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The Latest Breaking News from Block

Strike expands Bitcoin payments to 65 countries, moves global headquarters to El Salvador

The Jack-Mallers led Lightning app says it can now support nearly 3 billion people globally.

Fortune

Channel Seven builds Dream Home to rival The Block

Seven has confirmed a new renovation show, Dream House. But the creator of Nine's show, The Block, isn't afraid of the potential competition.

The New Daily

Judge nixes Block shareholder suit over online music deal

A Delaware judge has dismissed a shareholder lawsuit against financial technology company Block Inc. over its 2021 acquisition of majority ownership in a music streaming service partly owned by rapper Jay-Z

The Independent UK

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Cash App’s quarterly Bitcoin sales approach $2.2 billion, up 25% year over year

The increase in Bitcoin sales is a reverse from the prior quarter.

Fortune

Short-seller Hindenburg accuses corporate raider Carl Icahn of a “ponzi-like” corporate setup

Hindenburg claims Icahn’s exchange-listed investment vehicle lures small amateur investors with an excessively generous dividend funded by issuing $1.7 billion in new shares since 2019.

Fortune

Jack Dorsey is the hero that crypto needs right now

Elon Musk is a favorite of many crypto fans, but Jack Dorsey is a much better choice.

Fortune

Intel Discontinues Bitcoin-Mining Blockscale Chips, No Future Gens Announced

Intel released a bulletin that announces it is ending production of all of its known bitcoin-mining Blockscale ASICs.

Tom’s Hardware

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Block partners with African crypto exchange Yellow Card

The maker of Cash App continues to double down on its investments in payment infrastructure outside the U.S.

Fortune

Bob Lee: Police say it’s ‘too early’ to tell if Cash App founder’s fatal stabbing was a random attack

San Francisco police chief William Scott says he is ‘100 per cent confident’ brutal murder of tech executive will be solved

The Independent UK

Bob Lee: A genius tech visionary killed in a ‘horrifying act of violence’

Bob Lee’s creations helped to change the world. In touching online eulogies, friends say his work as a software developer and digital payment pioneer was only part of his brilliance. Bevan Hurley reports.

The Independent UK

Bob Lee: Shocking video appears to show onlookers ignore dying Cash App founder as he begs for help

Surveillance footage appears to show the fatally wounded tech entrepreneur seeking help in his final moments

The Independent UK

Controversy swamps The Block amid housing crisis

Controversy surrounds this season of Nine's The Block amid current housing crisis, angry neighbours, and a surprise critic.

The New Daily

Rally in Tech Stocks Leads the Overall Market Higher

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Thursday closed up +0.30%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.29%. Stock indexes Thursday posted moderate gains, led by a...

Barchart

Jack Dorsey's Hindenburg moment

The notorious short-seller has turned its sights on one of Silicon Valley's most celebrated founders.

Fortune

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Fortune

Jack Dorsey's Block is the latest company targeted by a notorious short-seller

The short-seller put out an accompanying report, alleging that Block's Cash App has inflated user counts and consorted with criminals.

Barchart

Stocks Rebound as Bank Stocks Stabilize

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +1.08%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.78%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.87%. U.S. stock indexes this morning are moderately higher as...

Fortune

Block is now using some of the thousands of Bitcoins it holds for a new business

Block is now using Bitcoins from its balance sheet to earn money by providing routing services on the Lightning network.

Fortune

Who will be PayPal’s next CEO? Here are the 7 leading contenders according to fintech experts

PayPal's retiring CEO is sticking around till December, but there's already chatter about who might be qualified to step into the role.

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news in one place.

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Fortune

Block sees higher profits despite lagging Bitcoin sales

Despite the payment provider’s negligible Bitcoin profit, cofounder and CEO Jack Dorsey remains a Bitcoin evangelist.

Fortune

Bear market barely dents crypto lobby

Spending remains near all-time highs.

Liverpool Echo

Merseyside's ex-soldiers 'saving the lives' of others across the North West

Peter McComb and Colin Eastaway have helped over 250 local veterans

Fortune

Anyone want to buy a crypto media company?

Coindesk is on the block. Their best hope for a buyer is a benevolent crypto baron.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For November 8, 2022

Upgrades

Benzinga

Block Unusual Options Activity

Someone with a lot of money to spend has taken a bearish stance on Block (NYSE:SQ). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Block, Eli Lilly And 2 Other Stocks Insiders Are Selling

The US economy added 261,000 jobs in October, while the unemployment rate increased to 3.7% during the month. Investors, meanwhile, focused on some notable insider trades.

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