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Bitcoin Transaction Investigation By DOJ Addressed By Block CEO Jack Dorsey: "We Take Compliance Seriously"

Block Inc. (NYSE:SQ) CEO Jack Dorsey addressed a potential Department of Justice investigation during the company’s first-quarter earnings call on Thursday. read more.....»»

Category: blogSource: benzingaMay 3rd, 2024

Cathie Wood-Led Ark Invest Continues Shopping For Shopify Stock, Sells $15M Worth Of Jack Dorsey"s Block Shares Amid Bitcoin Price Drop

On Tuesday, Cathie Wood’s Ark Invest made some significant trades, notably buying shares of Shopify Inc (NYSE:SHOP) and selling off Block Inc (NYSE:SQ) stocks. read more.....»»

Category: blogSource: benzingaMay 15th, 2024

Cathie Wood"s Ark Invest Buys $18M In Shopify Stock Amid Price Dip, Sells Shares In Bitcoin Bull Jack Dorsey"s Block Inc

On Monday, Cathie Wood’s Ark Invest made some significant trades, the most notable being the purchase of Shopify Inc (NYSE:SHOP) shares and the sale of Block Inc (NYSE:SQ) shares. read more.....»»

Category: blogSource: benzingaMay 13th, 2024

Jack Dorsey"s Block Under Examination From Authorities Over Alleged Sanctions Violations

Federal authorities investigate Block's crypto ops for potential violations of sanctions and ties to terrorism, raising concerns about compliance. read more.....»»

Category: blogSource: benzingaMay 2nd, 2024

Feds Scrutinizing Block"s Square And Cash App, Eyeing If Transactions Funded Terror And Skirted Sanctions

Feds Scrutinizing Block's Square And Cash App, Eyeing If Transactions Funded Terror And Skirted Sanctions Federal prosecutors are investigating compliance issues at Block, the fintech firm co-founded by Jack Dorsey, according to a new .....»»

Category: dealsSource: nytMay 1st, 2024

Jack Dorsey Says Block Will Allow Square Sellers To Auto Convert A Percent Of Daily Sales To Bitcoin

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.....»»

Category: blogSource: benzingaApr 25th, 2024

Jack Dorsey"s Block Announces Development Of "Full Bitcoin Mining System"

Jack Dorsey's Block Announces Development Of 'Full Bitcoin Mining System' Authored by Turner Wright via CoinTelegraph.com, Payments firm Blo.....»»

Category: personnelSource: nytApr 24th, 2024

Jack Dorsey"s Square To Fund Developers Of Popular Bitcoin Tool

Square Inc (NYSE: SQ) announced a grant of nearly $100,000 to two pseudonymous developers for their work on the Bitcoin (BTC) block explorer Mempool.space. read more.....»»

Category: blogSource: benzingaApr 8th, 2021

Jack Dorsey"s Cash App is allowing users to send and receive bitcoin without any transaction fees

The Cash App team further announced a $1 million giveaway in bitcoin, open to users that are legal US residents over the age of 18. Square Jack Dorsey's Cash App has enabled its users to send and receive bitc.....»»

Category: personnelSource: nytMar 18th, 2021

Jack Dorsey Predicts Bitcoin Price To Hit At Least $1M By 2030: "Hits That Number And Goes Beyond"

Jack Dorsey, Former CEO of social media giant Twitter, now X, made a super bullish prediction for Bitcoin (CRYPTO: BTC), describing it as a fascinating ecosystem and movement.  read more.....»»

Category: blogSource: benzingaMay 10th, 2024

Bitcoin"s Transaction Fees Dominate Income As App Development Thrives, Says Analyst — A Boom For Industry With Dwindling Block Subsidies?

Fees charged for processing transactions on the Bitcoin (CRYPTO: BTC) network have been on the rise in the last two years, providing a more sustainable source of income for a sector whose margins are narrowing. read more.....»»

Category: blogSource: benzingaMay 7th, 2024

Jack Dorsey Steps Down From Bluesky Board Amidst Controversy At Block, Refers To Elon Musk"s X As "Freedom Technology"

Twitter co-founder Jack Dorsey has stepped down from the board of Bluesky, a decentralized social media platform he supported, with Bluesky now seeking a new board member aligned with its vision of a user-controlled network. read more.....»»

Category: blogSource: benzingaMay 5th, 2024

Jack Dorsey says bitcoin changes everything for the better, following reports that Square has no plans to buy more of the cryptocurrency

The Twitter and Square chief executive is among an increasing number of tech bosses advocating for investing in bitcoin. Twitter and Square CEO, Jack .....»»

Category: topSource: businessinsiderMay 16th, 2021

Cryptos: A bitcoin battle of the billionaires ensues as Jack Dorsey faces off with Musk on ‘green’ merits of world’s No. 1 crypto

Two of the world's most prominent billionaires Tesla Inc.'s CEO Elon Musk and Jack Dorsey are facing off over the merits of bitcoin, with the future of the world's No. 1 crypto likely hanging in the balance......»»

Category: topSource: marketwatchMay 14th, 2021

Jack Dorsey says Bitcoin "changes everything for the better"

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMay 14th, 2021

Crypto bulls challenge Elon Musk"s environmental concerns on bitcoin - but billionaire Mike Novogratz takes a softer stance

The self-proclaimed "Technoking" had only recently agreed with Twitter boss Jack Dorsey, saying bitcoin "incentivizes" renewable energy. Tesla CEO, Elon Musk. Win McNamee/Getty Images Crypto fans decried Elon Musk's unex.....»»

Category: smallbizSource: nytMay 13th, 2021

Jack Dorsey"s Square reports Q1 bitcoin revenue grew 1,000% to $3.5 billion - and is the 3rd-largest corporate holder of the cryptocurrency

Squ.....»»

Category: personnelSource: nytMay 7th, 2021

Jack Dorsey"s Square and Cathie Wood"s Ark suggest bitcoin mining encourages the adoption of renewable energy and isn"t environmentally-damaging

Cathie Wood said that the findings disprove the myth that the.....»»

Category: topSource: businessinsiderApr 22nd, 2021

A fintech head breaks down the "religious" properties that make bitcoin the top cryptocurrency - and says Chamath Palihapitiya and Jack Dorsey are so devout that they ignore other crypto innovations

Bitcoin's widespread name-brand recognition built over many years is one of the multiple reasons why it's the top cryptocurrency, Citi says. KTS Design/Science Photo Library/Getty Images Ajit Tripathi, head of ins.....»»

Category: topSource: businessinsiderApr 18th, 2021

Twitter"s Jack Dorsey, Tony Hawk among headliners at Bitcoin conference moving to Miami

An event billed as the world's largest Bitcoin conference is moving from Los Angeles to Miami. Bitcoin 2021 will be hosted at Mana Common in the Wynwood Arts District from June 3-6. The three-day conference features headline speakers such as Twit.....»»

Category: topSource: bizjournalsMar 23rd, 2021

: Twitter CEO Jack Dorsey just sold his first tweet as an NFT for $2.9 million

Dorsey says he’ll convert over $2.9 million to bitcoin and donate it to COVID-19 relief in Africa......»»

Category: topSource: marketwatchMar 22nd, 2021