Jack Dorsey’s Block Jumps 42% on Positive Crypto Quarterly Earnings
By / February 25, 2022, 7:00 am EST

Share prices for Block jumped more than 40% to a high of around $118 per share before cooling slightly to around $109

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Facebook Parent Meta Joins Nonprofit to Make Digital Assets Open Source
By / January 31, 2022, 9:15 am EST

Through COPA, Meta pledged to not enforce its core cryptocurrency patents against any individual or company, except for “defensive reasons”

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Jack Dorsey’s Block to List on Australia’s ASX in First Major Crypto Listing in Exchange’s History
By / January 14, 2022, 3:44 am EST

The move marks a significant first for the country to list a crypto-related company

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Cash App Integrates Lightning Network for Bitcoin Payments
By / January 11, 2022, 12:32 pm EST

Lightning Network is a decentralized protocol that uses smart contracts on top of blockchain-based cryptocurrencies like bitcoin

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Jack Dorsey’s Square to Change its Name to Block
By / December 1, 2021, 5:58 pm EST

The change takes effect on Dec. 10.

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Square Unveils tbDEX Whitepaper; ETH Outperforms BTC: Markets Wrap
By / November 19, 2021, 5:47 pm EST

Square subsidiary TBD unveils the tbDEX whitepaper, while ETH has outperformed BTC since yesterday’s broader market sell-off

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Square Reports $1.81B in Bitcoin Revenue, Reveals Plan to Increase BTC Offerings
By / November 4, 2021, 6:06 pm EDT

The company’s bitcoin revenue was an 11% increase year-over-year. Bitcoin gross profit was $42 million, approximately 2% of bitcoin revenue.

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Bitcoin Infrastructure Firm Blockstream Reaches Unicorn Status With $3.2B Valuation
By / August 24, 2021, 11:07 am EDT

The company has raised a total of $299 million to date with the latest $210 million, Blockstream’s chief strategy officer told Blockworks.

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Square Reports Bitcoin-Related Revenue up 200%; Buys Afterpay
By / August 2, 2021, 12:08 pm EDT

Square said in shareholders letter that its bitcoin gross profit jumped to $55 million from $17 million a year prior while crypto-related revenue hit $2.72 billion

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Analysts: Digital Wallets Poised to Disrupt Traditional Banks Over Next Decade
By / July 15, 2021, 4:02 pm EDT

Mizuho Securities equity analyst says buying Square could be like buying JP Morgan in 1871

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