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Jack Dorsey's Square to Invest More in Bitcoin Mining and Shut Decentralized 'Web5' Venture

Jack Dorsey's Square to Invest More in Bitcoin Mining and Shut Decentralized 'Web5' Venture

The company's shares fell after reporting third quarter sales that missed estimates by 4%.
20-Year Prison Sentence Looms for Man Accused of Crypto Money Laundering Scheme

20-Year Prison Sentence Looms for Man Accused of Crypto Money Laundering Scheme

A North Carolina man has been indicted for allegedly laundering more than $380,000 in a wire fraud scheme, according to the Department of Justice. ...
Block Is Buying Bitcoin Every Month for Its Balance Sheet

Block Is Buying Bitcoin Every Month for Its Balance Sheet

Block Inc. has announced its strategy of regularly purchasing bitcoin for its corporate balance sheet via dollar-cost averaging (DCA). The company ...
Block Unveils Bitcoin Conversion Feature for Square Merchants 

Block Unveils Bitcoin Conversion Feature for Square Merchants 

On Wednesday, Block, the financial services firm, disclosed that merchants using Square can convert their daily sales into bitcoin through the Cash...
Some Square Users Can Now Convert Their Dollars to Bitcoin Via Cash App

Some Square Users Can Now Convert Their Dollars to Bitcoin Via Cash App

Bitcoin Conversions will charge a flat 1% fee to automatically convert a portion of merchant revenues into BTC.