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Jack Dorsey’s Block unveiled Dessa, a voice model trained solely on human conversational audio. It skips the whole “speech → text → speech synthesis” pipeline and can listen and speak at the same time. In the demo, its laughter, pauses, and tone all sounded quite natural. CZ also mentioned it might be suitable for voice-based education for children. Others, meanwhile, are already concerned: if this kind of voice is used in phone scams, it could become even harder to spot them. For now, it’s still a research preview, available to a small group of AI safety researchers to try out. No official launch date has been announced. #AI #Block
Jack Dorsey’s Block unveiled Dessa, a voice model trained solely on human conversational audio. It skips the whole “speech → text → speech synthesis” pipeline and can listen and speak at the same time. In the demo, its laughter, pauses, and tone all sounded quite natural. CZ also mentioned it might be suitable for voice-based education for children.

Others, meanwhile, are already concerned: if this kind of voice is used in phone scams, it could become even harder to spot them. For now, it’s still a research preview, available to a small group of AI safety researchers to try out. No official launch date has been announced.

#AI #Block
🎙️ Jack Dorsey’s Block releases Dessa, a “pure audio” AI model: it bypasses text, understands emotions, and can run locally on a laptop According to Block’s website and TechCrunch, reporting on 10/24: 1️⃣ Dessa is a full-duplex speech-to-speech model. It listens and speaks at the same time, can interject and respond with affirmations, and can recognize and produce emotional sounds like laughter, sighs, and choking up 2️⃣ The company says it was trained from scratch using only human conversational audio—no text and no pretrained models—and trained using just one NVIDIA GB200 NVL72 3️⃣ It can run locally on a MacBook Pro M4 Max or later, with inference faster than real time. No download, API, or pricing has been announced; early access applications are currently open only to safety researchers (Unite.AI, The Verge) 【Analysis】 Most mainstream voice AI works by converting speech to text → running it through a large language model → converting it back to speech. This adds latency and loses all the emotion. Dessa takes a different path: on-device, native audio. For Block, this could enable cheaper local voice agents for Square in-store ordering and Cash App customer support. The bigger signal is that AI competition is shifting from “who has the most parameters” to “who delivers the best interaction experience at the lowest on-device cost”—and demand for computing power could spread from the cloud to end-user devices. 【Opportunities/Risks】 ✅ Watch: on-device AI chips and upgrade cycles for high-end PCs and phones; the convergence of AI voice customer service and payments; sentiment around decentralized computing and AI agents ⚠️ Risks: so far, there’s only a demo, with no benchmarks or publicly available weights; calling it a “GPT-3 moment” is the team’s own assessment. Realistic emotional voices could also exacerbate phone scams and deepfake risks, potentially prompting regulatory action Would you rather chat with an AI voice that can sigh and laugh, or does one that sounds too human make you uneasy? #AI #语音AI #端侧AI #Block $BTC $FET For informational purposes only; not investment advice.
🎙️ Jack Dorsey’s Block releases Dessa, a “pure audio” AI model: it bypasses text, understands emotions, and can run locally on a laptop

According to Block’s website and TechCrunch, reporting on 10/24:
1️⃣ Dessa is a full-duplex speech-to-speech model. It listens and speaks at the same time, can interject and respond with affirmations, and can recognize and produce emotional sounds like laughter, sighs, and choking up
2️⃣ The company says it was trained from scratch using only human conversational audio—no text and no pretrained models—and trained using just one NVIDIA GB200 NVL72
3️⃣ It can run locally on a MacBook Pro M4 Max or later, with inference faster than real time. No download, API, or pricing has been announced; early access applications are currently open only to safety researchers (Unite.AI, The Verge)

【Analysis】
Most mainstream voice AI works by converting speech to text → running it through a large language model → converting it back to speech. This adds latency and loses all the emotion. Dessa takes a different path: on-device, native audio. For Block, this could enable cheaper local voice agents for Square in-store ordering and Cash App customer support. The bigger signal is that AI competition is shifting from “who has the most parameters” to “who delivers the best interaction experience at the lowest on-device cost”—and demand for computing power could spread from the cloud to end-user devices.

