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TBD and Yellow Card to Enable Fiat On and Off-Ramp Payments in 16 African Countries via BTC
18.4.2023
TBD and the Africa-focused cryptocurrency exchange platform Yellow Card recently partnered to launch a fiat on and off-ramp that enables payments in some 16 African countries through Bitcoin rails. The objective of this arrangement is to make cross-border payments not only more affordable...
What Hindenburg Research’s Takedown of Block Says About Money and Crime
31.3.2023
Expecting centralized money services to halt crime only helps politicize money and disempower users
Bitcoin is Set to Disrupt Africa's $85 Billion Financial System – Here's What You Need to Know
27.3.2023
Bitcoin (BTC) is on its way to become the currency of choice for moving money between African countries, a new CNBC report has revealed.
The wide-ranging report, authored by CNBC’s crypto reporter MacKenzie Sigalos, came three months after the conclusion of the inaugural Africa Bitcoin Conference...
Short Seller Hindenburg Research Targets Billionaire Jack Dorsey's Payments Group, Block – What's Going On?
24.3.2023
Shares of Twitter founder Jack Dorsey’s fintech firm Block fell 15% on Thursday after the company was targeted by professional short sellers.
The fall in Block’s share price came as short selling firm Hindenburg Research announced that they had taken a short position in Block, Inc., a company...
Hindenburg Research reports Block short position, claiming fraud facilitation and inflated metrics
23.3.2023
"Block has wildly overstated its genuine user counts and has understated its customer acquisition costs," said the report
Jack Dorsey's Block Tumbles 17% After Short Seller Hindenburg's Report
23.3.2023
Notable short seller Hindenburg Research accuses Block of "wildly" overstating user counts, while understating customer acquisition costs
Balaji Srinivasan Says Hyperinflation Happening Now — Makes Million-Dollar Bets on Bitcoin Price Exceeding $1M in 90 Days
19.3.2023
Venture capitalist and angel investor Balaji Srinivasan says hyperinflation is happening now. Expecting the price of bitcoin to soon hit $1 million, he is making million-dollar bets that it will happen in 90 days. Srinivasan also advised investors to buy bitcoin, which he believes to be “a...
Jack Dorsey’s Block asks for input on proposed ‘mining development kit’
8.3.2023
Block’s mining hardware product lead, Naoise Irwin, has asked for pointers on a proposed hardware and software development kit for Bitcoin mining
Jack Dorsey’s TBD launches ‘C=’ to improve Bitcoin Lightning Network
4.3.2023
C= (pronounced C equals) aims to further the reach of the Bitcoin Lightning Network through added liquidity and routing services
Crypto Biz: Did crypto winter scare off Visa and Mastercard?
3.3.2023
Visa's head of crypto has pushed back against the notion that the credit card giant is getting cold feet because of the bear market
Block remains on the hunt for wallet partners nearly two years later
2.3.2023
The firm plans to partner with companies that are already experienced in local fiat payment processing
Twitter down the same day Jack Dorsey launches decentralized alternative
1.3.2023
Thousands of Twitter users were unable to view tweets while Jack Dorsey’s decentralized social network Bluesky grabbed attention online
Jack Dorsey’s decentralized Twitter rival enters App Store
1.3.2023
The interface of Jack Dorsey’s decentralized Twitter alternative Bluesky very much resembles the look of Elon Musk’s social media platform
Block’s Q4 Bitcoin Revenue Fell 7% Year-Over-Year to $1.83 Billion
23.2.2023
For the full year, Block’s bitcoin revenue declined 29% from 2021 due to the fall in the price of bitcoin, the company said
Bitcoin Lightning Network growth is organic, coming from real-world adoption
22.2.2023
Bitcoin Lightning Network adoption receives a boost with the launch of USD payments and decentralized social media platform, Nostr
Jack Dorsey-Based Social Network Nostr Gets Damus App Banned From China App Store
3.2.2023
A notification from Apple says that Damus “includes content that is illegal in China.”
Report: Elon Musk’s Payments Vision for Twitter Takes Shape, Small Team Tasked to Build Infrastructure
30.1.2023
Seven months ago, current Twitter owner Elon Musk said, prior to acquiring the social media giant, he would integrate cryptocurrency payments. According to sources, a team is working on the infrastructure for a payment platform, and Twitter is proceeding with regulatory approvals and registrations....
Jack Dorsey Gives Decentralized Social Network Nostr 14 BTC in Funding
15.12.2022
The former Twitter CEO has donated roughly 14 BTC worth $245,000 to fund Nostr's development, after recently publishing his views on a native internet protocol for social media
Jack Dorsey pushes for decentralized Twitter alternative
14.12.2022
Former Twitter CEO Jack Dorsey highlighted that a solution to Twitter’s censorship issues is making a platform resilient from corporate or government control
Kenya-Based Bitcoin Mining Company Raises $2 Million in Seed Investment Led by Jack Dorsey-Owned Firm
9.12.2022
Gridless, a bitcoin mining company operating from Kenya, recently raised $2 million in seed investment from Block, a digital payments company owned by Twitter founder Jack Dorsey, and Stillmark. The bitcoin mining firm is reportedly planning to use the capital raised to fund its expansion into...