Block Inc rises 8% as Q1 gives ‘earnings surprise’ despite Bitcoin dip
Jack Dorsey’s payments firm Block rose 7.9% in after-hours trading as its Q1 earnings surpassed analyst estimates, despite posting its first loss in three years....
Tag : Block
Prediction markets enter institutional era after first Kalshi block trade
Prediction markets are moving closer to institutional finance as large investors seek direct ways to trade event risk, according to a May 4 Bernstein report. ...
Prediction markets entering institutional era after first block trade — Bernstein
Prediction markets are evolving from retail speculation platforms into institutional-grade financial instruments, driven by demand for precise macro hedging and clearly defined binary outcomes, according...
US law firm attempts to block transfer of frozen ETH from Kelp exploit
A US law firm has filed a restraining notice to block the transfer of frozen Ether from the Kelp exploit, arguing that its clients are...
Jack Dorsey's Block Discloses $2.2B Bitcoin Holdings in Q1 Proof-of-Reserves Report
In brief Jack Dorsey’s fintech firm Block published its first-quarter proof-of-reserves report on Monday, disclosing total Bitcoin holdings of 28,355 BTC, worth roughly $2.2 billion...
Dorsey's Block unveils Bitcoin proof-of-reserves in transparency move
Online payments firm Block has launched proof-of-reserves for its corporate Bitcoin treasury and two of its flagship products, Cash App and Square, joining a growing...
Google Employees Demand CEO Block Military AI Contracts in Open Letter
In brief Over 560 Google employees have signed an open letter urging CEO Sundar Pichai to block military use of the company’s AI technology. Workers...