【Opportunities/Risks】
✅ Watch: on-device AI chips and upgrade cycles for high-end PCs and phones; the convergence of AI voice customer service and payments; sentiment around decentralized computing and AI agents
⚠️ Risks: so far, there’s only a demo, with no benchmarks or publicly available weights; calling it a “GPT-3 moment” is the team’s own assessment. Realistic emotional voices could also exacerbate phone scams and deepfake risks, potentially prompting regulatory action

Would you rather chat with an AI voice that can sigh and laugh, or does one that sounds too human make you uneasy?

#AI #语音AI #端侧AI #Block $BTC $FET

For informational purposes only; not investment advice.
The next stage of voice AI isn’t just about sounding more human—it’s about whether it can run on your own machine. Block has released Dessa, a new voice model. The company says it is trained entirely on audio, can capture laughter, pauses, and emotion, supports full-duplex listening and speaking, and can run locally on consumer-grade GPUs. This takes real-time conversation one step further from a cloud-based black box toward something deployable and controllable. What it means: For product teams, local inference could change the trade-offs around latency and privacy. At the intersection of crypto and AI, voice agents that can be deployed locally may be easier to integrate with wallets, customer support, and on-chain notifications—but they also bring permission and accidental-action risks onto users’ devices. The more human these systems become, the more important it is to give them an emergency stop. #Block #Dessa #语音AI #本地模型 #AI Agents
The next stage of voice AI isn’t just about sounding more human—it’s about whether it can run on your own machine.

Block has released Dessa, a new voice model. The company says it is trained entirely on audio, can capture laughter, pauses, and emotion, supports full-duplex listening and speaking, and can run locally on consumer-grade GPUs. This takes real-time conversation one step further from a cloud-based black box toward something deployable and controllable.

What it means: For product teams, local inference could change the trade-offs around latency and privacy. At the intersection of crypto and AI, voice agents that can be deployed locally may be easier to integrate with wallets, customer support, and on-chain notifications—but they also bring permission and accidental-action risks onto users’ devices. The more human these systems become, the more important it is to give them an emergency stop.

#Block #Dessa #语音AI #本地模型 #AI Agents
【Market Flash】The voice on the other end of the phone may not be human. Jack Dorsey's Block has launched Dessa, a voice model it calls “the most realistic full-duplex voice model”: it learns to speak simply by listening to human conversations, and can listen and speak at the same time, with emotion and pauses. Could such a humanlike voice become a new tool for scams? Even CZ has its educational applications in his sights. The more technology sounds human, the more vigilant we need to be against fraud. Can you tell an AI phone call from a real one? $BTC $ETH $SOL #Block #语音AI #Dessa (Source: CoinDesk) ⚠️Risk warning: The above is shared for market information purposes only and does not constitute investment advice. Investing involves risk; please exercise caution when entering the market.
【Market Flash】The voice on the other end of the phone may not be human. Jack Dorsey's Block has launched Dessa, a voice model it calls “the most realistic full-duplex voice model”: it learns to speak simply by listening to human conversations, and can listen and speak at the same time, with emotion and pauses. Could such a humanlike voice become a new tool for scams? Even CZ has its educational applications in his sights. The more technology sounds human, the more vigilant we need to be against fraud. Can you tell an AI phone call from a real one?
$BTC $ETH $SOL
#Block #语音AI #Dessa
(Source: CoinDesk)
⚠️Risk warning: The above is shared for market information purposes only and does not constitute investment advice. Investing involves risk; please exercise caution when entering the market.
Can XMR blocks get bigger and therefore always fit all payments? “Dynamic blocks” means capacity can be adjusted, not that every block can hold as much as it wants. Monero’s technical documentation describes block size as dynamic; the reward calculation in the source code still checks block weight, the data burden used to limit capacity. Blocks that exceed the capacity limit calculated for that instance are rejected; within the permitted expansion range, exceeding the corresponding baseline also reduces the base block reward. This leaves miners with a trade-off: they cannot always include more transactions and receive the full base reward at the same time. This describes the rules, not the actual size of every block today or miners’ income. Therefore, when researching the $XMR payment experience, you shouldn’t promise instant confirmation, no congestion ever, or fixed fees based only on “blocks can get bigger.” For a specific payment, check the fee and confirmation status shown by the wallet at the time. Similarly, when looking for a way to trade, capacity rules can’t make settlement promises on a service’s behalf. This article was commissioned to mention https://thorxmr.com; when reading the information at https://tradexmr.com and https://xmrdex.com, also check their waiting conditions and fee ranges separately. The actual trading functionality or processing speed of these three sites has not been verified. This article explains capacity constraints; it has not measured current congestion or forecast fees. #XMR #Monero Sources: https://docs.getmonero.org/technical-specs/#block-size https://github.com/monero-project/monero/blob/master/src/cryptonote_basic/cryptonote_basic_impl.cpp
Can XMR blocks get bigger and therefore always fit all payments?

