Home Coinbase Jack Dorsey and Block abandon Web5 to mine bitcoin Coinbase Jack Dorsey and Block abandon Web5 to mine bitcoin By Felicity Short - August 12, 2026 7 0 FacebookTwitterPinterestWhatsAppCopy URL Block, the Jack Dorsey-led firm behind Cash App, has announced that it is winding down TBD, its ‘Web5’ initiative. Source link RELATED ARTICLESMORE FROM AUTHOR FTX sues Binance and CZ for ‘fraudulent tweets’ and $1.8B clawback DeFi project Delta Prime hacked again — months after private key leak CHART: Bitcoin could have turned your $1,200 stimulus check into $14,000 LEAVE A REPLY Cancel replyLog in to leave a comment Don't Miss Across Protocol accused of looting DAO treasury of $23M Felicity Short - July 3, 2026 Most EMEA Executives Don’t Fully Understand Their AI Dependencies Joseph Rees - June 17, 2026 SimpleHelp Flaw Exploited to Deploy Malware Targeting Windows, macOS, and Linux Joseph Rees - June 30, 2026 Finalized no. 32 | Ethereum Foundation Blog Richard Davies - July 13, 2026 Scammers using AI tools to steal crypto via deepfakes and wallet drainers Felicity Short - June 27, 2026