The Block - 2026-07-17
4 items collected.
1. Bank of America taps new leaders to bridge crypto, AI and traditional finance
Author: Kyle Baird
Published: 7/17/2026, 9:08:02 PM
Categories: Companies, Crypto Ecosystems, Finance firms, Markets, Web3, AI, Crypto, TradFi banks
Sonali Theisen was named head of BofA's global digital assets platform, while Kevin Milsom was tapped to serve as head of AI transformation
2. CryptoQuant says Strategy still needs disciplined bitcoin buying and selling framework
Author: Yogita Khatri
Published: 7/17/2026, 8:01:43 PM
Categories: Companies, Crypto Ecosystems, Layer 1s, Markets, Public Equities, Token Projects, Bitcoin, Strategy
CryptoQuant said Michael Saylor's Strategy still needs still needs clearer rules for when to buy and sell bitcoin.
3. FTX to distribute roughly $900 million to creditors in fifth wave of payouts
Author: RT Watson
Published: 7/17/2026, 6:27:59 PM
Categories: Bankruptcy, Companies, Exchanges, Bankruptcy Filings, FTX
So far the company's bankruptcy estate has distributed nearly $10 billion to creditors and other claimants since repayments began in 2025.
4. Trezor exec pushes back on ZachXBT claim that hardware wallets are ‘complete garbage’
Author: Kyle Baird
Published: 7/17/2026, 6:13:25 PM
Categories: Companies, Crypto Ecosystems, Crypto Infrastructure, Infrastructure, Tech, Web3, Hardware, Wallet Makers, Wallets
"I do not advise using them for important tasks like signing transactions or storing funds," ZachXBT wrote this week.