Ethereum staking hits record as yields fall and Solana activity grows: Bitwise
A record 43.8 million ETH, nearly 36% of supply, was staked in Q3 as yields fell to 2.63%. Solana staking hit a record 440.5 million SOL.
Publisher
The Block
76stories collected
76newsLatest stories
OKX is putting its money where its mouth is with new protection plan: Former NY Gov. Cuomo
OKX debuted OKX Shield in the U.S. on Tuesday, in what former New York Gov. Andrew Cuomo says is a sign of trust.
Mastercard opens early access to AI agent payments following pilots with Coinbase, Base and Cloudflare
Mastercard opened early access to Agent Pay for Machines after pilots with Coinbase, Base, Cloudflare, and other partners.
Blockchain.com rolls out crypto options as it pursues US derivatives licenses
Blockchain.com now offers call and put options on BTC, ETH, SOL, HYPE, AVAX, XRP and TRX, with expiries up to one week.
Injective partners with BDACS to bring Korean won stablecoin to RWA ecosystem
The move comes amid South Korea's regulatory developments to establish a framework for Korean won-denominated stablecoins.
Stablecoins move over $400 million per hour on average as off-hours transfers dominate, Coinbase and The Block study finds
Stablecoins are on track to reach $1.5 trillion in quarterly adjusted transfer volume by the end of 2027 at current growth rates, according to the report.
Swiss regulator FINMA approves country’s first spot bitcoin ETF for retail investors
FINMA approved Switzerland's first retail bitcoin ETF, following earlier crypto ETP listings and a fund restricted to qualified investors.
BlackRock’s IBIT Bitcoin ETF draws $665 million inflow, highest since October 2025
Min Jung, associate researcher at Presto Research, said investors could be positioning for a potential 'catch-up trade' in bitcoin.
Blockchain Association says Treasury’s GENIUS Act rollout needs clearer DeFi, foreign issuer rules
The group filed comments on Treasury's proposed rule implementing the GENIUS Act, which governs who can issue and sell payment stablecoins.
BlackRock files for bitcoin ETF offering downside protection and upside exposure to IBIT
One of the world's largest investment managers, BlackRock has filed for another bitcoin fund, marking its third tied to the asset.
Mesh taps Visa to let users spend crypto without a separate card
Mesh and Visa will let users spend crypto and stablecoin balances from wallet apps, with no need to sell or transfer assets first.
Mastercard unveils Stablecoin Security tool to screen payments for fraud and sanctions risks
Mastercard unveiled Stablecoin Security, a risk screening service launching in North America before planned global availability in 2027.
Galaxy’s AI data center business is undervalued amid CoreWeave debt concerns, StoneX says
StoneX reiterates Buy and $57 target on GLXY, saying the market undervalues its Helios AI data center despite CoreWeave debt worries.
SkyAI sells off entire Solana treasury as it launches $201 million buyback
SkyAI holds $223.8 million in cash after selling all its SOL, with its $3 buyback running through Oct. 29.
AnchorWatch Trust Company launches bitcoin custody service with up to $370 million in insurance per client
AnchorWatch launched Nevada-chartered bitcoin custody with a $10,000 monthly fee cap and optional insurance of up to $370 million per client.
Strive scoops up another 1,223 bitcoin for $100 million as total holdings reach 36,818 BTC
Strive paid approximately $81,734 on average per bitcoin, adding to the 2,822 BTC it had acquired earlier last week.
Bitmine adds 12,535 ETH as treasury reaches 6.04 million tokens
Bitmine bought 12,535 ETH last week, lifting its treasury to 6.04 million tokens and total investment holdings to $15.1 billion.
‘We found room for more orange’: Michael Saylor’s Strategy buys another 267 bitcoin for $22 million
Strategy's BTC holdings account for around 4% of the total bitcoin supply, with $5.9 billion in paper gains.
Revolut secures Gibraltar crypto licence to support international expansion plans
Revolut secured a Gibraltar DLT licence for a new entity to support its international crypto expansion strategy.
JPMorgan expands ‘JPM Coin’ deposit token to Ethereum for institutional clients
The USD-denominated deposit token now supports peer-to-peer transfers within the Ethereum Virtual Machine ecosystem, including Base.
