ARK Invest has made a substantial investment of $19.9 million in Block Inc. It expanded its stake in the company just hours after investing $21 million in Coinbase stock. Despite recent regulatory actions against significant crypto industry players, such as Binance and Coinbase,...
In the wake of a damning report by short-selling firm Hindenburg Research, Jack Dorsey’s Block Inc. (SQ) faced its worst week in over three years. NEW FROM US: Block—How Inflated User Metrics and “Frictionless” Fraud Facilitation Enabled Insiders To Cash Out Over $1...