Block | ForkLog

ForkLog 22 28.04.2026

Strategy Acquires 3,273 BTC for $255 Million

Between April 20 and 26, Strategy acquired 3,273 BTC at a cost of $255 million, with an average purchase price of $77,906 per coin.

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ForkLog 198 01.04.2026

Oracle to Lay Off Thousands Amid AI Investments

Oracle has begun laying off thousands of employees amid a decline in stock prices and significant capital expenditures on AI infrastructure development.

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ForkLog 181 19.03.2026

Crypto.com and Algorand Initiate Layoffs Amid AI Integration and Market Decline

Algorand Foundation announced a 25% workforce reduction due to "uncertain macroeconomic environment and crypto market downturn."

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ForkLog 380 27.02.2026

Block Shares Surge 20% Following Major Layoffs for AI Transition

Jack Dorsey, CEO of Block, announced the layoff of nearly 4,000 employees. The decision is part of the company's shift to an AI structure.

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ForkLog 201 09.02.2026

Block to Cut Workforce as Tether Expands Globally

Fintech company Block, led by Jack Dorsey (Cash App, Square, Afterpay), is preparing to cut up to 10% of its workforce as part of a major restructuring.

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MIT Study Suggests AI Could Replace 11.7% of US Workforce

ForkLog 238 10.12.2025

US Tech Giants Form Alliance to Standardize AI Agents Amid China’s Expansion

The Linux Foundation has established a new organization — the Agentic AI Foundation (AAIF). Its aim is to prevent the fragmentation of the AI agent sector.

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ForkLog 336 09.10.2025

Square Introduces Commission-Free Bitcoin Payments for Businesses

Financial technology service Square, a part of Block, has launched an integrated solution for payments in the leading cryptocurrency.

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ForkLog 80 24.07.2025

Jack Dorsey’s Block Joins S&P 500 and Announces Bitcoin Payments

Jack Dorsey’s company Block has launched a pilot project for real-time cryptocurrency payments within the Square app. This was announced by the firm’s executive director, Owen Jennings. boom. today we’re onboarding our first few @Square sellers for the new native bitcoin acceptance experience this is the way! — OBJ (@owenbjennings) July 22, 2025 “Today we’re […]

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ForkLog 91 28.05.2025

Jack Dorsey’s Block to Introduce Bitcoin Payments via Square

Jack Dorsey’s company Block plans to launch bitcoin payments in the Square app by 2026. Merchants will have the option to hold the digital currency or convert it to fiat in real-time. spend your bitcoin at @Square terminals. merchant can choose to hold the bitcoin, or auto-convert it to fiat in real-time. try it at […]

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ForkLog 18 11.04.2025

Block Fined $40 Million by NYDFS

Block, a company founded by Twitter’s Jack Dorsey, has agreed to pay $40 million to the New York State Department of Financial Services (NYDFS). An investigation revealed “critical gaps” in the company’s anti-money laundering (AML) system, according to an NYDFS press release. The company failed to implement adequate controls to prevent financial crimes and did […]

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ForkLog 57 27.02.2025

Bitkey Wallet Introduces Bitcoin Inheritance Feature

Jack Dorsey’s company, Block, has introduced a cryptocurrency inheritance feature in the Bitkey hardware wallet. Planning for the future of your bitcoin? Pass it on with Bitkey’s new inheritance feature. It’s built directly into the Bitkey wallet to make transferring your bitcoin to loved ones simple and secure. — Simple setup, no bitcoin experience required— […]

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ForkLog 34 26.02.2025

Jack Dorsey’s Block to Contest NYDFS Allegations on AML Programs

Jack Dorsey’s payment company Block is in discussions with the NYDFS, including addressing concerns related to the Bank Secrecy Act and anti-money laundering (AML) programs. This was stated in a statement dated February 24. According to the document, in January, the regulator proposed settlement terms, and the details are currently under discussion. The exact settlement […]

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