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 68 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 Crypto party on plane sparks Qatar Airways safety concerns DeFi app Delta Prime loses $6M after being warned of Lazarus mole No, a crypto CEO wasn’t arrested for smuggling 20,000 condoms LEAVE A REPLY Cancel replyLog in to leave a comment Don't Miss Jane Street Reveals Nearly $1B Bitcoin Position Julia Parr - August 18, 2026 CZ in PH: Binance Founder Says Filipinos Should Pay Less to Send Money Home Julia Parr - July 29, 2026 Bitcoin Price Shrugs Off Coldcard Hack And Clarity Act Delay Julia Parr - August 8, 2026 Cancel Microsoft 365 and Get Microsoft Office for Life for $50 Joseph Rees - September 8, 2026 Judge blocks X rival from using Twitter name, but allows ‘Tweet’ for now Joseph Rees - September 4, 2026