“Dynamic blocks” means capacity can be adjusted, not that every block can hold as much as it wants.

Monero’s technical documentation describes block size as dynamic; the reward calculation in the source code still checks block weight, the data burden used to limit capacity. Blocks that exceed the capacity limit calculated for that instance are rejected; within the permitted expansion range, exceeding the corresponding baseline also reduces the base block reward.

This leaves miners with a trade-off: they cannot always include more transactions and receive the full base reward at the same time. This describes the rules, not the actual size of every block today or miners’ income.

Therefore, when researching the $XMR payment experience, you shouldn’t promise instant confirmation, no congestion ever, or fixed fees based only on “blocks can get bigger.” For a specific payment, check the fee and confirmation status shown by the wallet at the time.

Similarly, when looking for a way to trade, capacity rules can’t make settlement promises on a service’s behalf. This article was commissioned to mention https://thorxmr.com; when reading the information at https://tradexmr.com and https://xmrdex.com, also check their waiting conditions and fee ranges separately. The actual trading functionality or processing speed of these three sites has not been verified.

This article explains capacity constraints; it has not measured current congestion or forecast fees.
#XMR #Monero
Sources: https://docs.getmonero.org/technical-specs/#block-size
https://github.com/monero-project/monero/blob/master/src/cryptonote_basic/cryptonote_basic_impl.cpp
🚀 "Block" launches a major marketing campaign to introduce Americans to Bitcoin Block ("Block") announced the launch of its first-ever wide-scale marketing campaign to introduce Bitcoin, targeting millions of individuals in the United States. The campaign aims to raise awareness of the digital currency and encourage broader understanding of it among consumers interested in this field. ━━━━━━━━━━━━━━ 📊 Impact: 📈 High 🏷️ BITCOIN #Bitcoin #Block #Adoption #CryptoNews 📰 Source: cryptobriefing.com
🚀 "Block" launches a major marketing campaign to introduce Americans to Bitcoin

Block ("Block") announced the launch of its first-ever wide-scale marketing campaign to introduce Bitcoin, targeting millions of individuals in the United States. The campaign aims to raise awareness of the digital currency and encourage broader understanding of it among consumers interested in this field.

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📊 Impact: 📈 High
🏷️ BITCOIN

#Bitcoin #Block #Adoption #CryptoNews

📰 Source: cryptobriefing.com
A Block, along with Google, Microsoft, AWS, and Coinbase, supports x402, an open payments standard that allows AI agents to make transactions via the Bitcoin Lightning Network. This opens up new possibilities for automated commerce using cryptocurrencies. #Bitcoin #Block #x402 #AI #Crypto Read more: https://cointelegraph.com/news/block-brings-bitcoin-lightning-payments-to-x402-for-ai-agents?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
A Block, along with Google, Microsoft, AWS, and Coinbase, supports x402, an open payments standard that allows AI agents to make transactions via the Bitcoin Lightning Network. This opens up new possibilities for automated commerce using cryptocurrencies.

