Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The trend and structure of MATIC were bearish. A ...
Tag: Block
Solana Network Experiences Slowdown in Block Production Following Upgrade
After an update to the validator software on February 25, the Solana network saw a decrease in the rate at which blocks were produced. Transactions were disrupted as a consequence of the event, which ...
Solana faces slowdown in block production, network restarted
Solana network faced a slowdown in block production on Fev. 25 following the upgrade in the validator software. The incident resulted in disruptions to transactions and led validators to downgrade the...
Block Surpasses Wall Street Expectations Riding on Cash App
Block reported a gross profit of $1.66 billion in 2022, representing a 40% increase from the previous year. Wall Street projected a $1.53 billion return for Block in 2022. Block’s stock jumped by 8% s...
What Does The Fourth Quarter 2022 Reports of Block Inc. Says?
Block, Inc. (NYSE:SQ) is a global technology company headquartered in San Francisco, CA. The company focuses on financial services and operates through products such as Square, Cash App, TIDAL, Spiral...
Polygon Block Explorer Crashes, Befuddles Users
Uncertainty, doubt, and no small amount of fear spread across the crypto community on Wednesday, as news spread of an apparent hours-long outage on the Polygon network. The reports were greatly exagg...
Block Inc’s Cash App Records Bitcoin Impairment in Q4 2022
Like many other companies, Block invested in Bitcoin when the digital asset price was skyrocketing. Multinational technology conglomerate Block (NYSE: SQ) said the Bitcoin gross profit from its Cash A...
Block Reports Q4 2022 Earnings With Less Focus on Bitcoin
Block Inc., Jack Dorsey’s payment business, reported fourth-quarter earnings missing expectations but touching revenue goals. Block’s gross earnings for Q4 2022 increased by 40% year-on-year to $1.6...
Beyond Meat, Sweetgreen, Adobe, Block and more
Beyond Meat “Beyond Burger” patties made from plant-based substitutes for meat products sit on a shelf for sale in New York City. Angela Weiss | AFP | Getty Images Check out the companies ...
Block Announces Fourth Quarter and Full Year 2022 Results
DISTRIBUTED-WORK-MODEL/SAN FRANCISCO–(BUSINESS WIRE)–Block, Inc. (NYSE: SQ) has posted its results for the fourth quarter and full year of 2022 on the Financials section of its Investor Relations webs...
Block reports revenue, profits that top expectations amid bitcoin drag
Payments company Block (SQ) reported fourth quarter results after Thursday’s close that beat Wall Street expectations on the top line but missed on earnings. Consumer spending for the company remained...
New bill could block US CBDC development
Tom Emmer, a member of the U.S. House of Representatives, a watchdog involved in the post-FTX saga lawsuit, has proposed legislation prohibiting the Federal Reserve from issuing a CBDC to any individu...
FTC Asks Court to Block Voyager Plans Amid Fresh Probe
The U.S. Federal Trade Commission has submitted a court filing to prevent Voyager Digital’s bankruptcy plans from proceeding, as it would release the firm from liability related to misleading crypto m...
Discord scam sees The Block come knocking with fake ‘Article Writer’ promises
“Hello there, I am Rummer. from theblock.co where I work as a Article Writer. Our team is intrigued by your NFT project and we would like to request permission to write an article about your project.”...
Bill Vs. CBDC – Why This US Congressman Wants To Block The Fed From Issuing A Digital Dollar
Some US congressmen have expressed concerns or opposition to the idea of a Central Bank Digital Currency, or CBDC, being pushed by the US Federal Reserve. One of them is Rep. Tom Emmer (R-Minnesota),...
SQ Stock Today: Why This Bearish Option Trade In Block Gains $110 Right Away
Block (SQ) stock has put in a series of lower highs and lower lows in recent weeks. On Tuesday, SQ stock broke mildly below the 50-day moving average. SQ stock is also showing weak relative strength. ...
The Block comes knocking in Discord scam
“Hello there, I am Rummer. from theblock.co where I work as a Article Writer. Our team is intrigued by your NFT project and we would like to request permission to write an article about your project.”...
U.S. Congressman introduces bill to block CDBC roll out
United States Congressman Tom Emmer has introduced a new bill seeking to block the Federal Reserve (the Fed) from issuing a central bank digital currency (CBDC). The bill dubbed ‘CBDC Anti-Surveillan...
Bitcoin Network Difficulty Expected to See Largest Increase of the Year Amid High Hashrate, Shorter Block Times – Mining Bitcoin News
After a small decrease of 0.49% on Feb. 12, 2023, Bitcoin’s network difficulty is expected to experience a significant increase in three days on Feb. 24. Estimates indicate the difficulty could see th...
The Block: Fireblocks testing ‘off-exchange’ crypto custody solution: Financial News
Fireblocks is trialing a hybrid custody solution that its clients can use to safeguard their crypto even while trading on exchanges, according to a Financial News report on Friday. The proposed ...
The Block: SEC planting its regulatory flag as Congress still to pick a regulator: SEC’s Peirce
Policy • February 20, 2023, 5:00AM EST The Securities and Exchange Commission is attempting to “plant its regulatory flag,” while Congress is still mulling which agency will be police crypto, sa...
Blur Advises NFT Creators to Block OpenSea in Royalties Battle
Open war has finally erupted between leading NFT marketplaces. On Wednesday, upstart NFT marketplace Blur announced that it will enforce full creator royalties for any collection that blocks trading o...
The Block: US regulators may spell Armageddon for crypto, but they’re not wrong: Compound’s Leshner
Recent crackdowns by U.S. regulators in the crypto industry are a “planned set of product takedowns” and risk annihilating the young market, Compound Labs founder Robert Leshner said. They’re not wron...
Blur NFT marketplace encourages NFT creators to block OpenSea
Blur recently announced its intentions to block OpenSea in the Royalties Battle. The upstart NFT marketplace has started to enforce complete creator royalties. These royalties will only be awarded to ...
Blur CEO urges creators to ‘block OpenSea’
The battle lines were again drawn in the NFT creator royalty debate, as the CEO of NFT marketplace Blur made a case for creators to list on that platform rather than with industry heavyweight OpenSea....
Bitcoin’s Average Block Size Hits All-Time Highs
Because to the introduction of the nonfungible tokens (NFTs) protocol Ordinals in January 2023, the average size of a Bitcoin block has surpassed 2.5 megabytes (MB) for the first time since the crypto...
What Happens When the Bitcoin Blockchain Produces an Empty Block
Bitcoin (BTC) is a digital currency that is renowned for its durability, security, and dependability. A new block is added to the network on average every ten minutes, and the miner who successfully c...
Bitcoin average block size hits all-time high
Bitcoin’s average block size has hit all-time highs above 2.5 megabytes (MB) for the first time since its inception in 2009, driven by the launch of nonfungible tokens (NFTs) protocol Ordinals in Janu...
The Block: Bitcoin mining report: Feb. 14
Bitcoin mining stocks tracked by The Block were higher on Tuesday, with 16 gaining and three declining. Bitcoin rose 2.7% to $22,232 by market close. Here is a look at how the individual m...
The Block: Blur debuts long-awaited token
Blur’s native token is finally live, marking a long-awaited milestone for the NFT marketplace that may be primed to go head-to-head with market leader OpenSea. “It’s time for $...