Square rebrands as Block following Dorsey leaving Twitter

Square

Square, Jack Dorsey’s digital payments company, is renaming itself as Block in a move towards broadening its cryptocurrency and blockchain offering.

Effective as of December 10, the name change marks a recategorisation of the apps under Square’s portfolio.

Block will incorporate Square, which remains the same credit card reader business, as well as payment platform Cash App and Jay-Z’s music streaming service Tidal.

“We built the Square brand for our...

Twitter Crypto formed to explore decentralisation on Dorsey’s platform

Twitter Crypto

Twitter Crypto is the name of the social networking giant’s new dedicated team being formed to work with crypto, decentralised apps (Dapps), NFTs, and other ledger technologies.

The latest push by CEO Jack Dorsey to bring digital assets into the mainstream, Twitter has hired Tess Rinearson to lead the team. An experienced software and crypto engineer, Rinearson has worked for Tendermint, Chain.com, and the Interchain...

Twitter working on ‘Collectible’ tab for users to showcase their NFTs

Twitter App

Twitter is working on a ‘Collectible’ tab that will allow users to show off their non-fungible token (NFT) collections.

The tab will connect to Twitter users’ crypto wallets on platforms such as Coinbase and MetaMask, hosting a gallery of all owned NFTs on their Twitter profile.

Users will even be able to set an NFT as their profile picture that is verified by a small badge, confirming the token’s legitimacy. An early concept video of the proposed tab was first...