There might be as many opinions about crypto as there are cryptocurrency tokens. And with tens of thousands of digital assets populating the crypto market, that’s certainly a lot of opinions. That sheer scale of noise is in part why it can be so challenging to get a clear view of the Web3 landscape —
Block Stock Soars On Q1 Earnings, Strategic Bitcoin Investment: Details Block, Inc. (NYSE:SQ) shares rose after the company reported its first-quarter financial results on Thursday. Here’s a look at the highlights. Block reported quarterly sales of $5.957 billion, which beat the analyst consensus estimate of $5.821 billion, representing a 19.38% increase over sales of $4.99 billion from last year.
Published 1 minute earlier on Federal prosecutors are scrutinizing Block’s crypto unit, working with whistleblowers to investigate the company’s compliance practices, two sources familiar with the matter told NBC News on Wednesday. Due to inadequate checks, the company founded by Twitter co-creator Jack Dorsey allegedly processed crypto transactions linked to sanctioned countries and terrorist organizations,
In the early days of crypto there were just a handful of companies, including some venerable names like Coinbase, Kraken, and Grayscale, which are still around. Today, there are hundreds of firms that offer crypto, including those like BlackRock and PayPal that operate primarily in the world of conventional finance. For me, the most intriguing
Block ecosystems Square and Cash App have begun rolling out a feature that will allow eligible Square sellers to automatically convert a portion of their daily sales to bitcoin with Cash App. The rollout of this new Bitcoin Conversions feature began Wednesday (April 24), Block said in an email to PYMNTS. “Block believes that bitcoin is an instrument of economic