Meta Faces Tough Market Response as AI Investments Surge and Metaverse Losses Continue
Meta’s shares dropped 15% in after-hours trading following announcements in April of plans for significant…
Day: 25 April 2024
S&P Global Report: New Legislation Could ‘Boost’ US Stablecoin Landscape
According to a report from S&P Global Ratings, the introduction of the Lummis-Gillibrand Payment Stablecoin…
Block Unveils Bitcoin Conversion Feature for Square Merchants
On Wednesday, Block, the financial services firm, disclosed that merchants using Square can convert their…
BlackRock has ‘no commercial relationship’ with Hedera, HBAR sinks 32%
A BlackRock spokesperson confirmed the firm wasn’t directly involved in Archax and Ownera’s decision to…
Blockchain Association and crypto activist group sue SEC over ‘Dealer Rule’
The Blockchain Association and a Texas-based crypto activist group are suing the SEC over its…
DeFi whales have millions ‘forgotten’ in bridge contracts: Arkham
One of the wallets includes $1.05 million worth of funds stuck in the Optimism bridge…
GameFi airdrops are here to stay but won’t save a bad game: Execs
Blockchain gaming tokenomics may have got a bad wrap last cycle, but GameFi execs say…
Banks could flood into stablecoins if new bill passes: S&P Global
The Lummis-GillibrandPayment Stablecoin Act introduced to the Senate could see big banks encouraged to take…
Jack Dorsey’s Block announces development of ‘full Bitcoin mining system’
The Block — then Square — CEO initially suggested the idea of a collaborative approach…
Token airdrops targeted by farm accounts and ‘Sybil attacks’
Airdrop squatters are creating fake accounts on platforms for the sole purpose of farming airdrop…
Tether vows to freeze assets after Venezuela looks to crypto to bypass oil sanctions
USDT-issuer Tether says it will block payments made to OFAC-sanctioned entities after sources claim Venezuela’s…
Bitcoin miner profits get squeezed as hash price drops to lowest since October 2023
After enjoying record profits during Bitcoin’s recent halving, miners now face a sharp decline in…
Hong Kong Bitcoin, Ether ETF structures revealed ahead of April 30 launch
The spot exchange-traded funds will be denominated in the United States dollar, Hong Kong dollar…
BlackRock aware that RWAs are ‘multitrillion-dollar opportunity’ — Kinto co-founder
Kinto co-founder Victor Sanchez says real-world asset tokenization could be the future of finance and…
‘I’ve moved on to other things’ — Satoshi Nakamoto’s final email revisited after 13 years
In the last known communication in 2011, Satoshi Nakamoto disclosed they had moved on to…