The Block
Blockchain technology, along with its currencies and markets, is set to form the backbone of the global economy in the future. We are launching a community called The Block, designed for fans of blockchain and cryptoassets. This platform will serve as a gateway to the realm of programmable money, distributed ledgers, and decentralized applications for millions of users. By using token-based rewards, The Block aims to simplify the complexities of blockchain and cryptoassets, making it easier to engage in discussions, access market data, consume media, and learn about this evolving field. We believe that everyone should have the chance to be part of the next major internet revolution powered by blockchains and cryptoassets. The Block is dedicated to providing this opportunity to the next billion participants.
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Articles
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1 day ago |
theblock.co | Naga Avan-Nomayo
Companies • June 5, 2025, 10:40AM EDT Truth Social, the social-media arm of Trump Media & Technology Group, has submitted a Form S-1 registration statement to the U.S. Securities and Exchange Commission for the Truth Social Bitcoin ETF. The fund would hold spot Bitcoin and list on NYSE Arca, tracking the cryptocurrency's market price. The filing comes two days after NYSE Arca lodged a companion Form 19b-4 seeking exchange approval to trade shares of the proposed fund.
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1 day ago |
theblock.co | Naga Avan-Nomayo
On Thursday, a single bitcoin miner claimed 3.15 BTC, worth about $330,386, for mining block 899,826 with a solo-mining setup from CKpool. The miner earned $327,625 in subsidy rewards and some $2,761 in total transaction fees, according to data from Bitcoin explorer Mempool. “Congratulations to miner bc1qa8r4up9nchkvdnhcf9feexv2jfantrk48ef374 who recently ramped up hashrate for solving the 300th block solved at solo.ckpool.org!” Con Kolivas, the CKpool developer, said on X.
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2 days ago |
theblock.co | Daniel Kuhn
Layer 1s • June 4, 2025, 5:03PM EDT The Ethereum Foundation (EF) plans to take a more deliberate approach to spending its substantial ETH reserves, part of a broader shift to double down on Ethereum’s role as the leading platform for decentralized applications, the nonprofit said on Wednesday in a blog post.
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2 days ago |
theblock.co | Daniel Kuhn
People • June 4, 2025, 4:40PM EDT James Wynn, a high-stakes crypto trader who rose to prominence after placing a failed $1.25 billion bet on Bitcoin, lost about 240 BTC, worth roughly $25 million, in a liquidation event on Wednesday, according to LooksOnChain and on-chain data. Wynn also closed part of his position in an attempt to prevent further losses. This is part of Wynn’s second leveraged Bitcoin position taken out for nearly $100 million just days after his highest-profile loss to date.
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2 days ago |
theblock.co | Daniel Kuhn
Deals • June 4, 2025, 2:38PM EDT K Wave Media (ticker KWM), a Nasdaq-listed K-Pop media holding company, is the latest firm to pursue a Bitcoin acquisition strategy, according to an announcement on Wednesday. The firm plans to sell up to $500 million worth of ordinary shares to finance its crypto treasury purchases, M&A activities, and other corporate operations.
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