Zack Abrams is a writer and editor based in Brooklyn, New York. Before coming to The Block, he was the Head Writer at Coinage, a Web3 media outlet covering the biggest stories in Web3. The story he co ...

Synthetix has set its perpetual markets on Arbitrum to close-only mode, meaning traders can no longer open new positions or increase existing ones. The move is part of a strategic pivot by Synthetix ...

The Arbitrum DAO is holding an open vote on an improvement proposal (AIP) to transition Arbitrum One and Arbitrum Nova to the Bounded Liquidity Delay (BoLD) protocol. An official proposal is currently ...

The Hong Kong Monetary Authority said the new incubator aims to help banks manage the associated risks when experimenting with blockchains. A significant focus of the incubator is set to be centered ...

Senate Banking Committee Chair Tim Scott (R-S.C.) said in August that he planned to create a digital-asset-focused panel. The Senate Banking Committee would also have to vote to create that digital ...

Cube Entertainment co-CEO Kang Seung-kon is accused by “Nestree” investors of falsely guaranteeing the return of their initial investment. Alleged victims are considering legal action against Kang, ...

The multinational banking giant has set up a new entity in Luxembourg to serve as a regulatory gateway for the EU, aimed at providing services to EU crypto clients following the implementation of MiCA ...

Sol Strategies (ticker HODL) is raising C$27.5 million by selling a convertible debt instrument to expand its footprint in the Solana ecosystem, according to an announcement on Thursday. The private ...

In a signal of rising bitcoin demand from U.S. investors, the Coinbase bitcoin premium has turned positive for the first time since Dec. 17, 2024, according to analysis from CryptoQuant. Additionally, ...

Ripple’s SVP of stablecoins, Jack McDonald, discussed the company’s plans — and the process — for RLUSD to be listed on more exchanges, including the U.S.-based Coinbase. This week, Bitstamp said it ...

South Korea’s financial regulator is looking to allow institutional investment in cryptocurrencies in stages, according to local media reports. South Korea has effectively banned institutional ...

The EU’s MiCA regulation, now in effect, could increase the adoption of euro-pegged stablecoins, according to JPMorgan analysts. MiCA may set the stage for the U.S. to introduce its own crypto ...