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Square
Block Tops Q4 Estimates, Posts Nearly $2B in Bitcoin Transactions
The payments firm formerly known as Square took note of a slowdown in business in January due to the Omicron variant, but a growth recovery thus far in February.
Taxes Are a Wild Card for Public Companies Holding Crypto
Investors in MicroStrategy, Tesla, Block and Coinbase need to consider how wild price swings will affect results, not only directly but indirectly due to complex tax accounting rules. This piece is part of CoinDesk's Tax Week
Jack Dorsey Touts Bitcoin's Virtues at MicroStrategy Conference
The Block CEO and Twitter co-founder cites the crypto's transparent fees.
Meta Joins Block’s Crypto Open Patent Alliance as Diem Reportedly Winds Down
Meta (formerly Facebook) is joining the Crypto Open Patent Alliance (COPA), a consortium of tech and crypto companies led by Jack Dorsey’s payments company, Block (formerly Square). This comes as Meta winds down its Diem project, reportedly selling its intellectual property to Silvergate Bank for $200 million to pay back investors.
Meta Joins Block’s Crypto Open Patent Alliance as Diem Reportedly Winds Down
By joining COPA, Meta’s “core crypto technology patents” will hopefully avoid future litigation.
Intel, Block Supporting Mining a Positive for Bitcoin’s Price: Analyst
The moves will likely lead to increased mining efficiency and greater bitcoin adoption, which in turn should help boost the price of the cryptocurrency.
Block’s Cash App Is Finally Integrating the Lightning Network
First promised back in 2019, Block’s move will allow users to quickly send bitcoin to each other for free,
Payments Giant Block to Build Open-Source Bitcoin Mining System
The payment services company formerly known as Square is open to building new mining computers and is hiring for a new engineering team.
Jack Dorsey Backs Bitcoin as Dollar’s Replacement but Questions Web 3
The Twitter and Block co-founder is a supporter of crypto, but not so keen on how Web 3 is being funded.
Tax Preparer H&R Block Sues Block Over Rebranding From Square
The Jack Dorsey-run payments giant is infringing on the accounting firm’s family of trademarks, H&R Block claims.
