Block, under Jack Dorsey’s leadership, reported a $207 million profit from Bitcoin. This was after strategic investments totaling $220 million in 2020 and 2021. By year-end 2023, Block’s Bitcoin holdings were 8,038 BTC. Their value […]
Stellar has announced the introduction of smart contracts as part of its Protocol 20 update, passed by a validator vote on Feb. 20. The upgrade introduces Soroban, the new smart contracts system, to mainnet, and […]
In January 2024, the FTX estate said it expects to fully repay its customers. Sam Bankman-Fried, the former FTX boss, is due to be sentenced next month after being found guilty of fraud last year, […]
Shares of Block (NASDAQ: SQ) are up 13% in after-hours trading to $76, data shows. Overall, Block reported its gross profit grew 22% yearly to $2.03 billion. Square generated a gross profit of $828 million, […]
Grayscale, a crypto asset management giant, has submitted a proposal to the US Securities and Exchange Commission (SEC) for an innovative privacy-focused exchange-traded fund (ETF). Meanwhile, governments worldwide are tightly scrutinizing privacy tokens. Grayscale Tries […]
Paris Saint-Germain (PSG) has become the first major sports club to join the Chiliz (CHZ) chain as a validator. This move significantly enhances the club’s role in the Chiliz ecosystem governance. Following the announcement, the […]
“The SEC does not allege fraud. The SEC does not allege consumer harm. The SEC’s sole claims are that Kraken has somehow operated in plain sight for almost a decade as an unregistered securities exchange, […]
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