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Key Takeaways Square today announced the launch of Square Bitcoin, a fully integrated payments and wallet solution designed to make Bitcoin usable for everyday business transactions. The new offering allows merchants to accept Bitcoin payments directly from their point of sale with no processing fees for the first year. Share this article Jack Dorsey’s Square … Read more
Is Jack Dorsey’s Bitchat really a chat app, or an experiment in how digital society might look without central authorities at all? Summary Jack Dorsey’s experimental messenger Bitchat is expanding from short-range Bluetooth mesh into location-based chat, grouping users by geohashes and giving them temporary pseudonyms. Bitchat positions payments as part of messaging itself, offering … Read more
Key Takeaways Block positions its Proto Rig as a durable, repairable, and upgradeable alternative to today’s “disposable” mining machines. Proto Fleet will be free to use and available for deployment either on-premises or in the cloud. Share this article Jack Dorsey-led Block has unveiled Proto Rig, a first-of-its-kind modular Bitcoin mining system aimed at tackling … Read more
Key Takeaways Block plans to issue $1.5 billion through a private senior notes offering to institutional investors. Proceeds will be used for corporate purposes including debt repayment, acquisitions, and capital investments. Share this article Block, Jack Dorsey’s fintech firm, announced on Wednesday its plans to offer $1.5 billion in senior notes through a private placement … Read more
Key Takeaways Block’s Proto Mining will launch new Bitcoin mining chips next week to democratize mining. Block’s Cash App platform shows strong growth in Bitcoin transactions and financial services. Share this article Proto Mining, an initiative built by Jack Dorsey-led Block, will launch new Bitcoin mining chips next week that it believes will help democratize … Read more
Bitchat, a messaging app created by Twitter and Block founder Jack Dorsey, is available to download from the iOS App Store. Dorsey says he coded the basis of the app over the course of a weekend in early July. Bitchat operates through Bluetooth mesh networks, which means that users can send messages to others within … Read more
Key Takeaways Bitchat, a decentralized messaging app built on the Bitcoin network, has launched on Apple’s App Store. Jack Dorsey continues to advance decentralized technology initiatives through Bitcoin-focused projects. Share this article Bitchat, the decentralized messaging application developed by Jack Dorsey, is now available on Apple’s App Store, Block CEO said in a Monday statement. … Read more
Twitter co-founder Jack Dorsey is on an app-building spree. After releasing a Bluetooth-based messaging app called Bitchat earlier this month, this weekend Dorsey revealed another app called Sun Day that ostensibly helps users track UV exposure and Vitamin D intake. The new app is available via TestFlight on iOS, and its code is on GitHub … Read more
Key Takeaways Block will integrate Bitcoin payments into Square by 2026 using the Lightning Network. The Bitcoin payments feature will allow near-instantaneous, low-cost transactions for merchants. Share this article Jack Dorsey-led Block, which operates Square and Bitkey, announced today it will integrate Bitcoin payments into Square’s platform, with plans to complete the rollout to all … Read more
Key Takeaways Block will pay a $40 million penalty due to compliance failures in its Cash App platform. The investigation revealed weak anti-money laundering practices and inadequate monitoring of suspicious Bitcoin transactions. Share this article Block, Inc., the fintech giant led by Bitcoin advocate Jack Dorsey, has agreed to pay a $40 million penalty to … Read more
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