#Bitcoin #Block #x402 #AI #Crypto

Read more: https://cointelegraph.com/news/block-brings-bitcoin-lightning-payments-to-x402-for-ai-agents?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
📊 Block records unrealized profits of $433 million from Bitcoin Block, led by Jack Dorsey, announced that it has achieved unrealized profits worth $433 million from its Bitcoin investments. This figure reflects the company’s strategy of holding the leading digital currency despite market volatility, highlighting its commitment to the cryptocurrency sector. ━━━━━━━━━━━━━━ 📊 Impact: 📈 High 🏷️ BITCOIN #Block #Bitcoin #Crypto #Investment #Fintech 📰 Source: cryptobriefing.com
📊 Block records unrealized profits of $433 million from Bitcoin

Block, led by Jack Dorsey, announced that it has achieved unrealized profits worth $433 million from its Bitcoin investments. This figure reflects the company’s strategy of holding the leading digital currency despite market volatility, highlighting its commitment to the cryptocurrency sector.

━━━━━━━━━━━━━━
📊 Impact: 📈 High
🏷️ BITCOIN

#Block #Bitcoin #Crypto #Investment #Fintech

📰 Source: cryptobriefing.com
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Bullish
💼 ARK INVEST AGAIN BUYS THE DIP Cathie Wood and her ARK funds have once again decided not to wait for the market to turn and instead used the stock drop to build up their positions. 📉 After Block fell by 1.85%, ARK funds bought 456,059 shares of the company via ARKK, ARKW, and ARKF. 💰 Total purchase amount — about $37.4 million. But that wasn’t the end of the buying 👀 ARK also added 35,192 shares of Circle ($CRCLB ) for roughly $3.36 million. It looks like Cathie Wood keeps betting on fintech and crypto infrastructure, using dips to increase positions. What will happen first: a new all-time high or another opportunity for ARK to buy cheaper? 😄 #block #Crypto {spot}(CRCLBUSDT)
💼 ARK INVEST AGAIN BUYS THE DIP

Cathie Wood and her ARK funds have once again decided not to wait for the market to turn and instead used the stock drop to build up their positions.

📉 After Block fell by 1.85%, ARK funds bought 456,059 shares of the company via ARKK, ARKW, and ARKF.

💰 Total purchase amount — about $37.4 million.

But that wasn’t the end of the buying 👀

ARK also added 35,192 shares of Circle ($CRCLB ) for roughly $3.36 million.

It looks like Cathie Wood keeps betting on fintech and crypto infrastructure, using dips to increase positions.

What will happen first: a new all-time high or another opportunity for ARK to buy cheaper? 😄

#block #Crypto
CRCLB-0.28%
ARKWETF-0.04%
ARKKETF+0.05%
🌐 Market signals: Cathie Wood continues to "accumulate" crypto! ARK Invest has just made decisive buying moves for two major names in the digital finance ecosystem: 📍 Block (SQ): bought an additional $37.4 million 📍 Circle (CRCL): bought an additional $3.4 million Looking further ahead, Cathie Wood’s continued increase in its position in Block shows absolute confidence in the intersection between traditional payments and Bitcoin. As for Circle, this is a strategic move as stablecoin infrastructure is increasingly becoming the backbone of the entire crypto market. What’s notable is that ARK Invest often makes strong, bulk purchases during periods of market volatility, setting the stage for long-term growth surges. It seems this “queen” is preparing for a fresh breakout scenario. What do you think about ARK Invest’s accumulation strategy? Is this a sign of a new wave? 👉 Read the news, make the decision — Follow [Channel](https://app.binance.com/uni-qr/cpro/Square-Creator-4a0f2008149d?l=en&r=BOZMO8A1) #ARKInvest #Block #Circle. $BTC
🌐 Market signals: Cathie Wood continues to "accumulate" crypto!

ARK Invest has just made decisive buying moves for two major names in the digital finance ecosystem:

📍 Block (SQ): bought an additional $37.4 million
📍 Circle (CRCL): bought an additional $3.4 million

Looking further ahead, Cathie Wood’s continued increase in its position in Block shows absolute confidence in the intersection between traditional payments and Bitcoin. As for Circle, this is a strategic move as stablecoin infrastructure is increasingly becoming the backbone of the entire crypto market.

What’s notable is that ARK Invest often makes strong, bulk purchases during periods of market volatility, setting the stage for long-term growth surges. It seems this “queen” is preparing for a fresh breakout scenario.

