The Block - 2026-05-29
6 items collected.
1. US has seized nearly $1 billion in crypto from Iran, Bessent says
Author: Jason Shubnell
Published: 5/29/2026, 8:03:45 PM
Categories: Legal, Markets, People, Policy, U.S. Policymaking
Earlier this year, Treasury Secretary Scott Bessent said the U.S. had seized "nearly $500 million" in Iranian crypto assets.
2. JPMorgan CEO Jamie Dimon blasts Coinbase’s Brian Armstrong, plans to fight Clarity Act
Author: RT Watson
Published: 5/29/2026, 5:52:02 PM
Categories: Crypto Ecosystems, People, Policy, Clarity Act, jamie-dimon
Dimon said Coinbase's Armstrong is spending hundreds of millions of dollars trying to get Clarity Act passed.
3. Texas appoints CleanSpark exec, bitcoin miner CEO to Strategic Bitcoin Reserve committee
Author: Kyle Baird
Published: 5/29/2026, 3:11:50 PM
Categories: Policy, The Block, U.S. Policymaking, bitcoin reserve
Texas is seeking a custodian to transition reserve assets from Blackrock's IBIT into direct bitcoin holdings.
4. CFTC opens door for crypto perpetual future contracts in US as Coinbase, Kalshi move forward
Author: Sarah Wynn
Published: 5/29/2026, 2:45:57 PM
Categories: Legal, Markets, Policy, Regulation, U.S. Policymaking, CFTC
The CFTC opened the doors for perpetual futures contracts, giving way for Kalshi and Coinbase to offer those products.
5. Sui blockchain suffers more downtime following Thursday’s six-hour outage
Author: Daniel Kuhn
Published: 5/29/2026, 2:20:38 PM
Categories: Crypto Ecosystems, Layer 1s, Security
Sui was offline for 5 hours and 55 minutes on Thursday due to a bug in the blockchain's latest "1.72 release."
6. Wintermute extends trading infrastructure into prediction markets
Author: Brian Danga
Published: 5/29/2026, 2:07:28 PM
Categories: Companies, Crypto Infrastructure, Kalshi, polymarket, prediction-markets
Wintermute extends trading infrastructure into prediction markets as multibillion-dollar sector draws institutional liquidity providers.