Jack Dorsey’s Block to raise $1.5B in senior notes offering

Fitch Ratings notes that Block has used convertible debt for external funding since its IPO and is well-positioned to exploit the growth in payments and consumer financial services.

Jack Dorsey’s Block to raise $1.5B in senior notes offering

Fintech firm Block (formerly Square) announced plans on May 6 to issue $1.5 billion in senior notes through a private placement to qualified institutional investors.  Th...

4 months ago

Revolut debuts dedicated crypto exchange for UK users

Revolut announced its new Revolut X crypto trading platform for U.K. retail users, which it claims will offer fixed low fees and easy fiat-to-crypto conversion.

Revolut debuts dedicated crypto exchange for UK users

The fintech company and global neobank Revolut made a notable move into the cryptocurrency sphere by quietly introducing a specialized crypto trading platform for retail customers in the United ...

4 months ago

Web3 gaming needs to shift from play-to-earn to ‘play-and-earn’ — Bitget

The industry could see a shift toward player-centric Web3 games this cycle as Web2 founders enter the GameFi space, according to Bitget’s managing director.

Web3 gaming needs to shift from play-to-earn to ‘play-and-earn’ — Bitget

Web3 games should shift their focus from play-to-earn to “play-and-earn” to attract new mainstream crypto adopters. The issue is that most Web3 games focus solely on the ec...

4 months ago

Blockchain gaming firm Animoca Brands ‘comes to Bitcoin’

Animoca’s move into Bitcoin involves the Opal Protocol and BLIF token, which were initiated by Animoca and Darewise.

Blockchain gaming firm Animoca Brands ‘comes to Bitcoin’

Hong Kong-based game software company Animoca Brands is entering the Bitcoin industry by backing the Opal Foundation, a new Bitcoin ecosystem protocol. Animoca Brands took to X on...

4 months ago

Elon Musk’s X to remove likes and reposts from timeline within ‘weeks’

Some believe the change could help cut down engagement-farming posts on the platform — something Crypto X may be all too familiar with.

Elon Musk’s X to remove likes and reposts from timeline within ‘weeks’

Social media platform X could be removing likes and reposts from view on the timeline “within the next few weeks,” according to a software engineer at X.  “I&rsq...

4 months ago

OpenAI announces new publishing deal as race to license content hots up

A new strategic partnership between OpenAI and Financial Times aims to integrate FT journalism into its AI models for more accurate and reliable information and sources.

OpenAI announces new publishing deal as race to license content hots up

The United Kingdom-based daily newspaper the Financial Times (FT) and OpenAI, a leading artificial intelligence (AI) research company, announced a new “strategic partnership.” 

4 months ago

SEC sues Bitcoin miner Geosyn, accusing founders of $5.6M fraud

The SEC alleged Geosyn Mining’s co-founders misappropriated $1.2 million of its investors’ funds, spending it on holidays, nightclubs and firearms.

SEC sues Bitcoin miner Geosyn, accusing founders of $5.6M fraud

The United States Securities and Exchange Commission (SEC) has filed a lawsuit against Geosyn Mining and its co-founders, alleging they defrauded investors out of $5.6 million by lying about the...

4 months ago

Binance founder should be jailed for 36 months, US prosecutors say

Binance founder and former CEO Changpeng Zhao is expected to be sentenced on April 30 after pleading guilty to money laundering in November 2023.

Binance founder should be jailed for 36 months, US prosecutors say

As the United States authorities are preparing to give a sentence to Binance founder Changpeng “CZ” Zhao on April 30, prosecutors have requested jail time for the former CEO. 

4 months ago

Father-son team says they’ve recovered $6M in lost crypto

The New Hampshire duo uses cracking techniques to access lost wallets.

Father-son team says they’ve recovered $6M in lost crypto

When crypto users lose their private keys or get scammed out of their coins by a con artist, they usually cannot recover their funds. In most cases, their crypto is lost forever. But according t...

4 months ago

Top Crypto Gainers Today Apr 21 – Arkham, Ocean Protocol, Worldcoin, Siacoin

ARKHAM'S INTEL EXCHANGE EMPOWERS ON-CHAIN RESEARCHERS

Top Crypto Gainers Today Apr 21 – Arkham, Ocean Protocol, Worldcoin, Siacoin

Bitcoin’s fourth halving, completed after mining its 840,000th block, saw prices initially hovering above $63,000. Shortly after, a modest retreat occurred, marking a significant mile...

4 months ago

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