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Jack Dorsey reveals bitcoin mining plan

Block founder and CEO Jack Dorsey said on Thursday that his fintech firm is building an open bitcoin mining system, as it looks to expand beyond its payment business and into new technologies like blockchain. “We’re officially building an open bitcoin mining system,” he tweeted. In a tweet thread, Block’s …

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Jack Dorsey names US dollar replacement

Dorsey shared his views on the future of the virtual currency via an exchange on Twitter with Grammy Award-winning rapper Cardi B. After she asked whether crypto would replace the greenback, Dorsey replied: “Yes, Bitcoin will.” The tweet prompted a massive reaction on the social media platform, with Dogecoin co-founder …

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Jack Dorsey steps down as Twitter CEO

In a statement on his exit from Twitter, Dorsey listed a variety of reasons he was leaving, primarily saying he does not want to limit the company’s potential by having it be “founder-led.” He also expressed support for Agrawal and said he would continue to serve on the board until …

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Twitter’s Jack Dorsey to step down, report claims

Twitter has not directly responded to the news, which was first reported by CNBC’s David Faber and based on sources with knowledge of the situation. Twitter’s stock bounced up by over 10% once the news broke, an indicator of Dorsey’s increasingly controversial standing with the public. He has been attacked …

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Twitter’s Dorsey warns of surging inflation after his platform ‘mistakenly’ censors GOP lawmaker’s video about . . . inflation

“Hyperinflation is going to change everything,” Dorsey said on Friday night. “It’s happening.” When Nigerian businessman Tayo Oviosu – who like Dorsey is a cryptocurrency enthusiast — noted that inflation is already soaring at a 16% annual rate in his country, the Twitter co-founder replied, “It will happen in the …

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