MacMusic  |  PcMusic  |  440 Software  |  440 Forums  |  440TV  |  Zicos
jack
Search

Jack Dorsey's Block Scraps 'Web5' Project

Friday November 8, 2024. 03:11 PM , from Slashdot
Jack Dorsey's Block Scraps 'Web5' Project
Block will abandon development of its Web5 decentralized internet project and reduce investment in music streaming service Tidal to focus on bitcoin mining hardware and self-custody wallets, the payments company announced in its third-quarter letter to shareholders. The Jack Dorsey-led firm cited strong market demand for its bitcoin mining products and Bitkey wallet as key drivers behind the strategic shift.

Read more of this story at Slashdot.
https://tech.slashdot.org/story/24/11/08/1411243/jack-dorseys-block-scraps-web5-project?utm_source=r...

Related News

News copyright owned by their original publishers | Copyright © 2004 - 2024 Zicos / 440Network
Current Date
Nov, Thu 21 - 11:49 CET