Block, the parent of digital payments company Cash App, has agreed to pay up to $255 million to settle claims about poor oversight and fraud on its peer-to-peer payment platform. The settlement, ...

The Consumer Financial Protection Bureau ordered Block (NYSE:SQ) to pay restitution of up to $120M and a penalty of $55M over alleged weak security protocols for its Cash App, the agency said on ...

Block (NYSE:SQ), the payments company co-founded by cryptocurrency proponent Jack Dorsey, has launched a bitcoin (BTC-USD) wallet that allows users to self-custody their tokens on a hardware device, ...

Last week, an independent federal agency known as The Consumer Financial Protection Bureau (CFPB) has issued an order for the parent company of Cash App, Block, to refund $120 million to Cash App ...

Block shares dropped sharply on Thursday after Hindenburg Research said it's shorting the payments company. The short-seller said its 2-year investigation indicated the company used inflated metrics ...