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Block Inc’s Bitcoin revenue stagnates in Q3, shares drop 12% on revenue miss

[yesterday 1:21 AM] Block missed its revenue estimates for Q3 and said it is “winding down” its DeFi business to shift money into its Bitcoin mining and wallet businesses.

ARK Invest sells $31M in shares of Jack Dorsey’s Block

[Oct 29 9:01 AM] Jack Dorsey’s Bitcoin-friendly financial services firm Block saw its stock rally 13% in October, in line with bullish market action.

7 Indicted in $300,000 Queens Bitcoin Theft, Say Prosecutors

[Aug 14 11:20 AM] Seven individuals have been indicted for stealing over $300,000 in bitcoin from a Queens resident. The charges against them include grand larceny, money laundering, and identity theft, stemming from a lengthy investigation into a cryptocurrency…

Queens Bitcoin Heist: Seven Charged With Grand Larceny and Money Laundering

[Aug 11 3:30 AM] Seven individuals have reportedly been indicted on charges of grand larceny, money laundering, and identity theft for stealing $300,000 in bitcoin from a Queens auto body shop owner. The victim’s 5.75 BTC, originally valued at $92,000, was…

Jack Dorsey’s Block to use 10% of Bitcoin profit to buy BTC every month

[May 2 5:52 PM] Block, Inc. co-founder Jack Dorsey told shareholders its Bitcoin-buying plan, saying its an “investment in a future where economic empowerment is the norm.”

Block shares see after-hours bump as Q1 results top estimates

[May 2 3:33 PM] Block’s first-quarter 2024 results beat Wall Street analyst estimates on earnings and revenue which saw its share price surge after the bell.

US probes Jack Dorsey’s Block, Inc. over financial transactions: Report

[May 1 8:42 PM] U.S. prosecutors are reportedly investigating the fintech firm after a whistleblower claimed it processed thousands of transactions for users from sanctioned countries and terrorist groups.

Block Unveils Bitcoin Conversion Feature for Square Merchants 

[Apr 24 7:35 PM] On Wednesday, Block, the financial services firm, disclosed that merchants using Square can convert their daily sales into bitcoin through the Cash App. Block’s founder, Jack Dorsey, revealed this update on X, and as of today, merchants have…

Block Enables Millions of Square Sellers to Convert Sales to Bitcoin With Cash App

[Apr 24 8:00 AM] Block, a global technology company focusing on financial services, has announced the launch of Bitcoin Conversions, a feature that allows millions of Square sellers to convert a percentage of their daily sales to Bitcoin using Cash App, according…

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

[Apr 24 8:00 AM] Bitcoin Conversions will charge a flat 1% fee to automatically convert a portion of merchant revenues into BTC.

Cash App Releases Its First Ever Bitcoin Focused Magazine

[Dec 8, 2023 11:14 AM] In an era desperate for financial literacy, Cash App has taken a “kneaded” step with the launch of "BREAD," a free zine that fuses financial education with culture. The inaugural issue, aptly titled the "Bitcoin Issue," promises to demystify the…

Wallet of Satoshi vanishes from Apple and Google’s US app stores

[Nov 24, 2023 12:16 AM] Apple is facing the wrath of crypto users yet again as a popular Bitcoin Lightning wallet disappeared from its U.S.-facing App Store.

Apple sued for blocking crypto tech for P2P payments

[Nov 20, 2023 10:47 PM] Apple faces a class action over alleged anti-competitive conduct in the iOS peer-to-peer payments market.

How to buy Bitcoin with Cash app

[Aug 21, 2023 2:26 AM] A step-by-step guide to buying Bitcoin on Cash App, including guidance on fees, the auto invest feature and security tips to empower your cryptocurrency investment journey.

Jack Dorsey-Backed Bitcoin Wallet Bitkey To Integrate With Coinbase and Cash App

[Jun 15, 2023 12:29 PM] Public beta testing will begin in a few weeks according to parent company Block.

Cash App, Lighting Labs, Lightspark Executives Discuss Bringing Bitcoin Payments To The World

[May 18, 2023 10:13 AM] In a panel discussion at the Bitcoin 2023 conference moderated by CNBC technology reporter MacKenzie Sigalos, leaders from some of the biggest businesses building services based on the Lightning Network discussed the opportunities and challenges…

Cash App Bitcoin revenue tops $2 billion in the first quarter

[May 4, 2023 10:30 PM] Block’s Q1 earnings report reveals a 25% year-on-year increase in Bitcoin revenue from the fintech firm’s flagship product Cash App.

Block’s Q1 Bitcoin Revenue Rises 18% From Q4, Gains 25% From a Year Ago

[May 4, 2023 2:56 PM] For the full year, Block’s bitcoin revenue declined 29% from 2021 due to the fall in the price of bitcoin, the company said.

San Francisco authorities make arrest in stabbing of Cash App creator Bob Lee

[Apr 13, 2023 2:21 PM] Police chief Bill Scott said there was evidence that the suspect and Bob Lee knew each other but did not comment on the possible motive of the attack.

Cash App creator dies following stabbing in San Francisco

[Apr 4, 2023 11:51 PM] Bob Lee, the creator of Cash App and the former technology chief at Square, has died after an unknown attacker stabbed him.

Block’s Q4 Bitcoin revenue down 7% on crypto price decline

[Feb 23, 2023 7:40 PM] Block Inc. outperformed analyst expectations and saw its share price jump in after-hours trading, but its Bitcoin revenue dipped due to price declines.