Jack Dorsey’s Block has built on its Bitcoin strategy while delivering quarterly results stronger than Wall Street’s forecasts. This signals continued confidence in both its fintech ecosystem and the long-term value of BTC. Block Adds to BTC Treasury in Q2 According to a U.S. SEC filing, Block Inc. acquired an additional 108 BTC, pushing its The post Jack Dorsey’s Block ...
Ethereum founder Vitalik Buterin offers a nuanced perspective on the growing trend of public companies incorporating ETH into their reserves. While he cites the benefits of increased accessibility and adoption, he also warns against the risks of ‘overleveraging.’ Ethereum Founder Weighs in on ETH Reserve Boom In a recent podcast interview, Ethereum founder Vitalik Buterin The post Ethereum’s Vitalik Buterin ...
In a major enforcement action, India’s Income Tax Department has sent out thousands of notices to crypto traders who failed to disclose their transactions in their tax returns. According to a recent statement from the Ministry of Finance, the Central Board of Direct Taxes (CBDT) has identified multiple cases of non-compliant crypto transactions. India Takes The post India Launches Major ...
Riaolo Blockchain:– For years, the web3 industry is working on bringing as many people as it can onchain and Integrate them with the world of crypto and blockchain. However, a US-based duo of two Software Engineers who have worked for web2 giants like Netflix, Meta, AMD are now working on reversing the whole narrative in The post Former Meta, Netflix ...
SUI sits at a crucial technical zone with macro-level developments unfolding and on-chain activity gaining momentum. As the macro unfolds and on-chain activity picks up SUI is in a key technical area. After retracing from fresh high of $5.25, the price is now consolidating slightly below the $3.50 mark. This level coincides with the volume-weighted The post SUI Price Eyes ...
Changpeng Zhao (CZ), the former CEO of crypto exchange Binance, has filed a motion in the Delaware bankruptcy court asking them to dismiss a $1.8 billion FTX lawsuit. The case centers on a 2021 share repurchase deal between FTX and Zhao. CZ said that he lives in the UAE and that the US court lacks The post CZ Calls $1.8B ...
On Monday, Brazil’s Supreme Court ordered former President Jair Bolsonaro to be placed under house arrest amid ongoing legal proceedings over his alleged attempt to overturn the 2022 presidential election results. The case has gripped the nation since its inception in 2023 and has intensified international scrutiny, especially as it unfolds under the authority of a Supreme Court justice recently ...
Rep. Marjorie Taylor Greene, R-Ga., is urging that President Donald Trump commute former Rep. George Santos’ seven-year sentence, calling the punishment ‘a grave injustice’ and an ‘abusive overreach by the judicial system.’ The former New York congressman was sentenced to 87 months, or just over seven years, after pleading guilty in 2024 to wire fraud and aggravated identity theft. Santos ...
The White House is considering an executive order to crack down on banks that block customers for politically-driven reasons, in a move to curb the new ‘Operation Chokepoint 3.0’. The draft order proposes penalties for financial institutions that violate the Equal Credit Opportunity Act, antitrust laws, and consumer financial protection laws. US Banks Under Radar The post White House Targets ...
Pi Network Ventures has contributed to OpenMind’s $20 million fundraising round for the creation of its humanoid robots. The network has taken its first major step after the launch of its venture capital fund. Pi Network Ventures Joins OpenMind’s $20M Funding Round Pi Network Ventures has officially joined a $20 million funding round for OpenMind, The post Pi Network Invests ...
The Federal Reserve’s September interest rate decision has reached a critical juncture, with an 78.5% probability of a 25-basis-point rate cut following the lackluster July nonfarm payroll report. Will the Fed Lower Interest Rates in September? Following the US Fed’s recent decision in July to hold the interest rate unchanged at 4.25% to 4.5%, all The post Breaking: September Fed ...
SAN FRANCISCO — Apple on Thursday reported sales and profit that far surpassed expectations, showing that its efforts to re-route its sprawling global supply chain away from U.S. President Donald Trump’s trade war have so far succeeded. Apple said it earned $94.04 billion in revenue for its fiscal third quarter ended June 28, up nearly 10% from a year earlier ...