DIRS.INFO The most relevant business & tech news

☆ Crypto exchange Gemini returns $2.2 billion to users after pausing withdrawals 18 months ago
▼ + stars: | 2024-05-29 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

Customers with funds locked up in crypto exchange Gemini's defunct crypto lending program are finally going to start getting their money back. The email adds: "This means that if you lent one bitcoin in the Earn program, you will receive one bitcoin back. At $2.18 billion, the fund distribution represents a 232% recovery for users since Gemini froze withdrawals for customers of its Earn program 18 months ago. Gemini then lent customers' crypto to institutional borrowers through Genesis Global Capital, its lending partner of choice. In November 2022, Genesis Global Capital paused new loan originations and redemptions, forcing Gemini to halt withdrawals from its Earn program.

Persons: Tyler Winklevoss, Cameron Winklevoss, Cameron, Genesis, Gemini, Letitia Organizations: Gemini, Mana Convention, Genesis Global Capital, New York Locations: Wynwood, Miami , Florida, Manhattan

☆ Bitcoin firm MicroStrategy pops 27% in two days as company's crypto stake hits $11 billion
▼ + stars: | 2024-02-27 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +4 min

In this article MSTR Follow your favorite stocks CREATE FREE ACCOUNTMicroStrategy CEO Michael Saylor speaks at the Bitcoin 2021 Convention, a crypto-currency conference held at the Mana Convention Center in Wynwood on June 04, 2021 in Miami, Florida. MicroStrategy, along with its subsidiaries, now owns about 193,000 bitcoins worth $11 billion. watch nowInvestors have been increasingly bullish on the bitcoin trade following the SEC's approval of multiple spot bitcoin exchange-traded funds last month. "Institutional capital is still getting up to speed with bitcoin ETFs. For example, MicroStrategy has the ability to acquire bitcoin using proceeds from debt and equity issuances, the firm said.

Persons: Michael Saylor, Joe Raedle, MicroStategy, Andrew King, bitcoin, Bitcoin, Ryan Rasmussen, —, MicroStrategy, Cowen, CNBC's Dylan Butts, Ari Levy Organizations: Mana Convention, Getty, Bitwise Asset Management, Research, Benchmark Locations: Wynwood, Miami , Florida, bitcoin, Bitcoin

☆ Block shares surge after earnings beat and increased full-year guidance
▼ + stars: | 2023-11-02 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +3 min

The company had previously guided to $1.5 billion in full-year adjusted EBITDA but now expects adjusted EBITDA to come in between $1.66 billion and $1.68 billion. Block is guiding to adjusted full-year operating income of $205 million to $225 million, a sharp increase from prior guidance of $25 million. Analysts surveyed by LSEG had expected full-year revenue guidance to come in at $21.54 billion. The company didn't provide full-year revenue guidance but did guide to $875 million in adjusted operating income for 2024. Cash App revenue soared $3.58 billion 34% year over year, while Square revenue grew 12% to $1.98 billion.

Persons: Jack Dorsey, LSEG, Block, Gross, we've, Dorsey Organizations: Twitter, Mana Convention, Cash Locations: Wynwood, Miami , Florida

☆ When Spider-Man Met Jeff Koons
▼ + stars: | 2023-07-13 | by ( Max Lakin | ) www.nytimes.com time to read: +1 min

“When we talked about the Balloon Dog we said, ‘What could we do with it? Koons, he recalled, “was actually the one who said, ‘You know, one thing about the Balloon Dog is it’s this thing that has a lot to do with breath. But we’ve never actually seen the inside of one. (The scene brought to mind an episode earlier this year, where a collector visiting the Art Wynwood fair in Miami accidentally shattered a 16-inch edition. Koons considered the Balloon Dog’s presence in the film as “truly participating in a larger community where people can rally around it.”

Persons: ” Thompson, Koons, “, ‘, we’ve, Vulture lops, ” Koons, ” Organizations: Art Locations: Miami, Hydra, Greece

WHY WE’RE HEREWe’re exploring how America defines itself one place at a time. In South Florida, mango lovers turn to fruit to build a sense of community during the grueling summer. July 8, 2023The air gets thick with humidity as summer arrives in South Florida. Then, something magical happens: The mango trees bear fruit. In good years, they produce so much that strangers give away mangoes on their lawns.