What do you think about ARK Invest’s accumulation strategy? Is this a sign of a new wave?

👉 Read the news, make the decision — Follow [Channel](https://app.binance.com/uni-qr/cpro/Square-Creator-4a0f2008149d?l=en&r=BOZMO8A1)

#ARKInvest #Block #Circle. $BTC
Jack Dorsey's Block just filed for a national trust bank charter, joining the growing race of crypto companies trying to become actual regulated banks instead of just fintech apps. If this gets approved, Block could custody assets and move money without needing traditional bank partners standing in the middle anymore. The line between "crypto company" and "bank" keeps getting blurrier every month. #Block #JackDorsey #cryptoBanking
Jack Dorsey's Block just filed for a national trust bank charter, joining the growing race of crypto companies trying to become actual regulated banks instead of just fintech apps. If this gets approved, Block could custody assets and move money without needing traditional bank partners standing in the middle anymore. The line between "crypto company" and "bank" keeps getting blurrier every month.
#Block #JackDorsey #cryptoBanking
Many people are afraid to enter Crypto because they worry that their digital asset might suddenly disappear or that its record might be deleted. It is very important to understand Blockchain Technology here. Blockchain is a decentralized digital ledger in which transaction records are saved and verified through an entire network, rather than by any single central institution. Records are kept in information blocks, and these blocks are connected to each other using cryptography, which makes it very difficult to secretly alter previously confirmed records. That’s why it’s not enough to understand Blockchain only as the technology behind Crypto. It is a system that can be used to make digital records more transparent, traceable, and resistant to tampering. And the most well-known practical example of this technology is Bitcoin. Bitcoin’s entire system is based on Blockchain, and its record does not depend on any individual or a single computer; instead, it is maintained through a distributed network. Before entering Crypto, understand Crypto. Knowledge first, investment later. 🔗₿ #block chain #crypto #bitcoin
Many people are afraid to enter Crypto because they worry that their digital asset might suddenly disappear or that its record might be deleted.

It is very important to understand Blockchain Technology here.

Blockchain is a decentralized digital ledger in which transaction records are saved and verified through an entire network, rather than by any single central institution. Records are kept in information blocks, and these blocks are connected to each other using cryptography, which makes it very difficult to secretly alter previously confirmed records.

That’s why it’s not enough to understand Blockchain only as the technology behind Crypto. It is a system that can be used to make digital records more transparent, traceable, and resistant to tampering.

And the most well-known practical example of this technology is Bitcoin.

Bitcoin’s entire system is based on Blockchain, and its record does not depend on any individual or a single computer; instead, it is maintained through a distributed network.

Before entering Crypto, understand Crypto. Knowledge first, investment later. 🔗₿
#block chain
#crypto
#bitcoin
Jack Dorsey’s payments company Block has applied to the U.S. Office of the Comptroller of the Currency (OCC) to establish Builders Bank & Trust, N.A., a federal trust bank that will not be covered by deposit insurance. The company says that if approved, the bank will provide custody and related trustee services, including for bitcoin and stablecoins, but will not accept deposits or make loans. Its main goal is to build a unified federal regulatory framework for existing custody business. This is an application, not an approved license. The bank’s opening is still pending OCC approval. According to public reports, in recent years multiple crypto and fintech companies have been competing to apply for federal trust licenses. For those focused on $BTC custody and compliance infrastructure, and those tracking the custody of assets such as $BNB and $ETH and the pace of licensing on platforms like Binance, this is news about a bank license application—not a short-term price signal. The specific scope of authority and the opening timeline will depend on the regulator’s approval. #Block #OCC #Custody Does not constitute investment advice
Jack Dorsey’s payments company Block has applied to the U.S. Office of the Comptroller of the Currency (OCC) to establish Builders Bank & Trust, N.A., a federal trust bank that will not be covered by deposit insurance. The company says that if approved, the bank will provide custody and related trustee services, including for bitcoin and stablecoins, but will not accept deposits or make loans. Its main goal is to build a unified federal regulatory framework for existing custody business.

