Block gets 1% of every conversion.
Jack Dorsey’s Block Is Building a Bitcoin Mining System
The firm also completed the development of its three-nanometer mining chip, which it had been working on since April 2023.
Some Square Users Can Now Convert Their Dollars to Bitcoin Via Cash App
Bitcoin Conversions will charge a flat 1% fee to automatically convert a portion of merchant revenues into BTC.
Jack Dorsey’s Block announces development of ‘full Bitcoin mining system’
The Block — then Square — CEO initially suggested the idea of a collaborative approach to decentralize Bitcoin mining in October 2021.
Jack Dorsey’s Block Begins Shipping Bitkey Bitcoin Wallets
Block unveiled Bitkey for pre-order in 95 countries last December having commenced beta testing during the summer.
Jack Dorsey’s Block Bitkey Bitcoin Wallet Comes to Market in More Than 95 Countries
Jack Dorsey’s company’s new self-custody wallet consists of an app, hardware device and recovery tools.
Jack Dorsey Aims to Create Anti-Censorship Bitcoin Mining Pool With New Startup
The startup said it created “only non-custodial” mining pool where miners get the new bitcoin block reward for mining directly from the network.
Jack Dorsey wants to decentralize Bitcoin mining with new investment
Ocean, which raised $6.2 million in a funding round led by Jack Dorsey, plans to enable miners to get block rewards directly from Bitcoin.
CZ, Buterin, Dorsey top crypto social media popularity charts as SBF clings to 10th place
MicroStrategy co-founder Michael Saylor and ARK Invest CEO Cathie Wood complete the top five rankings for most followed crypto entrepreneurs on social media.
Jack Dorsey’s Block had $5.62B in revenue, $44M in Bitcoin profits in Q3
Block didn’t incur any impairment loss on its Bitcoin holdings, and Bitcoin revenue contributed as much as 43% of its total revenue.
Jack Dorsey’s ₿trust acquires African Bitcoin organization Qala
As part of the acquisition, Qala rebrands as the ₿trust Builders Programme and aims to drive the development and education across the Global South.
Crypto-centered public companies record profit beating Q2 estimates
The rise in crypto prices, as well as non-trading revenues, became key to profitability for many of these companies.
Bitcoin Lightning on Coinbase agenda, Brian Armstrong tells Jack Dorsey
Armstrong confirmed that Coinbase was looking into adding support for Bitcoin Lightning while reassuring his support for Bitcoin payments.
Apple May Not Like It, but ‘Zapple Pay’ Finds Workaround for Bitcoin Tipping on Damus
The new third-party payment service claims to be independent of the Damus iPhone app that Apple has tried to restrict, and lets users tip one another on any app that runs on the Nostr protocol.
Elon Musk imposes ‘rate limit’ on Twitter citing extreme ‘system manipulation’
Verified Twitter users will be allowed to view 10,000 posts per day, while new, unverified accounts will get 500 under the new limits.
Elon Musk imposes ‘rate limit’ on Twitter citing extreme ‘system manipulation’
Verified Twitter users will be allowed to view 10,000 posts per day, while new, unverified accounts will get 500 under the new limits.
Bitcoin-Friendly App Damus Avoids Apple Deplatforming After Two-Week Battle Over ‘Zaps’ Tipping
Apple had threatened to eject the bitcoin-friendly social media app from its App Store by June 27 unless Damus removed the ability to receive bitcoin tips via “zaps” on content posts.
Jack Dorsey Questions Apple’s Tim Cook Over Bitcoin Support as Damus Deplatforming Looms
Apple cited violations of its in-app purchase guidelines as the primary reason for the delisting, according to Damus founder William Casarin.
Damus Founder Now Expects Deplatforming From Apple App Store
Apple cited violations of its in-app purchase guidelines as the primary reason for the delisting, according to Damus founder William Casarin.
Jack Dorsey-Backed Bitcoin Wallet Bitkey To Integrate With Coinbase and Cash App
Public beta testing will begin in a few weeks according to parent company Block.