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Jack Dorsey’s Block lays off 10% of staff
Latest Jack Dorsey News
News
Block, Inc., the financial services company led by Jack Dorsey, will pay a $40 million penalty to the New York Department of Financial Services (NYDFS) over failures in its anti-money laundering and virtual currency compliance program, regulators announced Thursday. The…
News
CEO of Block, Jack Dorsey confirms that the platform is currently working on accepting Bitcoin payments on its Square terminals and Bitkey. In a recent interview with Bitcoin News, Jack Dorsey stated that Bitcoin (BTC) will have “failed” if it…
BTC
Bitcoin
News
Fintech giant Block has reportedly laid off over 930 employees, as part of a restructuring effort following weak Q4 earnings. Jack Dorsey’s fintech provider Block has laid off 931 employees, representing about 8% of its workforce, just a month after…
Follow-up
On Feb. 18, 2025, Head of Digital Assets Research at VanEck, Matthew Sigel, published a long post on X, claiming that he is convinced Jack Dorsey is Satoshi Nakamoto. Sigel backed his claim with a body of evidence compiled by…
News
Decentralized social network Bluesky has secured millions in a Series A funding round led by Blockchain Capital to double down on its service expansion. Bluesky, the decentralized social network co-founded by Jack Dorsey, has reinforced its focus on user-centric design…
News
Bitkey and MoonPay have joined hands to simplify Bitcoin purchases powered by traditional web2 channels.
News
In a recent interview, Twitter founder Jack Dorsey explained his decision to leave Bluesky, saying the project ended up repeating all the mistakes that were made at Twitter. American entrepreneur Jack Dorsey has apparently lost his faith in Bluesky, a…
News
With Dorsey’s departure, Bluesky says it’s now searching for a new board member for the public benefit company. Jack Dorsey, the founder of Twitter, now known as X, has stepped down from the board of the decentralized social network Bluesky,…
News
Former Twitter CEO Jack Dorsey has made a staggering $21 million donation to OpenSats, a platform dedicated to funding Bitcoin (BTC) development.
BTC
Bitcoin
News
Block, the payments firm led by CEO Jack Dorsey, has begun a dollar cost averaging (DCA) program to expand its Bitcoin holdings, per a May 2 shareholder letter. Starting in April, the company has been allocating 10% of its monthly…
BTC
Bitcoin
News
The U.S. Attorney's Office is examining the financial transactions of Jack Dorsey's 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…
News
Crypto mining startup OCEAN raised over $6 million from Jack Dorsey and other backers to enhance decentralization of the Bitcoin ecosystem. Decentralized Bitcoin (BTC) mining pool OCEAN, a subsidiary of Mummolin Inc., has raised $6.2 million in a seed funding…
BTC
Bitcoin
News
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.
News
Jack Dorsey shows support for Azteco's mission, which aims to make life easier for the unbanked population worldwide.
BTC
Bitcoin
News
The Bitcoin non-profit, Btrust, co-founded by rapper Jay-Z and Block CEO Jack Dorsey, has acquired the Bitcoin talent company, Qala
Interviews
