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Jack Dorsey
FTT Token Surges as FTX Lawyer Says Exchange Could Reopen; Block’s TBD Partners With Yellow Card
FTX, the cryptocurrency exchange that collapsed spectacularly in November, is considering reopening at some point in the future as it navigates bankruptcy, its attorneys from Sullivan & Cromwell said in a court hearing on Wednesday. Separately, TBD, the bitcoin-focused subsidiary of Jack Dorsey’s Block (SQ), is teaming up with crypto exchange Yellow Card to enable cross-border payments in 16 countries across Africa.
What Hindenburg Research’s Takedown of Block Says About Money and Crime
Expecting centralized money services to halt crime only helps politicize money and disempower users.
Jack Dorsey's Block Tumbles After Short-Seller Hindenburg's Report
Shares of Jack Dorsey's fintech payments company Block (SQ) are sinking after being the subject of the latest attack from notable short-seller Hindenburg Research. The company accuses Block of "wildly" overstating user counts while understating customer acquisition costs. "The Hash" panel discusses the report and the alleged revelations about Block's business operations.
Jack Dorsey's Block Launches Service Provider to Make Lightning More Reliable
TBD, a division of Jack Dorsey's financial-technology company Block, has launched a new business entity named “c=” that focuses on improving liquidity and routing on the Lightning Network. CoinDesk Editor at Large Christie Harkin breaks down its significance to Bitcoin’s layer 2 scaling system.
Block’s Q4 Bitcoin Revenue Fell 7% Year Over Year to $1.83B
For the full year, Block’s bitcoin revenue declined 29% from 2021 due to the fall in the price of bitcoin, the company said.
Jack Dorsey-Based Social Network Nostr's Damus App Banned From China App Store
A notification from Apple says Damus “includes content that is illegal in China.”
Understanding Decentralized Social Media Project Nostr's Damus
Jack Dorsey-backed decentralized social media project Nostr has launched its Damus mobile app on Apple's app store, which some bitcoiners say could replace Twitter as the next censorship-resistant global social network. CoinDesk Executive Director of Global Content Emily Parker discusses what we know so far.
Decentralized Social Media Project Nostr's Damus Gets Listed on Apple App Store
Former Twitter CEO Jack Dorsey has donated to Nostr and promoted the open protocol that aspires to create a censorship-resistant global social network.
Block Manager Sees Self-Custody as Future of Crypto Post-FTX
The payments company is working on a product to allow customers to hold bitcoin directly.
How Jack Dorsey’s Block Is Approaching Crypto
Max Guise, Bitcoin Wallet Lead at Block, speaks with CoinDesk's Christine Lee at CES 2023 about what the Jack Dorsey-led company's plans are for crypto and the future of self-custody in the wake of FTX's collapse.