Nearly all of Afterpay’s customers repaid their installments in 2021, Block CFO Amrita Ahuja told CNBC on Thursday when questioned about the Cash App parent’s acquisition of the buy-now, p...
Tag: Block
Huobi Tech Launched Block Trading for Cryptocurrencies
Huobi Technology Holdings Limited announced it is launching over-the-counter (OTC) service for digital assets. The service is offering block trading in virtual assets for institutional investors. Q4 2...
How Block (Square) avoided death by Amazon
Block co-founder Jim McKelvey. CNBC | NBC Universal | Getty Images BARCELONA — In 2014, Amazon launched a product that sounded strikingly similar to something already on offer from Twitter co-founder ...
Crypto Exchange CEO Rejects Call To Block Russian Users, Says Bitcoin (BTC) Is Embodiment of Human Rights
While the offensive against Ukraine continues, cryptocurrency exchanges are side-stepping a call to shut down Russian users’ active accounts. Ukrainian Vice Prime Minister and Minister of Digital Tran...
Hillary Clinton Urges Biden Administration to Pressure Crypto Exchanges to Block Russian Users – Regulation Bitcoin News
Former presidential candidate Hillary Clinton has criticized the Biden administration and European governments for not pressuring cryptocurrency exchanges to end transactions with Russian users. She b...
Payment services provider Shift4 acquires The Giving Block for $54 million
According to an investor presentation published Tuesday, U.S.-based payment solutions provider Shift4 announced its acquisition of The Giving Block in cash and stock for $54 million, plus a potential ...
The U.S. Moves To Block Russia’s Crypto Access As Sanctions Intensify ⋆ ZyCrypto
Advertisement     Recent reports reveal the US government is currently in talks with some of the biggest US-based crypto companies on ways to restrict Russia’s access ...
H&R Block Signs Iowa’s Caitlin Clark, South Carolina’s Zia Cooke To NIL Deals, Eyes Pacts With Other Female College Athletes
Iowa guard Caitlin Clark (22) shoots a 3-point basket during the second half of an NCAA college … [+] basketball game against Indiana, Monday, Feb. 21, 2022, in Iowa City, Iowa. (AP Photo/Charli...
Block shares show sustained recovery following last week’s earnings report
advertisement Shares in Block, the payments company previously known as Square, have climbed more than 30% since it reported earnings last week as Wall Street investors bet the worst may be behind the...
Visa, Mastercard Block Russian Banks As Per New U.S. Sanctions
Visa and Mastercard, the world’s largest card operators, said they had blocked Russian banks from their networks under new U.S. sanction orders. The two also announced $2 million donations each in hum...
Block reports $4.42 billion in revenues in 2021
Block, formerly Square, has reported its gross profits for the last quarter of 2021. The profits reached $1.18 billion, a 47% increase from the same period last year. Block is a company founded by Jac...
Coinbase Is Latest Exchange to Deny Ukraine Request to Block Russian Crypto Users
In brief The Ukraine Minister of Digital Transformation requested that major crypto exchanges block Russian users. Exchanges have thus far declined to do so. Instead, Coinbase and others are pointing ...
Kraken CEO responds to Ukraine request to block Russian users
The CEO of Kraken, Jesse Powell, has responded to the requests by Ukraine to block Russian users from the platform. The vice prime minister of Ukraine, Mikhail Fedorov, had asked all major exchanges t...
Israeli government orders seizure of crypto wallets in bid to block Hamas funding
advertisement Israeli defense minister Beni Gantz ordered the seizure of crypto assets on Monday from accounts officials said were meant to fund Hamas. According to a statement from the National Burea...
Raytheon, Block, Tesla, Foot Locker and more
The Raytheon stand is seen at the 53rd International Paris Air Show at Le Bourget Airport near Paris, France June 21, 2019. Pascal Rossignol | Reuters Check out the companies making headlines in midda...
Block and Coinbase publish Q4 2021 results
Both Block, formerly Square, which is Jack Dorsey’s payments giant, and the popular crypto-exchange Coinbase, have published positive results for their last quarter of 2021 aka Q4. Both companies reve...
