Jack Dorsey has chosen to halt support for the Bitcoin-friendly Cash App in the UK after six years of existence. Cash App, a consumer payments platform that facilitates funds transfers via mobile app, will leave the UK market on September 15. The decision is a result of the difficulties Cash
According to a letter sent to shareholders on Thursday, Block reported a 16% rise year-over-year in Bitcoin gross profit to $50 million in the first quarter of 2023 due to an increase in Bitcoin sales to clients. Block said that it had received $2.16 billion in Bitcoin sales income, an
The victim of a deadly stabbing in downtown San Francisco has been named Bob Lee, founder of Cash App and former chief technology officer of Jack Dorsey’s Block. The SFPD homicide is now looking into the case. Lee, 43, was reportedly discovered stabbed to death on Tuesday morning in the
From the saddles of CEO of Twitter, Jack Dorsey, yet comes again another profounding news upon his other firm Square Inc. Jack Dorsey who is also the CEO of Square Inc, puts forth the company’s future plans and its incorporation of Afterpay for a whooping $28 billion. Square Inc moves
