Bitcoin24h $83,935.47-3.51%

Ethereum24h $1,874.66-6.62%

XRP24h $2.18-6.87%

BNB24h $623.80-2.12%

Solana24h $129.84-6.00%

Dogecoin24h $0.1800-6.05%

Cardano24h $0.6973-5.20%

TRON24h $0.2319-0.50%

Toncoin24h $3.88-1.64%

Chainlink24h $14.12-8.85%

Jack Dorsey and Block abandon Web5 to mine bitcoin

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

Block whistleblower says firm ignored compliance, allowed terror groups

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

Elon Musk is using corporate funds from Twitter, the company he acquired from Jack Dorsey, to sue Dorsey’s crypto company, Block.

Twitter founder Jack Dorsey is a notorious Bitcoin bull. The new chief exec seems ‘crypto’ friendly — his wife is an a16z general partner.