Jack Dorsey, CEO of Block (a.k.a. Square) and former head of Twitter, will sit on the Bitcoin Legal Defense Fund’s board. The group is set to cover defendants’ legal fees in the “Tulip Trading” lawsuit.
Read MoreThrough Spring Labs’ ky0x Digital Passport, U.S. credit reporting firm TransUnion will let customers share their credit history with companies operating on the blockchain.
Read MoreDemocrat Shrina Kurani of California and Republican Blake Masters of Arizona have offered NFTs as incentives for campaign donors.
Read MoreThe payments giant confirmed on Friday that it’s looking to develop a stablecoin, a kind of cryptocurrency backed by the U.S. dollar.
Read MoreCrypto bank Anchorage secured $350M in Series D funding at a $3B valuation. Led by KKR, the latest round brings large institutions like Goldman Sachs and BlackRock on board for strategic growth.
Read MoreDue to a technical glitch, data provider CoinMarketCap and crypto trading site Coinbase wildly overinflated cryptocurrency values, listing Bitcoin as high as $789B.
Read MoreIn a not-so-subtle nod to crypto and blockchain, payments company Square, which is led by Twitter co-founder Jack Dorsey, changed its corporate name to Block this week.
Read MorePayments executive David Marcus, a co-creator of Meta’s yet-to-be-launched Diem cryptocurrency, announced he is leaving the company at the end of the year.
Read MoreBitcoin’s value appears to be following the trajectory of the broader market in response to news of the new Omicron coronavirus variant.
Read MoreAmid an inflation report that showed the consumer price index jumping 6.2% compared to one year ago – the fastest year-over-year jump since 1990 – the value of Bitcoin hit $68,950 on Wednesday before falling back. Meanwhile, Etherum soared past $4,800.
Read MoreEthereum, the world’s second-largest digital coin, grew in value more than 4% to more than $4,700 Monday, an all-time high.
Read MoreDigital banking fintech Revolut is looking for a tech lead to build a crypto exchange, according to a recent job posting on LinkedIn.
Read MorePatreon, a subscription platform that allows fans to pay content creators, is considering adding non-fiat payments – including crypto payments – to grow revenue.
Read MoreValkyrie Investments, a company that describes itself as a specialized alternative asset management firm “at the intersection of traditional finance and the emerging cryptocurrency sector” has filed with the Securities and Exchange Commission (SEC) for a leveraged bitcoin exchange-traded fund (ETF).
Read MoreThe Financial Revolutionist is weekly newsletter and blog focused on the torrid pace of financial innovation. Today, thanks to the exponential rate of technological change, explosion in global trade and new regulations ushered in by the Great Financial Crisis, a new financial revolution is under way. In this battle, virtually every aspect of the greater financial services sector is subject to rigorous challenge. With the Financial Revolutionist, we are aspiring to create a boots-on-the-ground and highly opinionated assessment of important financial innovation developments in the past week.
