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Square CEO Jack Dorsey says looking to build a bitcoin mining system

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Square CEO Jack Dorsey says looking to build a bitcoin mining system

Square CEO Jack Dorsey said on Friday that the fintech firm is seeking to build a Bitcoin mining system based on custom silicon and open source for individuals and businesses.

This will add to Square’s existing Bitcoin-focused projects, including the business of building an open developer platform, and hardware wallets for cryptocurrency. As of 12:22 PM IST on October 16, the price of Bitcoin in India was Rs. 48.25 lakhs.

“If we do this, we will follow our hardware wallet model: working with the community to build openness,” Dorsey said in a tweet. This will be completely open source, just like the Bitcoin hardware wallet previously announced by Square, which can be stored offline or online on a cryptocurrency exchange.

Dorsey also stated in his Twitter post that silicon design or chip design is too concentrated in a few companies, resulting in limited supply.

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Square’s stock price rose about 1% in after-hours trading.

Last Friday, since China cracked down on Bitcoin trading and mining, Bitcoin exceeded $60,000 (approximately Rs 44.97 million) for the first time in six months, as people increasingly hope that U.S. regulators will allow futures-based exchange-traded funds ( ETF), this move may open the way for a wider range of digital asset investment.

News Source : Gadgets 360

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Tom Holland to star alongside Matt Damon in Christopher Nolan’s next, will juggle that with Spider-Man 4 in 2025

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Tom Holland to star alongside Matt Damon in Christopher Nolan’s next, will juggle that with Spider-Man 4 in 2025

Tom Holland, last seen in Apple TV show The Crowded Room last year, has signed his next with Academy Award-winning filmmaker Christopher Nolan.

Tom Holland is going to have a very busy 2025. As per The Hollywood Reporter, the actor has signed Christopher Nolan’s next, which he will juggle the filming of with that of the long-awaited Spider-Man 4. (Also Read – Tom Holland shares why he left alcohol behind: ‘Struggling without booze…’)

Tom signs Nolan’s next

This will mark the first collaboration between Tom and Christopher. While details of his next directorial aren’t known yet, it’s most likely not to have a contemporary setting. It’ll be either set in the past like, his previous film Oppenheimer (2023), or in the future like Interstellar (2014). Matt Damon, who has worked with Christopher in both, has also come on board his next.

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Christopher’s next will be co-produced by him and his wife Emma Thomas’ banner Syncopy Inc and Universal Pictures, as the two production houses will team up after the Academy Award-winning blockbuster Oppenheimer last year. Prior to Oppenheimer, Christopher collaborated mostly with Warner Bros before having a fallout post the debacle of Tenet (2020).

Warner Bros then went on to produce Greta Gerwig’s musical satire Barbie, which clashed with Oppenheimer at the box office and even outperformed it globally. Warner Bros offered Christopher a cheque for the fees he waived off for helming Tenet during the pandemic. While Christopher graciously accepted the belated remuneration, he still went on to pitch his next to Warner Bros.

Tom’s busy schedule

Tom didn’t have any release this year. His last outing was Todd Graff’s psychological thriller show The Crowded Room on Apple TV last year. He’ll juggle the filming of Christopher Nolan’s next and Spider-Man 4 in 2025. Tom has been playing the superhero ever since Russo Brothers’ 2016 blockbuster Captain America: Civil War. He’s slipped into the Peter Parker shoes post that for three standalone films and two Avengers movies. Spider-Man 4 will be helmed by Shang-Chi and the Legend of the Ten Rings director Destin Daniel Cretton.

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As Tom’s girlfriend and co-star Zendaya will be busy filming Spider-Man 4 in 2025, she’ll reprise her role of Chani in Denis Villeneuve’s sci-fi spectacle Dune 3 only in 2026. Meanwhile, Tom is also likely to make an appearance as Spider-Man in Russo Brothers’ Avengers: Doomsday, which will go on floors in the spring of 2025.

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