Following the OFAC ban on Tornado Cash, major DeFi protocols including Aave, Uniswap, Balancer, Ren, and Oasis have blocked all the addresses associated with Tornado Cash, regardless of type. That mea...
Tag: Block
DeFi Web Apps Block Users Hit by Tornado Cash ‘Dust Attack’
Sun claimed he was sent 0.01 ETH from an anonymous source via Tornado Cash, leading to Aave blocking his blockchain address Privacy advocates say the Treasury’s move to ban Tornado Cash is a violation...
An Essential Web3 Building Block
August 12, 2022, 2:13PM EDT • 13 min read Quick Take Ethereum Name Service (ENS) boosts Ethereum’s user-friendliness by mapping machine-readable identifiers onto human-readable names Governance is enf...
Oasis announces plan to block sanctioned wallet addresses
Oasis, a decentralized finance platform, is planning to start banning sanctioned wallet addresses from its platform. On Thursday, the Oasis Discord community said that sanctioned wallets would no long...
Celsius Creditors Move to Block Company From Selling Mined Bitcoin
Celsius Network’s unsecured creditors have been pressing the company on “potential misconduct by Celsius and its insiders.” During a hearing in the Chapter 11 bankruptcy proceeding today, the committe...
DeFi platform Oasis to block wallet addresses deemed at-risk
According to a new community Discord post on Thursday, decentralized finance (DeFi) platform Oasis.app says that sanctioned addresses will no longer be able to access the application. As a result of t...
Philippines to Block New Virtual Asset Licenses for Three Years
In a memorandum dated August 10, The Central Bank of the Philippines, also known as Bangko Sentral ng Pilipinas (BSP) says in September, the regular application window for new Virtual Asset Service Pr...
Uzbekistan Moves to Block Foreign Cryptocurrency Exchanges – Regulation Bitcoin News
Authorities in Uzbekistan are restricting access to online crypto trading platforms based outside the country and not registered under its laws. A presidential decree obliges citizens and local compan...
FTC Probe Into $200M BitMart Hack Continues, Doc Block Denied
A Federal Trade Commission (FTC) investigation into crypto exchange BitMart over December’s $200 million security breach will press on. The probe, reportedly the FTC’s first known enquiry within the c...
Alchemy and Infura block access to Tornado Cash as Vitalik Buterin weighs in on debate
According to Twitter user @0xdev0, on Monday, Web3 development platform Alchemy and Infura.io blocked remote procedure call (RPC) requests to cryptocurrency mixer Tornado Cash, preventing users from a...
Ark Invest Analysts Share Bullish Outlook for Coinbase, Block
Bitcoin’s price could surge between $200,000 and $500,000 if institutions together allocated between 2.5% and 6.5% of their portfolios to BTC, Ark found Block’s Cash App tipped to enjoy long-term grow...
Next Block Expo Is Aiming to Become the Biggest Blockchain Festival in Europe
First edition will be held in Berlin, Germany, 23-24 November 2022 with more than 5000 attendees. In 4 months from now, the Berlin Station will be the most important place in the European blockchain m...
Infura, Alchemy Block Tornado Cash Following Treasury Ban
Share this article It comes less than a day after the Treasury Department blacklisted the Ethereum mixing tool. Ethereum Node Providers Blacklist Tornado Infura and Alchemy have joined a growing lis...
Block’s Mike Brock on ‘Web5’ and the role of digital identities
Episode 74 of Season 4 of The Scoop was recorded live at The Block headquarters with The Block’s Frank Chaparro and TBD Lead at Block, Mike Brock. Listen below, and subscribe to The Scoop on App...
Crypto firm Block among the highest ranked ‘Fortune 500’ gainers despite turbulent year
The 2022 cryptocurrency market meltdown has taken a significant toll on most businesses, with a majority recording a drop in valuations and income while others have been forced into bankruptcy. Howeve...
