Block Inc’s Cash App Records Bitcoin Impairment in Q4 2022

Like many other companies, Block invested in Bitcoin when the digital asset price was skyrocketing. Multinational technology conglomerate Block (NYSE: SQ) said the Bitcoin gross profit from its Cash A...

Block Inc’s Cash App Brings Automated Feature to Invest Paychecks in Bitcoin

With the Cash App “Paid in Bitcoin” feature, users can make systematic Bitcoin investments by allocating a percentage of their salary deposits to BTC. At the Bitcoin 2022 Conference in Maimi on Thursd...

Block Inc’s Hardware Lead Shares Proposed Wallet Prototype

The new hardware wallets from Block come as the first time the company will be making its foray into creating a usable product for the digital currency ecosystem it has backed as a corporate investor....

DeFi Technologies Inc’s Subsidiary Valour Owns over $274m in AUM

DeFi Technologies Inc announced Wednesday that its subsidiary Valour owns over $274 million in assets under management(AUM). Valour had $274,229,000 in assets under management as of March 29. Valour i...

CoinFund Joins $9M Round for Digital Infrastructure Inc’s Bid to Decentralize Vehicle Data

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set ...

Block Inc’s Jack Dorsey Announces Open Bitcoin Mining System for All

Block Inc Jack Dorsey confirmed on Thursday, January 13, that the company is building an open Bitcoin mining system that reduces the entry barrier in Bitcoin. The new open Bitcoin mining system will b...