When the mysterious Satoshi Nakamoto first released Bitcoin to the public, his goal was to remove the power governments and banks had over people’s money, and put the power back into the hands of the user. Since then, Bitcoin has taken on a life of its own, showing far more potential than even Nakamoto initially…
Since hinting at his undying support for the crypto space in late-2017 and early-2018, Jack Dorsey has become somewhat of a mythical figure for Bitcoin holders the world over. But after going radio silent on the matter of Bitcoin (BTC) for a handful of months, the chief executive of both Twitter and Square has recently…
It has been nearly one year since San Fransisco-based payment processing company, Square, rolled out peer-to-peer Bitcoin trading within their popular Cash App, allowing customers to buy, hold, and sell the cryptocurrency without incurring any fees. The company’s decision was lauded by the company’s investors and the cryptocurrency community alike, with Square’s stock surging 16%…
Jack Dorsey, the chief executive of both Twitter and Square, two of Silicon Valley’s darlings, has recently become a fan of Bitcoin. He overtly pledged his allegiance to the cryptocurrency in early-2018, when his fintech-centric company, Square, launched Bitcoin capabilities on its so-called “Cash App.” In interviews, Dorsey chalked up this sudden shift in business…
Yesterday, the CEO of Twitter and Square Inc., and staunch Bitcoin and crypto supporter, Jack Dorsey, had his personal Twitter account hacked by the way of a SIM-swap attack and SMS-based backdoor. The hack demonstrates that even the CEO can have his own company’s highly-valuable personal account compromised, and is a painful reminder that if…
Jack Dorsey has said “hell no” to the thought of Twitter joining the Libra Association. He also said that he didn’t understand why the project needed its only crypto asset-like currency to deliver on its stated goals. Dorsey said he much preferred decentralised crypto assets. He added that he thought Bitcoin was well on its…
Bitcoin price up 3.6 percent, finding support from breakout levels Jack Dorsey is accumulating BTC, buys $10k worth every week Current transaction levels low but up from early Feb 2019 High net-worth individuals, it seems, are ramping up at current spot levels. Down 75 percent from 2017 highs, Bitcoin is available at a discount. As…
The recently-created Square Crypto – the digital currency division of financial services firm Square – has just announced that it is poised to make its first hire. However, despite the seeming inclusiveness of the name Square Crypto, the project seems very much focused on the original decentralised digital asset, Bitcoin. There is a growing body…
Twitter has been on the losing side of an ongoing battle with scammers who are leveraging the platform’s user base to steal cryptocurrencies. However, the company has revealed that it’s implemented some safeguards in an attempt to reduce the frequency of such scams and better protect its users. Twitter Issues Statement, Implements Scam Countermeasures Twitter,…
Yesterday, it was revealed that an activist hedge fund has intentions to remove Twitter’s CEO, Jack Dorsey. Crypto, interestingly enough, could be negatively affected by this move.Hedge Fund Seeks To Oust Twitter CEO, Jack DorseyWhile Jack Dorsey has made his love for Bitcoin and crypto a big part of his personal brand over the past…