Coinbase remains ‘100% committed’ to US market: Armstrong
    05 May 2023

    The Coinbase CEO has a lot of faith that Congress will make a “clear rule book” for crypto firms to follow. But the Securities and Exchange Commission? Not so much. United States-founded cryptocurrency exchange Coinbase has no plans to move its operations out of the U.S., CEO Brian Armstrong told investors in an Q1 earnings…

    Cash App Bitcoin revenue tops $2 billion in the first quarter
    05 May 2023

    Block’s Q1 earnings report reveals a 25% year-on-year increase in Bitcoin revenue from the fintech firm’s flagship product Cash App. Fintech firm Block, owned by Twitter founder Jack Dorsey, has reported a staggering $2.16 billion in Bitcoin revenue on its bellwether product Cash App in Q1. According to a shareholder letter announcing its Q1 2023 earnings, Block (NYSE:SQ)…

    How does quantum computing impact the finance industry?
    05 May 2023

    How does quantum computing help the finance industry? QCs are only in the developmental stage; experiments are already showing their great potential in the finance industry. Based on the World Economic Forum’s estimate from 2022, national governments have invested more than $25 billion in quantum computing research, and over $1 billion in venture capital deals were closed…