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 74 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 reply Please enter your comment! Please enter your name here You have entered an incorrect email address! Please enter your email address here Save my name, email, and website in this browser for the next time I comment. - Advertisement -Don't Miss Polymarket faces backlash over ‘sick’ California wildfire markets Felicity Short - July 30, 2026 Goldman, Citi, UBS Join 21-Firm Push for Dollar Stablecoin by 2027 – Bitcoin News Julia Parr - September 1, 2026 Bitcoin’s Correction May Be Ending as 8 of 12 Signals Fire Julia Parr - August 19, 2026 Coinfest Asia 2026 Recap: Indonesia’s $28 Billion Onchain Vision, Stablecoins, and the AI Shift Julia Parr - August 31, 2026 Strategy CEO Phong Le Defends Bitcoin Sale Julia Parr - September 2, 2026