Bitcoin24h $62,941.79-2.98%

Ethereum24h $1,861.07-3.24%

BNB24h $587.00-0.78%

XRP24h $1.06-2.28%

Solana24h $72.77-2.52%

TRON24h $0.3260-0.84%

Hyperliquid24h $52.60-5.42%

Dogecoin24h $0.0697-1.24%

UNUS SED LEO24h $9.77-0.06%

Zcash24h $455.40-3.55%

Escaping Jack Dorsey’s BTC miners cost $41.9 million

Core Scientific gave Jack Dorsey’s Block $67.9M for BTC mining chips. It then booked a $41.9M loss for the right to stop buying them.

Uganda threatens to block Jack Dorsey’s Bitchat ahead of elections

Uganda’s director of government communications threatened to block messaging service Bitchat ahead of next week’s elections.

Jack Dorsey’s decentralised messaging app Bitchat saw a large spike in downloads from Nepal amid protests and a social media crackdown.

Block, the Jack Dorsey-led firm behind Cash App, has announced that it is winding down TBD, its ‘Web5’ initiative.

Transactions from Jack Dorsey’s Block, Cash App, and Square are reportedly being investigated by federal prosecutors over compliance lapses.