Timmy Shen
Timmy Shen is an Asia editor for The Block. Previously, he wrote about crypto and Web3 for Forkast.News from Taiwan after spending more than three years in Beijing covering finance, entertainment business and current affairs at Caixin Global and Chinese tech at TechNode. His China-related reporting has also appeared in The Guardian. When he's not chasing headlines, you'll find him savoring hot pot and shabu shabu in a Taipei local haunt. Timmy holds an MS degree from Columbia University Graduate School of Journalism. Send tips to [email protected] or get in touch on X/Telegram @timmyhmshen.
50 articles
ICE CEO Discusses Collaborations with Hyperliquid for On-Chain Perpetual Futures
Intercontinental Exchange (ICE) CEO Jeffrey Sprecher reveals that the company has engaged in multiple discussions with Hyperliquid to explore opportunities in the on-chain perpetual futures market, according to The Block. This dialogue follows earlier interactions involving ICE and Chicago Mercantile Exchange (CME) on the Hill regarding Hyperliquid.
last month·The Block·Reported by Timmy Shen
Bitcoin Drops Below $73,000 Amid Significant ETF Outflows
Bitcoin's price fell below $73,000 as spot Bitcoin exchange-traded funds (ETFs) experienced their largest outflows since January. The Block reports that IBIT, an ETF focused on Bitcoin, recorded its biggest daily net outflow to date.
last month·The Block·Reported by Timmy Shen
US Charges Google Engineer for Insider Trading on Polymarket
On March 4, 2026, a Google engineer, Spagnuolo, faces charges of fraud and money laundering, with the CFTC alleging insider trading violations linked to his profits on Polymarket, a prediction market platform, according to The Block.
last month·The Block·Reported by Timmy Shen
Singapore Charges Former CEO of Hodlnaut Over Misleading Claims
Singapore authorities have filed charges against the former CEO of Hodlnaut for allegedly making misleading statements regarding the company's stability following the 2022 collapse of TerraUSD, according to The Block.
last month·The Block·Reported by Timmy Shen
China's Supreme Court Examines Crypto Judicial Framework
China's Supreme Court is considering new judicial rules for cryptocurrency in response to a rise in related legal cases, as reported by The Block. This initiative follows a February notice that intensified the nation's crackdown on crypto activities.
last month·The Block·Reported by Timmy Shen
Bitget Launches RWA Platform Reality for Tokenized Stocks and ETFs
Bitget has introduced its Reality platform, designed for tokenizing select U.S. stocks and exchange-traded funds (ETFs) as part of its trading ecosystem, according to The Block. This move signals the exchange's aim to expand its offerings in the asset tokenization space.
last month·The Block·Reported by Timmy Shen
Hyperliquid Launches Validator-Governed Prediction Markets
Hyperliquid introduces automated prediction markets for real-world events managed by validators, according to The Block. These markets aim to enhance decentralized finance (DeFi) applications by providing more reliable forecasting mechanisms.
last month·The Block·Reported by Timmy Shen
Tether Plans GELT Stablecoin Launch with Georgian Government Support
Tether announces plans to launch the GELT stablecoin, aimed at facilitating cross-border commerce within Georgia. The initiative aligns with emerging U.S. stablecoin regulations, according to The Block.
last month·The Block·Reported by Timmy Shen
Bitcoin Whale Transfers 2,650 BTC Worth Over $200 Million
A significant bitcoin holder, referred to as a miner from the Satoshi era, has moved approximately 2,650 BTC to crypto trading firms FalconX and Cumberland, according to The Block. The transfers occurred on Sunday and involved multiple transactions.
last month·The Block·Reported by Timmy Shen
Polymarket Plans Regulatory Push for Japan Entry by 2030
Polymarket seeks to enter the Japanese market, aiming for regulatory approval by 2030, as reported by Bloomberg. The prediction market platform has appointed a regional representative to facilitate this move.
2 months ago·The Block·Reported by Timmy Shen
Ark Invest Purchases $4.4 Million in Bullish Shares Amid Stock Recovery
The Block reports that Ark Invest, led by Cathie Wood, has purchased $4.4 million worth of Bullish shares over two days. The acquisitions occurred across three of its exchange-traded funds (ETFs) following a five-day decline in the stock's value.
2 months ago·The Block·Reported by Timmy Shen
AI Financial Reports $271 Million Loss, Raises Survival Concerns
AI Financial has reported a quarterly net loss of $271.5 million for the period ending on March 28, according to The Block. This significant loss contrasts sharply with a much smaller net loss of $2.4 million during the same quarter last year, raising questions about the firm's future viability.
2 months ago·The Block·Reported by Timmy Shen
AEON Secures $8 Million from YZi Labs to Develop AI Settlement Layer
AEON has raised $8 million in funding led by YZi Labs to construct a settlement layer that facilitates interactions between artificial intelligence (AI) agents, according to The Block.
2 months ago·The Block·Reported by Timmy Shen
Verus-Ethereum Bridge Exploit Results in Loss of $11.6 Million
An exploit has led to the draining of $11.6 million from the Verus-Ethereum bridge, according to Peckshield's findings, as reported by The Block. The breach involved the theft of 103.6 tBTC, 1,625 Ether (ETH), and 147,000 USD Coin (USDC).
2 months ago·The Block·Reported by Timmy Shen
Forward Industries Reports 319% Revenue Growth Amid Losses Linked to Solana Holdings
Forward Industries reports a substantial 319% year-over-year increase in quarterly revenue, totaling $13 million, according to The Block. However, the firm also experienced a wider net loss during the same period, attributed to markdowns in Solana assets.
2 months ago·The Block·Reported by Timmy Shen
Bit Digital’s Q1 Revenue Falls 14% Due to Reduced Ethereum Staking Rewards
Bit Digital reported $27.9 million in revenue for Q1 2026, marking a 13.6% decline from Q4 2025. The drop is primarily attributed to lower Ethereum staking rewards, according to The Block. This decline reflects challenges in the crypto mining and staking sectors amid broader market shifts.
2 months ago·The Block·Reported by Timmy Shen
Bank of England Reviews Stablecoin Regulations
The Block reports that Bank of England Deputy Governor Sarah Breeden announced a reevaluation of proposed stablecoin regulations due to industry feedback. The central bank is considering adjustments to its framework amid ongoing discussions about the role of stablecoins in the financial system.
2 months ago·The Block·Reported by Timmy Shen
BitGo Reports $3.8 Billion Revenue in Q1, Despite Growing Net Loss
According to The Block, BitGo, a cryptocurrency infrastructure provider, announced a 112.6% increase in revenue for Q1 2023, totaling $3.8 billion. However, the company's net losses have also widened during the same period.
2 months ago·The Block·Reported by Timmy Shen
