Block Inc.


Tech

Jack Dorsey's Block Begins Shipping Bitkey Bitcoin Wallets

Block unveiled Bitkey for pre-order in 95 countries last December having commenced beta testing during the summer

Jack Dorsey speaks at Consensus 2018 (CoinDesk)

Videos

Jack Dorsey's Block Starts Layoffs; Analyst Predicts Ether Could Hit $4,000

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest stories impacting the crypto world today, including Block Inc., which is the blockchain and payments firm led by Twitter founder Jack Dorsey, confirming to CoinDesk that it has begun laying off employees this week. An analyst has a bullish outlook on ether (ETH) and layer 1 blockchain Sui notches a new milestone.

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Markets

ARK Invest Scoops Up Coinbase, Block Shares for Second Straight Day

Cathie Wood's fund bought COIN and SQ on Thursday and Friday last week after Coinbase tumbled on getting hit with a Wells Notice and Block took a hit following a short-seller's report.

Cathie Wood, chief executive officer and chief investment officer, Ark Invest (Marco Bello/Getty Images)

Tech

Block Subsidiary Spiral, Mining Tech Firm Braiins Spearhead Push for Bitcoin Mining Upgrades

The firms are part of a working group pushing for the adoption of Stratum V2, which promises to increase the Bitcoin network's censorship resistance and decentralization.

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Finance

Jack Dorsey’s Block Draws Analyst Downgrade on Bitcoin Sentiment

Mizuho cuts its rating on the stock to neutral from buy, citing slowing growth for Cash App and management's attention on BTC.

(Sophie Backes, Unsplash)

Finance

Block Beats Q2 Estimates but Bitcoin Revenues Fall

Despite beating projections, the payments company said its overall revenue fell because of a decrease in bitcoin revenue.

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Finance

Jack Dorsey’s TBD Announces Web 3 Competitor: Web5

The Block subsidiary’s alternative ditches Web 3 and places bitcoin at the forefront. But there is no official release date, as yet.

Block TBD lead Mike Brock (left) at Consensus 2022 (Brad Keoun/CoinDesk)

Finance

Bitcoin Might, in Fact, Be the Great ‘Equalizer’

A new global survey drills in on the perception of Bitcoin around the world, and the findings appear to be generally optimistic for global equity.

(Aziz Acharki/Unsplash)

Finance

Block Sees Bitcoin Disrupting Payments Networks, Expects Self-Custody to Grow

CFO Amrita Ahuja said the crypto could become a "global currency for the internet."

(Block)

Finance

Block’s Stock Would Shine if It Not for Its Link to Bitcoin, Mizuho Says

The company's fundamentals are improving, the investment bank said.

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