World launches World ID suite for banks, makes Zoom deepfake check generally available
World ID for Zoom is generally available after a beta that began in April, and is designed to spot deepfaked participants on Zoom calls.
Crypto.com, Novig sue Missouri over sports event contracts; Kalshi, Polymarket, Robinhood hold off
Kalshi, Polymarket, Robinhood and Underdog, which also received cease-and-desist orders, have not filed suits in Missouri, according to court records.
Cysic suspends bridge after attacker mints tokens and moves $727,000 to Ethereum
The attacker, after minting 10 million CYS, managed to bridge about $727,000 in proceeds to Ethereum through Mayan, deBridge and SWFT's Bridgers.
CoreWeave, Broadcom, Verizon among nine companies objecting to tokenized trading of their shares on OKXICE
Applied Optoelectronics told the WSJ it objected because it was unsure how tokenization would affect its stock price, liquidity and volatility.
Turkey confirms Hex founder Richard Heart’s arrest, says police seized $7.15 million and six cold wallets
Police reportedly seized $7.15 million in cash, six cold wallets, seven firearms and 1,400 rounds of ammunition in searches of 15 addresses.
Strive’s bitcoin buying spree earns 27% price target hike from TD Cowen
Strive plans fresh funding for bitcoin purchases as TD Cowen sees warrant-related stock pressure easing.
Coinbase to power stablecoin-backed cards for Marqeta customers
The expanded partnership builds on Marqeta’s work powering Coinbase’s U.S. debit card offering in 2020.
Circle details USDC revenue split, says $819 million went to partners and costs in H1 2026
Circle breaks down its USDC revenue: about $1.4 billion in H1 2026, $819 million to partners and transaction costs, $473 million reinvested.
How Ethereum Works
The focus is how Ethereum works under the hood: how it tracks and updates state, how transactions flow through the network, how computation is priced through gas, how smart contracts and token…
OpenAI says research model spent another wallet’s testnet ETH without authorization on coding task
OpenAI's research model used another wallet's testnet ETH without permission to complete a coding task in June.
Visa Direct moves USDC prefunding into commercial production with Inyo Global
Visa Direct has brought USDC prefunding into commercial production with Inyo Global as its first commercial enabler.
Google demonstrates quantum computing breakthrough as observers weigh Q-day implications
Google demonstrated "magic state cultivation," potentially helping address one of quantum computing's most significant bottlenecks.
Capital B posts wider H1 net loss of $78 million on bitcoin impairment charge
The company attributed roughly €67.5 million ($75.9 million) of the loss to an additional bitcoin impairment charge.
US federal judge denies joint Gemini-CFTC bid to undo $5 million settlement
The court noted that Gemini voluntarily settled three weeks before trial and that policy changes do not warrant reopening the judgment.
MSCI finalizes index rules that put Strategy, crypto treasury firms at risk of exclusion
MSCI's new non-operating company rules could exclude Strategy, Metaplanet and SharpLink. The final list of affected firms is due Nov. 11.
Farcaster acquired by Balaji’s Network School, with new ‘social smart contract’ for users
Balaji Srinivasan's Network School acquired Farcaster from Neynar. Users must sign a "social smart contract" or drop to read-only access.
CleanSpark and BitFuFu see bitcoin production slip in September as Canaan remains flat
CleanSpark is ending monthly mining reports, while BitFuFu faces uncertainty over its Ethiopia deal.
Multiliquid, a settlement platform for tokenized assets, raises $8 million
Multiliquid has raised $8 million across its pre-seed and seed rounds, with Polychain leading the seed round.
DeFi Development boosts CHAD dividend to 14% amid push to grow Solana holdings
DeFi Development is raising the dividend rate on its CHAD preferred stock to 14% from 13% as it taps CHAD sales to grow its Solana treasury.
Ripple Prime adds RWA swaps referencing perpetual futures listed on Hyperliquid
Ripple Prime has added RWA perpetual swaps tied to equities, ETFs, metals, energy and currencies, with 24/7 trading and settlement.
From the blog
Explainers
admin1 min read
Bitcoin ETFs explained in five minutes
A demo article for this edition — edit or remove it any time.
admin1 min read
Guidesadmin1 min read
How to read an on-chain dashboard
A demo article for this edition — edit or remove it any time.
admin1 min read