[ad_1] After a damning report by short-selling company Hindenburg Research, Jack Dorsey’s Block Inc. (SQ) is having its worst week in over three years. NEW FROM US: Block—How Rising User Metrics and…
Category: Block
Hindenburg Research reports Block short position, claiming fraud facilitation and inflated metrics
[ad_1] A report following a two-year investigation from Hindenburg Research claims digital payments company Block has “systematically leveraged demographics it claims to help”, accusing the company of inflating its user metrics and…
Retail Merchants Linked to Etsy and SVB Facing Delayed Payments
[ad_1] Etsy and partners like Shopify need to jumpstart their realignment agenda. Retailers selling on several online marketplaces including American ecommerce marketplace Etsy Inc (NASDAQ:ETSY) are reportedly seeing delays in their payments…
Solo Bitcoin Miner Wins Rare Block Reward Worth Over $150,000
[ad_1] Bitcoin mining is the process by which miners add new blocks to the Bitcoin blockchain. Miners must use computational power to solve complex mathematical equations to create valid block hashes. When…
Jack Dorsey’s Block asks for input on proposed ‘mining development kit’
[ad_1] Payments company block, formerly known as Square, is digging deeper into the crypto mining industry with potential plans to build a “mining development kit.” A March 7 blog post revealed that…
Jack Dorsey’s Block Announces Mining Development Kit For Novel Bitcoin Mining Use Cases
[ad_1] The development kit is expected to have many components that will allow for increased accessibility and openness of bitcoin mining hardware. Jack Dorsey Block has posted a new blog detailing the…
TBD’s Block Launches c= to Enhance Bitcoin Lightning Network
[ad_1] TBD, a subsidiary of Block, has announced the launch of c=, a new initiative aimed at enhancing the Bitcoin Lightning Network. c= is a new effort aimed at improving the Bitcoin…
Xapo Bank Integrates Lightning Network Payments Through Lightspark Partnership – Bitcoin News
[ad_1] On March 2, Xapo Bank announced its partnership with Lightspark, a company led by David Marcus, former crypto boss at Facebook. This partnership aims to expand the use of bitcoin and…