block News

Block, owned by Twitter founder Jack Dorsey, has laid off large-scale layoffs of more than 1,000 employees. Block is reportedly terminating 10% of staff in a move meant to purge “a large number of teammates” to streamline operations, according to…

Block, Inc. reported a significant 37% increase in Bitcoin revenue in Q3 2023, reaching $2.42 billion, with an overall net revenue boost of 24% to $5.62 billion year-over-year.

The web3 protocol said its decision followed legal guidance from the U.S. Treasury while debunking unverified reports of restrictions on non-sanctioned countries.

Block, the fintech company owned by Twitter's creator, Jack Dorsey, reported $2.16 billion in Bitcoin sales on its Cash App in Q1 2023, representing a 25% YoY increase.

In the wake of a damning report by short-selling firm Hindenburg Research, Jack Dorsey’s Block Inc. (SQ) faced its worst week in over three years. Hindenburg’s allegations, centered around overstated user numbers and involvement in criminal activity, have sent shockwaves…

ARK Invest has beefed up its portfolio with millions of dollars worth of Coinbase (COIN) and Block (SQ) shares.

Reports indicate that Ark Invest bought about $6.4 million in Block shares via three funds. 

Jack Dorsey’s Block is calling on members of the public to give feedback concerning the features they want in its open-source silicon-based bitcoin (BTC) mining hardware system under development.  Nearly two years after announcing plans to launch its bitcoin mining…

Dorsey's Block Inc recently revealed its Q4 report. Despite registering a fall in BTC's revenue, the crypto entity's Q4 report revealed far better results than anticipated.

Bitcoin Cash ABC’s new rolling 10 block checkpoint system, introduced in order to defend against “deep” hostile reorganizations, actually increase the risk of consensus chain splits and provide new opportunities for attackers, BitMex reported on November 21, 2018. New Bitcoin…

An article published October 8, 2018, talks about why Bitcoin’s highest valuation is now $100,000. This number is derived from the strong relationship between network activity and price that the cryptocurrency has shown in the past. In layman terms, the…