The Block

@TheBlockCo

Educating the world on crypto.

New York, NY

Joined February 2018

Pinned
The Block
@TheBlockCo
Aug 27
Most layer-1s still fund validators by taxing holders with inflation. Avalanche Foundation economists want inflation at zero — and validators paid from value the chain actually captures. "What if we could lower inflation to zero and give them the value that they captured?
00:00
The Block
@TheBlockCo
46m
THE BLOCK: The U.S. Court of Appeals for the Ninth Circuit rejected Kalshi's argument that the federal government, under the Commodity Exchange Act, regulated sports event contracts. "The panel concluded that the CEA likely does not preempt Nevada’s gaming regulations as
The Block
@TheBlockCo
1h
THE BLOCK: Users on X are reporting a possible Avici exploit that has drained more than $650,000 from user accounts so far. The Solana-based neobank's token $AVICI has fallen more than 45% over the past hour.
The Block
@TheBlockCo
2h
THE BLOCK: Solana governance votes have wrapped: SGP-0002 passed, accelerating SOL’s disinflation by doubling the annual reduction in issuance to 30%. SGP-0003, which would have increased $SOL fee burns, failed to reach the two-thirds threshold.
The Block
@TheBlockCo
4h
THE BLOCK: Bitwise's Solana staking ETF (BSOL) has surpassed $1 billion in assets under management, becoming the first Solana ETF to reach the milestone roughly 10 months after launch. The broader $SOL ETF category has attracted $1.7