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Square
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.
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.
Square Outage Update; Crypto Firm LBRY to Challenge Ruling It Violated U.S. Securities Law
"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto-related headlines today, including an update on Cash App and Square, after some users reported issues accessing their accounts or being able to send money. A former FTX executive could forfeit over $1.5 billion after pleading guilty to federal criminal charges. And, crypto startup LBRY will challenge a ruling it violated U.S. securities law.
Jack Dorsey's Block Tumbles 17% After Short-Seller Hindenburg's Report
The company accuses Block of "wildly" overstating user counts while understating customer acquisition costs.
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.
How I Became a Bitcoin Developer Fresh Out of High School
Daniela Brozzoni describes her journey to the front lines of bitcoin wallet development, thanks to a grant from Spiral.
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."
Tesla, Blockstream, Block to Mine Bitcoin Using Solar Power in Texas
The project aims to show that bitcoin mining using 100% renewable energy can be done at scale, says Blockstream CEO Adam Back.
Block's Cash App Rolls Out Service to Automate Getting Paid in Bitcoin
Users will be able to invest a percentage of their paycheck in the cryptocurrency.
Block Notifies 8.2M Customers After Breach of Cash App Investing
A former employee improperly accessed reports related to U.S. customer accounts. The reports did not contain personally identifiable information.