Block
Jack Dorsey's Block Tumbles After Short-Seller Hindenburg's Report
Shares of Jack Dorsey's fintech payments company Block (SQ) are sinking after being the subject of the latest attack from notable short-seller Hindenburg Research. The company accuses Block of "wildly" overstating user counts while understating customer acquisition costs. "The Hash" panel discusses the report and the alleged revelations about Block's business operations.
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 Launches Service Provider to Make Lightning More Reliable
TBD, a division of Jack Dorsey's financial-technology company Block, has launched a new business entity named “c=” that focuses on improving liquidity and routing on the Lightning Network. CoinDesk Editor at Large Christie Harkin breaks down its significance to Bitcoin’s layer 2 scaling system.
Jack Dorsey's Block Launches Service Provider to Make Lightning More Reliable
The new entity dubbed “c=” aims to improve liquidity and routing on Bitcoin’s Lightning Network. The name references the speed of light in Einstein's famous equation E=MC2.
Block’s Q4 Bitcoin Revenue Fell 7% Year Over Year to $1.83B
For the full year, Block’s bitcoin revenue declined 29% from 2021 due to the fall in the price of bitcoin, the company said.
How to Keep Control of Your Crypto
Live from Las Vegas at CES 2023, CoinDesk Web3 & Learn Managing Editor Toby Bochan takes a look at crypto wallets and other self-custody tech designed to make users masters over their digital money so they don’t have to trust exchanges. Speakers include: Block Bitcoin Wallet Lead Max Guise, Casa CEO Nick Neuman, Coinbase Director of Engineering Chintan Turakhia and Bitski Head of Product Jasmine Xu.
Block Manager Sees Self-Custody as Future of Crypto Post-FTX
The payments company is working on a product to allow customers to hold bitcoin directly.
How Jack Dorsey’s Block Is Approaching Crypto
Max Guise, Bitcoin Wallet Lead at Block, speaks with CoinDesk's Christine Lee at CES 2023 about what the Jack Dorsey-led company's plans are for crypto and the future of self-custody in the wake of FTX's collapse.
Bitcoin’s Biggest Milestones in 2022
CoinDesk Technology reporter Frederick Munawa discusses Bitcoin's major achievements this year, as outlined by the Bitcoin Operations Technology Group. The paper covers dozens of milestones: from ambitious scaling proposals such as validity rollups and the Taro test software, to captivating events like the establishment of a Bitcoin legal defense fund by Block CEO Jack Dorsey and a controversial Lightning Network Daemon (LND) bug that left part of the Lightning Network in disarray.
Jack Dorsey's Block Invests in East African Bitcoin Miner Gridless
Gridless, a bitcoin mining company helping generate new sources of energy in East African rural communities, secured $2 million in a seed investment round led by bitcoin VC firm Stillmark and Block, a payments company led by Twitter co-founder Jack Dorsey. "The Hash" hosts discuss what this means for the global bitcoin mining industry.
