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Labor Department has ‘grave concerns’ over Fidelity’s 401(k) bitcoin plans

Labor Department has ‘grave concerns’ over Fidelity’s 401(k) bitcoin plans

The US Labor Department has “grave concerns” about the decision to offer Bitcoin in its retirement savings portfolio.

The post Labor Department has ‘grave concerns’ over Fidelity’s 401(k) bitcoin plans appeared first on The Block.

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CoinFund executives explain why crypto is the ‘obvious’ choice for ambitious fintech pioneers

In this episode of The Scoop, CoinFund executives Jake Brukhman and Chris Perkins explain why the combination of crypto and traditional finance expertise is the key to unlocking the full potential of blockchain technology.

The post CoinFund executives explain why crypto is the ‘obvious’ choice for ambitious fintech pioneers appeared first on The Block.

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Yuga Labs’s Otherside scraps Dutch-style auction for NFT sale

Yuga Labs’s impending sale of NFTs for its Otherside metaverse will no longer use a Dutch-style auction this weekend.

The post Yuga Labs’s Otherside scraps Dutch-style auction for NFT sale appeared first on The Block.

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Walmart-owned Indian e-commerce giant Flipkart plans web3 expansion

Flipkart has launched an innovation unit for its entry into the web3 industry.

The post Walmart-owned Indian e-commerce giant Flipkart plans web3 expansion appeared first on The Block.

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SALT/FTX conference highlights emerging crypto scene in The Bahamas

Here are Frank Chaparro’s impressions from behind the scenes at the FTX/SALT conference this week in The Bahamas.

The post SALT/FTX conference highlights emerging crypto scene in The Bahamas appeared first on The Block.

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Coinbase launches new line of products to mitigate fraud

Coinbase is launching a new line of products to keep pace with global crypto regulations and prevent illegal transactions.

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Goldman Sachs offers bitcoin-backed loan: Bloomberg

The banking giant offered a lending facility with bitcoin as collateral, according to a report.

The post Goldman Sachs offers bitcoin-backed loan: Bloomberg appeared first on The Block.

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Bitcoin miner Argo saw a 291% revenue increase in 2021

The company, which has bicoin mining centers in Canada and in the US, announced its 2021 results.

The post Bitcoin miner Argo saw a 291% revenue increase in 2021 appeared first on The Block.

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Robinhood’s net revenues are down, but crypto is becoming a bigger piece of the pie

Transaction-based revenues are down, but trading platform Robinhood’s crypto business is still a major driver of its revenue.

The post Robinhood’s net revenues are down, but crypto is becoming a bigger piece of the pie appeared first on The Block.

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Former Google CEO calls idea of a more decentralized Web ‘very powerful’

Eric Schmidt, who worked at Google for nearly two decades, said that he’s particularly interested in Web3.

The post Former Google CEO calls idea of a more decentralized Web ‘very powerful’ appeared first on The Block.

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