TBD’s Web5 takes a different approach than Web3 on how to build a properly decentralized internet, with Bitcoin being the single blockchain used in the project.
Among Block’s initiatives to further the Bitcoin ecosystem shared in its 2022 Investor Day is the development of an open-source bitcoin mining ASIC chip.
Jack Dorsey’s Square has officially doubled its money on its Bitcoin Investment. The company’s $220,000,000 invested in Bitcoin is now worth over $470,000,000.