Block
Block weighs cutting up to 10% of jobs: Bloomberg
The company has told hundreds of employees their jobs are at risk as part of a broader overhaul.
Cathie Wood's Ark Invest Adds $30.9M of Shares in Jack Dorsey's Block
The buys were made across three Ark's ETFs.
Square Launches Bitcoin Payment Tools for Small Businesses
The features allow U.S. sellers to accept BTC, convert fiat sales automatically and manage crypto alongside traditional finances.
Square Begins Rollout of Bitcoin Payments for Sellers, Targets Full Availability by 2026
Payments are settled in real-near time using Bitcoin layer-2 Lightning, with Square processing the exchange into fiat
Shares of Jack Dorsey’s Block Jump 8.5% on S&P 500 Inclusion
Inclusion in the S&P 500 index will increase Block's visibility and exposure to institutional investors, who will indirectly gain exposure to bitcoin.
Square Flies the Flag for the Lightning Network With 9.7% Yield on Bitcoin Holdings
Block's Miles Suter said that the firm is earning "real BTC returns from our corporate holdings...by efficiently routing real payments across Lightning"
Square Pilots Real-Time Bitcoin Payments in Vegas, Plans Full Availability to Customers in 2026
The feature would still need regulatory approval in order to be made available to all customers.
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.
Coinbase's Blowout First Quarter; Could Hong Kong ETFs See $1B AUM by 2024 End?
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including the blowout first quarter of Coinbase where the crypto exchange reported net income of $1.2 billion. Plus, Kraken's indices provider predicts that spot ETF products in Hong Kong will reach $1 billion in AUM by the end of 2024. And, Jack Dorsey's Block doubles down on bitcoin.
Jack Dorsey's Block Adding More Bitcoin to Balance Sheet, Presents Road Map for Others
The company announced the news alongside its first quarter earnings report on Thursday afternoon.
