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…
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…
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…
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…
Robinhood Second Quarter Report: Crypto Revenue Declines by 18%
The company’s EBITDA grew by 31% progressively to $151 million. Robinhood is getting ready for expansion in the UK.Despite a decline in revenue, Robinhood announced profitable results for the second…
Worldcoin Plan To Expand Iris-Scanning Tech Via Open Source.
Macieira has said that it would open-source the iris-scanning orbs’ underlying technology. Global authorities have been looking into Worldcoin’s data harvesting practices.According to a Reuters article, Worldcoin intends to increase…
FTX Didn’t Speak Up About Exchange Reboot Plans, Say Creditors
Creditors say FTX’s proposed restructuring plans are mere “ideas,” and were not formally negotiated.Lawyers representing FTX’s creditors said they weren’t filled in on a recently proposed plan to revive the…
Coinbase is Exploring ‘Best’ Way to Integrate Bitcoin Lightning Network, Says CEO.
The exec reiterated his stance on the LN integration in response to Jack Dorsey’s tweet. Coinbase CEO Brian Armstrong revealed that the crypto exchange is exploring the “best” way to…