Browsing Tag
Block
10 posts
What is a “block” in cryptocurrency?
Your guide: What is a block in cryptocurrency? In the context of cryptocurrencies, the word “block” refers to…
Jack Dorsey’s Block Faces Scrutiny Over Financial Transaction Practices
Federal prosecutors in the United States are scrutinizing Block, a significant player in the financial technology sector co-founded…
BRICS: China Unveils Blockchain Project to End US Dollar in Trade
In coordination with the BRICS de-dollarization efforts, China has unveiled a Blockchain infrastructure project to further end the…
Comparing Jack Dorsey’s Block vs. Elon Musk’s PayPal For Q2 2023
Jack Dorsey’s Block has reported a gross profit of $1.87 billion for Q2 2023. The figure represented a…
Coinbase & Cash App to Integrate Jack Dorsey’s Bitcoin Self-Custody Wallet
Jack Dorsey’s Block has made an announcement that it will be rolling out a public beta of its…
Block Books $50 Million in Bitcoin Gross Profit in Q1 2023
Jack Dorsey’s Block released its quarterly results on Thursday, May 4. The fintech company generated a gross profit…
Jack Dorsey’s Net Worth Drops $526 Million Following Hindenburg’s Block Criticism
Hindenburg recently released a report analyzing how inflated user metrics and “frictionless” fraud facilitation enabled Block insiders to…
Block Holds $130M Worth Bitcoin: CFO Says ‘Internet Needs a Currency’
Irrespective of the market conditions, top companies have been holding Bitcoin on their balance sheets. With around 130k…
Jack Dorsey’s Block Unveils Plans To Build a Bitcoin Lightning Infrastructure
Jack Dorsey’s Block team announced that the TBD business unit of the firm is planning to build a…
Jack Dorsey’s “Square” is now “Block” as he Goes Fully into Crypto
Jack Dorsey’s other company is changing its name just days after he resigned as CEO of Twitter. Square,…
