The Block News Feed

ICYMI: Asia & EMEA news recap from James Hunt at The Block 👇 📈 Bitcoin tops $63K Bitcoin climbed back above $63,000 in what analysts described as a classic oversold relief rally. 🔗 Link 🛡 Zcash details vulnerability fix ZODL founder Josh Swihart shared new details on how the team patched a critical flaw in Zcash's Orchard shielded pool. 🔗 Link 💸 ETFs lose $1.72B U.S. spot bitcoin ETFs recorded $1.72 billion in net outflows last week, the largest weekly withdrawal since February 2025. 🔗 Link 🤔 Bernstein backs bitcoin thesis Bernstein said bitcoin's slower cycle and weaker retail participation do not change its long-term store-of-value case. 🔗 Link 🇬🇧 UK weighs crypto ETNs The FCA proposed allowing authorized investment funds to allocate up to 10% of assets to crypto ETNs. 🔗 Link 💰 Strategy buys 1,550 BTC Strategy acquired another 1,550 BTC for $101.3 million, increasing its holdings to 845,256 BTC. 🔗 Link ✍️ Industry backs Clarity Act More than 200 organizations, including Coinbase and Ripple, urged Senate leaders to bring the Clarity Act to a vote. 🔗 Link 🦊 MetaMask launches AI wallet MetaMask is set to roll out a non-custodial wallet for AI agents this summer. 🔗 Link 💵 Bitmine adds more ETH Bitmine increased its treasury by 126,971 ETH, bringing total holdings to 5.54 million ETH. 🔗 Link

ICYMI: Asia & EMEA news recap from James Hunt at The Block 👇 ⚠️ Critical Zcash bug discovered A vulnerability could have allowed attackers to mint unlimited counterfeit ZEC. 🔗 Link 📉 Zcash selloff deepens ZEC fell more than 50% as liquidations surpassed $100M. 🔗 Link 🏦 Major banks plan tokenized deposits JPMorgan, Citi, and others are targeting a 2027 launch. 🔗 Link 🇰🇷 Polymarket faces scrutiny in Korea Police reportedly opened an investigation into local users. 🔗 Link 🤔 Grayscale questions Strategy demand Analysts said additional buyers may be needed to support BTC prices. 🔗 Link 🇭🇰 Hong Kong expands tokenization efforts Leading banks joined a new group focused on tokenized bonds. 🔗 Link 😠 CME CEO warns on perpetual futures Terry Duffy called the products a potential risk to retail traders. 🔗 Link 💸 Crypto ETFs break outflow streaks Bitcoin and ether ETFs posted combined inflows after weeks of withdrawals. 🔗 Link