Block, a cryptocurrency company, has missed its revenue estimates for the third quarter. As a result, it has announced that it will be closing down its DeFi (decentralized finance) business. The company plan
s to redirect its resources and investments into its Bitcoin mining and wallet businesses. This move comes as a response to the disappointing financial results and the need to focus on more promising areas.
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<p>The post Missed Revenue Shifting to Bitcoin Mining Wallet Businesses first appeared on CoinBuzzFeed.</p>
