Jack Dorsey-backed Block Reports $1.87 Billion Gross Profits
Its gross profit for the second quarter of 2023 was $1.87 billion, up 27% year over year. Bitcoin revenue was up 34% over the same time in 2022.Block Inc., a…
Is Meta Instagram Threads Loosing Steam?
Elon Musk changing Twitter to X has been dominating the tech news cycle. But the bigger story is how Meta’s Threads (Mark Zuckerberg’s new microblogging alternative) went from a supposed…
Bridgecoin Capital Unveils Crypto Lending Product Leveraging Capital Gains
The new lending platform from Bridgecoin Capital is the first of its kind, allowing clients to invest their cryptocurrency in conventional real estate. This groundbreaking strategy is the first tax-efficient…
FTX’s SBF to Be in Jail Before Trial: Department of Justice.
The DOJ is pushing for FTX’s SBF detention pending trial, arguing that his actions went beyond exercising his right to speak to the press. The DOJ has accused SBF of…
Binance Hires New Compliance Officer Amidst Ongoing Legal Probes
Hecht’s background includes time as a senior policy adviser at the U.S Treasury Department.As Hecht’s successor, Chief Compliance Officer Noah Perlman will be a close collaborator.A number of Binance’s senior…
Big Move in SAND Before Sandbox’s $134M Token Unlock
The Sandbox (SAND) planned to unlock 16.16% of its total circulating supply.Daily trading volume of SAND experienced a surge of 14.98%. The Sandbox (SAND), a blockchain-based metaverse firm, is planning…
Meta (Facebook) Reels Creators Angered Over Meta Revenue Share Payments Error
Meta’s facing new backlash from short-form video creators after its latest payment notifications for its Music Revenue Sharing program, which enables video creators to earn a share of in-stream ad…
Coinbase Has Set Date for Base Mainnet Launch, Addresses Token Rumors
Over 100 ETH and $125,000 in grants are available to those who start building on Base this month. Crypto exchange Coinbase has revealed its launch date for Base – the…
Hong Kong to Approve First Compliant Exchanges for Crypto
Hashkey will become the city’s first licensed Compliant Exchange for Crypto. Livio Weng, Hashkey Group COO, tweeted that a good card is coming.The Hong Kong Securities Regulatory Commission will approve…
MicroStrategy Announces Their Balance Sheet, Is Bitcoin on Top? XRP and Pomerdoge Are up 50% On the Weekly Chart
Microstrategy, the software giant is set to release its balance sheet report soon. Meanwhile, investors are wondering if Bitcoin (BTC) still leads their holdings given Bitcoin’s recent price drop. Two…