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Jack Dorsey’s payments and blockchain infrastructure company, Block Inc., is shifting its focus to develop new tools for Bitcoin miners and enhance its self-custody crypto wallet. According to the latest…
According to a report released by NBC on Wednesday, U.S. prosecutors are investigating Block, a company featuring cryptocurrency services co-founded by Twitter co-founder Jack Dorsey. The allegations against the company…
Block, led by CEO Jack Dorsey, announced $66 million in gross profit from selling Bitcoin through its Cash App in the fourth quarter of last year. This marks a 90%…
Shares for Jack Dorsey’s fintech giant Block (SQ) surged by 12% to $49.19 on Friday after the company published bullish third-quarter earnings figures a day prior. That includes increased Bitcoin…
The payment technology firm Block (formerly known as Square) revealed that its bitcoin revenue for the second quarter was approximately 34% more than the figure reported in Q2, 2022. The…
CashApp is now fully compatible with the lightning network for sending and receiving Bitcoin payments. The full integration makes Bitcoin significantly easier to use as a means of payment via…
American digital payments company Block Inc.’s second-quarter (Q2) revenue dropped by 6% year-over-year (YOY) to $4.4 billion. Although the numbers still topped Wall Street’s expectations of $4.35 billion, it suffered…
More than 10 million people have now bought Bitcoin using Jack Dorsey’s CashApp, according to Block’s Q1 2022 shareholder letter. The app generated $624 million in gross profit for the…
CashApp – the mobile payment service developed by Block – announced many major Bitcoin-related upgrades on Thursday. One of the new integrations allows users to automatically convert their incoming paychecks…
On Dec. 2, Square announced that it is changing the company name so it can give the “full Square brand” to its Seller business. The Seller division provides an integrated…