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Block's Revenue From Bitcoin Sales Through Cash App Has Fallen By 34%

Block’s Revenue From Bitcoin Sales Through Cash App Has Fallen By 34%

Block's Cash App payment service recorded a collapse in activity around bitcoin in the second quarter of 2022 Fintech company Block (formerly Square) announced a drop in revenue from bitcoin sales through the Cash App. This is reported in the financial report for the II quarter. According to published data, the cryptocurrency revenue from Cash App fell by 34% to...

Instagram* Added Coinbase Wallet And NFT Functionality For 100+ Countries

Instagram* Added Coinbase Wallet And NFT Functionality For 100+ Countries

Social platform Instagram * announced that support for the NFT functionality will now be available for 100+ countries. The project also integrated the Coinbase and Dapper wallets and the Flow blockchain. *Meta is recognized as an extremist organization  and banned on the territory of the Russian Federation NFT to every home The most popular social platform Instagram*, owned by  Meta * ( formerly Facebook, recognized as extremist and banned...

Coinbase Stock Jumps 20% Amid Deal With World's Largest Investment Fund

Coinbase Stock Jumps 20% Amid Deal With World’s Largest Investment Fund

The world's largest investment fund BlackRock opened access to bitcoin through Coinbase, but market participants doubt that investors will be interested in it. Investment fund BlackRock, which manages more than $10 trillion in client assets, has opened access to bitcoin to its institutional clients through a partnership with Coinbase. The exchange announced this on its blog. The service will be...

Binance And Master Card Jointly Launch A Bank Card In Argentina

Binance And Master Card Jointly Launch A Bank Card In Argentina

Binance Card project launched in Argentina This is a bank card with the ability to transfer cryptocurrency to fiat instantly.  The exchange partner was the Master Card payment system Yesterday, August 4, the Binance crypto exchange announced the release of a new prepaid card for the Argentine market. The company's partner in this project was the Master Card...

Cryptocurrency Hedge Fund Brevan Howard Tops $1 Billion In Assets

Cryptocurrency Hedge Fund Brevan Howard Tops $1 Billion In Assets

The BH Digital division, which is part of the Brevan Howard Asset Management structure of billionaire Alan Howard, has raised more than $1 billion for investments in cryptocurrencies, Blockworks writes, citing informed sources. Brevan Howard Digital Asset Multi-Strategy Fund has lost between 4% and 5% since launching at the beginning of the year. This looks "incredible" against the background...

The Court Allowed Voyager Digital To Return $270 Million To Clients

The Court Allowed Voyager Digital To Return $270 Million To Clients

The US Bankruptcy Court has approved Voyager Digital's proposal to unfreeze a crypto broker's deposit with Metropolitan Commercial Bank to return funds to customers. The account contains $270 million, writes The Wall Street Journal. Digital assets on the Voyager platform worth ~$1.3 billion were included in the bankruptcy estate. It will be distributed among creditors in the future. According to Cointelegraph,...

Revolut To Expand Crypto Team By 20%

Revolut To Expand Crypto Team By 20%

Fintech company Revolut plans to increase by 20% the number of employees involved in the cryptocurrency direction in the EU, UK and US within six months. Bloomberg writes about it. Revolut posted 13 jobs related to digital assets, including financial crime prevention and development. This year, the company has already hired 43 specialized specialists.  “We view cryptocurrencies as a...

Near Warned About The Threat Of Wallets: Important Information

Near Warned About The Threat Of Wallets: Important Information

Near faced the same problem as Solana. They discovered a data breach of many users Read how to protect your wallet The Near blockchain has encountered problems similar to the recent story with Solana wallets. The team fixed it, but some users urgently need to change their wallet settings. Details On June 6, 2022, NEAR Wallet analysts received a bug...

BlackRock Partners With Coinbase: Why This Is Mega-important News

BlackRock Partners With Coinbase: Why This Is Mega-important News

BlackRock and Coinbase offer joint crypto services  They will run on the Aladdin platform After the news, Coinbase shares soared BlackRock, the world's largest asset manager, is launching crypto services for institutional clients. The Coinbase exchange, or their Coinbase Prime platform, will help them with this. The essence of cooperation BlackRock has Aladdin investment management software. This platform will...

Oxford City's Bitcoin Adoption Sets An Example

Oxford City’s Bitcoin Adoption Sets An Example

Oxford City, another football club, supports cryptocurrencies. Although the club only plays in the sixth English league, it is a role model for bitcoin adoption. Oxford City is selling its entire range for bitcoin Regarding education and science, Oxford is already an internationally renowned name. It looks worse in the football landscape. The best-known club in the...