Is Ethereum pushing too hard with 6-second blocks? Here’s the truth
Ethereum’s proposed move to 6-second block times under EIP-7782 promises faster transactions and real-time responsiveness. Go to Source
block
Auto Added by WPeMatico
Block could be the first firm with a BTC strategy in the S&P 500: VanEck
While firms like Tesla are already in the S&P 500, VanEck’s Matthew Sigel says Block Inc. could be the first company in the index with an “explicit strategy” for accumulating Bitcoin. Go to Source
Jack Dorsey’s Block Bets Big on Bitcoin Mining
Block, Inc. has outlined a strategic pivot to expand its presence in bitcoin mining, signaling a commitment to the cryptocurrency sector and its infrastructure needs, according to its recent third-quarter shareholder letter. Block’s New Investment Focus on Bitcoin Mining Infrastructure In a letter to shareholders, Block identifies bitcoin mining as a key growth path, driven … Read more
Block Inc’s Bitcoin revenue stagnates in Q3, shares drop 12% on revenue miss
Block missed its revenue estimates for Q3 and said it is “winding down” its DeFi business to shift money into its Bitcoin mining and wallet businesses. Go to Source
ARK Invest sells $31M in shares of Jack Dorsey’s Block
Jack Dorsey’s Bitcoin-friendly financial services firm Block saw its stock rally 13% in October, coming in line with bullish market action. Go to Source
Massive discount fee exploit discovered in DeFi protocol DittoETH patch
A ‘warden’ of the platform discovered that an attacker could mint massive amounts of tokens by forcing token prices to diverge from their oracle prices. Go to Source
Robinhood reaches $3.9M settlement over blocked crypto withdrawals
Robinhood Crypto LLC has agreed to pay $3.9 million to settle claims it failed to let customers withdraw cryptocurrency from their accounts between 2018 and 2022. Go to Source
Venezuela blocks Binance, X amid presidential election dispute
Binance has assured its users that their funds are safe after Venezuela cut off access to the exchange and social media platform X. Go to Source
Venezuelan Government Blocks Binance, Cutting P2P Market Access for Thousands
CANTV, a Venezuelan state-owned ISP, has reportedly started blocking traffic to Binance, one of the largest cryptocurrency exchanges in the world. The company, which controls a significant portion of the Venezuelan broadband market, has left thousands of Venezuelans without access to their savings and even P2P markets, which are popular among those using crypto as … Read more
Mercury Bank Blocks Fintech Founders From Nigeria, Ukraine, and a Dozen More Countries
The U.S.-based fintech company, Mercury, will offboard startups whose founders reside in or whose businesses are headquartered in 14 African countries and six non-African states. Mercury CEO Immad Akhund stated that this decision impacts customers whose deposits constitute less than 1% of Mercury’s total deposits. Affected Customers’ Deposits Less Than 1% of Mercury’s Mercury Bank, … Read more
