Jack Dorsey


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Crypto News Roundup: Jack Dorsey Announces Bitcoin Legal Defense Fund, US Banks Offer USDF Stablecoin and More

Block CEO Jack Dorsey is proposing the Bitcoin Legal Defense Fund to defend developers from lawsuits about their activities in the Bitcoin ecosystem. A group of U.S. banks to offer its own stablecoin "USDF" in a move to tackle concerns regarding reserves behind nonbank-issued equivalents. Investors are suing Kim Kardashian and Floyd Mayweather over an alleged EthereumMax scam. CoinDesk's Galen Moore weighs in on the top crypto headlines.

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Dorsey Proposes Non-Profit Bitcoin Legal Defense Fund for Developers

Block founder and CEO Jack Dorsey proposed creating a legal defense fund for Bitcoin developers as the community faces “multi-front litigation” and “threats” that have forced some without legal support to “capitulate.” “The Hash” panel discusses what this means for the bitcoin community following Dorsey’s continued BTC advocacy.

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Dorsey Proposes Non-Profit Bitcoin Legal Defense Fund for Developers

The main purpose of the fund will be to defend developers from lawsuits regarding their activities in the Bitcoin ecosystem, the Block founder wrote in an email to the bitcoin-dev mailing list.

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Jack Dorsey Goes on Unfollowing Frenzy After Web 3 Beef

Since Jack Dorsey's controversial tweet on Dec. 20, declaring venture capitals (VC), not users, control Web 3, Dorsey has gone on to unfollow some of the biggest players in crypto, including Andressen Horowitz (a16z) co-founder Marc Andreessen and Coinbase CEO Brian Armstrong. Andreessen later blocked Dorsey. "The Hash" panel breaks down the latest feud between bitcoin maximalists and Web 3 advocates. 

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Jack Dorsey Goes on Unfollowing Frenzy After Web 3 Beef

Marc Andreessen, Brian Armstrong and Tyler Winklevoss have been cut out of the Twitter founder’s timeline.

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Victory Capital Exec. on Web 3 Decentralization: ‘It’s Not All or Nothing’

Mannik Dhillon, president of Victory Capital, shares his take on Square CEO Jack Dorsey’s statements about venture capital’s control over Web 3 initiatives and the reality of bitcoin maximalism. Plus, Dhillon’s analysis on the current BTC market and price predictions for 2022. 

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Market Wrap Year-End Review: Musk Pumps Bitcoin and Dogecoin

Dogecoin pumped along with bitcoin thanks to some high profile tweets.

Image posted on Feb. 4, 2021, by Elon Musk's Twitter account. (@elonmusk/Twitter, modified by CoinDesk)

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Jack Dorsey Backs Bitcoin as Dollar’s Replacement but Questions Web 3

Responding to Cardi B on whether crypto would replace the U.S. dollar, Twitter co-founder Jack Dorsey replied, “Yes, Bitcoin will.” Separately, Dorsey also voiced concerns about the lack of ownership in Web 3. “The Hash” panel breaks down Dorsey’s statements, questioning his bitcoin maximalism and the role of venture capitalism in the wider development of a decentralized internet ecosystem.

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