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Crypto

Elon Musk’s SpaceX (SPCX) tops earnings as bitcoin (BTC) holding value drops by $540 million

Elon Musk’s SpaceX (SPCX) tops earnings as bitcoin (BTC) holding value drops by $540 million

2 months ago by Crypto InsightsCrypto

SpaceX (SPCX), Elon Musk’s space technology company, reported its first quarterly results as a public company on Tuesday, announcing second-quarter revenue of $7.8 billion. That figure topped Wall Street expectations of $6.9 billion, while narrowing its quarterly loss to $541 million as growth accelerated across… Read More

Samsung is bringing stablecoins to 800 million phones in a massive crypto bet

Samsung is bringing stablecoins to 800 million phones in a massive crypto bet

2 months ago by Crypto InsightsCrypto

“By doing so, Samsung Wallet becomes the foundation for an interconnected financial ecosystem across Galaxy devices and services — where it combines payments, rewards, and digital assets into a single unified experience,” he said. If it follows through, over 800 million would potentially have access… Read More

BlackRock (BLK) debuts tokenized access to $311 billion of money market funds in Europe

BlackRock (BLK) debuts tokenized access to $311 billion of money market funds in Europe

2 months ago by Crypto InsightsCrypto

BlackRock (BLK), the world’s largest asset manager, is building on its recent expansion of tokenized cash offerings in the U.S. by tapping into a combined $311 billion of assets under management in European money market funds in a sign of the growing appeal of holding… Read More

U.S. FBI intelligence agent arrested in connection with theft of $1 million in crypto

U.S. FBI intelligence agent arrested in connection with theft of $1 million in crypto

2 months ago by Crypto InsightsCrypto

A supervising U.S. FBI agent who worked in intelligence at the national headquarters has been arrested and accused in a federal court filing of stealing more than $1 million in cryptocurrency. The high-level special agent, identified as Patrick Steven Yarmoch, allegedly turned himself in to… Read More

Trump-backed American Bitcoin (ABTC) executive Matt Prusak joins Giga Energy

Trump-backed American Bitcoin (ABTC) executive Matt Prusak joins Giga Energy

2 months ago by Crypto InsightsCrypto

Matt Prusak, president and interim chief financial officer of Trump-linked bitcoin miner American Bitcoin (ABTC), is leaving the company to join AI and energy infrastructure developer Giga Energy, marking another senior executive move toward the power sector that is increasingly underpinning both bitcoin BTC$62,561.89 mining… Read More

BlackRock expands tokenized cash with new blockchain-based money market offerings

BlackRock expands tokenized cash with new blockchain-based money market offerings

2 months ago by Crypto InsightsCrypto

BlackRock, the world’s largest asset manager, has expanded its tokenized cash platform, introducing a couple of new tokenized money market products, the firm said on Monday. Back in May of this year, BlackRock filed for the new products with the U.S. Securities and Exchange Commission… Read More

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