Block
Bank of England Hikes Rates to 2.25%; Jack Dorsey’s Block Slapped With Downgrade on Bitcoin Sentiment
The Bank of England raised its benchmark interest rates by 50 basis points (bps) to 2.25% in a continued fight against inflation. Plus, investment bank Mizuho downgraded shares of Jack Dorsey’s payments company Block to neutral from buy.
Returning Ownership: Your Finances, Data and Identity
Block's TBD Lead Mike Brock joins Wachsman CEO and founder David Wachsman at Consensus 2022 for a discussion on how technology renovates finances, data and identity.
Bitcoin’s Many Narratives: Digital Gold, Payments, Platform
Dr. Adam Back, CEO and Co-founder of Blockstream, Mike Brock, TBD Lead at Block and Researcher Tadge Dryja join Consensus 2022 for a conversation on the many narratives of bitcoin. Moderator: Christie Harkin, Managing Editor, Technology, CoinDesk
Buying Your First Crypto: Wallets and Exchanges 101
Lindsey Grossman, Bitcoin Wallet's Business Lead at Block joins Coinme Co-founder & CEO Neil Bergquist at Consensus 2022 to introduce what traders need to know to open their first crypto wallet and discuss the pros and cons of different options, including hot and cold storage. Moderator: Toby Bochan, CoinDesk Learn managing editor
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.
Key Takeaways From This Past Week's Crypto Market Volatility
"All About Bitcoin's" Week in Review panel discusses what to make of this past week's price swings for bitcoin and other cryptocurrencies amid significant market sell-offs. Plus, reactions to Block CEO Jack Dorsey proposing a legal defense fund for Bitcoin developers and his firm building an open-source bitcoin mining system.
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.
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.
Could Jack Dorsey Be Taking Square Deep Down the Bitcoin Rabbit Hole?
Following the announcement payments giant Square will be changing its corporate name to Block, CoinDesk's David Z. Morris shares insights into his article examining Jack Dorsey's bitcoin trajectory. Could Jack Dorsey be moving to transform Square into a crypto and blockchain firm?
Payments Giant Square Is Changing Its Name to Block
Fintech and digital payments giant Square Inc. has changed its name to Block in a move that reflects changes to its business. This comes just two days after CEO Jack Dorsey told investors he would be resigning as the CEO of Twitter.
