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Block’s Q1 Bitcoin Revenue Rises 18% From Q4, Gains 25% From a Year Ago
4.5.2023
For the full year, Block’s bitcoin revenue declined 29% from 2021 due to the fall in the price of bitcoin, the company said
Jack Dorsey-Backed Bitcoin Legal Defense Fund Supports Open Source Developers in Lawsuit With Craig Wright
1.5.2023
Bitcoin Legal Defense Fund (BLDF) recently delivered on its promise to fund the legal costs of 11 Bitcoin developers that are the target of the self-proclaimed Bitcoin inventor Craig Wright’s lawsuit. According to Alex Morcos, the “mission [of BLDF] is to safeguard innovation...
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...
Jack Mallers' Strike Service, Send Globally, Tackles Bitcoin-Fiat Remittances
17.4.2023
The new Lightning-based service lets users in the U.S. send even small cash payments to parts of Southeast Asia and Africa quickly and cheaply. Eventually, the service will be available throughout the world, giving foreign workers everywhere a new way to send their pay back home. That’s why Send...
Uniswap proposal to launch on Polygon zkEVM is set to pass
14.4.2023
All 191 UNI token holders voted in favor of the proposal to launch the DEX on Polygon's zkEVM
ECB Member Fabio Panetta Claims Rising Profit Margins Could Be Fueling Inflation
5.4.2023
Fabio Panetta, a member of the executive board of the European Central Bank (ECB), has stated that companies increasing their profit margins could be helping to fuel inflation. In an interview with the New York Times, Panetta warned about the effect that companies increasing such margins could have...
Nifty News: Gucci to drop Otherside pendants, Jack Daniels taps AR, Web3 and more
4.4.2023
Jack Daniels is dropping digital collectibles in an AR game, while FIFA launched an AI-football simulation game that will eventually ship NFT integrations
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
Tekken 8 Has Special Character Intros For Lore Nerds
29.3.2023
Fighting game fanatics got their first real look at Bandai Namco’s newest entry in its long-running Tekken series during last year’s PlayStation State Of Play. Now a bunch of hands-on previews for Tekken 8 have dropped, and among the revelations is the fact that Tekken is taking a page out of...
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
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...
I Won't Be Silenced: Colin Farrell's New Penguin Look Gives Sexy Italian Man
10.3.2023
It’s not bold to say that Colin Farrell is an attractive man (look at him in Fright Night or Miami Vice or Alexander), but it is bold to say that Colin Farrell as The Penguin in 2022's The Batman is attractive. He’s covered in prosthetics, is losing his hair, and has an overall skeezy vibe that...
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
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