Twenty One Capital, the bitcoin (BTC) treasury firm backed by Tether and Softbank, plans to add 5,800 BTC to its reserves ahead of a public listing through its merger with Cantor Equity Partners, the firm said Tuesday. The contribution, led by Tether as part of an existing arrangement, would bring Twenty One’s total holdings to … Read more
2023 brought the crypto sector face to face with regulatory and macro-economic challenges – that kept the price points of majority cryptocurrencies relatively low. Despite the volatility that the sector witnessed last year, several corporate firms did not lose hope on their crypto engagements. Social networking platform Reddit and Jack Dorsey’s fintech firm Block are … Read more
With an evident expansion of the global crypto economy underway, the industry of crypto mining has emerged as an integral part of the overall Web3 ecosystem. Jack Dorsey, the founder and former CEO of X (formerly Twitter) has realised the potential of the growing crypto mining business and has forayed into the industry. Dorsey, through … Read more
After Binance and Coinbase, the authorities in the US are now reportedly opening an investigation on the crypto business of Jack Dorsey’s payments firm, Block. As per reports, the US authorities have identified compliance violations from the fintech company that has now opened a deeper probe into its business practices. For some time now, authorities … Read more
Ocean Mining, a Bitcoin mining pool backed by Block head Jack Dorsey, has established its global headquarters in El Salvador. The country’s pro-crypto policies are what attracted this crypto mining pool to move there. Crypto mining operations are known to be very power intensive, which has led to several nations discouraging and even banning these … Read more
Apple, with its iPhone 15 series, made the shift from its proprietary lightning port to the USB Type-C in compliance with the regulations made mandatory by the European Union (EU). Now, it appears that the Cupertino-based technology giant is planning to discontinue its accessories which feature a lightning port, starting with the lightning to 3.5mm … Read more
Sony has added a new model this year to its vlogging camera series called the ZV-E10. It’s not a follow-up to the Sony ZV-1, which launched last year, but is more of an advanced version of it which supports interchangeable lenses and has a larger sensor. What’s even more interesting is the price of this … Read more
The international arm of Ant Group, the company backed by Alibaba founder Jack Ma, plans to bring Circle’s USDC stablecoin onto its proprietary blockchain. The rollout will start once U.S. regulators certify the dollar-pegged token under the new federal rules, Bloomberg reported, citing people familiar with the deal. The move would give USDC a link … Read more
Block CEO and Twitter co-founder Jack Dorsey has launched the beta version of a new decentralized peer-to-peer messaging service that runs entirely over Bluetooth. Jack Dorsey said his weekend was spent learning about “Bluetooth mesh networks, relays, store and forward models, message encryption models, and a few other things” as he introduced Bitchat on X … Read more
Block CEO and Twitter co-founder Jack Dorsey has launched the beta version of a new decentralized peer-to-peer messaging service that runs entirely over Bluetooth. Jack Dorsey said his weekend was spent learning about “Bluetooth mesh networks, relays, store and forward models, message encryption models, and a few other things” as he introduced Bitchat on X … Read more