Tag: Dorseys
Jack Dorsey’s Block fined $40M for alleged crypto compliance, AML failures
Digital payments company Block Inc. has reached a $40 million settlement with New York regulators over alleged compliance misconducts tied to its Cash [...]
Jack Dorsey’s Block fined $40M for alleged crypto compliance, AML failures
Digital payments company Block Inc. has reached a $40 million settlement with New York regulators over alleged compliance misconducts tied to its Cash [...]
Jack Dorsey’s Square to Invest More on Bitcoin Mining, Self-Custody Wallet and Wind Down ‘Web5’ Unit TBD
Square is also focusing more on its self-custody wallet, Bitkey, which the company started shipping in March. At the time, the company said that Bitke [...]
Jack Dorsey’s Block Completes Bitcoin Mining Chip, Will Build Full Mining System
Although chip efficiency has rapidly improved in recent years as demand for bitcoin has picked up, the latest halving event on April 20, which cut the [...]
Bitcoin Bets Yield $207M in Gains For Jack Dorsey’s Block
Shares of Block (NASDAQ: SQ) are up 13% in after-hours trading to $76, data shows. Overall, Block reported its gross profit grew 22% yearly to $2.03 b [...]
Jack Dorsey’s Block Inc. Begins Layoffs Under Previously Disclosed Plan to Cut Staff by 10%
Block, whose companies include Square Inc., Cash App and Tidal, as well as the bitcoin-focused division TBD, said in an earnings call last year that i [...]
Jack Dorsey’s Block Inc. launches self-custody Bitcoin wallet
Financial payment processor Block, co-founded by Jack Dorsey, has launched its self-custody Bitcoin (BTC) wallet.Dubbed "Bitkey," developers said duri [...]
Jack Dorsey’s Block had $5.62B in revenue, $44M in Bitcoin profits in Q3
Jack Dorsey-led Block, a Bitcoin-focused fintech company, published its third-quarter earnings report on Nov. 2, revealing a profitable quarter and su [...]
Jack Dorsey’s ₿trust acquires African Bitcoin organization Qala
₿trust, a non-profit organization funded by Twitter (now X) co-founder and Bitcoin (BTC) advocate Jack Dorsey, is scaling up its programs in Africa wi [...]
Jack Dorsey’s relief fund pledges $5M donation to Bitcoin-focused nonprofit
Brink, a nonprofit organization aimed at supporting Bitcoin developers, has announced a $5 million donation from Block CEO Jack Dorsey and his Start S [...]
Jack Dorsey’s TBD announces new Web5 toolkit
TBD, a division of fintech company Block, which is led by CEO Jack Dorsey, has announced a novel Web5 decentralized web platform at Bitcoin Miami on M [...]
TBD, Bitcoin-Focused Unit of Jack Dorsey’s Block, Launches Development Toolkit for Web5 Project
MIAMI BEACH, Florida – TBD, a division of Jack Dorsey’s financial-technology company Block (SQ), has launched a new open-source toolkit for its Web5 p [...]
Jack Dorsey’s nano Bitcoin mining chip heads to prototype
Block, a financial services and technology company owned by former Twitter CEO Jack Dorsey has announced it has completed the prototype design of its [...]
Jack Dorsey’s Block Snaps Up BTC Mining Chip as Intel Winds Down Production
Block recently jumped on the opportunity to buy a large quantity of these ASICs from Intel, it said in a Friday blog post. The firm was planning on fi [...]
Jack Dorsey’s Block Tumbles 17% After Short-Seller Hindenburg’s Report
Hindenburg continued: "Our research indicates, however, that Block has wildly overstated its genuine user counts and has understated its customer acqu [...]