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Attached: 1 image Block which renamed itself from Square to rebrand itself as a blockchain platform is winding down its blockchain platform efforts. It’s now clear that there is little value in blockchains and crypto as a technology platform. Crypto has found a niche as a form of speculative assets for financial risk takers and a tool for moving money around while avoiding regulation (e.g. ransomware payments, foreign remittances, etc). https://www.cnbc.com/amp/2024/11/08/jack-dorsey-dramatically-shutters-blocks-tbd-crypto-unit.html

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