Square merchants can now convert up to 10% of sales to Bitcoin via CashApp
Block gets one percent of every conversion. Go to Source
Jack Dorsey
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Block Unveils Bitcoin Conversion Feature for Square Merchants
On Wednesday, Block, the financial services firm, disclosed that merchants using Square can convert their daily sales into bitcoin through the Cash App. Block’s founder, Jack Dorsey, revealed this update on X, and as of today, merchants have the option to transfer between 1-10% of their Square-generated earnings into bitcoin, the leading crypto asset by … Read more
Jack Dorsey’s Block Targets Chip Advancement With 3nm Bitcoin ASIC Mining Rig
On Tuesday, Jack Dorsey, the founder of Block, took to X to announce that the company is “building a mining rig.” Dorsey also shared a blog post authored by Block’s lead for mining hardware products, Naoise Irwin. The post revealed enhancements in the chip design, upgrading from the initially planned 5-nanometer (nm) process to an … Read more
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. Go to Source
CZ, Buterin, Dorsey top crypto social media popularity charts as SBF clings to 10th place
MicroStrategy co-founder Michael Saylor and Cathie Wood, the founder and CEO of ARK Investment Management, complete the top 5 rankings for most followed crypto entrepreneurs on social media. Go to Source
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. Go to Source
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. Go to Source
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. Go to Source
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. Go to Source 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. Go to Source Powered by WPeMatico