Browsing Category
Bitcoin
Meta Faces Tough Market Response as AI Investments Surge and Metaverse Losses Continue
Meta’s shares dropped 15% in after-hours trading following announcements in April of plans for significant investment in AI, alongside a weaker revenue outlook and continued losses in its metaverse division, Reality Labs. The company…
S&P Global Report: New Legislation Could ‘Boost’ US Stablecoin Landscape
According to a report from S&P Global Ratings, the introduction of the Lummis-Gillibrand Payment Stablecoin Act on April 17, 2024, promises to significantly reshape the U.S. stablecoin market. Authored by Mohamed Damak and Andrew…
Block Unveils Bitcoin Conversion Feature for Square Merchants
On Wednesday, Block, the financial services firm, disclosed that merchants using Square can convert their daily sales into bitcoin through the Cash App. Block’s founder, Jack Dorsey, revealed this update on X, and as of today,…
Iconic ‘Buy Bitcoin’ Sign From Janet Yellen’s Testimony Sells for $1 Million in Crypto Auction
Christian Langalis, famously known as “Bitcoin Sign Guy,” has auctioned the “Buy Bitcoin” sign he displayed during Janet Yellen’s 2017 Congressional testimony for 16 BTC, approximately $1 million dollars…
OP_CAT Proposal Assigned BIP-347, Aims to Enhance Bitcoin With Ethereum-Style Smart Contracts
OP_CAT, a proposal aimed at introducing Ethereum-like smart contract functionality to Bitcoin, has been assigned the Bitcoin Improvement Proposal (BIP) number 347, marking the first step towards potentially implementing this long-discussed…
Tesla Maintains Bitcoin Holdings — Balance Sheet Shows $184 Million in Digital Assets
Elon Musk’s electric car company, Tesla, has maintained its bitcoin holdings. The company’s Q1 balance sheet shows net digital assets of $184 million. According to crypto analytics firm Arkham, Tesla continues to hold onto its…
Protocol Village: SEDA, Data and Computation Network, Launches Mainnet Genesis
The latest in blockchain tech upgrades, funding announcements and deals. For the period of April 25-May 1.
Stacks Launches Nakamoto Upgrade to Enhance Bitcoin L2 Functionality
Stacks has initiated the rollout of its Nakamoto upgrade introducing improvements to its Bitcoin layer two (L2) solution. The upgrade aims to bolster transaction speed and security, potentially revitalizing interest in Bitcoin’s…
US Authorities Charge Founders of Bitcoin Mixer Samourai Wallet for Laundering Over $100 Million
The U.S. Department of Justice has indicted the founders of Samourai Wallet, Keonne Rodriguez, and William Lonergan Hill, on charges of operating an unlicensed money-transmitting business and laundering over $100 million through illicit…