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The Block • May 17, 2025

Hong Kong police arrest 12 suspected of laundering $15 million through crypto exchange shops

The apprehension of individuals involved in moving $15 million through cryptocurrency channels highlights ongoing efforts to combat financial crimes and reinforces regulatory scrut...

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The Block • May 15, 2025

FTX to begin $5 billion in creditor payouts May 30 under bankruptcy plan

Starting May 30, the insolvent cryptocurrency company FTX will initiate distributions exceeding $5 billion to its creditors through intermediaries, marking a significant step in it...

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The Block • May 08, 2025

Coinbase misses Q1 earnings and revenue estimates as trading activity dips 10%

Coinbase reported lower-than-expected financial results for the first quarter, reflecting a noticeable decline in trading volumes, which contributed to its underperformance compare...

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The Block • May 08, 2025

Coinbase agrees to acquire crypto derivatives exchange Deribit in record $2.9 billion deal

The acquisition, valued at $2.9 billion through a combination of cash and stock, represents a significant expansion for Coinbase into the crypto derivatives market.

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