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The Block

Latest news about Cryptocurrency, Blockchain, DeFi, NFTs & DEXs. Live price and charts for Bitcoin, Ethereum and other tokens.
MoviePass taps Layer 1 network Sui to launch USDC stablecoin payments
MoviePass taps Layer 1 network Sui to launch USDC stablecoin payments

Quick Take Sui, the Layer 1 network based on Meta’s defunct blockchain experiment, is partnering with MoviePass to offer users the ability to pay for the movie subscription platform using Circle’s USDC stablecoin.

The Block·2024/09/16 16:00
Circle's USDC stablecoin becomes available in Brazil and Mexico
Circle's USDC stablecoin becomes available in Brazil and Mexico

Quick Take The move allows the direct conversion of Brazilian Reas and Mexican Pesos into USDC, omitting the need to convert the fiat currencies into USD.

The Block·2024/09/16 16:00
IoTeX collaborates with Polygon Labs to integrate with AggLayer for cross-chain DePIN liquidity
IoTeX collaborates with Polygon Labs to integrate with AggLayer for cross-chain DePIN liquidity

Quick Take DePIN infrastructure platform IoTeX is collaborating with Polygon Labs to integrate its IoTex 2.0 blockchain with AggLayer. The integration is designed to enable IoTeX-based projects to distribute rewards and allow users to settle on a chain of their choice.

The Block·2024/09/16 16:00
a16z CSX fund and Lemniscap lead $5.2 million seed round for Fermah
a16z CSX fund and Lemniscap lead $5.2 million seed round for Fermah

Quick Take Bankless Ventures, Longhash Ventures, P-OPS team, Public Works, ZK Validator and others provided additional support. Fermah aims to tackle issues related to zero-knowledge (ZK) proofs by acting as a marketplace for ZK proof generation.

The Block·2024/09/16 16:00
Lens network to use Avail's data availability solution for scalability
Lens network to use Avail's data availability solution for scalability

Quick Take Lens Protocol has partnered with Avail to integrate its data availability solution into the upcoming network.

The Block·2024/09/16 16:00
Crypto market volatility is rising as Fed rate decision approaches: analysts
Crypto market volatility is rising as Fed rate decision approaches: analysts

Ahead of the U.S. Federal Reserve’s interest rate decision on Wednesday, QCP Capital analysts report rising cryptocurrency market volatility.Interest rate traders have adjusted their expectations and are now betting the Fed will announce a 50 basis-point cut at Wednesday’s FOMC meeting.

The Block·2024/09/17 11:11
BlackRock’s IBIT clocks first daily net inflows in three weeks as spot Bitcoin ETFs attract $12.8 million
BlackRock’s IBIT clocks first daily net inflows in three weeks as spot Bitcoin ETFs attract $12.8 million

BlackRock’s IBIT generated positive flows on Monday for the first time in three weeks as spot Bitcoin ETFs witnessed a combined $12.8 million in net inflows.Meanwhile, spot Ethereum ETFs returned to daily net outflows of $9.4 million.

The Block·2024/09/17 10:09
WalletConnect set to airdrop 185 million WCT with native token launch
WalletConnect set to airdrop 185 million WCT with native token launch

Quick Take WalletConnect is launching its native Connect Token on Optimism’s OP Mainnet. A total of 185 million WCT will be airdropped to users, CEO Jess Houlgrave told The Block.

The Block·2024/09/16 16:00
FTX sues exploiter who filed bankruptcy claim, Scaramucci, Storybook Brawl developers, and others to recoup funds
FTX sues exploiter who filed bankruptcy claim, Scaramucci, Storybook Brawl developers, and others to recoup funds

Quick Take FTX has filed some 25 lawsuits seeking to claw back funds from various individuals that received funds from FTX, including Anthony Scaramucci, the team behind StoryBook Brawl, an exploiter who siphoned hundreds of millions of dollars from FTX, and the head of a bank that received a massive investment. The exploiter, despite allegedly profiting hundreds of millions of dollars from FTX while it was in operation, filed a bankruptcy claim with his personal information for $13 million stranded on the

The Block·2024/11/08 16:00
ParaFi ex-partner's Inversion Capital will give a crypto makeover to traditional businesses
ParaFi ex-partner's Inversion Capital will give a crypto makeover to traditional businesses

Quick Take Web3 investor and ex-ParaFi Capital partner Santiago Roel Santos announced the launch of Inversion Capital, a new private equity fund designed to acquire traditional businesses and transform their operations by adopting crypto.

The Block·2024/11/08 16:00