Bitcoin pulls down Block, Inc. net revenues by 6%
Block Inc. reported a 6% decrease in its second-quarter 2022 net revenues compared with last year, driven by a decline in bitcoin revenues. The company’s total net revenue in the second quarter...
Jack Dorsey’s Block Reports $36M Impairment Loss on Bitcoin Holdings
Block Inc., the digital payments company co-founded by Jack Dorsey, reported a $36 million Bitcoin impairment loss in the second quarter, something the company attributed to “broader uncertainty aroun...
Block Inc. Lowers Sights as Revenue from Bitcoin Drops
Payments firm Block Inc has said it will slow hiring and lower its 2022 investment target by $250 million after announcing its second quarter financial results. Block reported a second-quarter loss of...
Jack Dorsey’s Block reports profits of $1.5B in the second quarter
The CEO of Block, Jack Dorsey, has reported a 29% increase in its year-on-year profits to $1.47 billion during the second quarter. However, the Bitcoin business of the digital payments firm recorded a...
Jack Dorsey-led Block posts $1.5B in Q2 profits, BTC revenue down
Former Twitter CEO Jack Dorsey’s digital payments firm Block Inc. saw its year-on-year (YoY) profits soar 29% to $1.47 billion in Q2, though its Bitcoin (BTC) business slumped on decreased customer de...
Jack Dorsey’s Block Inc. Spots It’s Q2 Profit of 1.5 Billion
Jack Dorsey heads Block Inc, which is a financial service provider company. Block Inc reportedly shared a profit of around $1.5 billion in Q2. The company further added that its BTC revenue is only $4...
Block Q2 Bitcoin Revenue Down 6% YOY Due to BTC Slump Block Inc.’s Q2 Revenue is down 6% YOY to $4.40 Billion over BTC Slump
American digital payments company Block Inc.’s second-quarter (Q2) revenue dropped by 6% year-over-year (YOY) to $4.4 billion. Although the numbers still topped Wall Street’s expectations of $4.35 bil...
Expedia, Block, Lyft and more
Check out the companies making headlines before the bell: Expedia (EXPE) – The travel website operator’s stock jumped 5.4% in the premarket after Expedia beat top and bottom line estimates in it...
Jack Dorsey’s Block Inc Registers $1.5B in Q2 Profits
39 mins ago | 2 mins read Bitcoin News The American-based Block Inc, reports $1.5B in Q2 profits. The firm generated only $41 million, through the BTC trading service. The digital payments company, Bl...
Block’s Earnings Beat Estimates but the Stock Drops. Here’s Why.
Text size Jack Dorsey co-founded Block and remains its chair but is no longer CEO. Joe Raedle/Getty Images Block said Thursday that Bitcoin revenue at its Cash App unit dropped 34% in the second quart...
Block reports 34% drop in Cash App bitcoin revenue, takes $36 million charge in Q2
Payments company Block (SQ) announced second quarter results Thursday that showed bitcoin revenue from its Cash App product fell 34% to $1.79 billion, with the company taking a $36 million charge on i...
‘We expect it to be removed’: Democrats’ push to close ‘carried interest loophole’ in jeopardy as Sinema seeks to block effort
Sen. Kyrsten Sinema has signaled her opposition to closing a controversial tax loophole that allows carried interest to be taxed as capital gains instead of income, according to multiple reports. As a...
Why Lucky Block May Be The Best NFT Competitions Game Out There?
Lucky Block is one of the latest and most successful cryptocurrencies during the past several months. The LBLOCK coin was introduced in 2021, and its value increased by up as 7,000% in less than three...
Around the Block With Jefferson Nunn – Interview With Patrick Murphy of Eightcap – crypto.news
Patrick Murphy 10:44 Yeah, I mean, definitely, like we I was just talking about this with with a couple of people from our risk and compliance team in the office here, like, we were just talking abo...
The Real Reason Why Lucky Block Has The Potential To Skyrocket In 2022
When the updated version of its token was launched yesterday on the Lbank centralized exchange (CEX), LBLOCK was one of the top gainers on the market. According to various publications, its price expe...