Block Halts TBD Crypto Unit
This is a Block news story, published by CNBC, that relates primarily to Dorsey news.
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Square Crypto businessCNBC
•Jack Dorsey dramatically scales back crypto ambitions for Block
77% Informative
Block CEO Jack Dorsey tweeted in 2021 that his company was starting a crypto unit called TBD .
Square founder Dorsey changed the name of Square Inc. to Block in December of that year .
Block said Thursday that it was "winding down" TBD after a stretch of layoffs.
Dorsey didn't mention crypto or bitcoin once in a shareholder letter to shareholders.
VR Score
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