Jack Dorsey'nin Square'i, Bitcoin Madenciliği'ne yatırım yapmayı artıracak ve önceki 'Web5' projesini kapatacak.

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Gold Finance reported that Block (SQ), the payment company of Twitter co-founder Jack Dorsey, plans to refocus on creating devices for BTC miners and self-custody wallets, with some funding coming from giving up the creation of a new decentralized internet called 'Web5' (established in June 2022) and reducing investment in music streaming application Tidal. Bu karar, Donald Trump'ın ABD başkanlık seçimini kazandığı hafta duyuruldu; o, ABD için daha dostane bir Kripto Varlık ortamı sağlama sözü verdi ve BTCMining, seçim kampanyası sırasında desteklemeyi taahhüt ettiği bir endüstri. Block Thursday, in addition to a letter to shareholders, also announced its third-quarter financial performance. According to FactSet data, the company's revenue was $5.98 billion, below the Wall Street analyst's average expectation of $6.24 billion. Subsequently, the company's stock price fell 10% at one point.

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