Sonnet BioTherapeutics has agreed to merge with another firm to launch a HYPE treasury strategy. The new entity, Hyperliquid Strategies, is expected to hold 12.6 million HYPE tokens and $305 million ...

The U.S. Marshals Service reportedly holds slightly over 28,988 BTC, worth about $3.4 billion, as of March, according to a Freedom of Information Act Request filed by independent crypto journalist ...

White House Press Secretary Karoline Leavitt said the Trump administration still supports de minimis tax exemptions for cryptocurrency transactions in future legislation. "The president did signal his ...

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Ondo Finance announced the acquisition of blockchain developer Strangelove, aiming to enhance its onchain capabilities for RWAs. Earlier this month, Ondo Finance and fund manager Pantera Capital said ...

As bitcoin hit its latest in a series of recent all-time highs above $123,000 earlier Monday, analysts at research and brokerage firm Bernstein said they expect a "long and exhausting crypto bull ...

Quick Take Memecoin launchpad Pump.fun raised $600 million through its public sale of PUMP tokens, which fully sold out in just 12 minutes. The platform offered 15% of its total token supply to the ...

Inception's closure comes just days after Eigen Labs laid off 25% of its workforce to focus on its decentralized cloud platform EigenCloud.

Yogita Khatri Yogita Khatri is a senior reporter at The Block and the author of The Funding newsletter. As our longest-serving editorial member, Yogita has been instrumental in breaking numerous ...

Timmy Shen is an Asia editor for The Block. Previously, he wrote about crypto and Web3 for Forkast.News from Taiwan after spending more than three years in Beijing covering finance, entertainment ...

MK Manoylov has been a reporter for The Block since 2020 — joining just before bitcoin surpassed $20,000 for the first time. Since then, MK has written nearly 1,000 articles for the publication, ...

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 ...