The Block is a crypto news, research, and data media platform based in the United States, co-founded by Mike Dudas and Jake McGraw and launched in March 2018. The Block's Twitter Score is 741 out of 1000 (an Excellent rating) as of August 2026, placing it at rank #93 (top 0.1%) of 483,944 tracked accounts, with 590,699 followers as of August 2026 and 55,071 posts.
The Block was previously backed by Greycroft, Pantera Capital, BlockTower Capital, and Bloomberg Beta, raising approximately $4 million in early seed funding. Foresight Ventures acquired over 80% of its equity at a $70 million valuation in November 2023, with much of that capital used to buy out a stake tied to undisclosed loans from Alameda Research. The Block co-launched GMCI, a digital asset indices provider, in February 2024, in partnership with Wintermute; the flagship product, GMCI 30, tracks the top 30 crypto assets by market capitalization.
The Block went through significant leadership changes beginning in December 2022, when former CEO Michael McCaffrey resigned after disclosure that he had received approximately $43 million in undisclosed personal loans from Alameda Research between 2021 and 2022. Sam Bankman-Fried, who controlled Alameda Research, was subsequently convicted of seven fraud charges. In March 2023, research head Larry Cermak was named CEO and about 27 employees were laid off simultaneously, with Evgeny Gaevoy, CEO of Wintermute, joining the board following that restructuring. In June 2025, Larry Cermak transitioned to President, with Kaleb Jessee succeeding him as CEO.
The Block has been mentioned by 382 accounts, with 723 total mentions across the platform.
Who follows The Block on X?
The accounts that follow The Block include 2,802 founders, 685 angel investors, 1,278 influencers and 179 VCs, among them Solana, vitalik.eth, Toly, ZachXBT, Arthur Hayes and Laura Shin.