🌕 Gate Square · Mid-Autumn Creator Incentive Program is Live!
Share trending topic posts, and split $5,000 in prizes! 🎁
👉 Check details & join: https://www.gate.com/campaigns/1953
💝 New users: Post for the first time and complete the interaction tasks to share $600 newcomer pool!
🔥 Today's Hot Topic: #MyTopAICoin#
Altcoins are heating up, AI tokens rising! #WLD# and #KAITO# lead the surge, with WLD up nearly 48% in a single day. AI, IO, VIRTUAL follow suit. Which potential AI coins are you eyeing? Share your investment insights!
💡 Post Ideas:
1️⃣ How do you see AI tokens evolving?
2️⃣ Wh
Square, led by Jack Dorsey, will increase its investment in Bitcoin Mining and shut down its previous "Web5" project
According to Jinse Finance, Jack Dorsey's payment company Block (SQ) plans to refocus on developing devices for BTC (Bitcoin) miners and self-hosted encryption wallets. Part of the funding comes from abandoning the creation of a new decentralized Internet called "Web5" (established in June 2022) and reducing investment in the music streaming app Tidal. This decision was announced in the same week as Trump's victory in the US presidential election. He promised to provide a more friendly Cryptocurrency environment for the United States, and BTCMining is an industry he promised to support during his campaign. In addition to the letter to shareholders, Block also released its financial results for the third quarter on Thursday. According to FactSet, the company's revenue was $5.98 billion, lower than the Wall Street analyst average expectation of $6.24 billion. Subsequently, the company's stock price fell by as much as 10%.