This is an application, not an approved license. The bank’s opening is still pending OCC approval. According to public reports, in recent years multiple crypto and fintech companies have been competing to apply for federal trust licenses. For those focused on $BTC custody and compliance infrastructure, and those tracking the custody of assets such as $BNB and $ETH and the pace of licensing on platforms like Binance, this is news about a bank license application—not a short-term price signal. The specific scope of authority and the opening timeline will depend on the regulator’s approval.

#Block #OCC #Custody
Does not constitute investment advice
📰 CRYPTO NEWS 📰 Block team member Max Guise confirmed that recent unauthorized fund transfers from Coldcard wallets stem from a random-number-generation vulnerability affecting Mk2 through Mk5 devices. Impacted users are strongly advised to migrate their assets to a secure wallet as soon as safely possible. #Coldcard #CryptoSecurity #Block $DOGE $SOL $XRP Source: Compiled
📰 CRYPTO NEWS 📰

Block team member Max Guise confirmed that recent unauthorized fund transfers from Coldcard wallets stem from a random-number-generation vulnerability affecting Mk2 through Mk5 devices. Impacted users are strongly advised to migrate their assets to a secure wallet as soon as safely possible.

#Coldcard #CryptoSecurity #Block

$DOGE $SOL $XRP

Source: Compiled
🚀 $BLOCK SEES FEDERAL BANK CHARTING NEW CRYPTO CUSTODY PATHWAY 🦈 📊 Block’s OCC charter request signals a strategic pivot from payments to bank‑grade custody, leveraging its Square Financial heritage and deep digital‑asset expertise. 🏦 By positioning Builders Bank & Trust as an uninsured national trust, Block aims to lock institutional liquidity into a regulated framework, potentially unlocking fresh demand for $BTC and stablecoin holdings. 🌊 The OCC’s recent friendlier stance—21 approvals out of 40 applications—adds a macro‑level tailwind for crypto‑aligned banks, sharpening the competitive edge over rivals like Coinbase and Circle. 🔍 How will this regulatory foothold reshape the liquidity landscape for crypto custodians? ⚠️ Not financial advice. Always manage your risk. 🛡️ 🏷️ #BLOCK #CryptoBank #Custody #Institutional #Crypto 🔥 💎
🚀 $BLOCK SEES FEDERAL BANK CHARTING NEW CRYPTO CUSTODY PATHWAY 🦈

📊 Block’s OCC charter request signals a strategic pivot from payments to bank‑grade custody, leveraging its Square Financial heritage and deep digital‑asset expertise. 🏦 By positioning Builders Bank & Trust as an uninsured national trust, Block aims to lock institutional liquidity into a regulated framework, potentially unlocking fresh demand for $BTC and stablecoin holdings. 🌊 The OCC’s recent friendlier stance—21 approvals out of 40 applications—adds a macro‑level tailwind for crypto‑aligned banks, sharpening the competitive edge over rivals like Coinbase and Circle. 🔍 How will this regulatory foothold reshape the liquidity landscape for crypto custodians?

⚠️ Not financial advice. Always manage your risk. 🛡️

🏷️ #BLOCK #CryptoBank #Custody #Institutional #Crypto

🔥 💎
🤖 Block is restructuring its business with a focus on artificial intelligence after workforce reductions Block, the parent company of Square and Cash App, announced a restructuring of its operations with a focus on integrating artificial intelligence following a 40% reduction in its workforce. This step is part of the company’s efforts to enhance profitability and competitiveness in the financial technology sector, which may indicate a new phase in its operating strategy. ━━━━━━━━━━━━━━ 📊 Impact: 📈 High 🏷️ OTHER #Block #AI #Fintech #TechNews #Business 📰 Source: cryptobriefing.com
🤖 Block is restructuring its business with a focus on artificial intelligence after workforce reductions

Block, the parent company of Square and Cash App, announced a restructuring of its operations with a focus on integrating artificial intelligence following a 40% reduction in its workforce. This step is part of the company’s efforts to enhance profitability and competitiveness in the financial technology sector, which may indicate a new phase in its operating strategy.

