Jack Dorsey’s Block creating its own Bitcoin mining system
Jack Dorsey’s payment company, Block, formerly known as Square, is making a major move by escalating its efforts from merely designing chips to establishing a comprehensive Bitcoin mining system. Advancements in Mining Chip Technology Yesterday, Jack himself revealed they have successfully developed a standalone three-nanometer bitcoin mining chip. They are currently finalizing the design alongside […]
Everything to know about Block’s new Bitcoin self-custody wallet
Block, the financial payment processor co-founded by tech maverick Jack Dorsey, is stepping up its game in the cryptocurrency arena with the launch of its self-custody Bitcoin wallet, Bitkey. Making a splash in the digital currency world, Bitkey was unveiled on December 7 and is poised to be a game-changer in how users interact with […]
Jack Dorsey’s Block accused of fraud and inflated metrics
Jack Dorsey’s Block, the $44 billion market cap company formerly known as Square, has been accused of fraudulent behavior and inflating metrics in a two-year investigation, according to Hindenburg Research. The report says that the company claims to have developed a “frictionless” and “magical” financial technology with a mission to empower the “unbanked” and the […]
