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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.
05/08/2026 08:25 AM Arbitrum DAO approves $70 million ETH release for Kelp DAO recovery
However, a May 1 court order restricted Arbitrum DAO from moving the recovered funds, prompting Aave to file an emergency motion against it.
05/08/2026 06:24 AM Aptos commits $50 million across ecosystem projects, including agentic AI
Aptos announced a $50 million commitment to grow the blockchain's ecosystem, covering first-party products and protocol infrastructure.
05/08/2026 03:17 AM Solv Protocol drops LayerZero in favor of Chainlink for $700 million tokenized bitcoin
It cited security as the core reason for the migration, in an apparent response to the recent exploit of LayerZero-powered Kelp DAO.
05/08/2026 01:19 AM Hyperliquid Strategies posts $165 million net loss for nine months ended March 31 as HYPE treasury grows
The firm has deployed $216 million to acquire approximately 7.3 million HYPE tokens since its inception in December 2025.
05/07/2026 10:22 PM Coinbase loses nearly $400 million in Q1 as CEO seeks to reduce dependence on spot crypto trading
The company is transforming from a "spot-focused crypto platform to a place" where users can trade many asset classes.
05/07/2026 10:16 PM Dorsey’s Block raises full-year guidance after ‘strong’ Q1, records $173 million bitcoin remeasurement loss
Cash App's bitcoin business was down 31% year-over-year, while Square reported a negligible gross profit impact from crypto.
05/07/2026 10:11 PM IREN stock surges as Nvidia backs AI expansion with warrants tied to 30 million shares
Alongside the AI infrastructure expansion, Nvidia took warrants that may eventually convert into a $2.1 billion stake in IREN.
05/07/2026 09:01 PM JPMorgan says bitcoin is gaining over gold as debasement trade after Iran conflict
Investors are increasingly choosing bitcoin over gold as a debasement trade since the Iran conflict began, JPMorgan analysts said.
05/07/2026 07:35 PM Benchmark calls Bitdeer ‘comparatively inexpensive’ as it reiterates $27 price target for BTDR shares
Bitdeer’s AI cloud ARR hit $43 million as of end-March, a 105% jump month-over-month, as its self-mining hashrate continues to grow.
05/07/2026 06:50 PM ZachXBT accuses projects like LAB of ‘highly questionable price action’, posts $10,000 bounty for info on alleged market manipulation
ZachXBT has called out several projects for alleged manipulation, most recently including the AI trading terminal project called LAB.
05/07/2026 06:21 PM Bitcoin bulls ‘approaching the ceiling’ near $85K resistance with $1.69B ETF inflow streak and macro tailwinds aligned: analysts
Bitcoin trades near $81,000 after clearing key on-chain thresholds, with Glassnode flagging $85,200 as the next ceiling.
05/07/2026 06:08 PM Treasury demands Binance comply with monitoring guidelines amid reports over $1 billion flowed to Iran-linked groups: report
Binance is required to comply with monitoring program as part of pleading guilty to charges in 2023 related to sanctions and money laundering.
05/07/2026 04:39 PM JPMorgan says Strategy’s bitcoin buying could reach $30 billion this year at current pace
Michael Saylor's Strategy has added 145,834 bitcoin worth around $11 billion so far this year, JPMorgan analysts noted.
05/07/2026 04:02 PM Crypto ETF boom continues with debut of first fund to track Canton
A new crypto exchange-traded fund has entered the chat — the 21shares Canton Network ETF made its debut on Nasdaq Thursday.
05/07/2026 03:56 PM AWS taps Coinbase and Stripe to power USDC payments for AI agents
In the growing agentic economy, stablecoins are emerging as a key payment rail because of their low cost and programmability.
05/07/2026 03:00 PM Kalshi hits $22 billion valuation after $1 billion raise led by Coatue
Kalshi reached a $22 billion valuation after a $1 billion Series F, as institutional volume surged 800% since November 2025.
05/07/2026 02:55 PM Bitwise to take over Superstate’s $267 million tokenized Crypto Carry Fund
USCC will be renamed the Bitwise Crypto Carry Fund while keeping the same ticker, smart contracts, and token address.
05/07/2026 02:26 PM Kraken parent Payward to acquire Hong Kong stablecoin firm Reap for $600 million
Kraken parent Payward agreed to buy Hong Kong stablecoin payments firm Reap Technologies for $600 million in another acquisition.
05/07/2026 02:07 PM Mysten Labs’ Abiodun says Sui processed over $1 trillion in stablecoin volume since August as it eyes free, private payments
Sui processed over $1 trillion in stablecoin volume since August as Mysten Labs' Abiodun eyes a zero-fee and private payments rollout.
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