Tag: block
Jack Dorsey’s Block to use 10% of Bitcoin profit to buy BTC every month
Block, Inc. co-founder Jack Dorsey told shareholders its Bitcoin-buying plan during an earnings call, saying its an…
Block, Inc. Q1 results top estimates, shares jump after-hours
Block’s first-quarter 2024 results beat Wall Street analyst estimates on earnings and revenue which saw its share…
US probes Jack Dorsey’s Block, Inc. over financial transactions: Report
U.S. prosecutors are reportedly investigating the fintech firm after a whistleblower claimed it processed thousands of transactions…
Proposed US bill wouldn’t allow taxing block rewards at acquisition
If incorporated into U.S. tax law, the bill would require block rewards from proof-of-work and proof-of-stake networks…
Solo Bitcoin miner wins the 3.125 BTC lottery, solving valid block
The solo miner netted around $200,000 in rewards for validating block 841,286.
Crypto Biz: X payment system, Block moves into Bitcoin mining and more
This week’s Crypto Biz examines X’s upcoming payment system, the NYSE’s potential 24/7 trading, Block’s expansion into…
'Epic sat' mined from fourth Bitcoin halving block sells for $2.1M
One satoshi is currently worth $0.00065 — but some sats hold inherent “collectible value” in the Bitcoin…
Jack Dorsey’s Block completes Bitcoin mining chip, announce development of full system
Jack Dorsey’s firm Block has unveiled a significant advancement in Bitcoin (BTC) mining technology with the completion…
Block size and scalability, explained
What is block size, and why is it important? Block size is important for maximizing storage efficiency…
Jack Dorsey’s Block Inc. launches self-custody Bitcoin wallet
Financial payment processor Block, co-founded by Jack Dorsey, has launched its self-custody Bitcoin (BTC) wallet. Dubbed “Bitkey,”…