Cash App Bitcoin revenue tops $2 billion in the first quarter
Block’s Q1 earnings report reveals a 25% year-on-year increase in Bitcoin revenue from the fintech firm’s flagship product Cash App....
Day: 4 May 2023
Terraform Labs seeks to dismiss class action arguing US laws don’t apply
Federal securities laws only apply in the United States, but the protocols were developed overseas, argues Terraform Labs. Terraform Labs...
Kenya considers tax on crypto, NFT transfers and online influencers
A bill introduced in Kenya could see a tax added to cryptocurrency and NFT transfers and has been met with...
Blockchain security firm freezes $160K stolen in Merlin DEX ‘rugpull’
CertiK has contacted law enforcement in the U.S. and U.K. to find the pseudonymous operators.
Voyager creditors could start seeing funds in the ‘next few weeks’
The bankrupt crypto brokerage has entered the final stages of liquidation procedures after Binance abandoned its acquisition deal last week....
Coinbase share price spikes 7.9% as Q1 results beat expectations
Coinbase CEO Brian Armstrong called the quarter a "turning point" for the company as it worked towards a more "financially...
How are Bitcoin options traders positioning for the US banking crisis?
The total crypto market cap has been ranging sideways, but Bitcoin derivatives markets indicate pro traders don’t expect any major...
El Salvador Eliminates All Taxes on Technology Innovations, AI, App Programming
El Salvador’s president, Nayib Bukele, has enacted a law that eliminates all taxes on technology innovations, software and app programming,...
Chatgpt ‘Is the New Crypto,’ Meta Says Malware Actors Exploit AI Craze
A growing number of malware creators are now taking advantage of the significant interest in Chatgpt to lure victims, Facebook...
Biden Aides Explore Minting $1 Trillion Platinum Coin as Solution to Impending Debt Default
As the United States stares down the barrel of a potential debt default come June, a curious and intriguing solution...
Justin Sun’s SUI-farming sins, PEPE’s wild run, 3AC’s oyster philosophy: Asia Express
CZ calls out Justin Sun for farming SUI at the expense of the little guys, “useless” PEPE up 20x, new...
Montana governor signs pro-cryptocurrency mining bill into law
The legislation includes revisions to laws aimed at prohibiting discriminatory electrical rates for mining firms and not allowing taxation for...
New White House standards strategy could have implications for crypto industry KYC
The Biden administration has released a strategy document focusing on setting standards for “critical and emerging” technologies such as blockchain...
North Carolina House passes bill banning CBDC payments to the state
The latest version of the legislation included limiting the Federal Reserve from using the U.S. state as a potential testing...
7 potential use cases of chatbots in banking
chatbots can offer a convenient and accessible way for individuals to manage their personal finances, fraud prevention and more. Chatbots...
