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Blockatena
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About Blockatena
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Websiteblockatena.com
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Compare Blockatena with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | - based on 0 reviews | 3.7/5 based on 85.5k reviews | 3.7/5 based on 50.8k reviews | 3.9/5 based on 53.5k reviews |
Highly Rated for | - | Job Security Work-Life balance | Job Security | Skill development Job Security Company culture |
Critically Rated for | - | Promotion/Appraisals Salary & Benefits Work Satisfaction | Promotion/Appraisals Salary & Benefits | Promotion/Appraisals |
Primary Work Policy | - | Work from office 81% employees reported | Hybrid 59% employees reported | Hybrid 72% employees reported |
Rating by Women Employees | - no rating available | 3.8 Good rated by 24.7k women | 3.8 Good rated by 14.5k women | 3.9 Good rated by 19.9k women |
Rating by Men Employees | - no rating available | 3.7 Good rated by 55.6k men | 3.7 Good rated by 33.9k men | 3.9 Good rated by 30.9k men |
Job Security | - Data not available | 4.6 Excellent | 3.8 Good | 3.8 Good |
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Blockatena Salaries
Computer Operator
(3 salaries)
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₹1.2 L/yr - ₹1.3 L/yr
Data Entry Operator
(3 salaries)
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₹1.5 L/yr - ₹2.5 L/yr
Information Technology Assistant
(2 salaries)
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₹1 L/yr - ₹1.2 L/yr
Blockchain Developer
(1 salaries)
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₹5.4 L/yr - ₹6.9 L/yr
Account Assistant
(1 salaries)
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₹1.6 L/yr - ₹2.1 L/yr
Civil Engineer
(1 salaries)
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₹5.4 L/yr - ₹6.9 L/yr
Computer Operator/Data Entry Operator
(1 salaries)
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₹0.1 L/yr - ₹0.1 L/yr
Software Engineer
(1 salaries)
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₹8.1 L/yr - ₹10.4 L/yr
Data Analyst
(1 salaries)
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₹3.6 L/yr - ₹4.6 L/yr
Business Development Manager
(1 salaries)
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₹9 L/yr - ₹11.5 L/yr
Blockatena News
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Cash App fined $255 million in back-to-back settlements
- Cash App, owned by Block, has been fined $255 million in back-to-back settlements.
- Block agreed to pay $80 million to 48 states for violating laws related to consumer protections and preventing illicit activities.
- Separately, a settlement with the federal Consumer Financial Protection Bureau requires Block to pay $120 million to Cash App customers and $55 million to the CFPB.
- Cash App's weak security measures, lack of effective customer service, and deceptive practices were cited as reasons for the fines.
The Verge | 17 Jan, 2025
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CFPB fines Block $175m over Cash App's lax fraud controls
- The Consumer Financial Protection Bureau (CFPB) has fined Block $175 million over Cash App's lax fraud controls.
- Cash App's Terms of Service claimed that banks linked to accounts were responsible for addressing disputes around fraudulent charges, allowing Block to avoid assuming responsibility.
- Block used intentionally shoddy investigation practices to close reports of unauthorized transactions in their favor.
- CFPB is directing Block to set up a live 24/7 customer support line.
Engadget | 17 Jan, 2025
CFPB: Block Must Pay $175 Million for Cash App’s ‘Weak Security Protocols’
- Cash App owner Block has been ordered by the Consumer Financial Protection Bureau (CFPB) to pay $175 million to address security failures.
- Block must refund consumers up to $120 million and pay a penalty of $55 million into the CFPB's victims relief fund.
- The CFPB found that Block employed weak security protocols, directed users to ask their banks to reverse fraudulent transactions, and used tactics to suppress user assistance requests.
- Block settled the case, claiming the issues raised do not reflect the current Cash App experience and that they are committed to upholding industry-leading standards.
Pymnts | 17 Jan, 2025
Block to Pay $80 Million to Settle AML Violation Allegations
- Block has agreed to pay an $80 million fine and undertake corrective actions to resolve a coordinated enforcement action by 48 state financial regulators.
- The enforcement action focused on Block's mobile payment service, Cash App.
- Block will hire an independent consultant to review its BSA/AML program and correct any deficiencies found.
- In a separate case, Block previously agreed to pay $15 million to settle a lawsuit related to a data breach.
Pymnts | 16 Jan, 2025
Block edges closer to becoming first Bitcoin treasury firm to enter S&P 500
- Block, a fintech company holding Bitcoin in its treasury, is on track to become the first publicly listed company to enter the S&P 500 Index.
- Block reportedly satisfied the final hurdle for listing after its strong Q1 2024 earnings report.
- To be included in the S&P 500, a company must meet specific criteria including market cap, trading volume, positive earnings, and US headquarters.
- The decision for inclusion in the index ultimately rests with the S&P Index Committee, considering factors such as sector representation and overall economic composition.
Cryptoslate | 10 Jan, 2025
Matthew Sigel Predicts Block Could Join S&P 500, Not MicroStrategy
- Matthew Sigel, head of digital assets research at VanEck, predicts that Block (formerly Square) could become the first Bitcoin hodler in the S&P 500.
- In order to be added to the index, a stock must meet six criteria, including market cap over $18B, positive earnings, high liquidity, and more.
- Block meets the earnings criteria and has been a supporter of Bitcoin, making it a potential candidate for S&P 500 inclusion.
- MicroStrategy (MSTR) and Coinbase are also mentioned, with MSTR unlikely to join the S&P 500 soon and Coinbase being a controversial pick.
Coinpedia | 10 Jan, 2025
‘Satoshi Not-amoto’: Craig Wright Sentenced to 1 Year in Prison for Contempt of Court
- Craig Wright, who claimed to be Satoshi Nakamoto, was sentenced for contempt of court.
- Wright's $1.2 trillion lawsuit against Block claimed he was owed intellectual property rights over Bitcoin.
- The U.K. Court ruled against his claims after discovering falsified documents.
- Wright was sentenced to 1 year in prison for his continued defiance of court orders.
Bitcoinsensus | 21 Dec, 2024
Anthropic Now Connects Data to AI Chatbots Easily
- Anthropic has open-sourced Model Context Protocol (MCP) for connecting AI assistants to data repositories.
- MCP provides a universal framework for secure connections between AI applications and data sources.
- Block, Apollo, and other development tool companies have integrated MCP into their systems.
- Anthropic offers pre-built MCP servers for platforms including Google Drive, Slack, GitHub, and more.
Analyticsindiamag | 26 Nov, 2024
Video platform Rumble plans to buy up to $20 million in bitcoin in new treasury strategy
- Video platform Rumble plans to buy up to $20 million in bitcoin as part of its treasury strategy.
- Rumble believes that bitcoin is a valuable inflation hedge and aims to become the leading video and cloud services platform for the crypto community.
- The move follows other companies like MicroStrategy, Tesla, and Block that have also purchased bitcoin.
- With Trump's incoming administration expected to take a pro-crypto stance, investors are anticipating other big companies to invest in bitcoin.
CNBC | 26 Nov, 2024
Anthropic proposes a new way to connect data to AI chatbots
- Anthropic has open sourced the Model Context Protocol (MCP), which aims to connect AI assistants to data sources.
- MCP allows AI models to draw data from various sources, improving their responses to queries.
- Companies like Block and Apollo have already integrated MCP into their systems.
- Anthropic invites developers to build with MCP and aims to provide toolkits for deploying production MCP servers.
TechCrunch | 25 Nov, 2024
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