BlackRock IBIT sees $1.3B dark pool sale

Block’s Cash App has begun a phased rollout of USDC support, turning the app into a stablecoin payment rail for tens of millions of U.S. retail users. Block’s Cash App is gradually enabling stablecoin payments for its nearly 60 million…

Cash App's USDC integration could redefine stablecoins as mainstream financial tools, potentially reshaping digital payment landscapes globally. The post Block’s Cash App rolls out USDC payments to 15 million users this week appeared first on Crypto Briefing.

Cash App's USDC integration could enhance mainstream crypto adoption, boost Solana's credibility, and challenge Tether's market dominance. The post Block’s Cash App rolls out USDC payments to 15M users this week appeared first on Crypto Briefing.

The merger could reshape the entertainment landscape, but high debt and regulatory hurdles may challenge its long-term success and stability. The post Warner Bros. secures bondholder consent for $110B sale to Paramount Skydance appeared first on Crypto Briefing.

A large, unidentified holder sold roughly $1.3 billion worth of BlackRock’s spot Bitcoin ETF, IBIT, through a dark pool on Tuesday morning, in what ETF analysts described as an unusually large block trade. The sale stood out not only because of its size, but because the market appeared to digest it with little visible disruption. […]

A $1.3 billion off-exchange IBIT block sale shook Bitcoin Tuesday, but experts say the real test is yet to come.

Billionaire hedge fund manager Paul Tudor Jones is pouring hundreds of millions of dollars into one giant media company and two US banks. New SEC filings show that the Tudor Investment Corporation has just reported acquiring 7.05 million shares of Warner Bros. Discovery (WBD) worth $193.7 million. The investment comes as Warner Bros. is undergoing […] The post Billionaire Paul Tudor Jones Pours $398,804,000 Into Three Assets, Fully Exits Goldman Sachs and BlackRock appeared first on The Daily Hodl.

Tech companies seem to be falling over each other these days in firing people to either replace them with AI or to pay to build AI infrastructure. Wouldn’t it be nice if they at least waited until AI actually worked for business? On the one hand, top tech businesses such as Amazon, Block, Cisco, Cloudflare, and Meta have all announced that they’re slashing payrolls — either because AI can do the same work as people or they need the cash to build out their AI infrastructure. Isn’t that great? All together, of the 37,638 tech job cuts so far this year, 47.9% — almost half —  can be tracked back to AI.  On the other hand, despite all the AI hype and hysteria, no one has yet proven that AI is, generally speaking, really all that helpful for businesses. Oh, I know, I know. You did great things with OpenClaw vibe programming. Microsoft’s CEO, Satya Nadella, claims 20% to 30% of the company’s code was written by AI. And Nvidia assures us that 88% of its surveyed customers report AI has increa