🔥 BULLISH: "Blockchain technologies will power the next generation of payments, and the US dollar is coming onchain." – Bessent https://t.co/PZRXPmf00D ...

RT Treasury Secretary Scott Bessent (@SecScottBessent)Blockchain technologies will power the next generation of payments, and the U.S. dollar is coming onchain.Thanks to President Trump’s visionary leadership, and @SenatorHagerty's important work in Congress, the GENIUS Act will help cement the U.S. dollar as the global reserve currency for generations to come. ...

Group 1 - Block shares increased by over 10% in extended trading as the fintech company prepares to join the S&P 500, replacing Hess [1] - The addition of Block to the S&P 500 is part of a series of changes, including The Trade Desk replacing Ansys [2][3] - Block's inclusion reflects the growing tech presence in the S&P 500, highlighting the market cap gains of tech companies [4] Group 2 - Block, formerly known as Square, has diversified into crypto, lending, and other financial services since its founding in 2009 [4] - Despite a 14% decline in shares this year, Block maintains a market cap of approximately $45 billion, significantly above the median company in the S&P 500 [5]

Core Insights - Prenetics Global Limited reported a strong financial performance for Q1 2025, with revenue increasing by 336.5% year-over-year to $14.4 million, excluding ACT Genomics [3][7] - The company raised its full-year revenue outlook from $73 - $85 million to $80 - $100 million, reflecting accelerating momentum across its business units [4][13] - Prenetics has a robust cash position of $78 million, allowing for continued innovation and strategic initiatives, including a focus on cryptocurrency and Bitcoin adoption [6][12] Financial Highlights - Revenue from continuing operations was $17.3 million in Q1 2025, a 169.9% increase compared to Q1 2024 [7] - Gross profit from continuing operations reached $7.3 million, up 94.1% year-over-year [7] - Adjusted EBITDA loss from continuing operations was $(6.5) million, an increase of 59.4% compared to the previous year [7] Business Updates - The IM8 brand contributed $5.7 million in revenue for Q1 2025, with expectations of approximately $8.5 million in Q2, representing a 50% quarter-over-quarter increase [4][13] - IM8 has over 55,000 customers and has delivered more than 4.9 million servings of its flagship product [11] - The strategic review of ACT Genomics is nearing conclusion, with an announcement regarding ownership stake expected soon [5] Strategic Initiatives - The company is actively pursuing innovative treasury management approaches, including discussions on digital asset opportunities and Bitcoin adoption [6][12] - Prenetics aims to leverage its strong cash position to enhance its competitive positioning in the health tech sector through strategic crypto initiatives [6][12]

RT APPG for Blockchain Technologies (@APPGBlock)📍Crypto and Blockchain: What’s Next for the UK's Digital Economy🇬🇧 On 3 June, APPG hosted a high-level, curated Industry Roundtable in the Houses of Parliament, chaired by @Matt_VickersMP and facilitated by the APPG Secretariat, The @Brit_blockchain.🎤 We engaged in a forward-thinking, evidence-led dialogue on the future of #Crypto, #Blockchain, #Tokenisation, and the UK’s digital #economy - everything from effective #Crypto policies to Blockchain for #AI, and ...

📢 UK CBT is coming to APEX 2025📅 June 10-12, 2025, SingaporeRepresented by researchers from UCL Centre for Blockchain Technologies, we are proud to participate in APEX 2025, the global XRPL summit.🎤 Speakers:@JiahuaJavaXu, Research Associate at UCL Centre for Blockchain Technologies and UK CBT@WalterHernandez, PhD Candidate at UCL Centre for Blockchain Technologies and UK CBTYimika Erinle, Research Associate at UCL Centre for Blockchain Technologies and UK CBTYichen Luo, PhD Candidate at UCL Centre for Bloc ...