The Block - 2026-05-27
8 items collected.
1. Cash App lets users send USDC stablecoins on chains like Solana and Ethereum
Author: RT Watson
Published: 5/27/2026, 9:07:59 PM
Categories: Companies
Cash App users can now transfer on Solana, Ethereum, Polygon and Arbitrum, but executive Miles Suter says the firm is still bitcoin-focused.
2. White House starts review of CFTC’s prediction markets rulemaking as Trump backs agency authority
Author: Sarah Wynn
Published: 5/27/2026, 8:52:43 PM
Categories: Legal, Policy, Regulation, U.S. Policymaking, 2024 Elections, CFTC, Congress
The White House is reviewing proposed prediction market rules as President Trump throws his support behind the CFTC.
3. Bitcoin miner-to-AI boom sends stocks soaring as Cipher and Hut 8 hit fresh highs
Author: Kyle Baird
Published: 5/27/2026, 8:47:19 PM
Categories: Companies, Crypto Infrastructure, Equities, Markets, Public Equities, The Block, AI HPC, bitcoin-miners, Mining Companies
IREN climbed within 10% of a fresh all-time high after unveiling another major AI infrastructure expansion tied to Dell.
4. TD Cowen says Trump’s CFTC prediction markets post unlikely to change legal fight
Author: Yogita Khatri
Published: 5/27/2026, 8:10:00 PM
Categories: Companies, Crypto Ecosystems, Finance firms, Legal, Markets, Policy, Regulation, U.S. Policymaking, Web3, CFTC, Congress, Crypto, Investment Firms, Lawsuits, Sanctions
The future of prediction markets will likely be decided by the Supreme Court, while states still appear to hold the advantage, TD Cowen said.
5. Falcon Finance taps Anchorage to issue new GENIUS-compliant payments stablecoin fUSD
Author: Daniel Kuhn
Published: 5/27/2026, 8:00:11 PM
Categories: Companies, Crypto Ecosystems, Crypto Infrastructure, Deals, Infrastructure, Policy, Regulation, Stablecoins, U.S. Policymaking, OCC
Falcon said fUSD is meant to act as a “regulated counterpart” to its existing overcollateralized synthetic stablecoin USDf.
6. Kraken expands Earn suite with Bitcoin Vault paying yield on BTC holdings
Author: Kyle Baird
Published: 5/27/2026, 4:19:32 PM
Categories: Companies, Exchanges, The Block
Bitcoin Vault routes deposits into DeFi lending protocols, including Aave and Morpho, to generate BTC rewards.
7. Aztec Labs acquires ZKPassport, pledges to keep privacy protocol and iOS mobile app open-source
Author: Daniel Kuhn
Published: 5/27/2026, 4:00:00 PM
Categories: Crypto Ecosystems, Deals, Infrastructure, Layer 2s and Scaling, Mergers & Acquisitions, Web3, Decentralized Infrastructure, Developer tools, Identity, Private Company Mergers and Acquisitions, Rollups, zkEVM
The Obsidion team, including co-founders Michael Elliot and Theo Madzou, will join Aztec Labs to continue developing ZKPassport.
8. Tokenized Pokémon card marketplaces hit record $7.4 million as hype peaks ahead of 30th anniversary
Author: Ivan Wu and Bryan Samsoedin
Published: 5/27/2026, 3:16:02 PM
Categories: Crypto Ecosystems, Metaverse & NFT, NFT brands, NFT Collections, Web3, Tokenization
On-chain Pokémon card revenue has surged 337% as 30th-anniversary mania lifts tokenized markets.