Decentralized finance (DeFi) lending protocol Euler Finance became a victim of a flash loan attack on March 13, resulting in the biggest hack of crypto in 2023 so far. The lending protocol lost nearly...
Tag: Blocks
‘I’m holding my breath’: What will happen if the Supreme Court blocks Biden’s student-loan forgiveness plan?
As the Supreme Court debates President Joe Biden’s student-loan forgiveness plan, Americans’ consumer debt continues to rise — and more of it is past due. For Shanna Hayes, 34, who was recently laid o...
Ex-Goldman Sachs Analyst Releases Kill-to-Earn Zombie Game ‘Undead Blocks’ on ImmutableX
“Play-to-earn” might be dead, but “kill-to-earn” is undead. Wagyu Games Executive Director Grant Haseley wants his studio’s first game, “Undead Blocks,” to be easy to play, addicting, and a fun way to...
IMX price surged 11% after release of Undead Blocks on ImmutableX
1 The first person shooter game “Undead Blocks” is launching on ImmutableX 2 IMX token price shot up 11% on the weekly basis and formed a bullish continuation pattern 3 IMX token price sustained above...
Illuvium DAO blocks NFT pack-opening event involving 3AC founder Su Zhu
The community supporting Illuvium, an interoperable blockchain game, has demonstrated the power of decentralized autonomous organizations (DAOs) after blocking a scheduled nonfungible token (NFT) pack...
ChangeNOW blocks $1.5M in suspicious transactions linked to supposed Algorand hacks
Non-custodial crypto exchange ChangeNOW reported that it stopped suspicious ALGO and Algorand-based USDC transactions totaling about $1.5 million, safeguarding them for further investigation. ChangeNO...
Block’s Cash App Bitcoin Revenue Falls 7%
The Cash App business section of Jack Dorsey’s payment startup, Block Inc., reported Bitcoin (BTC) revenue of $1.83 billion in the fourth quarter, which is a 7% decrease from the same period las...
BRICS Nations ‘Coalescing Against the Dollar,’ Major Banks Predict More Fed Hikes, Bitcoin Records Large Blocks as Ordinals Gain Currency – The Weekly Bitcoin News
In spite of turbulence in traditional global finance, with BRICS nations said to be pushing for de-dollarization and major banks like Bank of America and Goldman Sachs predicting further interest rate...
Block’s Q4 Bitcoin Revenue Fell 7% Year Over Year to $1.83B
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Block’s Cash App Bitcoin Revenue Drops 25% Year-Over-Year
Jack Dorsey’s payments company Block beat Wall Street expectations on the top line but missed on earnings. In its latest earnings report for last quarter, Block reported $1.83 billion in Bitcoin reven...
Will Full Blocks Destroy Bitcoin? Saylor Argues with Digital Scarcity
MicroStrategy boss commented about the case of full blocks destroying Bitcoin. Saylor said BTC ensures digital scarcity by holding asset supply constant over time. The question about full blocks destr...
Block’s Shares Jumped 7% Despite Declining Q4 Bitcoin Revenue
Block (formerly known as Square) – an American multinational technology conglomerate founded by Jack Dorsey – disclosed $1.83 billion of bitcoin revenue generated from its Cash App payment service in ...
Block’s Q4 report reveals a drop in bitcoin revenue
Block Inc. exceeded the expectations of industry analysts and experienced a rise in its share price through after-hours trading. However the company’s bitcoin (BTC) revenue is falling due to the price...
Block’s Q4 Cash App bitcoin profit drops 25%
Block reported its fourth-quarter bitcoin gross profit from its Cash App dropped by one-quarter to $35 million. The total sale amount of bitcoin sold to customers, recognized as bitcoin revenue, was $...
What Would Happen If the Supreme Court Blocks Student Loan Forgiveness?
If the Supreme Court strikes down student loan forgiveness, borrowers would have to repay debts while facing more financial pressures than before the pandemic. The court is deciding whether President...
Bitcoin Continues to Record Blocks Above the 3.75 MB Range as Ordinal Inscriptions Near 150,000 – Bitcoin News
As Ordinal inscriptions approach the 150,000 mark, blocks larger than 3 MB have become commonplace, with many blocks near the 4 MB range. Meanwhile, after the average transaction fee on-chain rose 122...
