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ReadWrite
2 weeks ago
Cryptocurrency

Jack Dorsey's Block invests in Bitcoin's with 10% monthly profit allocation

Jack Dorsey's firm Block plans to invest 10% of profits into Bitcoin monthly, highlighting belief in cryptocurrency and economic empowerment. [ more ]
Coindesk
3 weeks ago
Cryptocurrency

Some Square Users Can Now Convert Their Dollars to Bitcoin Via Cash App

Block's Bitcoin Conversions tool allows Square users to automatically convert a portion of daily sales into BTC, targeting merchants interested in diversifying holdings and accessing bitcoin easily. [ more ]
Coindesk
2 months ago
Cryptocurrency

Jack Dorsey's Block Begins Shipping Bitkey Bitcoin Wallets

Bitkey self-custody bitcoin wallet by Block is now shipping after pre-orders.
Bitkey connects to Cash App and Coinbase for buying/selling BTC, has recovery tools and user security measures. [ more ]
The Verge
2 months ago
Cryptocurrency

Block's new crypto wallet can only be purchased with real cash

You can only purchase Block's new Bitcoin hardware wallet with a credit or debit card, not cryptocurrency.
The Bitkey wallet offers features like fingerprint sensor, USB-C charging port, and NFC chip for fund transfers. [ more ]
Coindesk
2 months ago
Cryptocurrency

Bitcoin Bets Yield $207M in Gains For Jack Dorsey's Block

Block reported a significant remeasurement gain of $207 million on its bitcoin holdings in the fourth quarter.
Block saw a 90% increase in gross profit on bitcoin sales through Cash App, with a 37% year-over-year increase in total Bitcoin revenue. [ more ]
Entrepreneur
4 months ago
Business

2023 Crypto Rebound Paves the Way for a Promising 2024: 2 Crypto-Centric Stocks to Watch | Entrepreneur

Bitcoin is up more than 150% year-to-date, mainly strengthened by optimism for a spot bitcoin ETF.
Cryptocurrency prices are rebounding after the collapse of the FTX exchange in 2022. [ more ]
morebitcoin
Bitcoin Magazine - Bitcoin News, Articles and Expert Insights
3 weeks ago
Cryptocurrency

Block Enables Millions of Square Sellers to Convert Sales to Bitcoin With Cash App

Block's Bitcoin Conversions feature enables Square sellers to convert daily sales to Bitcoin through Cash App, facilitating global financial empowerment via Bitcoin. [ more ]
Bitcoin Magazine - Bitcoin News, Articles and Expert Insights
3 weeks ago
Cryptocurrency

Jack Dorsey And Block Are Developing A Full Bitcoin Mining System

Block has achieved a significant milestone in developing a three-nanometer bitcoin mining chip, advancing towards decentralizing bitcoin mining hardware. [ more ]
Coindesk
5 months ago
Cryptocurrency

Jack Dorsey's Block Bitkey Bitcoin Wallet Comes to Market in More Than 95 Countries

Jack Dorsey's fintech company Block has launched its self-custody bitcoin wallet Bitkey for pre-order in over 95 countries.
Bitkey includes a mobile app, hardware device, and recovery tools, allowing customers to make bitcoin transactions and store their assets offline. [ more ]
TechCrunch
3 months ago
Startup companies

Block becomes the latest fintech to lay off workers | TechCrunch

Fintech company Block, which includes subsidiaries like Square and Cash App, is laying off staff due to slower business and revenue growth.
Around 1,000 employees, or 10% of Block's headcount, were impacted by the layoffs.
This adds to a trend of layoffs in the fintech and broader tech industry, with companies like PayPal and Brex also cutting staff. [ more ]
Steelers Depot
4 months ago
Pittsburgh Steelers

Watch: Jaylen Warren's 18-Yard TD Gives Steelers First Quarter Lead Over Seahawks

The Pittsburgh Steelers emphasized the run game against the Seattle Seahawks, taking advantage of their weak run defense.
Running back Jaylen Warren scored an 18-yard touchdown with the help of great blocking from the Steelers' offensive line. [ more ]
New York Post
4 months ago
New York Giants

Giants' John Michael Schmitz to face biggest test yet in Rams' Aaron Donald

Schmitz emphasizes the importance of having a 'next-play mentality' and staying resilient despite obstacles.
Schmitz faces a major challenge in blocking Aaron Donald, who is highly regarded as one of the best defensive players in the league. [ more ]
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