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PortuguêsBlock Inc. posted $1.47B worth of profit in Q2 but BTC trading services profit only accounted for $41 million of that figure, with the firm citing price volatility and a…
Continue ReadingIs The NY Times changing its tune? Not exactly, but it’s a start. And a big improvement over the mainstream media’s constant attacks on bitcoin. The newspaper interviewed notable bitcoiners,…
Continue ReadingIt’s official, Intel is part of the bitcoin mining business. The gargantuan technology company announced its “ultra-low-voltage energy-efficient” ASIC chip barely six months ago, and it’s already here. Under normal…
Continue ReadingIn time, The Bitcoin Academy will probably be remembered as Jay-Z’s biggest contribution to Marcy, the neighborhood that saw him grow. Believe it or not, low-income zones and people would…
Continue ReadingThe Environmental Protection Agency or EPA keeps receiving mail. This time, 14 members of Congress provided the counterpoint and singled out the environmental benefits of bitcoin mining. They also made…
Continue ReadingHash rate plays a vital role in every Proof-of-Work (PoW) blockchain. It measures the computational drive for all transaction verification and block additions to the network. Hence, the Bitcoin hash…
Continue ReadingBlock Inc. is looking to bypass Web3 entirely and focus on a new Bitcoin-centric model for identity management. Block subsidiary TBD has announced plans to build a new decentralized web…
Continue ReadingTBD’s Web5 takes a different approach than Web3 on how to build a properly decentralized internet, with Bitcoin being the single blockchain used in the project. Jack Dorsey’s Bitcoin-focused TBD…
Continue ReadingThe founder of financial tech company Block Inc., Jack Dorsey announced he is collaborating with the rapper Jay-Z by launching a Bitcoin Academy in Brooklyn. The Bitcoin Academy’s mission aims…
Continue ReadingThe Shawn Carter Foundation and Cash App will provide informative seminars and classes on Bitcoin to specific New York City residents this summer. Legendary New York hip-hop artist and producer,…
Continue ReadingThe Bitcoin Academy will help those in financial hardship with free courses, devices and data plans for residents of Marcy House in Brooklyn, New York. Jack Dorsey and Jay-Z announced…
Continue ReadingAnd so, there he goes. Bitcoin “cheerleader” Jack Dorsey is out from the Twitter board. The former Twitter CEO resigned from the company’s board of directors on Thursday, effective immediately,…
Continue ReadingDespite the fact that the Bitcoin price trended down over Q1, the Block ecosystem of payment solutions with Bitcoin in mind performed well. Block, the pro-Bitcoin (BTC) umbrella company that…
Continue ReadingAmong Block’s initiatives to further the Bitcoin ecosystem shared in its 2022 Investor Day is the development of an open-source bitcoin mining ASIC chip. Block’s overarching purpose is to drive…
Continue ReadingBluesky outlined that it is “not possible to have a usable social network without moderation,” and intends to build a moderation model for the network dubbed “speech and reach.” Twitter’s…
Continue ReadingBlock, formerly known as Square, announced on Thursday that its Cash App generated $1.73 billion in bitcoin purchases in the first quarter of 2022. Block Releases Q1 2022 Report On…
Continue ReadingA letter authored by Michael Saylor, Jack Dorsey and other members of the Bitcoin Mining Council was sent to the EPA refuting energy FUD about mining bitcoin. The Bitcoin Mining…
Continue ReadingFormer Twitter CEO Jack Dorsey ponders Ethereum’s “single points of failure” and whether one man should be able to control an entire social media network, while Bitcoin.com News gives you…
Continue ReadingThe internet entrepreneur and former CEO of Twitter, Jack Dorsey, claims if developers are building on Ethereum they have “at least one, if not many, single points of failure.” The…
Continue ReadingThe crypto and NFT side of Twitter are flooding with scams. It only takes a few interactions to get your first “@Elonmusk_ started following you” notification. And if you ever…
Continue ReadingAt the Bitcoin 2022 conference in Miami, Block, Inc., formerly Square, Inc., announced three new bitcoin services for the company’s mobile payment platform. The mobile payment platform Cash App will…
Continue ReadingTesla and Spacex CEO Elon Musk has joined Twitter’s board of directors and promised to “make significant improvements” to the social media platform. Some changes he is considering include adding…
Continue ReadingWith a vision for how Bitcoin can grow exponentially in Africa, Abubakar Nur Khalil will help guide Jack Dorsey’s BTrust. Anyone who has family in Africa or friends on the…
Continue ReadingWho’s Chris Larsen trying to fool? Even though the Chairman of Ripple claims that “the company is not involved in this campaign,” their latest PR stunt is as obvious as…
Continue ReadingA Tokyo-based financial technology company called Kyash has raised $41.2 million in a Series D funding round which saw participation from the Block (formerly known as Square). The investment into…
Continue ReadingThis latest raise brings Kyash’s valuation to approximately $107.7 million. Kyash, a Tokyo-based digital wallet, announced a $41.2 million, or 4.9 billion yen, raise in a Series D round. Since…
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