Twitter and Square CEO Jack Dorsey Says ‘Hyperinflation' Will Happen Soon in the U.S. and the World

As Jack Dorsey read out his opening statement to a hostile panel of US politicians examining Twitter’s role in spreading misinformation, eagle-eyed viewers noticed a strange object over the executive’s right shoulder. Strategically placed within the frame of the video call delivered straight from Dorsey’s kitchen was a...

Twitter is a platform most known for allowing its users to freely express themselves in 280 characters or less. The site was founded in 2006, with Jack Dorsey, 45, acting as one of the CEOs until he was forced out of the role in 2008. He returned as CEO seven years later in 2015. Recently, however, Dorsey has stepped down after being the CEO of the site for a total of eight years.

Venture capitalist Marc Andreessen reignited a spat with Twitter founder Jack Dorsey over Web3. Andreessen retweeted Dorsey and said he planned to rename the World Economic Forum, "Wef3." Dorsey previously lamented that control of Web3 will be concentrated among a few VC firms like Andreessen Horowitz. Sign up here for...

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week. Bloomberg has estimated...

Jack Dorsey, no longer bound by the constraints of his role at Twitter, is all-in on crypto. Dorsey’s latest project: building an “open bitcoin mining system” with his team at the recently-rebranded Block. Dorsey announced the new project on Twitter Thursday afternoon. While his tweet about the...

Block CEO Jack Dorsey sees a big problem in crypto and he’s building an open-source solution to fix it. In this case, the problem is bitcoin mining. Specifically, that it is so difficult and expensive that in large part only well-funded mining pools can do it. Case in point:...

The inflation juggernaut doesn’t look like it’s going away anytime soon. A total of 59% of U.S. CEOs think inflation will last at least into next year, according to a Conference Board survey. “To cope with rising inflation, [CEOs globally] plan balancing actions that include cutting costs, passing...

Jack Dorsey's payments start-up Block (formerly Square) is going to start mining for bitcoin. In a string of tweets from Block's general manager for hardware, Thomas Templeton laid out the company's plans for next steps. Templeton says the goal is to make bitcoin mining — the process of creating new...

The former head of Twitter is spearheading a new effort to advocate on behalf of Bitcoin (BTC) developers in legal matters. Jack Dorsey announced the creation of the nonprofit Bitcoin Legal Defense Fund (BLDF) in an email sent to members of the developer community. “The Bitcoin community is currently the...

Former Twitter CEO and Block founder Jack Dorsey has announced plans to create a “Bitcoin Legal Defense Fund” with Chaincode Labs co-founder Alex Morcos and Martin White, who appears to be an academic at the University of Sussex. The announcement was sent on a mailing list for Bitcoin...

Jack Dorsey, the Former Twitter boss, announced a fund to support BTC developers. Support includes paying legal bills, developing trial strategies, and finding and retaining a lawyer. In response to the recent legal battles faced by Bitcoin developers, former Twitter boss Jack Dorsey announced a fund to support them so...

Americans are wondering what's amiss with Wall Street after steep declines in stocks and a surge in bond yields in recent weeks. Here's how to think about it.

In the ongoing conflict between Russia and Ukraine, Russian President Vladimir Putin’s eyes are on a bigger prize, a top expert on Putin and his country says. “This time,” writes former intelligence officer Fiona Hill in a New York Times op-ed, “Mr. Putin’s aim is bigger than closing NATO’s ‘open door’ to Ukraine and taking more territory — he wants to evict the United States from Europe. As he might put it: ‘Goodbye America. Don’t let the door hit you on the way out.’ ”

Trump's remarks came after Russia recently told the U.S. to stop providing military aid to Ukraine.

Tucker Carlson opened Monday’s show by arguing that imposing harsh sanctions on Russia would end up negatively impacting the United States. In the process, he called Sen. Joni Ernst (R-IA) “totally ignorant.”. Carlson has repeatedly cautioned against antagonizing Russia over Ukraine. “The Chinese government is the only certain...

Scott Minerd, CIO of Guggenheim Investments, says the FOMC needs to focus on shrinking its roughly $9 trillion balance sheets not raising rates.

Stocks fell sharply on Monday as investors anticipated inflation-fighting measures from the Federal Reserve and fretted over the possibility of conflict between Russia and Ukraine.

Malinowski says they "want me to support Russia's 'reasonable' positions," amid fears that the nation could soon invade Ukraine.

The Dow Jones Industrial Average dropped more than 1,000 points Monday as financial markets buckled in anticipation of inflation-fighting measures from the Federal Reserve and fretted over the possibility of conflict between Russia and Ukraine.

The Dow Jones Industrial Average plummeted as much as 1,100 points this morning but managed to recover by the afternoon, ending the day up about 100 points.