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Jack Dorsey-led Block posts $1.5B in Q2 profits, BTC revenue down

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Block Inc. posted $1.47B worth of profit in Q2 but BTC trading services profit only accounted for $41 million of that figure, with the firm citing price volatility and a lack of consumer demand.

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Coin Market

DeFi needs regulation to drive adoption — Web3 exec

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Web3 professional Agne Linge believes that for broader DeFi adoption, regulations must catch up to make people feel safe. 

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Coin Market

Bitcoin eyes $77K as investor confidence spikes post-US election

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Spot Bitcoin ETF recorded a new all-time high of over $1.37 billion in net inflows a day after Trump’s victory.

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High-risk DeFi loans surge after US election as crypto market rallies

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High-risk DeFi loans have soared since the US elections, just months after Curve’s founder was liquidated for over $100 million.

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