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The Block
@TheBlockCo
Educating the world on crypto.
New York, NY
theblock.co
Joined February 2018
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    The Block
    @TheBlockCo
    22m
    NEW: Binance affiliates are suing RedotPay's founders in Hong Kong, alleging they diverted more than 470,000 customers from Binance Card to a competing product in a "fraudulent scheme," Bloomberg reports. Binance is reportedly seeking about $473 million in damages. RedotPay said
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    The Block
    @TheBlockCo
    47m
    Circle also reported Q2 total revenue and reserve income of $701 million on Wednesday, up 7% year-over-year, with USDC in circulation reaching $73.3 billion. Net income came in at $48 million, while the reserve return rate fell 66 basis points year-over-year to 3.5%, reflecting
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    The Block
    @TheBlockCo
    57m
    THE BLOCK: Circle named 11 founding validators for its Arc blockchain, including BlackRock, Visa, Mastercard, and DTCC, ahead of a Sept. 16 public mainnet launch. BlackRock is expected to deploy BUIDL on Arc, while Circle is collaborating with DTCC to enable the tokenization of
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    The Block
    @TheBlockCo
    1h
    NEW: Bitcoin's seven-day active supply reached its highest level in 2026, with more than 890,000 BTC moved over the past week amid the ongoing Coldcard attack, according to K33. The firm said similar spikes in onchain activity have historically coincided with local market
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    The Block
    @TheBlockCo
    2h
    THE BLOCK: U.S. and UK financial regulators reaffirmed support for responsible digital asset innovation in a joint statement, highlighting ongoing work on stablecoins, tokenization, and payment modernization. The statement follows the latest meeting of the U.S.-UK Financial
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