Block CEO Jack Dorsey says his company will support stablecoins, despite having long argued that Bitcoin should serve as the internet’s native money protocol. In an interview with WIRED, Dorsey acknowledged the change while making clear it reflects customer demand rather than a shift in personal belief. “I don’t like that we’re going to support
BlackRock’s Rick Rieder, UBS’s Ulrike Hoffmann-Burchardi, and hedge fund manager Daniel Loeb see a 2026 economy that may keep growing even as the market’s center of gravity shifts. The broad message from their separate appearances at a conference in Miami last week was not that the AI boom is ending. Instead, they said, the easy
Jeff Schmid has said that some businesses have paused hiring. Crypto prices could feel the heat. Oil and gas prices are other possible factors. Kansas City Federal Reserve President Jeff Schmid has made a statement on the hiring pause due to AI. Unemployment rate surged a little in February, and inflation data is yet to
Aylab, a Web3 development entity, has partnered with REI Network, a prominent blockchain network. The partnership aims to advance the scalable Web3 infrastructure growth. As Aylab mentioned in its official X announcement, the joint effort focuses on broadening the REI Network to back gaming, DeFi, and wider real-world applications. Additionally, the move removes friction for
Quack AI announced today that its signature-based execution layer, Q402, is now live on the Avalanche C-Chain, a move the startup says will make agent-driven applications feel native on one of the fastest L1 ecosystems. In a post on X, the team framed the deployment as a milestone for “verifiable, policy-aware execution” that leverages Avalanche’s
Bitcoin traded at $68,094 as of 8 a.m. EST on March 7, 2026, down 3.3% over the previous 24 hours, with a market cap of around $1.36 trillion and roughly $39.07 billion in daily trading volume. The leading cryptocurrency moved within a $67,495 to $70,423 intraday range, while technical indicators across multiple timeframes pointed to
Bitcoin’s rebound on March 4 looked odd if you only watched it through the usual “risk assets are breaking” lens. Oil was jumping, shipping insurers were repricing war risk, and traders were treating the Strait of Hormuz like a live wire. All of the headlines had the cadence of a full-blown crisis. However, Bitcoin climbed
The concerns about quantum computers have emerged again, with veteran crypto researcher Justin Bons warning that they could crack Zcash ($ZEC) and Monero ($XMR). In an update shared by Bons on X, the crypto researcher claims that these privacy-focused coins are at risk. How quantum computing could deanonymize privacy coins Notably, Bons explained that quantum