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Block Is Buying Bitcoin Every Month for Its Balance Sheet
4.5.2024
Block Inc. has announced its strategy of regularly purchasing bitcoin for its corporate balance sheet via dollar-cost averaging (DCA). The company plans to allocate 10% of its monthly gross profit from bitcoin products towards investments in the cryptocurrency. “We view bitcoin as...
US probes Jack Dorsey’s Block, Inc. over financial transactions: Report
2.5.2024
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
Poland’s Regulator Gets Authority to Block Crypto Access Ahead of MiCA Bill
12.3.2024
The new authority will enable KNF to independently block crypto accounts for 96 hours if any suspension arises.
The post Poland’s Regulator Gets Authority to Block Crypto Access Ahead of MiCA Bill appeared first on Cryptonews
FTX Creditors File Motion to Block Crypto Valuation with Low 2022 Prices
12.1.2024
Source: Adobe / Александр Поташев A group of FTX creditors have filed a motion seeking to stop plans of the collapsed exchange from valuing their cryptocurrency assets based on 2022 prices. FTX Creditors...
With Just 0.0004% of Bitcoin’s Hashpower, Solo Miner’s 2 PH/S Effort Secures Block Reward
27.11.2023
On November 26, 2023, a stroke of remarkable luck befell a solo miner when they discovered block 818,588, verifying a total of 4,193 transactions. This achievement garnered the miner a total of 6.887 BTC, inclusive of the 6.25 BTC subsidy and transaction fees. Solo Miner’s Slim Odds Pay Off:...
Chase UK to Block Crypto Payments Amid Scam Concerns and Regulatory Changes
26.9.2023
JPMorgan Chase & Co.’s U.K. division, Chase UK, is putting the brakes on cryptocurrency-related payments. Come October 16, any Chase UK customers attempting to make a bank transfer or card payment linked to crypto will find themselves thwarted. Chase UK to Halt Crypto Payments...
Chase U.K. to Block Crypto Payments Citing Fraud, Scams
26.9.2023
Starting Oct. 16, the bank will decline customer attempts to make payments related to crypto assets
Nepal Orders Internet Providers to Block Crypto-Related Websites
10.1.2023
Nepal's Telecommunications Authority has instructed all internet service providers (ISPs) to prevent operating and managing crypto-related “websites, apps or online networks.”
Nepal regulator orders ISPs to block crypto websites or face the law
10.1.2023
Nepalese internet and email providers were put on notice by the country’s telco regulator to block crypto-related websites or face legal action
Lucky Block Crypto Casino: The Best of Both Worlds – Casino Games and Sports Betting
21.12.2022
Lucky Block Casino and Sportsbook has been a popular destination for casino gamers and sports betting enthusiasts since its launch in November, just in time for the FIFA World Cup. Players can enjoy an array of casino games such as slot machines, blackjack, roulette and baccarat while also wagering...
‘Cryptocurrencies Like Bitcoin Make Global Commerce Easy’ — Founder of Nigerian Crypto Exchange
26.11.2022
Despite the Central Bank of Nigeria (CBN)’s Feb. 5, 2021 directive that instructed banks to block crypto entities from the financial system, the demand and use of cryptocurrencies have continued to grow. Not even the central bank’s subsequent crackdown on crypto entities it accused...
EU Countries Must Be Ready to Block Crypto Mining, Commission Says
18.10.2022
The European Union's executive arm also wants blockchains to show energy-efficiency labels, and to end crypto tax breaks
Lucky Block Beats Other NFT Competition Platforms like NFT-Competitions
7.9.2022
The non-fungible token (NFT) market has reported tremendous growth during the past year. Multiple NFT competition platforms have also sprouted during this time, with one of them being Lucky Block. Lucky Block is one of the largest NFT competition platforms powered by the LBLOCK token....
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Report: Four Nigerian Lenders Penalized for Failing to Block Crypto Transactions
7.4.2022
The Nigerian central bank recently fined four financial institutions it accuses of failing to stop clients from using their respective platforms to conduct cryptocurrency transactions. According to one of the affected institutions, the central bank is using a certain “advanced...
Payment services provider Shift4 acquires The Giving Block for $54 million
1.3.2022
Shift4 has more than 425 software integrations and over 200,000 merchant customers
Canada Asks Banks, Exchanges to Block Crypto Accounts Tied to Trucker Convoy Protests
17.2.2022
The Royal Canadian Mounted Police (RCMP), the country's federal and national police service, has reportedly asked several crypto exchanges to halt transactions to over 30 crypto wallet addresses that are considered to be tied to the ongoing trucker protests....
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Bithumb to block crypto withdrawals to unverified private wallets
25.1.2022
Bithumb users in South Korea have just two days to perform another round of KYC in order to whitelist their personal wallets, or crypto withdrawals will be blocked
Industry experts reveal a possible method for Bank of Russia to block crypto
24.12.2021
Bank of Russia’s crypto restrictions through MCC would unlikely affect exchanges that have been operating illegally so far
Russian Central Bank Tells Domestic Banks to Block Crypto Exchange Transactions
13.9.2021
gal business activities” such as “cryptocurrency exchanges,” which it clumped together in the same group as “online casinos and lotteries,” “financial pyramid schemes” and forex dealers.The central bank said it wanted domestic financial institutions to “block transactions” and “completely sto
H&R Block needs clear regulations before dealing with crypto taxes, CEO says
25.5.2021
Ultimately, crypto taxing could be part of the business, H&R Block CEO Jeff Jones added