Jack Dorsey News

Cryptocurrencies are attracting a lot of attention from academic institutions as they become increasingly accepted as an alternative to conventional assets. The University of Cincinnati (UC) in Ohio, United States, has even established courses around cryptocurrency as part of its curriculum.

Web3 has been put forward as the blueprint for the latest version of the Internet but it doesn’t exist yet.

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

Web 3, Former Twitter boss Jack Dorsey has already come out with Web 5. Jack Dorsey announced a new crypto project—“Web5: The Decentralized Web Platform” on Friday on Twitter and in-person during a Web3 festival. At CoinDesk’s Consensus Festival here Austin, Texas, The Block Head or TBD – the Bitcoin-focused subsidiary of Dorsey’s Block (formerly SQ) – announced its new vision for a decentralized internet layer on Friday. The Former Twitter CEO Jack Dorsey called the new platform ‘Web5’, a combination of Web3 and Web 2.0, built on the Bitcoin blockchain.

Jack Dorsey are teaming up to take Bitcoin and financial education to the rapper’s childhood home. Dorsey announced the launch of Bitcoin Academy on Thursday. The financial education program will be free for residents living at the Marcy Houses, a public housing complex in Brooklyn. The program will be offered both in-person and online from June to September. It launches in the midst of a turbulent year for cryptocurrencies. After soaring to almost $69,000 in November, Bitcoin has been in freefall for most of this year, with the largest cryptocurrency tumbling as much as 63% from that all-time high. More than $200 billion in overall market value was erased in a single day after the collapse of TerraUSD in May. The Bitcoin Academy said it aims to “provide education,

Web5 is a combination of Web3, and Web 2.0 built on the Bitcoin blockchain, former Twitter CEO Jack Dorsey announced through Twitter.

Bitcoin (BTC) hash rate, a network security measure based on computing power for mining, achieved a new all-time high (ATH) of 231.428 ExaHash per second (EH/s) amid an ongoing bear market that witnesses BTC price plunging below the critical $25,000 mark.

Twitter and Block co-founder Jack Dorsey is back at taking shots at Web3 again as TBD, a Bitcoin (BTC)-focused subsidiary of Block, announced that it is building Web5 - a Decentralized Web Platform (DWP) that is meant to enable ‘truly’ decentralized apps and protocols.

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.______

The programme "aims to provide education, and empower the community with knowledge," says the academy website, removing some of the barriers to accessing knowledge about bitcoin and finance more generally. Lamar Wilson from Black Bitcoin Billionaire and Najah J Roberts from Crypto Blockchain Plug have been brought in as the course instructors.Jay-Z and Dorsey are funding the academy via personal grants.

Legendary New York hip-hop artist and producer, Jay-Z has joined forces with the founder of Cash App, Jack Dorsey, to launch "The Bitcoin Academy," an educational program advocating for the democratic vision that “education is power.”

Portugese soccer club Benfica will launch a fan token

A report from Jack Dorsey’s Block, Inc. (formerly Square) has concluded that bitcoin (BTC) will play an increasingly large role in the payment and remittance sectors – and that the more people’s peers own BTC, the more likely they are to invest.

NFTs are tokens linked to digital images, «collectable» items, avatars in games or property and objects in the burgeoning virtual world of the metaverse. The likes of Paris Hilton, Gwyneth Paltrow and Serena Williams have boasted about owning NFTs and many under-30s have been enticed to gamble for the chance of making a quick profit.

132-year-old Swiss asset management firm Julius Baer intends to offer exposure to cryptocurrencies and decentralized finance (DeFi) for its high net-worth clients.

Block, the pro-Bitcoin (BTC) umbrella company that hosts Cash App, Square and Afterpay, continues its growth in 2022. According to its Shareholder letter, in the first quarter of 2022, gross profits are “up 34% year over year.”

Fueled by the ongoing expansion of the Lightning Network, bitcoin (BTC) has the potential to disrupt the existing legacy payment networks the world over -- and Block, the payments company formerly known as Square,hopes to use the cryptocurrency to boost its presence across the globe. 

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Sam Bankman-Fried, the founder of crypto exchange FTX, has criticized the efficiency of Bitcoin (BTC) as a payment network, only to meet heavy backlash from the crypto community.

Recently published report suggests a major downtrend in NFT sales. This led to calls of a worrying NFT market sentiment which are gradually being quashed after big performances recently.

Bitcoin, the world’s biggest cryptocurrency, is on a tumble down 28 percent this year so far. On a daily basis, it slipped four consecutive days, to notch $33,629.45 today, as per CoinMarketCap data. Market capitalisation is at $640,109,408,868 (-2.87 percent) and volume is at $35,739,822,477 (28.59 percent).