Block


Tech

Ethereum Briefly Stopped Finalizing Transactions. What Happened?

The loss in finality meant that blocks could have been tampered with, and while it isn’t supposed to affect end-user experiences, it did lead to some inconveniences for some applications.

(Shubham Dhage/Unsplash)

Tech

Ethereum Resumes Finalizing Blocks after Second Performance Hiccup in 24 Hours

When blocks are not being finalized, it is possible that pending transactions might be re-ordered or dropped from the network. Developers haven't determined the source of the hold-ups, but they are urging for calm amidst the concern and uncertainty.

Ethereum digital currency (Getty Images)

Tech

Ethereum Mainnet Was Unable to Fully Finalize Transactions for 25 Minutes

Developers resolved the finalization issues and are investigating what caused the outage.

(Getty Images)

Finance

Block’s Q1 Bitcoin Revenue Rises 18% From Q4, Gains 25% From a Year Ago

The company booked $50 million in bitcoin gross profit in the first quarter..

Block's Cash App (Shutterstock)

Tech

Jack Dorsey's Block Snaps Up Bitcoin Mining Chip as Intel Winds Down Production

The payments company could start selling bitcoin mining hardware as early as next year.

Bitcoin miners at work (Eliza Gkritsi/CoinDesk)

Videos

Consensus 2023: Making Decentralized Identities a Reality

Block's head of decentralized identity Daniel Buchner joins "All About Bitcoin" to discuss the company's efforts towards developing blockchain technology to verify identities online. Plus, Buchner shares his insights on mainstream adoption efforts.

Consensus 2023 Highlights

Videos

FTT Token Surges as FTX Lawyer Says Exchange Could Reopen; Block’s TBD Partners With Yellow Card

FTX, the cryptocurrency exchange that collapsed spectacularly in November, is considering reopening at some point in the future as it navigates bankruptcy, its attorneys from Sullivan & Cromwell said in a court hearing on Wednesday. Separately, TBD, the bitcoin-focused subsidiary of Jack Dorsey’s Block (SQ), is teaming up with crypto exchange Yellow Card to enable cross-border payments in 16 countries across Africa.

CoinDesk placeholder image

Opinion

What Hindenburg Research’s Takedown of Block Says About Money and Crime

Expecting centralized money services to halt crime only helps politicize money and disempower users.

A new research report alleges widespread illicit misuse of the Cash App payments platform. The bigger risk may be centralized, politicized payments services themselves. (Shutterstock)

Markets

ARK Uses 'Wells Dip' to Stock Up Again on Coinbase Shares, Two Days After Selling

Coinbase shares tumbled 16% Thursday after the company disclosed late Wednesday it had received a Wells Notice from the Securities and Exchange Commission.

Cathie Wood, chief executive officer and chief investment officer, Ark Invest (Marco Bello/Getty Images)

Videos

Do Kwon Developments; Jack Dorsey’s Block Tumbles Following Hindenburg’s Report

A tweet from Montenegro's minister of interior, Filip Adzic, indicates that Terraform Labs co-founder Do Kwon appears to have been arrested in the country. Separately, Block (SQ) shares are tumbling after notable short-seller, Hindenburg Research accuses the company of "wildly" overstating user counts while understating customer acquisition costs.

Recent Videos