Block Archives

Craig Wright, the litigious Australian branded an ‘accomplished liar’ by a UK judge for claiming to be Bitcoin’s inventor, is suing Block

Leonard Bernardone - November 6, 2024 2 MIN READ

Australian computer scientist and debunked Bitcoin ‘inventor’ Craig Wright has been accused of contempt of court after filing a $1.79 billion lawsuit against payments firm Block. Despite a storied early career in Australia’s IT industry, Wright is most known for his unwavering and controversial claim of having invented leading cryptocurrency Bitcoin under the pseudonym Satoshi Nakamoto. The… Read more »

ASX

Shares in Afterpay’s parent company are getting slaughtered after a short seller accused Block of ‘facilitating criminal activity’

Simon Thomsen - March 24, 2023 3 MIN READ

Shares in dual-listed Block (ASX:SQ2) fell more than 18% on the ASX on Friday after a US short seller, Hindenburg Research, published a lengthy report accusing the parent company of local fintech Afterpay of inflating its user metrics and fraud facilitation after it used Block’s Cash App to order a cash card under the name… Read more »

ASX

BLOCK PARTY: Shares in the Afterpay-Square merger co. jump 32% on earnings beat

Simon Thomsen - February 25, 2022 2 MIN READ

Shares in Block, the ASX-listed company formed out the A$39 million merger of Afterpay with Jack Dorsey’s payments platform Square, surged up to 40% in Friday trade after the US parent company released a Q4 trading update that beat expectations. Block (ASX:SQ2) shares hit $165 during Friday trade, having closed at $116.05 on Thursday. The… Read more »

Craig Wright, the litigious Australian branded an ‘accomplished liar’ by a UK judge for claiming to be Bitcoin’s inventor, is suing Block

Shares in Afterpay’s parent company are getting slaughtered after a short seller accused Block of ‘facilitating criminal activity’

BLOCK PARTY: Shares in the Afterpay-Square merger co. jump 32% on earnings beat

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