Persons: Zak Stern, Zak the Baker Locations: South Florida, Miami’s Wynwood

☆ Miami’s Love Affair With Crypto Is Souring as Bitcoin Faithful Flock to the City
▼ + stars: | 2023-05-10 | by ( Deborah Acosta | Photographs James Jackman For The Wall Street Journal | ) www.wsj.com time to read: 1 min

A year ago, when the annual bitcoin conference opened in Miami, the city was arguably the country’s biggest booster of digital currencies. MiamiCoin traded on a global crypto exchange. The Miami Heat basketball team played at FTX Arena, and cryptocurrency exchange Blockchain.com was preparing to move its headquarters to a splashy office in the city’s Wynwood neighborhood. Today, as Miami prepares to host Bitcoin 2023 on May 18, none of those things is true anymore.

☆ Jeff Koons 'balloon dog' sculpture valued at over $40,000 accidentally shattered at Miami art festival, and one collector wants to buy the pieces
▼ + stars: | 2023-02-24 | by ( Aaron Mcdade | ) www.businessinsider.com time to read: +3 min

A balloon dog sculpture from artist Jeff Koons was accidentally broken at an art festival in Miami. One collector told The Miami Herald and NPR that he is interested in buying the pieces, as its breaking is part of the sculpture's story. Gamson posted pictures and videos of the broken sculpture to his Instagram, capturing the immediate aftermath as the crowd formed and the shattered statue was cleaned up. He can be heard mentioning something about wanting to buy the shattered pieces in one of the videos, and Gamson told NPR this week that he is still interested in buying the pieces. "I find value in it even when it's broken," Gamson told the Herald.

☆ Jeff Koons 'balloon dog' sculpture valued at over $40,000 accidentally shattered at Miami art festival
▼ + stars: | 2023-02-18 | by ( Aaron Mcdade | ) www.businessinsider.com time to read: +2 min

A balloon dog sculpture from artist Jeff Koons was accidentally broken at an art festival in Miami. A woman attending the event allegedly tapped the sculpture, and it fell off its stand. The incident will be forgiven as the work was insured, an art advisor told the Miami Herald. The small glass sculpture, valued at $42,000, was on display during a VIP preview event for Art Wynwood when it was broken Thursday evening, according to the Miami Herald. "I find value in it even when it's broken," Gamson told the Herald.

☆ FTX t-shirts and swag were stashed away in trash bags during Miami's Art Basel, and some crypto diehards took them home as souvenirs
▼ + stars: | 2022-12-08 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +3 min

The Solana Embassy, once backed by Sam Bankman-Fried, gave away free FTX t-shirts at Art Basel. Among the stash were close to 1,000 FTX Miami t-shirts, FTX bean bags, a framed Miami Heat jersey that featured an FTX logo, and a signed poster of chess grandmaster Magnus Carlsen who took part in an FTX-sponsored tournament. Solana tweeted about its events in Miami and said it had "about 1,000 FTX Miami shirts to get rid of." The t-shirts were originally only supposed to be free for those who opened FTX accounts at the Solana Embassy. The Solana Embassy previously housed an FTX Lounge, and the exchange was its biggest financial sponsor, according to Norby.

☆ Shares of Block jump on earnings beat
▼ + stars: | 2022-11-03 | by ( Kif Leswing | ) www.cnbc.com time to read: +2 min

Block stock rose over 11% in extended trading after the payments company reported third-quarter earnings that beat Wall Street expectations for profit. Here's how Block did versus Refinitiv consensus expectations:EPS : $0.42, adjusted, versus expectations of $0.23: $0.42, adjusted, versus expectations of $0.23 Revenue: $4.52 billion versus expectations of $4.49 billionBlock posted $1.57 billion in gross profit, up 38% from $1.13 billion a year ago. Its Cash App business reported $774 million in gross profit, a 51% year-over-year rise, according to Block. Block said it made $37 million from Bitcoin sales during the quarter on $1.76 billion in gross sales. Block still holds $156 million worth of bitcoin, based on its price at the end of September.

„Potrivit anchetatorilor, sala găzduia un eveniment aflat în program şi mai mulţi organizatori se aflau în faţa” clădirii, a precizat poliţia într-un comunicat. Respectiva sală este un local de noapte situat în oraşul Miami Gardens, scrie Agerpres. Directorul poliţiei comitatului Miami-Dade, Alfredo 'Freddy' Ramírez, a scris pe contul său de Twitter că este vorba despre un „act laş şi selectiv” de violenţă armată. Poliţia nu a anunţat deocamdată nimic despre suspecţi, şi anume dacă există vreo persoană reţinută. Atacatorii au fugit de la locul faptei cu o maşină şi nici în cazul acestui atac poliţia nu a anunţat dacă a fost arestat vreun suspect.

Persons: Alfredo, Freddy, Ramírez Locations: Miami, comitatului Miami - Dade

Search resuls for: "Wynwood"

11 mentions found