Jack Dorsey, the founder of Square, has announced reviewing plans to build a decentralized Bitcoin [BTC] mining system based on custom-designed silicon intending to make it more accessible to both retailers and large institutions on a global scale. In his latest tweet, the CEO of the social media giant, Twitter pointed out the current BTC […]
Square Crypto
TBD Bitcoin DEX: Jack Dorsey talks about the new division
Twitter chief Jack Dorsey’s love for Bitcoin isn’t a new story. Time and again, the tattooed entrepreneur has made the world’s largest cryptocurrency his topmost priority and is doing everything to make Bitcoin the global currency of the internet. Dorsey had first mentioned Square’s brainchild “TBD,” BTC-centric DEX. While sharing a Twitter thread written by […]
Jack Dorsey’s Square to buy Afterpay for $39B in Australia’s largest-ever buyout
Twitter co-founder Jack Dorsey’s digital financial platform Square has announced its plans to acquire ASX-listed buy now pay later behemoth Afterpay in an all-stock deal. At $29 billion, the transaction for the entire deal is said to be Australia’s biggest-ever buyout. The founders of Afterpay, Nick Molnar and Anthony Eisen will continue to hold the […]
Jack Dorsey to elevate Square’s crypto presence with the launch of Bitcoin DeFi services
The CEO of Twitter and Square, Jack Dorsey, has always made sure to stay relevant in the crypto-verse. With Square, Dorsey hopes to bolster his presence in the crypto market with his imminent launch of Bitcoin DeFi services. Decentralized Finance, aka DeFi, has made a notable impression in the financial world. With its lending and […]
Jack Dorsey’s Square platform to refrain from buying anymore Bitcoin [BTC]
The founder of Twitter, Jack Dorsey has time and again revealed his interest in crypto, particularly Bitcoin. Dorsey was so fond of BTC that he even went on to mention the asset on his Twitter bio. However, now, Dorsey’s payments platform, Square has revealed that the company would no longer purchase any additional Bitcoin than […]
JPMorgan Files With SEC To Launch Debt Linked To 11 Cryptocurrency-focused Firms
Wall Street investment banking company, JPMorgan Chase is set to roll-out debt instruments that are connected to 11 cryptocurrency-focused companies. In the latest development, the financial services behemoth has reportedly filed with the US Securities and Exchange Commission [SEC] about a new debt instrument to enable its investor clients to gain exposure to the cryptocurrency […]
Square Encounters Trouble With Craig Wright
Jack Dorsey, the CEO of Twitter rolled out Square to venture into the crypto-verse. The platform recently launched COPA [Cryptocurrency Open Patent Alliance] to aid cryptocurrency firms to deal with issues pertaining to copyrights. While the crypto industry lauded this move, Craig Wright seemed to be having an issue with the same. Square Hits Back […]
Jack Dorsey Continues To Endorse Bitcoin; Square Rolls Out Platform To Aid Crypto Innovation
Over the years cryptocurrencies, particularly Bitcoin caught the eye of prominent personalities across the globe. While the coin was made for the average Joe to break from the shackles of centralized institutions, several authorities and notable people took a keen interest in Bitcoin. Founder and CEO of a prominent social network company, Twitter, Jack Dorsey […]
Square Crypto Funds “The Eye of Satoshi” Bitcoin Lightning Network Watchtower
Square Crypto has been dispensing out grants to developers working on free, open source projects that underpin the future burgeoning of both the Bitcoin and Lightning networks. This time around, its latest allocation went to a watchtower service for the Bitcoin Lightning. The digital currency creation division of Jack Dorsey’s Square payments company, Square Crypto, […]
Square’s Profits Shoot up as Bitcoin Trade Becomes Ace Up Its Sleeve
Cryptocurrency-based companies have enjoyed unusual success over the past few months, especially with the advent of Bitcoin’s price rise. This unprecedented success rate could also be attributed to more and more people entering the digital asset industry. Square, the payment services provider founded by Twitter CEO Jack Dorsey recently revealed its 4th quarter earnings for […]