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Bitcoin miners are starting to feel the pinch
Bitcoin miners are starting to feel the pinch

The 7-day moving average of Bitcoin’s hash rate has dropped slightly since the halving, to just over 600 EH/s, but is still historically high. This is an excerpt from The Block’s Data & Insights newsletter.

The Block·2024/05/06 20:46
SEC issues Robinhood Crypto with Wells Notice, citing alleged securities violations
SEC issues Robinhood Crypto with Wells Notice, citing alleged securities violations

Robinhood Markets said that the SEC has issued its crypto unit with a Wells Notice. The SEC told the company that it is anticipating filing an enforcement action over alleged securities violations.

The Block·2024/05/06 14:31
Flash
19:23
The annual total dividend payout of the three largest Japanese megabanks is set to surpass 2 trillion yen for the first time.
Recently, the overall profitability of the Japanese banking industry has improved. In addition to the steady growth in income from lending operations, the increase in net interest margins arising from changes in the interest rate environment has also become a key driver for performance enhancement. The record-high total dividend payout this time directly reflects the positive business conditions of the sector.
19:23
The total annual dividends of Japan's three mega-banks are set to surpass 2 trillion yen for the first time.
As the core pillars of Japan's financial industry, these three giant banks have achieved a record-high dividend scale, which also indirectly reflects the recent positive overall operating trend for Japan's banking sector, with profitability showing a notable improvement.
19:19
Rebecca Rettig and Renato Mariotti discuss Gary Gensler’s involvement in prediction market litigation
Rebecca Rettig and Renato Mariotti discuss Gary Gensler's renewed involvement in the prediction market lawsuit and its impact on innovation. (CoinDesk)
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