Jack Dorsey's Block Scraps 'Web5' Project

Slashdot
By msmashNov 8, 2024, 9:11 am196 pts
Block will abandon development of its Web5 decentralized internet project and reduce investment in music streaming service Tidal to focus on bitcoin mining hardware and self-custody wallets, the payments company announced in its third-quarter letter to shareholders. The Jack Dorsey-led firm cited strong market…

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