The Block news
Crypto stories we collected from The Block, newest first, each linking back to the original article.
Strive’s bitcoin gains drive $509 million Q3 profit as BTC buying ramps up
2026-11-07
Strive’s bitcoin stash reached 43,124 BTC as its shares continued to slide despite a profitable third quarter.
Aave Labs buys Avon team in fixed-rate lending push
2026-11-06
Aave Labs acquired the team and technology of Avon, an onchain fixed-rate and floating-rate lending protocol.
TeraWulf’s bitcoin mining revenue falls 69% as HPC leasing surges amid Anthropic buildout
2026-11-06
TeraWulf reported $63 million in artificial intelligence-related quarterly HPC lease revenue, up 774% year over year.
Hypercall to launch first Anthropic-linked pre-IPO options market
2026-11-06
Trading is expected to begin Monday, with calls, puts and more complex strategies available in select non-US jurisdictions.
Crypto ETFs see over half a billion dollars in outflows amid post-midterm market slide
2026-11-06
U. S. spot crypto ETFs slumped back to net outflows on Thursday, with more than $540 million in withdrawals across major products.
Nigeria’s central bank introduces stablecoin licensing rules, bans algorithmic versions
2026-11-06
Nigeria's central bank issued new virtual asset regulations requiring stablecoin issuers and other service providers to obtain local licenses.
Kalshi hit with injunction over sports contracts on California tribal lands
2026-11-06
A federal judge has granted the preliminary injunction to bar Kalshi from offering sports contracts on the lands of two California tribes.
Zcash’s major network upgrade NU7 goes live on mainnet, cutting block time by threefold
2026-11-06
NU7 also activates the Network Sustainability Mechanism, which removes 60% of each block's transaction fees from circulation.
IREN’s bitcoin mining revenue drops 58% as firm plans full exit by year-end
2026-11-06
IREN has been shifting its focus to the AI infrastructure business, and its AI cloud revenue rose 182% in the past quarter to $200 million.
Ark Invest buys more Coinbase as shares plunge 10% in wider market rout
2026-11-06
Cathie Wood's Ark Invest bought $2.44 million worth of Coinbase on Thursday as the stock plunged 9.69% amid a broader sell-off.