Shares of Jack Dorsey-led Block Inc, a digital payments firm that has bet big on bitcoin, declined nearly 7% in premarket trading on Friday after the company reported a loss in quarterly results on waning interest in cryptocurrencies.
(Reuters) - Shares of Jack Dorsey-led Block Inc, a digital payments firm that has bet big on bitcoin, declined nearly 7% in premarket trading on Frida.
Dorsey-led Block Inc. saw share prices drop nearly 7% premarket after a disappointing earnings report, dragged down by the company's massive bet on Bitcoin as "crypto winter" sets in.
As part of a larger effort to optimise blockchain processes, Intel has announced a new chip dedicated to operations like Bitcoin mining. Here is a look at all that Intel promises with its new product.
As part of a larger effort to optimise blockchain processes, Intel has announced a new chip dedicated to operations like Bitcoin mining. Here is a look at all that Intel promises with its new product.