Strategy, the software-firm-turned-bitcoin-treasury-pioneer, reportedly qualified for a potential S&P 500 listing. The milestone followed a strong second quarter for Strategy, which earned $10 billion in net income and saw continued growth in its Bitcoin holdings, CoinDesk reported Monday (Sept. 1). Strategy has met all the...
It’s no secret the Trump Administration loves bitcoin and crypto. And as news this week from the Department of Commerce shows, that enthusiasm is now spilling over across the rest of the government. On Thursday (Aug. 28), the Commerce Department announced that it will begin posting...
Chainlink has teamed with the U.S. Department of Commerce to bring government macroeconomic data on-chain. The new Chainlink Data Feeds, announced Wednesday (Aug. 28), aim to securely deliver important information involving key U.S. economic data on-chain, including real gross domestic product (GDP), personal consumption expenditures...
Google’s Layer 1 blockchain will provide a neutral infrastructure layer for use by financial institutions, Google Cloud Head of Strategy, Web3 Rich Widmann said Tuesday (Aug. 26). Writing in a post on LinkedIn, Widmann said the blockchain, Google Cloud Universal Ledger (GCUL), “brings together years...
The crypto space runs, in many ways, on the belief espoused by tech billionaires eager to sell the next big disruption. That’s why when venture capitalist Tim Draper predicted that bitcoin would replace the U.S. dollar as the world’s reserve currency within the next decade, it...
Personal finance company SoFi is set to debut an international money transfer service. This service, the company announced Tuesday (Aug. 19), will operate directly from the SoFi app in partnership with crypto infrastructure provider Lightspark. According to a news release, Lightspark will enable the transfers via Universal Money Address (UMA),...
Block has launched new bitcoin mining hardware and software designed to decentralize and streamline the process of bitcoin mining. The new products are offered by Proto Global, a Block brand that offers bitcoin mining products and services, the company said in a Thursday (Aug. 14) press release. ...
Blockchain technology is putting on a suit and tie as it tries to woo the staid halls of Fortune 500 businesses. As the sector’s innovative architecture for money movement matures beyond hype cycles and speculative tokens toward cross-border B2B payments and treasury management, a clearer,...
Stripe is reportedly developing a new blockchain in partnership with cryptocurrency-focused venture capital firm Paradigm. That’s according to a report Monday (Aug. 11) from Fortune, citing a job posting on a site for the crypto lobbying group Blockchain Association. “Tempo is a high-performance, payments-focused blockchain,” the posting said, advertising...