━━━━━━━━━━━━━━
📊 Impact: 📈 High
🏷️ OTHER

#Block #AI #Fintech #TechNews #Business

📰 Source: cryptobriefing.com
Block, the company founded by Jack Dorsey, has just purchased an additional $18 million worth of Bitcoin. As of now, the organization holds a total of 9,117 BTC, valued at approximately $589 million. The average acquisition price of Block is only around $34,000 per coin, allowing this reserve asset portfolio to generate an exceptionally high profit. #Block #Bitcoin $BTC $TON $SOL
Block, the company founded by Jack Dorsey, has just purchased an additional $18 million worth of Bitcoin. As of now, the organization holds a total of 9,117 BTC, valued at approximately $589 million. The average acquisition price of Block is only around $34,000 per coin, allowing this reserve asset portfolio to generate an exceptionally high profit.

#Block #Bitcoin $BTC

$TON $SOL
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#البلوكشين is a decentralized, distributed digital ledger that records all transactions across a network of computers. This tech is known for its transparency and resilience against manipulation, as no confirmed record can be altered once it's stored in a "block" (#block ) linked to the chain.
#البلوكشين is a decentralized, distributed digital ledger that records all transactions across a network of computers. This tech is known for its transparency and resilience against manipulation, as no confirmed record can be altered once it's stored in a "block" (#block ) linked to the chain.
Cathie Wood’s Ark Invest made a massive purchase worth approximately $37 million in the $BLOCK shares of the crypto and payments giant. This move, carried out across three different ETFs, shows that institutional-level interest in digital assets and payment infrastructure continues. The newly added shares to the portfolio are also being closely tracked in the market. #ArkInvest #Block #Crypto
Cathie Wood’s Ark Invest made a massive purchase worth approximately $37 million in the $BLOCK shares of the crypto and payments giant. This move, carried out across three different ETFs, shows that institutional-level interest in digital assets and payment infrastructure continues. The newly added shares to the portfolio are also being closely tracked in the market. #ArkInvest #Block #Crypto
📰 Block, Jack Dorsey’s payment company, has already submitted an application to the U.S. Office of the Comptroller of the Currency (OCC) to set up an uninsured federal trust bank called Builders Bank & Trust. This bank plans to offer services such as custody and trustee services for Bitcoin and stablecoins. Honestly, this direction is quite interesting—payment companies are starting to proactively apply for banking licenses, which suggests the gap between crypto and traditional finance is getting a bit closer. 🔥 And Block isn’t the first to do this. Previously, companies such as Coinbase, Paxos, BitGo, Ripple, and Circle have also filed applications for federal banking licenses. Now it appears that what the industry wants—placing custody and trustee services into a more formal financial framework—is no longer just an individual company’s experiment. 💡 Another background factor is that the OCC has recently become more friendly toward the crypto industry. Whether a license application can ultimately be approved still depends on the review process, but at least from the actions taken, regulated financial institutions are becoming a new target for many crypto companies. 🤔 Do you think Block is applying for a trust bank license mainly to expand its custody business, or is it preparing to handle more payment and stablecoin services in the future? #Block #比特币 #稳定币 #加密金融
📰 Block, Jack Dorsey’s payment company, has already submitted an application to the U.S. Office of the Comptroller of the Currency (OCC) to set up an uninsured federal trust bank called Builders Bank & Trust.

This bank plans to offer services such as custody and trustee services for Bitcoin and stablecoins. Honestly, this direction is quite interesting—payment companies are starting to proactively apply for banking licenses, which suggests the gap between crypto and traditional finance is getting a bit closer.

🔥 And Block isn’t the first to do this. Previously, companies such as Coinbase, Paxos, BitGo, Ripple, and Circle have also filed applications for federal banking licenses. Now it appears that what the industry wants—placing custody and trustee services into a more formal financial framework—is no longer just an individual company’s experiment.

💡 Another background factor is that the OCC has recently become more friendly toward the crypto industry. Whether a license application can ultimately be approved still depends on the review process, but at least from the actions taken, regulated financial institutions are becoming a new target for many crypto companies.

🤔 Do you think Block is applying for a trust bank license mainly to expand its custody business, or is it preparing to handle more payment and stablecoin services in the future?

#Block #比特币 #稳定币 #加密金融
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