LACMA Art Museum Acquires NFT Collection With CryptoPunk, Art Blocks
The Los Angeles County Museum of Art (LACMA) is the latest major art museum to add NFT artwork to its collection, announcing today that it has acquired a series of notable and valuable NFT pieces thro...
Ethereum’s OFAC-Compliant blocks drop to 47%
Ad The number of Ethereum (ETH) blocks compliant with the United States Office of Foreign Asset Control (OFAC) fell to 47% on Feb. 13 — the lowest since Oct. 11 — according to MEV Watch data. However,...
LACMA has taken over the NFT collection along with CryptoPunk and Art Blocks
The Los Angeles County Museum of Art (LACMA) recently announced its acquisition of a collection of Non-Fungible Tokens (NFTs) that includes digital art from the popular Cryptopunk and Art Blocks platf...
Apple’s manufacturing shift to India hits stumbling blocks
Apple is hitting stumbling blocks in its effort to increase production in India, as the US tech giant faces pressure to cut its manufacturing reliance on China. The iPhone maker has been sending produ...
OFAC-Compliant Blocks On Ethereum Drop To Three-Month Low Of 47%
Ethereum blocks in compliance with the orders issued by the United States Office of Foreign Asset Control (OFAC) have dropped to 47%, dropping to their lowest levels since the 11th of October. The pe...
Binance blocks accounts allegedly linked to Bitzlato
Binance exchange has temporarily suspended several accounts linked to Bitzlato transactions after the latter exchange got entangled in regulations. Most of these accounts reportedly belong to Russians...
Binance blocks some accounts amid Bitzlato case: ‘Funds are safe’
Cryptocurrency exchange Binance has been silently shutting down multiple accounts on the platform in relation to the Bitzlato investigation. On Jan. 18, a group of Russian-speaking Binance clients com...
Binance blocks several accounts tied to Bitzlato’s investigation – Cryptopolitan
Binance, the world’s largest cryptocurrency exchange by market size, has blocked several accounts as a result of the Bitzlato probe. Several users, many of whom are Russian-speaking, reported the prob...
DeFi Thirsty SEC Blocks TradFi Crypto IPOs – Trustnodes
The Securities and Exchanges Commission (SEC) wants our defi smart contracts, flashloans, and kids in Thailand forking dapps through token migration, to sign up with the agency. But SEC has failed to ...
McCarthy Blocks Schiff And Swalwell From Taking Intel Committee Seats
Topline House Speaker Kevin McCarthy (R-Calif.) on Tuesday said he will block Reps. Adam Schiff (D-Calif.) and Eric Swalwell (D-Calif.) from taking seats on the House Intelligence Committee, in a move...
Nevada Supreme Court Upholds The Right To Sue The Government, Blocks Qualified Immunity
In a landmark decision late last month, the Nevada Supreme Court unanimously ruled that victims of wrongful searches and seizures have the right to sue the responsible government officials. Just as cr...
Art Blocks Friendship Bracelet NFT Collection Takes Top Spot on OpenSea
Following the claim period, the collection quickly shot to the top of the leaderboard on secondary marketplace OpenSea. As of Tuesday afternoon, the collection had the highest 24-hour trading volume o...
Building Blocks Event for Web3 Startups Announced for ETH TLV With Collider, Fireblocks, and MarketAcross
[PRESS RELEASE – Tel Aviv, Israel, 10th January 2023] Building Blocks 23, a web3 builder-focused event, will be hosted in central Tel Aviv on February 7, 2023. Hosted by top Israeli companies as part ...
Building Blocks Event for Web3 Startups Declared for ETH TLV With Collider, Fireblocks, and MarketAcross
The web3 builder-focused event Building Blocks 23 will take place on February 7, 2023, in the heart of Tel Aviv. The one-day Building Blocks event, which is being hosted by leading Israeli firms as pa...
Building Blocks Event for Web3 Startups Announced for ETH TLV…
Tel Aviv, Israel, 10th January, 2023, Chainwire Building Blocks 23, a web3 builder-focused event, will be hosted in central Tel Aviv on February 7, 2023. Hosted by top Israeli companies as part of ETH...
SEC Blocks Binance-Voyager Deal with Deeper Intentions, Says Cramer
Jim Cramer tweeted that SEC prevents Binance from closing its deal with Voyager Digital. Cramer added that the SEC is worried that Binance will prove to be more chimerical. The TV host’s tweet was in ...