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May 3, 2024
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Block shares see after-hours bump as Q1 results top estimates

Fintech firm Block has exceeded Wall Street analyst revenue and earnings forecasts in its first-quarter results, leading to a surge in its shares after-hours.   Q1 […]
May 3, 2024
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Bitcoin bottom in, now headed for a ‘slow grind higher’ — Arthur Hayes

Former BitMEX CEO Arthur Hayes anticipates that Bitcoin has reached a local bottom and will gradually climb back up over the coming months.   Recent Market […]
May 3, 2024
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US lawmakers warn of Iranian crypto miners threatening national security

United States Senators Elizabeth Warren and Angus King have raised concerns about potential national security threats posed by cryptocurrency miners in Iran.   Letter to Biden […]
May 3, 2024
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The rise of the Chinese AI unicorns doing battle with OpenAI

Several Chinese startups specializing in generative artificial intelligence (AI) have recently achieved valuations exceeding $1 billion, intensifying competition in the field as they strive to rival […]
May 3, 2024
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Terraform claims SEC offered ‘no evidence’ for $4.7B in disgorgement

With a hearing set for May 22 to consider proposed remedies in the United States Securities and Exchange Commission’s (SEC’s) case against Terraform Labs (TFL) and […]
May 3, 2024
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Jack Dorsey’s Block is ‘DCA’ing’ into Bitcoin every month

Jack Dorsey, co-founder of Twitter and CEO of fintech firm Block, announced that Block will allocate 10% of its gross profit from Bitcoin products to purchasing […]
May 3, 2024
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Former FTX exec Ryan Salame to give up $5.9M Bahamas property

Ryan Salame, former co-chief executive of FTX Digital Markets, has agreed to transfer his multimillion-dollar property in the Bahamas as part of a plea agreement in […]
May 2, 2024
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Pike Finance clarifies ‘USDC vulnerability’ statement on $1.6M exploit

Following a $1.6 million exploit on April 30, decentralized finance (DeFi) protocol Pike has issued a clarification regarding its previous statement concerning a vulnerability found in […]
May 2, 2024
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Nigeria’s Patricia exchange CEO refutes closure rumors

Fejiro Hanu, CEO of Nigerian crypto exchange Patricia, has refuted rumors of the platform’s closure, dismissing them as sensationalist media tactics aimed at generating clicks. Hanu […]
May 2, 2024
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Microsoft pours $2.2B into Malaysia for cloud, AI expansion

Microsoft unveils a $2.2 billion investment plan over four years in Malaysia, focusing on cloud and artificial intelligence (AI) services expansion.   This investment marks Microsoft’s […]

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