Trending Cryptos Twitter’s Pro-Bitcoin CEO Jack Dorsey to Step Down – Reports 2 months ago CryptoExpert Facebook Twitter Pinterest Jack Dorsey. Source: a video screenshot, Youtube/TedTwitter co-founder and CEO Jack Dorsey is expected to step down from his role as chief executive of the social media platform, several media outlets reported on Monday. The news was first reported by CNBC, while Reuters and Bloomberg also reported on the story, all citing unnamed sources “familiar with the matter.” According to Bloomberg TV, Twitter will appoint its current chief technology officer Parag Agrawal as the new CEO. The report added that Agrawal will also join Twitter’s board of directors “effective immediately.” Twitter’s stock has been halted by the New York Stock Exchange due to a pending news announcement from the company. Before trading was halted, Twitter’s stock was up 3.42% for the day. It is unclear who would take over for Dorsey if he were to step down as CEO of the company. In addition to his role at Twitter, Jack Dorsey also serves as the CEO of payments company Square, which has taken an active role in advancing the adoption of bitcoin (BTC). Jack Dorsey is well-known as an advocate of bitcoin, often calling it “the native currency of the Internet.” The tech entrepreneur said during the Bitcoin 2021 conference in Miami this past June that if he wasn’t working at Square or Twitter, he would be working on Bitcoin, while adding “If it needed more help than Square and Twitter, I would leave them for bitcoin.” ____ Reactions: ______ Learn more: – Twitter Launches Twitter Crypto: Here’s How the Company Got There- Twitter Offers Sneak Peek Behind Upcoming NFT Integration Design – Tweet and Get Bitcoin – Twitter Enables BTC Tips Over Lightning Network- Trump vs. Twitter Fight Reignites Social Media Decentralization Vision – Ethereum Founder Skeptical of Dorsey, Zuckerberg’s Plans- Dorsey Justifies His Pro-Bitcoin Stance, Says He Is ‘Not Trolling’ Ethereum – Why Jack Dorsey’s Square Paid USD 29B for Afterpay- Twitter’s Bluesky Finds New Lead, Square Building the Bitcoin Wallet Team – Here’s What Everyone Missed in The Dorsey, Musk, and Wood Bitcoin Talk- Jay-Z & Jack Dorsey Give BTC 500 for Bitcoin Development, New India Ban Rumors Emerge ___(Updated at 15:48 with a report from Bloomberg TV.) Source link Facebook Twitter Pinterest Tags: Bitcoin, Ethereum Continue Reading Previous Could ConstitutionDAO’s PEOPLE Token Be the Next Meme Coin?Next Sloika Raises $2M to Propel Rising Ethereum Photo NFT Market More Stories Trending Cryptos Draft Bill Would Give US Treasury Power to Ban Crypto Exchanges 15 hours ago CryptoExpert Trending Cryptos Analysts See Slower Bitcoin Hashrate Growth in 2022 Amid Market Correction 2 days ago CryptoExpert Trending Cryptos YouTube’s Head of Gaming Leaves to Join Polygon Studios as CEO 3 days ago CryptoExpert Trending Cryptos Crypto City: Guide to Dubai 4 days ago CryptoExpert Trending Cryptos Increased Reporting, Updated Rules, and a Wealth Tax Debate 5 days ago CryptoExpert Trending Cryptos NBA Top Shot NFTs Have Quietly Surged 72% in 30 Days 6 days ago CryptoExpert Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment.