According to Tether Investments, the company proposes merging Twenty-One Capital with Strike, Jack Mallers' global bitcoin financial services platform, and Elektron Energy, a major bitcoin mining operator, on April 30. Elektron manages approximately 50 EH/s of hashrate (about 5% of global network) a

Gate News message, April 28 — Block Inc, the fintech company led by Jack Dorsey, purchased an additional 114.89 Bitcoin, bringing its total holdings to 8,998 BTC. With this position, Block Inc now ranks 14th among the largest Bitcoin holders

Gate News message, April 28 — Block, the payments company founded by Jack Dorsey, unveiled a new Bitkey hardware wallet equipped with a security touchscreen, utilizing a 2-of-3 multisig architecture, no seed phrase requirement, and built-in inheritance planning features. The wallet is now available

Gate News message, April 23 — Jack Yi, founder of Liquid Capital, shared on X that past crypto VC and project failures were largely driven by teams wasting capital developing unnecessary Web3 products by incorrectly benchmarking against Web2. Yi argued that Web3 is fundamentally a financial

Gate News message, April 22 — Bitcoin surged above $78,000 this morning following Trump's extension of a temporary ceasefire between the US and Iran. The ceasefire, mediated by Pakistan, was extended just before the original two-week agreement was set to expire. As BTC approaches $80,000, Jack Yi,

Jack Yi, founder of Liquid Capital, emphasized the importance of capital protection during bear markets due to frequent on-chain thefts. He recommended setting stop-loss and take-profit levels, and developing contingency plans to mitigate risks before the next bull market.

Payment company Block has rehired some employees after laying off 4,000 workers. Some employees shared on LinkedIn that they received invitations to return to work. CEO Jack Dorsey previously acknowledged that the layoff decision may have been a mistake, stating the company underwent restructuring due to AI upgrades.

Payment company Block is recalling some employees after layoffs due to execution errors in the dismissal process. The company stated it laid off 4,000 employees to advance its AI transformation, but some employees have already received rehiring offers, indicating there is room for adjustment in the layoff decision. The CEO acknowledged potential misjudgment, similar layoff phenomena are increasing across the industry, talent structure reshaping is accelerating but faces uncertainties in the short term.

Visa Chief Product and Strategy Officer Jack Forestell stated that AI-powered intelligent networks represent a major opportunity for the payments industry, with AI agents expected to handle 15% to 25% of U.S. e-commerce transactions by 2030. AI will improve payment success rates, facilitate microtransactions, and advance digitalization of B2B payments, while Visa has launched the "Trusted Agent Protocol" to enhance security. Competition is intensifying, with market focus shifting toward underlying infrastructure and technical standards development.

The U.S. Congress has shown divisions in discussions regarding cryptocurrency tax policy, with the small transaction tax exemption proposal gradually applying only to stablecoins, triggering dissatisfaction among Bitcoin supporters. Industry leaders have clashed publicly over this, with the core of the debate centered on small transaction exemptions. Currently, cryptocurrencies are classified as property, and transactions require capital gains tax payments, resulting in high compliance costs.