<?xml version="1.0" encoding="utf-8" standalone="yes"?><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom"><channel><title>Block on BriefTechNews.com</title><link>https://brief-tech-news.com/tags/block/</link><description>Recent content in Block on BriefTechNews.com</description><generator>Hugo</generator><language>en</language><copyright>Copyright &amp;copy;2021 &lt;br&gt; Designed &amp;amp; Developed by [Gethugothemes](https://gethugothemes.com/)</copyright><lastBuildDate>Thu, 10 Sep 2026 13:29:36 +0000</lastBuildDate><atom:link href="https://brief-tech-news.com/tags/block/index.xml" rel="self" type="application/rss+xml"/><item><title>Ramp Hits $60B, Chime Buys a Bank, and Robinhood Chain Prints $1.7B a Day</title><link>https://brief-tech-news.com/blogs/2026-09-10-fintech/</link><pubDate>Thu, 10 Sep 2026 13:29:36 +0000</pubDate><guid>https://brief-tech-news.com/blogs/2026-09-10-fintech/</guid><description>Ramp is in early talks to raise $1 billion at a $60 billion valuation, up from $44 billion just three months ago. Chime agreed to buy Stride Bank for $590 million in cash, pulling its banking infrastructure in-house under a national charter. Robinhood Chain, the Arbitrum Orbit L2 for tokenized equities, now shows $1.7 billion in daily DEX volume and $15.5 million in daily app fees. PayPal is letting developers mint application-specific stablecoins backed by PYUSD, and Block has applied for a federal trust bank charter. Meanwhile, only 23% of US consumers trust GenAI to handle payments, and a $240 million bitcoin scam ring has been charged.</description></item><item><title>Tokenized Stocks Out-Trade the NYSE During a 89.5-Hour Shutdown</title><link>https://brief-tech-news.com/blogs/2026-09-10-crypto/</link><pubDate>Thu, 10 Sep 2026 12:49:04 +0000</pubDate><guid>https://brief-tech-news.com/blogs/2026-09-10-crypto/</guid><description>Tokenized stocks moved $1 billion in volume while US markets were shut for Labor Day, nearly matching Friday&amp;rsquo;s $1.02 billion across 42 tokens on four platforms. Jack Dorsey&amp;rsquo;s Block filed for a federal bank charter as the OCC has approved 21 of 40 de novo applications since 2025. A 22-year-old pleaded guilty to leading a $245M crypto theft ring. Visa revealed 160+ stablecoin card programs with 200% YoY payment growth and a $2.5B onchain credit facility. Ethereum researchers proposed EIP-8250 keyed nonces to slash storage from 64 bytes to 1-2 bytes.</description></item><item><title>Kalshi goes to Flushing Meadows, banks rush a stablecoin, Bolt begs for cash</title><link>https://brief-tech-news.com/blogs/2026-09-03-fintech/</link><pubDate>Thu, 03 Sep 2026 13:11:55 +0000</pubDate><guid>https://brief-tech-news.com/blogs/2026-09-03-fintech/</guid><description>Prediction market Kalshi signed a multi-year deal to become the first official prediction-market partner of the US Open, with tennis trading volume reportedly up 25x year-over-year. Hyperliquid is in advanced talks with Kraken parent Payward to thread perpetual futures into the US through the Bitnomial derivatives venue. Twenty-one banks including Goldman, BofA and Deutsche Bank will form a company this year to launch a dollar stablecoin in H1 2027, putting them on a collision course with Tether and rival consortium Qivalis. Block is opening its Cash App Score to outside lenders via a Nova Credit partnership, claiming a 38% lift in approvals at the same loss rate as traditional scoring. Ryan Breslow is raising up to $27M from existing investors with a pay-to-play clause that dilutes holdouts, putting Bolt&amp;rsquo;s $11B-to-$300M valuation collapse front and centre.</description></item></channel></rss>