Block Inc rises 8% as Q1 gives ‘earnings surprise’ despite Bitcoin dip
In recent developments, block’s Q1 earnings beat estimates despite Bitcoin revenue falling 26% on changing Bitcoin “trading dynamics” and reducing fees on Cash App transactions. Looking closer, market participants highlight…
Polygon reduces block time to 1.75 seconds as payments push accelerates
In recent developments, polygon delivered its first block time reduction upgrade since genesis, as the network seeks to position for more high-frequency applications such as private stablecoin payments. Looking closer,…
Bitcoin mining difficulty falls, but projected to rise in next adjustment
In recent developments, the average block time at publication is about 9.8 minutes, falling slightly short of the 10-minute block target, according to CoinWarz. Looking closer, market participants highlight key…
Dorsey shares AI-integrated workplace vision weeks after Block’s 40% staff cut
In recent developments, block cut 4,000 of its staff in February as part of its AI-driven pivot. A new post by Block’s Jack Dorsey has shed light on how the…
Dorsey’s Block laid off 4K employees last month, some are already back
In recent developments, block CEO Jack Dorsey said at the time of the layoffs that the company would have erred in some of the decisions it made and that it…
Vulnerability found in Babylon staking code could slow block production
In recent developments, a newly discovered vulnerability may enable malicious validators to omit the hash field when posting blocks, leading to validator crashes and slowing block production. Looking closer, market…
Block Scholes Report Highlights Growth of Tokenized Stocks, Citing Bitget as …
In recent developments, this content is provided by a sponsor. Victoria, Seychelles, January 5th, 2025—Bitget, the world’s largest Universal Exchange (UEX), has been featured in a newly released report by…
What if Bitcoin blocks signaled the New Year? Creating Universal Bitcoin Time…
In recent developments, bitcoin miners produced block 929,699 on Dec. 27. What if that was the signal for a New Year’s moment, rather than our traditional calendar? The pitch is…
BNB Smart Chain’s Fermi hard fork scheduled to launch in January 2026
In recent developments, the Fermi hard fork will cut block times to 250ms, enabling faster DeFi and real-time apps. It will also introduce extended voting and partial indexing, leading to…
Early Bitcoin Moves Slow Significantly in 2025 as 2010 Block Rewards Rarely B…
In recent developments, with 2025 winding down and just two weeks left on the clock, data from onchain parsers show that only eight block rewards from 2010 have been spent…
