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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.
12/08/2025 06:59 PM HYPE token treasury Hyperliquid Strategies rolls out $30 million stock repurchase program
Hyperliquid Strategies, which filed for a $1 billion shelf registration in October to fund its HYPE treasury, approved a stock repurchase program.
12/08/2025 06:14 PM The Daily: Robinhood’s expansion plans, BlackRock’s staked Ethereum ETF filing, Strategy’s biggest Bitcoin buy since July, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
12/08/2025 04:44 PM BitMine reports $13.2 billion in holdings as ETH treasury expands after November slowdown
Tom Lee said BitMine is seeing improving market conditions roughly eight weeks after October’s liquidation shock.
12/08/2025 04:39 PM Binance post confirming insider trading sends ‘year of the yellow fruit’ meme token even higher
The suspected token, called "year of the yellow fruit," was promoted using official Binance channels just seconds after it was issued onchain.
12/08/2025 03:51 PM Yearn Finance details $9 million yETH exploit, confirms partial recovery and outlines remediation plan
DeFi protocol Yearn Finance has detailed how a multi-phase numerical bug and unsafe math enabled an exploiters steal rought $9 million in assets.
12/08/2025 03:33 PM Circle partners with Bybit in push to drive USDC adoption outside Coinbase ecosystem
Bybit will increase USDC’s presence across its ecosystem by boosting liquidity in spot and derivatives markets.
12/08/2025 03:00 PM Tether-backed payments startup Oobit expands into US
The tap-to-pay payments firm is partnering with B2B2C turnkey provider Bakkt to operate across all 50 states.
12/08/2025 02:38 PM BlackRock moves to add staked Ethereum ETF with fresh SEC filing
BlackRock is seeking the Securities and Exchange Commission's sign-off for a staked Ethereum exchange-traded fund.
12/08/2025 02:11 PM SEC ends Biden-era investigation into Ondo Finance without charges, firm says
The resolution comes as U.S. policymakers reassess digital asset regulation and begin formally evaluating tokenized securities.
12/08/2025 02:00 PM Stable, a Bitfinex-backed Layer 1 using Tether’s USDT for gas, launches mainnet and native token
The project also launched the Stable Foundation — a new independent organization set up to shepherd the Stable blockchain.
12/08/2025 01:06 PM Michael Saylor’s Strategy buys another 10,624 bitcoin for $963 million as treasury holdings reach 660,624 BTC
Strategy's holdings account for more than 3% of the total 21 million bitcoin supply — worth around $60 billion.
12/08/2025 01:06 PM Crypto VC Paradigm bets $13.5 million on stablecoin startup Crown in first Brazil investment
Crown says its Brazilian real-pegged stablecoin has become the world's largest emerging market stablecoin.
12/08/2025 01:01 PM Robinhood targets savvy crypto traders with lower fees, more leverage for XRP, SOL and DOGE futures
The company said events like October's Black Friday are causing traders to migrate from other exchanges to Robinhood in a “flight for safety.”
12/08/2025 12:57 PM Ripple’s $500 million share sale included investor protections guaranteeing profits: Bloomberg
Ripple's $500 million raise involved terms that ensured profits for backers like Citadel and Fortress, Bloomberg reported.
12/08/2025 11:01 AM Vitalik Buterin pushes for trustless gas futures market to hedge Ethereum fees, sparking debate over feasibility
Researchers and builders shared doubts over whether Buterin's idea for a trustless onchain gas futures market could function effectively.
12/08/2025 10:47 AM Global crypto ETPs log $716 million in weekly inflows amid easing negative sentiment: CoinShares
It marks the second consecutive week of inflows alongside outflows from short ETPs, hinting at easing negative sentiment, CoinShares said.
12/08/2025 09:15 AM Argentina weighs allowing domestic banks to offer crypto services
Its central bank is examining changes to its existing ban that prohibits banks from trading crypto or offering crypto-related services.
12/08/2025 05:48 AM Robinhood to enter Indonesia by acquiring local crypto trading firm
Robinhood said it is buying Indonesian brokerage PT Buana Capital Sekuritas and digital asset trader PT Pedagang Aset Kripto.
12/08/2025 05:42 AM Farcaster shifts focus to wallet service over social app, citing growth potential
In its 4.5-year run, Farcaster failed to find a sustainable growth mechanic in the social app, co-founder Dan Romero said.
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