Hyperliquid leapfrogs Bybit, Kraken and OKX in open interest as Q3 positions grow 80%
Hyperliquid’s share of open interest reached 11.7% across the platform and eight major centralized rivals.
Latest from The Block
Headlines from leading crypto publishers, updated every 15 minutes. Each item shows a short summary from the publisher's own feed and links to the full original story. Our own reporting is in Latest news.
Kraken parent Payward posts 66% drop in Q3 adjusted EBITDA, plans US prediction markets and personal finance AI agent
Kraken parent Payward’s third-quarter adjusted EBITDA fell about two-thirds year over year to $60 million, while funded accounts grew 37%.
Tether-backed Twenty One Capital reports $1.09 billion Q3 net income on bitcoin gains
Twenty One Capital reported $1.09 billion in Q3 net income, driven by Bitcoin gains, while posting a $4.8 million operating loss.
Ethereum and Layer 1s Explained
Ethereum 101 explains how Ethereum made blockchains programmable. It covers smart contracts, accounts and the EVM, ETH and gas fees, Proof of Stake, network upgrades, and how alternative Layer 1s trade off security, decentralization and scalability.
From $6 to $6.9 million: Two dormant Bitcoin addresses wake up to move 100 BTC after more than 16 years
Two Bitcoin whale addresses moved 100 BTC worth $6.89 million after more than 16 years of dormancy on Friday.
UK, Singapore, and Thailand central banks complete foreign exchange settlement trial linking traditional and tokenized systems
Three central banks published findings from a cross-border FX settlement trial using Partior's synchronization prototype.
Thailand seeks $148,000 daily cap on certain stablecoin transfers to curb money laundering
The draft rules also require that stablecoins be transferred only between accounts or wallets belonging to the same person.
JPMorgan reports 36% rise in Strategy share holdings and $540 million in BlackRock’s bitcoin ETF
JPMorgan reported 224,545 more Strategy shares in the third quarter as its BlackRock bitcoin ETF holdings climbed to 11.4 million shares.
Bitcoin tumbles below $69,000 as Nvidia turmoil adds to Fed-driven market jitters
A total of $798 million in crypto positions has been liquidated over the past four hours, including $718.5 million in long positions.
TRM Labs launches new service to help police seize stolen crypto in minutes
The new service is built on the Beacon Network, which has more than 200 members covering 80% of crypto trading volume.
White House sends crypto-relevant picks to fill SEC and CFTC seats
Crypto Council for Innovation's Ji Kim said this bipartisan lineup could develop durable rules that safeguard markets and support innovation.
Bitcoin falls to 12-week low, Strategy and Metaplanet to lose MSCI index membership, and more
In today's newsletter, bitcoin falls to 12-week low as Jensen Huang's exit from Nvidia rattles markets; Strategy, Metaplanet to lose MSCI index membership on Nov. 30; and more.
DOJ moves to seize $1.2 billion from Binance hack, disrupts North Korean deepfake scheme
DOJ got court approval to seize $1.2B stolen from Binance by North Korea's TraderTraitor & took down the FaceStealer deepfake scam.
Avalanche Owns Five Percent of Tokenized Stocks
One Venue, One Chain Over this past week, three U.S. tokenized stock venues picked three different blockchains to launch on. The WSJ reported Monday that NYSE chose Avalanche as the sole settlement chain for its planned 24/7 platform.
NYDFS sets fresh advertising standards for crypto firms
NYDFS issued guidance outlining expectations for crypto firms to establish policies and procedures governing advertising and marketing.
Bitcoin falls to 12-week low as Jensen Huang’s exit from Nvidia rattles markets
Bitcoin fell as low as $71,200 as Jensen Huang quit Nvidia and MSCI confirmed Strategy's removal, with $750M in crypto positions liquidated.
Exodus’ ‘cost reset is real’ as payments offset crypto wallet slowdown, StoneX says
Payments generated $10.9 million in Q3, while Exodus cut staff and restarted U.S. payment card issuance.
Visa adds Western Union’s USDPT stablecoin to its settlement network in Anchorage tie-up
Anchorage Digital and Visa will support select Anchorage-issued stablecoins as settlement assets on VisaNet, starting with USDPT.
Unocoin ‘login suspension’ continues as exchange flags outgoing BitGo ETH transactions
Indian crypto exchange Unocoin flagged outgoing BitGo ether transactions as a multi-day login suspension continues.
Tether Gold issuer follows USDT to complete Big Four audit
KPMG U.S. gave Tether Gold issuer TG Commodities a clean opinion on its 2025 accounts, according to Tether.
Andreessen Horowitz, DeFi Education Fund push back against Illinois crypto tax
Crypto industry heavyweights are banding together to challenge Illinois over its controversial crypto tax.
DTCC plans to bring tokenized securities to Solana in second half of 2027
DTCC plans to add Solana to its tokenization service in the second half of 2027, alongside Canton and Besu.
SoFiUSD goes live on Polygon as bank-issued stablecoin expands reach
SoFiUSD went live on Polygon, adding the network alongside Ethereum and Solana for SoFi's more than 17 million members.
Securitize and Ethena’s $100 million BlackRock BUIDL liquidity facility goes live
Securitize & Ethena Labs launch a $100M liquidity facility letting eligible BUIDL holders swap into USDC and other stablecoins 24/7.
BNY taps Figment to support staking on its digital asset custody platform
Figment will provide validator infrastructure for institutional staking through BNY's existing Digital Asset Custody service.
BitGo expands institutional stablecoin minting and redemption platform with USDC
BitGo's institutional clients can now mint and redeem USDC through Go Accounts, with orders handled through its Circle Mint account.
Tron, Tether and Chainalysis form new alliance to tackle AI-powered crypto crime
The trio launched a joint initiative called the "Digital Crime Task Force" to combat illicit crypto activities.
Sygnum launches ETH Alpha Fund targeting 8% to 10% annual returns in ETH
Sygnum's market-neutral fund pairs staking with options, arbitrage and carry strategies, targeting 8%–10% annual returns paid in ETH.
Ethlabs proposes advancing Ethereum’s post-quantum to 2027, citing AI acceleration
The group said it aims to make Ethereum post-AI by 2027 as well, resistant to cryptographic risks that AI development is bringing.
Bitcoin traders raise odds of sub-$70,000 Christmas, Bitmine reports $6.3 billion annual net loss, and more
In today's newsletter, bitcoin 'ripe for a squeeze' as traders raise odds of sub-$70,000 Christmas; Bitmine reports $6.3 billion annual net loss as ether falls 44%; and more.