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Block
Jack Dorsey's Square to Invest More in Bitcoin Mining and Shut Decentralized 'Web5' Venture
The firm is redoubling efforts to supply miners as that industry struggles with profits — and Donald Trump promises help.
Coinbase's Blowout First Quarter; Could Hong Kong ETFs See $1B AUM by 2024 End?
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including the blowout first quarter of Coinbase where the crypto exchange reported net income of $1.2 billion. Plus, Kraken's indices provider predicts that spot ETF products in Hong Kong will reach $1 billion in AUM by the end of 2024. And, Jack Dorsey's Block doubles down on bitcoin.
Jack Dorsey's Block Adding More Bitcoin to Balance Sheet, Presents Road Map for Others
The company announced the news alongside its first quarter earnings report on Thursday afternoon.
Some Square Users Can Now Convert Their Dollars to Bitcoin Via Cash App
Bitcoin Conversions will charge a flat 1% fee to automatically convert a portion of merchant revenues into BTC.
Thailand to Block Access to 'Unauthorized' Crypto Platforms
The Thai SEC cited earlier decisions by nations like India and the Philippines in blocking unauthorized platforms.
ARK Invest Coinbase Share Sale Takes December Total Close to $200M
Cathie Wood's investment firm also sold GBTC stock while increasing its holdings of Block.
Jack Dorsey's Block Launches Self-Custody Bitcoin Wallet Globally
Last week, Jack Dorsey's fintech company Block (SQ) unveiled its self-custody bitcoin wallet Bitkey for pre-order in more than 95 countries. Block Bitcoin Wallet Lead Max Guise joins "First Mover" to discuss the significance of the launch, along with his thoughts about online privacy and self-custody. Plus, a closer look at how bitcoin transaction among wallets could improve.
Jack Dorsey's Block Bitkey Bitcoin Wallet Comes to Market in More Than 95 Countries
The company's new self-custody wallet consists of an app, hardware device and recovery tools
What a New U.S. Consumer Watchdog Proposal Could Mean for Crypto Payments
CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De explains what a new proposal published by the U.S. Consumer Financial Protection Bureau (CFPB) could mean for large nonbank payment providers, like PayPal or Jack Dorsey's Block. Plus, whether the proposed rule could impact bitcoin and other types of cryptocurrencies.
Block Exec on 'Challenges' Crypto Regulation Faces in the U.S.
Block Global Head of Bitcoin Policy Melissa Netram discusses some of the hurdles in establishing a regulatory framework for crypto in the U.S. "You will see a lot of pieces of legislation and regulation trying to solve the problem for today," Netram said. "The issue is that, unfortunately, technology moves so much faster than policy."