In a statement Block Inc reported a first-quarter operating profit that has topped analysts’ estimates. With the news reaching the market, Block’s shares rose by 10% in extended trading. Block also reported a lower-than-anticipated adjusted profit after demand for bitcoin weakened… Read More ›
In a statement Intel Corp said it has launched a new chip specifically designed for blockchain applications such as Bitcoin mining and minting NFTs to cash in on the rising usage of cryptocurrencies. Intel’s new chip is slated to ship… Read More ›
Payments company Square Inc, led by former Twitter CEO Jack Dorsey has changed its name to Block Inc, underscoring that it looks to expand beyond its payment business into new technologies including blockchain. While the name “Square” had become synonymous… Read More ›
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