The rise in crypto prices, as well as non-trading revenues, became key to profitability for many of these companies.
Category: Jack Dorsey
Auto Added by WPeMatico
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.
Powered by WPeMatico
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.
Powered by WPeMatico
Jack Dorsey’s relief fund pledges $5M donation to Bitcoin-focused nonprofit
The fund reported it had distributed more than $500 million to projects, including the Tor Project, the Signal Technology Foundation and the Calyx Institute.
Powered by WPeMatico
Cash App Bitcoin revenue tops $2 billion in the first quarter
Block’s Q1 earnings report reveals a 25% year-on-year increase in Bitcoin revenue from the fintech firm’s flagship product Cash App.
Powered by WPeMatico
Jack Dorsey-Backed Bitcoin Legal Defense Fund Supports Open Source Developers in Lawsuit With Craig Wright
Powered by WPeMatico
TBD and Yellow Card to Enable Fiat On and Off-Ramp Payments in 16 African Countries via BTC
Powered by WPeMatico
Hindenburg Research reports Block short position, claiming fraud facilitation and inflated metrics
“Block has wildly overstated its genuine user counts and has understated its customer acquisition costs,” said the report.
Powered by WPeMatico
Jack Dorsey’s Block asks for input on proposed ‘mining development kit’
Block’s mining hardware product lead, Naoise Irwin, has asked for pointers on a proposed hardware and software development kit for Bitcoin mining.
Powered by WPeMatico
Jack Dorsey’s TBD launches ‘C=’ to improve Bitcoin Lightning Network
C= (pronounced C equals) aims to further the reach of the Bitcoin Lightning Network through added liquidity and routing services.
Powered by WPeMatico