Mike Dudas

Mike Dudas is the founder and CEO of The Block, the leading media & information brand in the blockchain and cryptocurrency ecosystem. The Block's expert-based model, in which all journalists and researchers are deep industry participants, has received universal acclaim and led to 400K monthly users in under 4 months. Previously, Mike was co-founder and CRO of Button, the leading global, mobile performance marketing platform. Mike is a builder of mobile commerce businesses, having worked at Google, Braintree/Venmo and PayPal. Early in his career, Mike worked in corporate M&A and strategy for Disney. Mike earned a BA from Stanford and an MBA from Kellogg.

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Early Ethereum advisor Steven Nerayoff arrested in alleged multi-million dollar cryptocurrency extortion scheme

Steven Nerayoff, a technology entrepreneur involved with Ethereum, CasperLabs, tZero and dozens of other initial coin offerings (ICOs) and cryptocurrency projects, was arrested today along with Michael Hlady on charges of extortion. The U.S. Attorney for the Eastern District of New York and the FBI’s New York Field Office jointly announced the charges. The two […]
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Sep 18, 2019, 11:15PM UTC

Facebook's Libra cryptocurrency: where are the banks?

When looking at a new money or payments system meant to replace an old one, one need only look at who is missing from the list of partners to understand what is being replaced. In the case of the Facebook-led Libra Association, which was unveiled today, the missing link from our current financial world is […]
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Jun 18, 2019, 1:07PM UTC

Apple set to introduce CryptoKit in iOS 13

Apple is set to announce CryptoKit, a new framework to “perform cryptographic operations securely and efficiently,” at WWDC 2019. CryptoKit will be available in Apple’s upcoming iOS 13. Apple’s team will unveil CryptoKit capabilities in a WWDC session titled “Cryptography and Your Apps” on Wednesday, June 5, 2019.  CryptoKit will allow developers to carry out […]
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Jun 4, 2019, 10:02AM UTC

Robinhood Crypto now available to New York customers

Robinhood Crypto is now available to residents of New York, per an e-mail the firm sent to customers this morning. Robinhood had announced in January that its cryptocurrency product would be available to customers, following the company’s securing of a coveted BitLicense. Robinhood’s announcement a year prior that it was getting into crypto made a […]
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May 23, 2019, 2:23PM UTC

NY Attorney General's office alleges "substantial evidence of fraudulent conduct" at Bitfinex and Tether

The NY Attorney General’s office (OAG) submitted opposition on Friday to Bitfinex’s motion to void the agency’s court order that shook the crypto world late last month. The OAG cited the so-called Martin Act in its opposition, which gives the OAG power “to conduct investigations of suspected fraud in connection with the purchase, sale, or […]
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May 5, 2019, 12:10PM UTC

Project Libra: Facebook to launch stablecoin-based payments network

Facebook’s long-rumored stablecoin will be at the center of a brand new payments network, according to a report in The Wall Street Journal. Project Libra, as the blockchain initiative is called internally, will reportedly involve a stablecoin backed by government currency. A source close to the situation confirmed to The Block aspects of The Journal’s […]
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May 2, 2019, 11:51PM UTC

Bitfinex CEO tells customers the NYAG lawsuit is "filled with inaccuracies and false assertions"

Bitfinex CEO Jean Louis van der Velde e-mailed the cryptocurrency exchange’s traders today to update them on the lawsuit filed against Bitfinex and Tether by the New York State Attorney General’s office on Thursday, April 25, 2019. According to van der Velde, the filing is “filled with inaccuracies and false assertions.” He claims that Bitfinex […]
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Apr 27, 2019, 4:04PM UTC

SEC set to spend up to $238,787 annually on cryptocurrency financial analyst

The SEC is looking to bolster its cryptocurrency chops by hiring a “Financial Analyst Cryptocurrencies.” According to the job listing, posted in early April, the analyst will have a robust set of responsibilities: “The Crypto Specialist provides expertise and coordinates TM activities regarding crypto and digital asset securities. Duties include coordination with Division staff to […]
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Apr 25, 2019, 12:51AM UTC

Jack Dorsey says Square open to making bitcoin investments

Square CEO Jack Dorsey caused quite a stir on Twitter Wednesday evening, declaring that “Square is hiring 3-4 crypto engineers and 1 designer to work full-time on open source contributions to the bitcoin/crypto ecosystem.” Dorsey has recently become a hero to many Bitcoin fans due to his participation in the Lightning Network Torch passing and […]
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Mar 21, 2019, 11:35AM UTC

Ripple provides $100 million in funding for blockchain gaming developers

Ripple’s Xpring today announced it is partnering with blockchain gaming platform startup Forte by providing $100 million for investment in blockchain gaming developers. The young startup was only first announced in February and is led by Kevin Chou, formerly in charge of mobile gaming and esports at Kabam. Forte’s leadership roster is strong, featuring former GarageGames and Unity […]
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Mar 12, 2019, 5:19PM UTC

No cash? No problem. Local and state governments pass bans on cashless stores

An increasing number of stores nationwide have recently turned “cashless,” refusing to accept Washingtons, Lincolns, Jacksons and Benjamins. At some of these stores, such as Sweetgreen, customers are expected to download the company’s mobile app and pay via a QR code. At the majority of stores, customers are expected to swipe their credit or debit […]
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Mar 9, 2019, 4:21PM UTC

Coinbase fires Neutrino employees who previously worked for Hacking Team

Coinbase CEO Brian Armstrong announced this evening that the company is firing key members of recently acquired high-profile security firm Neutrino. Per Armstrong: We had a gap in our diligence process. While we looked hard at the technology and security of the Neutrino product, we did not properly evaluate everything from the perspective of our […]
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Mar 5, 2019, 1:18AM UTC

Marcus by Goldman Sachs loses COO to Stripe

Goldman Sachs has lost the COO/CRO of its consumer unit Marcus to online payments powerhouse Stripe, according to Bloomberg. Colin Kennedy, who held dual operational and revenue leadership roles at Marcus, has assumed the role of Head of Banking and Issuing Partnerships at Stripe, per LinkedIn. Kennedy joined Goldman Sachs via the acquisition of financial […]
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Mar 2, 2019, 6:55PM UTC

Introducing The Block Genesis

Since Day One, The Block has been fearless, seeking to bring vital journalism, research, and analysis to readers and the crypto community. In five months, we have grown from one brave researcher to a team of tenacious global crypto natives who are always-on, expert communicators. We have broken market moving news stories, created numerous industry […]
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Feb 18, 2019, 9:00PM UTC

Samsung Galaxy S10 images show embedded cryptocurrency wallet

Newly leaked images of Samsung’s flagship Galaxy S10 device show support for cryptocurrencies within the device. The “Samsung Blockchain KeyStore” is described as both “a secure and convenient place for your cryptocurrency” and a place to “secure and manage your blockchain private key.” New #GalaxyS10 live images leak with ‘Samsung Blockchain KeyStore’ (images via @GregiPfister89) […]
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Jan 24, 2019, 8:22AM UTC

What Bitcoin Did: Mike Dudas from The Block on Crypto Journalism

The following is a lightly edited transcript of The Block CEO Mike Dudas’ recent conversation with Peter McCormack, host of the very popular What Bitcoin Did podcast. You can find additional What Bitcoin Did interviews and subscribe to the podcast here. What Bitcoin Did: Mike Dudas from The Block on Crypto Journalism Peter McCormack: Welcome […]
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Jan 13, 2019, 2:03PM UTC