Square allegedly facilitated thousands of transactions with countries subject to US sanctions Cash App allegedly did not collect enough information from customers to assess related risks Block ...
A former Block employee claims the company's compliance practices allowed thousands of questionable transactions to go unreported. Whistleblowers provided over 100 pages of Block's internal ...
Twitter co-founder Jack Dorsey said his fintech firm Block will flip 10% of its gross profit made off its Bitcoin products into buying BTC every month. “Going forward, each month we will be ...
Jack Dorsey says that his payments company, Block (formerly Square), is expanding its bitcoin mining ambitions from designing chips to developing a full bitcoin mining system. In a post Tuesday ...
Block announced stronger-than-expected first-quarter results on Thursday, as CEO Jack Dorsey hit key targets in a turnaround plan launched when he returned to helm the San Francisco-based fintech ...
Block (NASDAQ:SQ), founded by Twitter (X) creator Jack Dorsey, is being scrutinized by federal prosecutors for allegedly facilitating illicit transactions. The report was first covered by NBC.com.
Block lifted its full-year adjusted core earnings forecast on Thursday and revealed plans to add more bitcoin to its balance sheet, as the Jack Dorsey-led firm bets big on the cryptocurrency.
Cash App parent company Block announced Thursday in its first quarter earnings report it will begin putting 10% of its gross profit from bitcoin products into bitcoin purchases, furthering the ...
Block will implement a monthly strategy of purchasing Bitcoin using 10% of its profits The company held over 8,000 BTC as of late March, as per the shareholder letter The strategy was revealed a ...
Block Inc. lifted its full-year profit guidance and revealed plans to invest a portion of its profits from Bitcoin back into the assets, as Jack Dorsey’s company bets big on the currency’s future.
Payments firm Block (SQ) has begun a dollar cost averaging (DCA) program to add to its already sizable bitcoin (BTC) stack. Led by CEO Jack Dorsey, the company in April began using 10% of its ...
Benzinga - by Murtuza Merchant, Benzinga Staff Writer. Federal authorities are investigating the cryptocurrency operations of Block, the company co-founded by Jack Dorsey. What Happened: Allegations ...