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Jack Dorsey’s Block lays off 10% of staff
Latest Jack Dorsey News
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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…
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Bitkey and MoonPay have joined hands to simplify Bitcoin purchases powered by traditional web2 channels.
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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…
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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,…
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Former Twitter CEO Jack Dorsey has made a staggering $21 million donation to OpenSats, a platform dedicated to funding Bitcoin (BTC) development.
BTC
Bitcoin
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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
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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…
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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
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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.
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Jack Dorsey shows support for Azteco's mission, which aims to make life easier for the unbanked population worldwide.
BTC
Bitcoin
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The Bitcoin non-profit, Btrust, co-founded by rapper Jay-Z and Block CEO Jack Dorsey, has acquired the Bitcoin talent company, Qala
Markets
Bitcoin developers responded to a lawsuit initiated by self-proclaimed Bitcoin creator Craig Wright, often mocked with the nickname “faketoshi.” On Aug. 21, Bitcoin Legal Defense Fund (BLDF) filed a preliminary issue application with the UK High Court against Wright’s firm…
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Jack Dorsey, the Twitter co-founder, made a commitment to support bitcoin developers by pledging $5,000,000.
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In a major leap forward for the decentralization of the internet, TBD, a subsidiary of Jack Dorsey's fintech company Block, has introduced an open-source toolkit for its ambitious web5 project.
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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.
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