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The Block

Latest news about Cryptocurrency, Blockchain, DeFi, NFTs & DEXs. Live price and charts for Bitcoin, Ethereum and other tokens.
UK court freezes $7.6 million worth of Craig Wright's assets to prevent court cost evasion
UK court freezes $7.6 million worth of Craig Wright's assets to prevent court cost evasion

Quick Take A UK judge approved a so-called ‘worldwide freezing order’ for £6 million ($7.6 million) worth of Craig Wright’s assets. The freezing order is on behalf of Crypto Open Patent Alliance to help cover its $8,471,225 court costs for challenging Wright’s claims that he is Satoshi Nakamoto. The move was triggered by Wright moving some of these assets out of the UK.

The Block·2024/03/29 14:49
Prisma hacker-linked wallets move funds to Tornado Cash post $11 million heist
Prisma hacker-linked wallets move funds to Tornado Cash post $11 million heist

Quick Take Prisma Finance was hacked for over $11.6 million on Thursday. Wallets tied to the hacker have so far routed over $6.5 million to the Tornado Cash mixer.

The Block·2024/03/29 10:21
Ethereum co-founder Vitalik Buterin would like to see 'more good memecoins than bad ones'
Ethereum co-founder Vitalik Buterin would like to see 'more good memecoins than bad ones'

Vitalik Buterin published a new blog post on the topic of memecoins. He noted his general dislike for negative memecoins, adding that he would like to see more “good ones” make positive contributions.

The Block·2024/03/29 09:44
Spot bitcoin ETFs see fourth consecutive day of net inflows to end the month
Spot bitcoin ETFs see fourth consecutive day of net inflows to end the month

The daily total net inflow for the spot bitcoin ETFs in the United States was $183 million as of March 28.The cumulative total net inflow has reached approximately $12.13 billion.Net outflows from the Grayscale Bitcoin Trust continued, with nearly $105 million leaving the product.

The Block·2024/03/29 08:06
Chain abstraction key to mainstream adoption of crypto, says Near Protocol co-founder
Chain abstraction key to mainstream adoption of crypto, says Near Protocol co-founder

Chain abstraction can lower entry barriers for users, Near Protocol’s Illia Polosukhin said. It aims to simplifies the user experience by removing complex blockchain elements.

The Block·2024/03/29 08:00
Taiwan’s crypto sector receives government approval to form industry association
Taiwan’s crypto sector receives government approval to form industry association

Quick Take Taiwan’s Ministry of the Interior has approved the formation of a cryptocurrency industry association. Crypto firms in the country are expected to come up with self-supervisory rules based on guidelines provided by the financial regulator.

The Block·2024/03/29 07:31
Vitalik Buterin emphasizes need for parallelization, internal scaling in Ethereum rollups
Vitalik Buterin emphasizes need for parallelization, internal scaling in Ethereum rollups

Buterin said that rollups will need to scale internally handle increased activity and prevent fee spikes. Parallelization via EIP-648 could allow Layer 2 solutions to process multiple transactions simultaneously.

The Block·2024/03/29 06:45
Google now allows wallet address searches for Bitcoin, Fantom, Arbitrum and others
Google now allows wallet address searches for Bitcoin, Fantom, Arbitrum and others

Quick Take Google recently opened up new functionality to search blockchain data on Bitcoin, Arbitrum, Avalanche, Optimism, Polygon and Fantom networks.

The Block·2024/03/29 02:19
Filecoin protocol Glif set to distribute 75 million points ahead of token launch
Filecoin protocol Glif set to distribute 75 million points ahead of token launch

Quick Take Glif has launched its points program before its token launch. The Filecoin liquid leasing protocol will distribute 75 million points in the program. A source told The Block that Glif plans to convert points to its native token in a 1:1 ratio.

The Block·2024/03/28 19:06
Bitwise files for spot Ethereum ETF amid SEC approval uncertainty
Bitwise files for spot Ethereum ETF amid SEC approval uncertainty

Bitwise filed for a spot ether ETF with the Securities and Exchange Commission amid mounting uncertainty about when the regulator might approve the new financial instrument.Earlier this month, Bitwise CIO Matt Hougan said that spot ether ETFs should ideally be approved later than May.

The Block·2024/03/28 19:29