Jack Dorsey

Twitter Stock Jumps 20% Following Reports the Company Is Weighing the Possibility of Adding BTC

<div class=”featured_image_container”> </div> <strong>Buoyed by reports that Twitter has been studying the possibility of adding bitcoin to its balance sheet, the company’s stock surged to a new 52-week high of $73.18 on Feb. 12. Before the surge, the stock had been trading at just under $60 on Feb. 9. At the time of writing, Twitter’s …

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Why Jay-Z’s Bitcoin Trust Matters

Hip-hop mogul Sean Carter and Jack Dorsey are putting 500 BTC in a blind trust. This episode is sponsored by Nexo.io. Download this episode On today’s episode, NLW breaks down: The Miami Commissioners vote to start educating people about bitcoin and crypto The Nigerian Senate debate following the Central Bank of Nigeria’s recent crypto ban …

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Crypto Patent Alliance Questions Craig Wright’s White Paper Copyright Claim

<div class=”featured_image_container”> </div> <strong>Back in January, the notorious Craig Wright who claims to be Satoshi Nakamoto had his lawyers send letters to a number of websites like bitcoin.org telling them to remove the Bitcoin white paper hosted on their web portals. On January 31, bitcoin.org’s owner Cobra claimed he was threatened by a Bitcoinsv supporter …

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Jack Dorsey cites Bitcoin as a better model for the internet in Trump ban explanation

Twitter CEO Jack Dorsey cited his passion for Bitcoin and decentralization in a 13-Tweet thread today explaining why the company banned U.S. President Donald Trump from the platform last week. Although claiming this was the “right decision for Twitter,” Dorsey admits it sets a dangerous precedent. Having to take these actions fragment the public conversation. …

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‘Was This Correct?’ Twitter’s Dorsey Asks About Banning Trump and Then Says ‘Yes’

Twitter CEO Jack Dorsey took to (where else?) Twitter to ask the question “Was this correct?” regarding his company’s decision to ban U.S. President Donald Trump from the platform following last week’s attack on the Capitol. After that opening expression of doubt, he proceeded to answer that yes, it was. UPDATE (Jan. 14, 02:00 UTC): …

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Square’s Jack Dorsey Hits Out at FinCEN’s ‘Burdensome’ Proposed Crypto Wallet Rules

Jack Dorsey, CEO of payments company Square, has joined the ranks of those criticizing the Financial Crimes Enforcement Network’s (FinCEN) proposed regulations around collecting data on crypto wallet users. In a Jan. 4 letter addressed to FinCEN, Dorsey said, if the rules are approved, cryptocurrency customers maybe pushed to use unregulated services outside of the …

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Jack Dorsey warns that FinCEN regulations will drive crypto users offshore

Major U.S crypto firms are rallying against FinCEN’s proposed regulations that would force businesses operating with crypto to gather information on the identities of non-customer counterparties. A Jan. 4 letter from Jack Dorsey, CEO of financial services firm Square takes aim at the proposal for seeking to impose reporting obligations that go “far beyond what …

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Coinbase Says It Brokered Microstrategy’s Influential $425 Million Bitcoin Buy

<div class=”featured_image_container”> </div> <div class=”td-a-rec td-a-rec-id-content_top “><a data-bid=”1″ href=”https://news.bitcoin.com/linkout/424769″ rel=”nofollow noopener noreferrer” target=”_blank”><img loading=”lazy” src=”http://scoreit.online/wp-content/uploads/2020/12/728-by-90-2x-1-1.png” alt width=”728″ height=”90″></a></div><strong>U.S. crypto exchange Coinbase said Tuesday that it brokered Microstrategy’s $425 million bitcoin purchase earlier this year. Until now, it has not been clear who facilitated the deal.</strong> Microstrategy’s first bitcoin (BTC) haul of $250 million bought in …

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Congress wants Facebook and Twitter to change. It can’t agree how.

Pool via Getty Images Mark Zuckerberg and Jack Dorsey once again spent hours answering questions from senators who want the CEOs to make fundamental changes to how their platforms are run. The hearing, which marked Dorsey and Zuckerberg’s second multi-hour Congressional appearance in less than three weeks, was supposed to be about “Censorship, Suppression, and …

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$10 Billion in BTC Reserves: Companies With Bitcoin Treasuries Command Close to 4% of the Supply

<div class=”featured_image_container”> </div> <div class=”td-a-rec td-a-rec-id-content_top “><a data-bid=”1″ href=”https://news.bitcoin.com/linkout/387399″ rel=”nofollow noopener noreferrer” target=”_blank”><img loading=”lazy” src=”http://scoreit.online/wp-content/uploads/2020/10/wb_728x180-28.jpg” alt width=”728″ height=”180″></a></div><strong>The web portal bitcointreasuries.org now shows close to two dozen firms with a large number of bitcoin reserves. Currently, the aggregate total bitcoin held in reserves by the 23 companies listed is roughly 785,999 <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BTC” target=”_blank” …

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