US strike force freezes and seizes over $580 million in crypto tied to Chinese crime networks
U.S. officials said they froze and seized roughly $580 million in cryptocurrency linked to Chinese scam networks targeting Americans.
02/27/2026 02:16 PM South Korea tax service reveals crypto wallet recovery phrase in press release, seized tokens moved in suspected breach: report
The incident adds to a string of crypto custody failures involving South Korean authorities in recent months.
02/27/2026 01:31 PM The surge of RWAs, AI and tokenized equities, with Galaxy and Ondo
DeFi leads at Ondo and Galaxy Digital discuss how AI agents will reshape DeFi trading and why this bear is bullish.
02/27/2026 01:00 PM Bitcoin options traders bet on $90K rebound as analysts flag early signs of market base forming
Derive said options positioning and easing downside skew show traders cautiously preparing for a potential bitcoin recovery.
02/27/2026 11:31 AM ZKsync sets May 4 deprecation date for Lite as project consolidates around Era
ZKsync said it will deprecate ZKsync Lite on May 4, freezing the network and shifting focus to Era and ZK Stack.
02/27/2026 10:36 AM Minnesota introduces bill to ban crypto kiosks after wave of elder fraud cases
Minnesota lawmakers considered bill to ban crypto kiosks after testimony detailed $80,000 elder fraud case and overseas transfers.
02/27/2026 10:28 AM ‘We like it more,’ Bernstein says after Figure posts 156% jump in Q4 profit
Bernstein analysts said Figure delivered "solid" fourth-quarter results, backing their outperform rating and $72 price target.
02/27/2026 04:40 AM SBI Holdings unveils trust bank-backed JPY stablecoin with Q2 launch target
SBI Holdings and Startale Group unveiled a yen-denominated stablecoin, JPYSC, with issuance managed by SBI Shinsei Trust Bank.
02/27/2026 03:28 AM TeraWulf posts higher revenue, wider loss in 2025 as AI, HPC pivot accelerates
Nasdaq-listed TeraWulf said its total revenue reached $168.5 million in 2025, up 20.3% from the prior year.
02/26/2026 10:35 PM MARA swings to $1.7 billion Q4 loss on bitcoin markdown, shares jump 15% after Starwood AI deal
A steep accounting loss tied to bitcoin’s price decline overshadowed gains, but MARA is betting its future on AI-driven revenue.
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