BlackRock’s spot Bitcoin ETF has surpassed $1 billion in inflows for the first time since its launch in January. The world’s largest asset manager, BlackRock, accumulated over $1 billion of inflows to its Bitcoin exchange-traded fund (ETF) across a record trading day as Bitcoin continued to break all-time highs. On Nov. 7, BlackRock’s spot Bitcoin...Continue Reading

Detroit says the move to begin accepting crypto as payment for taxes and other city services was part of a broader effort to “modernize and improve” its payment channels. Detroit will soon allow its residents to pay their taxes and other city fees with cryptocurrency as the city looks to “modernize” and attract blockchain companies...Continue Reading

Block missed its revenue estimates for Q3 and said it is “winding down” its DeFi business to shift money into its Bitcoin mining and wallet businesses. Block Inc’s (SQ) shares tumbled early after hours as its Bitcoin revenue flatlined in Q3 compared to the previous year, and total revenues missed Wall Street expectations. Block shares...Continue Reading

Anthropic’s AI model will be integrated into one of Palantir’s data systems, which is authorized to contain “secrets” critical to US national security. AI firm Anthropic has become the latest firm to give the United States government access to its AI models for national security purposes — following a similar lead to Meta’s announcement earlier...Continue Reading

Asian investors trade overnight to catch the Trump-fueled Bitcoin surge, China accelerates digital yuan push: Asia Express The cryptocurrency industry celebrated Donald Trump’s victory in the 2024 United States presidential election, as Bitcoin surged to new all-time highs. Asian markets joined in the rally, local sources tell Magazine. A lot of Asian traders were working...Continue Reading

WonderFi CEO Dean Skurka reportedly said in an email that he is “safe” now and that no company funds and data were impacted. The CEO of Toronto crypto firm WonderFi Technologies was reportedly kidnapped and forced to pay a $1 million ransom for this release, CBC reported on Nov. 7. Dean Skurka was “forced” into...Continue Reading