BLOCK Financial News
15.06 / 17:01
15.06 / 13:47
BLOCK
Man
Parke
park
ABN Amro banker ‘fired' by car park attendant
An employee at ABN Amro last month found out he had been made redundant from the car park attendant at the Dutch bank's headquarters in London.
13.06 / 21:49
Provident
BLOCK
litecoin
LTC
Litecoin’s MWEB was going to aid a rally but is now getting delisted – what’s going on
From the look of things, the MimbleWimble Extension Blocks (MWEB) implemented on Litecoin’s Network have failed to provide the much-required succor for the Network’s LTC token. The MWEB upgrade was implemented to enhance the user experience by providing users the option to make confidential transactions on the Litecoin network.
13.06 / 12:29
Blockchain
BTC
Twitter
BLOCK
Bitcoin
Reserve
Tron DAO Reserve Buys $50M BTC, TRX
Tron DAO Reserve announced through Twitter that it bought $50 million worth of Bitcoin and Tron (TRX) to «safeguard the overall blockchain industry and crypto market.»
09.06 / 22:53
Blockchain
Provident
BLOCK
Monero
Monero [XMR] kicks off tail emission; is it enough to trigger some upside
Monero just announced the launch of its tail emission upgrade which is one of its latest and greatest milestones. Here’s what you need to know about the upgrade, its impact on Monero and whether it will impact XMR’s price action.
08.06 / 14:07
Provident
BLOCK
CEO
Platform
Cryptio raises $10m
Cryptio is an enterprise-grade crypto accounting and reporting platform that helps financial institutions, corporates and crypto-native businesses navigate the fragmented digital-asset landscape. The firm already claims more than 200 clients, including Consensys, Aave and DeFi Saver, and has seen revenue grow 12x since its seed round last March.Antoine Scalia, CEO, Cryptio, says: "The biggest challenge with crypto accounting on the institutional level is having auditable and reliable transaction history data.
07.06 / 12:59
UPS
BLOCK
CEO
Indonesian Crypto Exchange Pintu Raises $113m with Backing from Investors
Indonesia's Pintu was backed by several investors who helped the cryptocurrency exchange raise $113 million in a Series B funding round, The Block reported.
03.06 / 00:47
BLOCK
Assurant
Fallout
network
Solana [SOL] network faces a blackout yet again, and here’s the fallout
The Solana network crashed again on 1 June night. It was a 4 and a half hour-long crash that was reported by the Solana team via tweets instantly. This is the latest crash in a series of network outages in less than a year.
02.06 / 05:39
BLOCK
Reuters
Extreme
Bitcoin
NOT
Explaining why people are buying and NOT buying Bitcoin [BTC]
Bitcoin and cryptocurrencies have been at the center of financial markets in 2022. Extreme volatile trends coupled with aggressive development in the Web 3 space have caught the eyes of many. To further study these trends, Block Inc. recently published a report detailing a survey of 9,500 people across major continents.
02.06 / 04:47
Blockchain
BLOCK
solana
network
Reliably unreliable: Solana price dives after latest network outage
The Solana network is not having a good year, having suffered full or partial outages at least seven separate times over the past 12 months.
02.06 / 04:09
Lowe's
BLOCK
Platform
What you should know about the highs and lows of BNB and its chain
During the BNB Chain Revelation Summit on 31 May, BNB Chain announced the launch of a technical roadmap. According to the team, the roadmap has been developed with the purpose of enhancing the network’s decentralized structure, infrastructural capacity for side-chains, and potential for developer-built decentralized applications (dApps).
01.06 / 13:59
BLOCK
Ball
Web3 Projects
Japan's Akatsuki Raises $20m Fund for Investing in Web3 Projects
Japan's Akatsuki announced that it has raised a $20 million fund for investing in web3 projects, according to The Block.
31.05 / 13:07
Blockchain
BLOCK
Google
Discover
Taiwan is Most Interested in NFTs, Says NFT Club Research
Taiwan is where people are the most interested in non-fungible tokens (NFTs), according to research conducted by NFT Club.
27.05 / 13:07
BLOCK
Reuters
Digital
SEC
2024
crypto transfers
Thailand Exempts Crypto Transfers from VAT Payments until 2024
The Thai government has decided to exempt crypto transfers from value-added tax (VAT) payments until December 31, 2023, following a royal decree, the Bangkok Post reported.
24.05 / 22:57
BLOCK
Treasury to Block U.S. Investors From Receiving Russian Debt Payments
WASHINGTON—The Treasury Department moved to cut off Russia’s ability to make payments on its dollar-denominated sovereign debt, putting Russia on a path toward defaulting on its foreign debts this summer and deepening the country’s economic isolation after its invasion of Ukraine.
23.05 / 18:45
BLOCK
SEC
CEO
Flushing
Crypto exchange FTX quietly shops for brokerage start-ups amid move into stock trading, sources say
FTX has been on the hunt to buy brokerage start-ups as the crypto exchange expands into stocks, and its CEO takes a major stake in Robinhood.
21.05 / 16:27
UPS
BLOCK
litecoin
LTC
end
Can Litecoin’s [LTC] long-awaited MWEB update shine a light to end this darkness
On 19 May, Litecoin finally launched its new MimbleWimble (MWEB) upgrade after years of development. The upgrade, which was completed at the Litecoin block height of two million, promised that privacy will be guaranteed as users complete transactions on the Litecoin Network.
19.05 / 14:17
BLOCK
China Insists Party Elites Shed Overseas Assets, Eyeing Western Sanctions on Russia
HONG KONG—China’s Communist Party will block promotions for senior cadres whose spouses or children hold significant assets abroad, people familiar with the matter said, as Beijing seeks to insulate its top officials from the types of sanctions now being directed at Russia.
18.05 / 18:21
13.05 / 14:15
Blockchain
Lowe's
BLOCK
Luna
Terra Resumes after Halting Blockchain Production to Prevent Governance Attacks
Terraform Labs, the company which supports the Terra ecosystem, briefly halted the Terra blockchain for two hours on Thursday after a dramatic slump in LUNA and UST, before restarting at around 1:45 p.m. local time.
13.05 / 00:19
Lowe's
BLOCK
XRP
XRP holders say ‘je n’en puis plus’ as selling magnifies
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice
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