Yunfeng Financial Group, the Hong Kong-listed financial services firm tied to Jack Ma, has purchased 10,000 Ethereum (ETH) worth about $44 million …
Jack
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Mining
Jack Dorsey’s Block Reveals Modular Bitcoin Mining Rigs That Can Be Upgraded
by shayaanby shayaanJack Dorsey’s fintech Block has released its latest Bitcoin product: a long-lasting mining rig with swappable parts, which will enable miners to …
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Mining
Jack Dorsey’s Block unveils Bitcoin mining system Proto Rig and Proto Fleet software
by shayaanby shayaanKey Takeaways Block positions its Proto Rig as a durable, repairable, and upgradeable alternative to today’s “disposable” mining machines. Proto Fleet will …
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Key Takeaways Block’s Proto Mining will launch new Bitcoin mining chips next week to democratize mining. Block’s Cash App platform shows strong …
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Scams
Jack Dorsey’s Block Adds 108 Bitcoin in Q2, Posts Higher Revenue and Profit
by shayaanby shayaanIn brief Block purchased 108 BTC during Q2 with a cost basis of $11 million. Its total bitcoin investment is now valued …
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Mining
UK-based Union Jack Oil turns to Bitcoin mining amid rising network difficulty
by shayaanby shayaanUnion Jack Oil (UJO), a UK-listed oil and gas firm, is exploring a new path to monetize its gas resources by turning …
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Union Jack Oil plc has announced bold plans to leverage its gas reserves for Bitcoin mining. In partnership with Reabold Resources and …
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Block Inc. (NYSE: XYZ), an American tech company founded by Jack Dorsey and best known for the creation of Cash App, will …
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It’s hard to believe Jack Mallers is still only 31. The Bitcoin star has already founded several companies (including Strike and Zap) …
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Finance
Jack Ma’s Ant International Seeks Stablecoin Licenses in Hong Kong, Singapore: Bloomberg
by shayaanby shayaanThe international unit of Alipay owner Ant Group plans to seek stablecoin licenses in Hong Kong and Singapore, Bloomberg reported on Thursday. …