Phantom crypto wallet raises $150M in Series C at $3B valuation
Phantom said the $150 million funding round accelerates Phantom’s mission to become the world’s biggest consumer finance platform.This post was originally published on this site
Tap and Pay crypto coming to Coinbase Wallet, L2 interoperability in months
Jesse Pollak, the creator of the Ethereum layer-2 network Base, expects the Coinbase Wallet feature to be available for users in 50 countries by the end of 2025.This post was originally published on this site
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.This post was originally published on this site
7 Indicted in $300,000 Queens Bitcoin Theft, Say Prosecutors
Seven individuals have been indicted for stealing over $300,000 in bitcoin from a Queens resident. The charges against them include grand larceny, money laundering, and identity theft, stemming from a lengthy investigation into a cryptocurrency wallet hack. Using advanced hacking techniques, the group allegedly stole the bitcoin and now face potential sentences of five to […]
Queens Bitcoin Heist: Seven Charged With Grand Larceny and Money Laundering
Seven individuals have reportedly been indicted on charges of grand larceny, money laundering, and identity theft for stealing $300,000 in bitcoin from a Queens auto body shop owner. The victim’s 5.75 BTC, originally valued at $92,000, was taken by 20-year-old Aaron Peterson Jr. in November 2022 and later used to purchase luxury items, including a […]
Jack Dorsey’s Block to use 10% of Bitcoin profit to buy BTC every month
Block, Inc. co-founder Jack Dorsey told shareholders its Bitcoin-buying plan, saying its an “investment in a future where economic empowerment is the norm.”This post was originally published on this site
Block, Inc. Q1 results top estimates, shares jump after-hours
Block’s first-quarter 2024 results beat Wall Street analyst estimates on earnings and revenue which saw its share price surge after the bell.This post was originally published on this site
US probes Jack Dorsey’s Block, Inc. over financial transactions: Report
U.S. prosecutors are reportedly investigating the fintech firm after a whistleblower claimed it processed thousands of transactions for users from sanctioned countries and terrorist groups.This post was originally published on this site
Cash App creator dies following stabbing in San Francisco
Bob Lee, the creator of Cash App and the former technology chief at Square has died after he was stabbed by an unknown attacker.This post was originally published on this site
Jack Dorsey and Jay-Z collaborate on Bitcoin Brooklyn educational program
The Shawn Carter Foundation and Cash App will provide informative seminars and classes on Bitcoin to specific New York City residents this summer. This post was originally published on this site