Jack Dorsey's Block slows hiring, investment as bitcoin plunge slams earningsShares of Block, formerly called Square, fell nearly 6% in extended trading on Thursday.
05 Aug, 2022, 07.52 AM IST
Tesla, Block and Blockstream to mine bitcoin off solar power in TexasBlockstream and Block, which was previously known as Square, had said in June that they were collaborating to build an open-source and sola...
09 Apr, 2022, 12.55 PM IST
Jack Dorsey-led Square rebrands to Block in nod to blockchainSquare says its name had become synonymous with it's seller business. The new name would distinguish the corporate entity from its business...
02 Dec, 2021, 09.02 AM IST
Crypto, fintech dreams on Jack Dorsey's mind post-Twitter stintDorsey will pursue his passion which include focusing on running Square & doing philanthropic work.
01 Dec, 2021, 11.40 AM IST
Crypto week at a glance: Crypto market stumbles and stabilizes, Bitcoin Taproot goes liveAccording to CoinMarketCap, the total crypto market capitalisation stood at $2.6 trillion this week. On the longer time frame, Bitcoin and ...
21 Nov, 2021, 02.24 PM IST
Square quarterly profit jumps on bitcoin boostThe payments firm, which is acquiring buy now, pay later pioneer Afterpay Ltd for $29 billion, posted gross profit of $1.13 billion in the ...
05 Nov, 2021, 10.48 AM IST
Square CEO Jack Dorsey says looking to build a bitcoin mining systemThis would add to Square's existing bitcoin-focused projects including a business to build an open developer platform, as well as a hardwar...
16 Oct, 2021, 10.23 AM IST
Decrypting Crypto Trends: Why is Square moving into the Bitcoin custody space?Square’s foray into the digital asset custody and service did not surprise many. In June, Jack was at his eloquent best at Bitcoin 2021 Con...
17 Jul, 2021, 03.30 PM IST
Financial payments startup Square making real-world wallet for Bitcoin"This community's response to our thread about this project has been awesome -- encouraging, generous, collaborative and inspiring," Jesse ...
10 Jul, 2021, 11.55 AM IST
Square sails past profit estimates as bitcoin volumes surgeCash App generated $3.51 billion in bitcoin revenue, up eleven times from a year earlier, in a quarter when the most popular cryptocurrency...
07 May, 2021, 11.01 AM IST
Bitcoin hits $60,000 in record highBitcoin is up more than 2 per cent from its previous year high of $58,354.14 on Feb. 21.
13 Mar, 2021, 06.03 PM IST
Bitcoin on your balance sheet? Here's what you need to knowHurdles remain for the quick dawn of a wider trend of major corporations holding bitcoin, from the cryptocurrency's volatility to reputatio...
08 Mar, 2021, 01.24 PM IST
Bitcoin gains 5% to $50,943Bitcoin's price soared this year as major firms, such as BNY Mellon, asset manager BlackRock Inc, credit card giant Mastercard Inc, backed ...
04 Mar, 2021, 08.24 AM IST
Jack Dorsey's Square puts 'skin in the game' with $170 million more in bitcoin buySquare bought 3,318 bitcoins in the fourth quarter, adding to the mainstream acceptance of the digital currency that has been winning suppo...
24 Feb, 2021, 11.02 AM IST
Bitcoin breaks above $50,000: Here are nine of its best-known backersSceptics of the cryptocurrency's ability to go mainstream say it is rarely used for regular transactions and is too volatile to be a reliab...
16 Feb, 2021, 10.42 PM IST
Twitter has thought about holding bitcoin, not decided yet: ReportIn an interview with CNBC, Segal said Twitter had considered how it might pay vendors or employees using bitcoin, should they ask to transa...
11 Feb, 2021, 10.11 AM IST
Bitcoin at $100,000 in 2021? Outrageous to some, a no-brainer for backersBitcoin is within sight of its all-time peak of just under $20,000 hit in December 2017. It debuted in 2011 at zero and was last trading at...
24 Nov, 2020, 11.59 AM IST