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SoFi to Go Public Through SPAC Merger at $8.6B Valuation

SoFi to Go Public Through SPAC Merger at $8.6B Valuation

The lending fintech agreed to merge with SPAC Social Capital Hedosophia.

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Market Wrap: Bitcoin Reaches $40.3K While DeFi Value Locked Inflates to Over $22B

Bitcoin’s price crested an all-time high $40,000 mark while DeFi total value locked hits a new record on market fervor.

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Report: SoFi aiming to go public via an SPAC linked to investor Chamath Palihapitiya

Lending startup SoFi is reportedly going public via a deal that would value it at more than $6 billion, per a report from Reuters.

The post Report: SoFi aiming to go public via an SPAC linked to investor Chamath Palihapitiya appeared first on The Block.

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Bull Run Democracy, Revisited

In 2017, high-flying bitcoiners attempted to foment democracy in Venezuela by airdropping crypto and paper wallets. What did we learn from these experiments?

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Bitcoin Miners See Revenue Per TH/s Nearly Triple in 3 Months

Mining revenue has reached its highest mark since early August 2019.

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‘Bitcoin Rich List’ Rebounds to Hit All-Time High

‘Bitcoin Rich List’ broke its all-time high as bitcoin’s price continues to rally.

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‘Decentralized Court’ Aragon Association Hit With Flurry of Resignations

Twelve staffers of the Aragon Association (AA) announced their resignations Thursday due to an apparent lack of financial transparency.

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Can Bitcoin Just Keep Going Up?

With bitcoin (briefly) passing $40,000 for the first time, the question becomes: Can it keep going or is a reset necessary?

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Finland Pushes to Sell Tainted Trove of Bitcoins Worth Tens of Millions

Finland’s customs agency plans to sell nearly 2,000 bitcoins agents seized in drug raids.

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Coinbase hits number 30 in the top 100 free apps on Apple’s mobile store

Coinbase reached the 30th slot out of 100 top free apps on the Apple App Store as of Thursday.

The post Coinbase hits number 30 in the top 100 free apps on Apple’s mobile store appeared first on The Block.

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