Block Stock Rises as Jack Dorsey’s Bitcoin and Payments Firm Cuts 4,000 Jobs

Block Stock Rises as Jack Dorsey's Bitcoin and Payments Firm Cuts 4,000 Jobs

Simply put Block anticipates that most restructuring costs will be realized in the first quarter, largely due to severance and stock-based compensation. By the end of 2025, the company plans to have over 10,200 employees, signifying a substantial reduction in its workforce. Block operates in both consumer and merchant payments via Cash App and Square, […]

Review reveals $24.3M in unauthorized Medicaid payments in Utah

Review reveals $24.3M in unauthorized Medicaid payments in Utah

SALT LAKE CITY The Utah Office of Inspector General has estimated that around $24 million was spent on improper Medicaid payments due to individuals being enrolled in multiple states, as per a recent audit. These payments, deemed unacceptable, are attributed to delays in the renewal process for interstate benefits and ambiguous policies, the office disclosed […]

XRP Ledger Receives x402 Support for AI Agent Payments: Reasons to Be Optimistic

XRP Ledger Receives x402 Support for AI Agent Payments: Reasons to Be Optimistic

t54.ai Introduces x402 Facilitator on XRP Ledger t54.ai has debuted an x402 “facilitator” on the XRP Ledger (XRPL), which functions as a payment relay. This new system allows AI agents to process API calls and payments for digital services using XRP or RLUSD, along with regular HTTP requests. The concept is straightforward: it integrates pay-per-request […]