Jack Dorsey Says Block Will Allow Square Sellers To Auto Convert A Percent Of Daily Sales To Bitcoin
by Benzinga
Benzinga— Block Inc (NYSE:SQ) CEO and Twitter co-founder Jack Dorsey has announced a new feature that enables Square merchants to automatically convert a percentage of their daily sales into Bitcoin (CRYPTO: read more
Bitcoin News—Jack Dorsey's Block Targets Chip Advancement With 3nm Bitcoin ASIC Mining Rig – Mining Bitcoin News. 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 […]
CNBC—Jack Dorsey’s payments company, Block, is building its own bitcoin mining system. The company, formerly known as Square, now building a full bitcoin mining system.
Bitcoinist.com—Jack Dorsey's Block Faces Federal Probe Over Alleged Bitcoin Transactions For Terrorist Groups. According to an NBC report, federal prosecutors have initiated an investigation into Block, the financial technology company founded by Twitter co-founder Jack Dorsey, following allegations of compliance failures and links to terrorist networks through alleged crypto transactions. Notably, a former employee of Block has provided documents to the Southern District of New York, revealing compliance […]