How to Buy Lucky Block NFTs and win a Lambo
The Lucky Block NFT collection is being minted in March 2022, and to celebrate the launch the team are giving away a Lambo to one NFT buyer. All buyers of Lucky Block NFTs will be entered into a prize...
Ukraine’s President Appeals To Crypto Exchanges To Block Russian Accounts
The government of Ukraine has continued to solicit that heavier sanctions should be imposed on Russia. Mykhailo Fedorov, Ukraine’s Minister for Digital Transformation, has called on crypto exchanges t...
Ukraine Vice Prime Minister Requests Crypto Exchanges to Block Russian Addresses
Ukrainian Vice Prime Minister Mykhailo Fedorov has asked crypto exchanges to block the addresses of Russian users. Several big tech firms have already taken steps against Russian state media, and perh...
Jack Dorsey’s Block Announced 47% Increase in Gross Profit in Q4 2021
Jack Dorsey’s fintech startup Block (formerly known as Square) disclosed its gross profit for Q4 2021 stood at $1.18 billion, which is an increase of 47% year over year. In addition, the company’s sel...
Block price rises as crypto quarterly earnings soar for Dorsey’s firm
Crypto earnings for Block have skyrocketed as share price jumps 42% It currently trades at around $118 per share before cooling down Earnings for the fourth quarter did not include AfterPay Jack Dor...
Foot Locker, Etsy, Block, Carvana, Dish Network and more
Etsy displayed on the Nasdaq billboard in Times Square New York. Paul Zimmerman | Nasdaq | Getty Images Check out the companies making headlines in midday trading. Etsy — Shares of the e-commerce shop...
Block nets $1.18B Q4 gross profit marking a 47% YoY increase
Crypto-friendly digital payments tech firm Block, Inc. (formerly known as Square) posted $1.18 billion worth of gross profit in Q4, representing a growth of 47% over the same period in 2020. The firm ...
Gemini joins Coinbase and Block at the Crypto Council for Innovation
The Crypto Council for Innovation, or CCI, has announced that Gemini will be joining its list of crypto-friendly firms aimed at supporting lawmakers on related regulation. In a Thursday announcement, ...
Block Stock Surges on Rosy Profit Projections for Rest of Year
(Bloomberg) — Block Inc., the digital-payments firm run by Jack Dorsey, surged more than 26% in after-hours trading after an unexpectedly positive outlook for the rest of 2022. Most Read from Bl...
Block reports $1.96 billion in bitcoin revenue via Cash App during fourth quarter of 2021
Quick Take Payments company Block, formerly known as Square, said Thursday that it made $1.96 billion in bitcoin revenue during the fourth quarter of 2021 via its Cash App, producing $46 million in gr...
Is Block About To Change Bitcoin’s Self-Custody, Hardware Wallet Game? Probably
Exciting times at the Block headquarters. In today’s world, self-custody of your coins is one of the most important things there is. And Jack Dorsey’s bitcoin-focused company knows this. That’s why Bl...
Lucky Block Pitches NFT Vision, V2 Upgrade and Ethereum Bridge
Crypto-lottery platform Lucky Block announced yesterday that it will be implementing an upgrade so that its unique sale tax system is compatible with exchanges, alongside details of a major rollout of...
Block Earnings Are Coming; Here’s What Matters
Is now the best time for a previous high-flying digital payments growth name to deliver a quarterly report? Possibly not, considering the market’s adverse reaction to such stocks this earnings season....
The Bitcoin Blocks With the Lowest Block Hash Value in History: Research
There are plenty of exciting things that happen within the Bitcoin network. All the programmed, pre-defined algorithms make it much like a living organism that adjusts and evolves based on current con...
2 ‘Sleeping Bitcoin’ Block Rewards From 2010 Wake up After Sitting Idle for More Than a Decade – Bitcoin News
During the last week bitcoin’s USD value has shed close to 9% as it slipped from $44,239 per unit two days ago, to below the $40K range on Friday. Meanwhile, in the last 24 hours, two sleeping bitcoin...