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Jack Dorsey’s Block to use 10% of Bitcoin profit to buy BTC every month
3.5.2024
Block, Inc. co-founder Jack Dorsey told shareholders its Bitcoin-buying plan during an earnings call, saying its an “investment in a future where economic empowerment is the norm.”
Jack Dorsey's Block Adding More Bitcoin to Balance Sheet, Presents Road Map for Others
2.5.2024
The payments firm announced the news alongside its first quarter earnings report on Thursday afternoon
Jack Dorsey’s Block’s Crypto Unit Under Investigation Over Compliance Practices: Report
2.5.2024
The allegations against Block include inadequate customer information collection, processing transactions involving countries under U.S. sanctions, and facilitating cryptocurrency transactions for terrorist groups.
The post Jack Dorsey’s Block’s Crypto Unit Under Investigation Over...
US probes Jack Dorsey’s Block, Inc. over financial transactions: Report
2.5.2024
U.S. prosecutors are reportedly investigating the fintech firm after a whistleblower claimed it processed thousands of transactions for users from sanctioned countries and terrorist groups
Jack Dorsey’s Block Faces DOJ Probe Over Alleged Transactions With Sanctioned Nations and Terrorist Groups
2.5.2024
Department of Justice (DOJ) federal prosecutors from the Southern District of New York are investigating fintech company Block, formerly known as Square, for significant compliance failures in its transaction monitoring systems after a former employee revealed lapses that included processing...
7 Sonic Easter Eggs In The Knuckles Show
29.4.2024
The Knuckles Paramount+ show is real bad at giving Sonic the Hedgehog characters the spotlight. Despite having his name at the top, Knuckles is only in the show for half its runtime and barely speaks when he’s there. But despite the lack of anthropomorphic characters throughout, the show does have...
Acinq to Withdraw Phoenix Wallet From US Markets Amid Regulatory Concerns
26.4.2024
On Friday, April 26, Acinq announced that its Lightning Network bitcoin wallet, Phoenix, will cease services for U.S. residents from May 3, 2024. This announcement followed closely on the heels of the Samourai Wallet indictment and what is perceived as a targeted U.S. government effort against...
Square merchants can now convert up to 10% of sales to Bitcoin via CashApp
25.4.2024
Block gets one percent of every conversion
Block Unveils Bitcoin Conversion Feature for Square Merchants
25.4.2024
On Wednesday, Block, the financial services firm, disclosed that merchants using Square can convert their daily sales into bitcoin through the Cash App. Block’s founder, Jack Dorsey, revealed this update on X, and as of today, merchants have the option to transfer between 1-10% of their...
Jack Dorsey’s Block Is Building a Bitcoin Mining System
24.4.2024
The firm also completed the development of its three-nanometer mining chip, which it had been working on since April 2023
Some Square Users Can Now Convert Their Dollars to Bitcoin Via Cash App
24.4.2024
Bitcoin Conversions will charge a flat 1% fee to automatically convert a portion of merchant revenues into BTC
Jack Dorsey’s Block Expands Bitcoin Mining Ambitions, Develops 3nm Mining Chip
24.4.2024
Jack Dorsey's payments company Block has shifted its focus from designing chips to developing a full Bitcoin mining system.
The post Jack Dorsey’s Block Expands Bitcoin Mining Ambitions, Develops 3nm Mining Chip appeared first on Cryptonews
Jack Dorsey’s Block Targets Chip Advancement With 3nm Bitcoin ASIC Mining Rig
23.4.2024
On Tuesday, Jack Dorsey, the founder of Block, took to X to announce that the company is “building a mining rig.” Dorsey also shared a blog post authored by Block’s lead for mining hardware products, Naoise Irwin. The post revealed enhancements in the chip design, upgrading from...
Jack Dorsey’s Block announces development of ‘full Bitcoin mining system’
23.4.2024
The Block — then Square — CEO initially suggested the idea of a collaborative approach to decentralize Bitcoin mining in October 2021
Kenyan Volcano Turns on Lights in Rural Homes with Jack Dorsey’s Bitcoin Mining Support
21.4.2024
In a remote region of Kenya, a group of Bitcoin miners has found an innovative way to power their operations and bring electricity to rural homes.
The post Kenyan Volcano Turns on Lights in Rural Homes with Jack Dorsey’s Bitcoin Mining Support appeared first on Cryptonews
New, Weird NHL Broadcast Will Finally Let Bugs Bunny Body-Check Velma
3.4.2024
Later this month the National Hockey League, WB Games, and TNT Sports are coming together to hold the first-ever “MultiVersus NHL Face-Off” game. What’s that? Well, apparently it’s going to give us all the chance to watch beloved WB characters—like Bugs Bunny and Batman—play ice hockey together...
Jack Black Can't Believe There Isn't Already A Red Dead Redemption Movie
26.3.2024
If you played Red Dead Redemption or a recent Grand Theft Auto and wondered “Hey, why hasn’t Hollywood made either of these open-world blockbuster games into movies?” then you should know that you aren’t alone. In fact, you have some famous company, as Jack Black is wondering the same thing.Read...
Democratic Senators Urge SEC Chair Gensler Against Crypto ETF Approvals, Cite “Significant” Risks
15.3.2024
Democratic Senators Laphonza Butler (D-CA) and Jack Reed (D-RI) are pushing United States Securities and Exchange Commission (SEC) Chair Gary Gensler to “strictly limit” the approval of crypto-based ETFs. The senators claim that further approval of crypto ETFs in the U.S. could pose "significant"...
Jack Dorsey's Block Begins Shipping Bitkey Bitcoin Wallets
13.3.2024
Block unveiled Bitkey for pre-order in 95 countries last December having commenced beta testing during the summer
Bitcoin-Focused Payments App Strike Rolls Out Services to Africa
27.2.2024
Bitcoin-focused payments firm Strike is expanding its services to African countries including Nigeria, South Africa and Zambia, the company announced in a blog post Tuesday