Tag Archives: Jack Dorsey

Aside from his involvement with OCEAN, Dorsey has supported many other blockchain projects with strong potential to benefit the crypto space. Wyoming-based software development company Mummolin has raised $6.2 million in an investment round led by Jack Dorsey, an American internet entrepreneur and billionaire CEO of the financial services company Block, for the launch of its decentralized Bitcoin (BTC) mining pool, OCEAN. In a press release published on November 28, the company said it had...

The ranking provides a measure of the credibility and perceived influence of these personalities in the eyes of the crypto community. CoinLedger’s recent compilation of the ten most popular crypto entrepreneurs of 2023 showcases a mix of highly influential and controversial figures, with Binance CEO Changpeng ‘CZ’ Zhao securing the top spot. Binance CEO Changpeng ‘CZ’ Zhao: Leading the Charge The list, based on social media followings, provides a glimpse into the diverse personalities...

The crypto space is constantly evolving, with new ideas and projects emerging now and then. The steady growth is attracting more people and, in turn, giving top names in the industry more influence. Crypto tax software firm CoinLedger has compiled a list of the most popular personalities in the digital asset industry using their respective social media followings as a yardstick. The names were obtained from a list of the 30 most influential people in the crypto sector in...

Shares for Jack Dorsey’s fintech giant Block (SQ) surged by 12% to $49.19 on Friday after the company published bullish third-quarter earnings figures a day prior. That includes increased Bitcoin revenue at the company’s payment subsidiary, Cash App, which reeled in 37% more income than during the same period last year. Block is Back Per the Thursday report, Block’s total net revenue rose by 24% year over year to $5.62 billion. When excluding “Bitcoin revenue”, this figure...

Bitcoin provider Azteco recently garnered as much as $6 million through a new funding round led by Jack Dorsey, the man behind both Block and (formerly) Twitter. The money will go towards introducing bitcoin gift cards to ensure everyone has crypto’s spending power at their fingers. Azteco Gets a Lot of Money In an interview, Dorsey said: My contribution to Azteco comes out of a deep respect for their mission. The unbanked population is immense. We have the...

Brian Armstrong – the CEO of Coinbase – and Jack Dorsey, who now runs Block Inc. and is the former head of social media giant Twitter, are teaming up in the name of bitcoin and the Lightning Network. Jack Dorsey and Coinbase: The Perfect Match? The Lightning Network was initially created to aid bitcoin with its unending array of transactions. Traffic has become so common and heavy atop the BTC ledger that things have really slowed down in recent years, and fees...

Although Bluesky crossed one million downloads a few months ago, not all users who downloaded the app had accounts as access is restricted. Social networking service Bluesky has now hit a million users. The app, which originally spun out of Twitter (now known as X), officially hit this milestone, according to a recent post. A strategy and operations personnel at Bluesky, Rose Wang made a post on X announcing the news. According to an image posted by Wang, Bluesky has 1,000,055 users....

Jack Dorsey – a bitcoin supporter and the former CEO of Twitter – is taking issue with the fact that Apple Pay doesn’t offer support for bitcoin payments. Jack Dorsey and Apple Spar on Twitter Not long ago, Dorsey took to Twitter and sent a message directly to Tim Cook, the head of the phone and computer company. He asked why Apple doesn’t provide support for the world’s leading digital currency, though Cook hasn’t responded to his question at the time of...

The payment technology firm Block (formerly known as Square) revealed that its bitcoin revenue for the second quarter was approximately 34% more than the figure reported in Q2, 2022.  The company, spearheaded by Twitter’s former CEO Jack Dorsey, is a main player on the crypto scene, owning over 8,000 BTC.  Q2’s Solid Numbers Block revealed that its mobile application that enables monetary transfers – Cash App – generated a bitcoin revenue of $2.39 billion in Q2, 2023. The sum...

CoinspeakerCoinbase to Explore Adding Bitcoin Lightning Network for Global Crypto Payments While Coinbase is still planning to leverage the Bitcoin Lightning Network, the company's rival Binance already completed the integration of the L2 network last month. Coinbase to Explore Adding Bitcoin Lightning Network for Global Crypto Payments