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Block Report: Cash App Bitcoin Sales Comes In At $1.73 Billion During Q1 2022

Block, formerly known as Square, announced on Thursday that its Cash App generated $1.73 billion in bitcoin purchases in the first quarter of 2022. Block Releases Q1 2022 Report On Thursday, Block Inc, the fintech company led by Twitter founder Jack Dorsey, missed market expectations for first-quarter profit as demand for bitcoin slowed owing to […] дальше »

2022-5-6 01:23


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Bitmex’s Arthur Hayes Requests Leniency, No Jail Time for Violating the US Bank Secrecy Act

Quick take: Bitmex’s founder and former CEO, Arthur Hayes, has requested leniency from the judge handling his court case Mr. Hayes is requesting no jail time and permission to live abroad and travel freely His lawyers have also asked for probation with no home detention or community confinement Arthur Hayes had struck a plea deal that would result in a prison sentence of 6 to 12 months The founder of Bitmex and former CEO, Arthur Hayes, is requesting leniency from […] дальше »

2022-5-6 20:36


Vitalik Buterin says ETH Layer-2 fees need to reach $0.05 to be acceptable

Ethereum (ETH) founder Vitalik Buterin said the gas cost levied on Layer-2 solutions must be significantly lower before they can be “acceptable. ” Vitalik commented in response to a tweet by Ryan Sean Adams — a well-known crypto investor — showing a list of gas prices needed to connect tokens to the Ethereum network through different […] The post Vitalik Buterin says ETH Layer-2 fees need to reach $0. дальше »

2022-5-5 14:10