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Square rebrands to Block as focus shifts to blockchain -Breaking

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Square, an online payments firm, has announced the change of its company’s name to Block. It seems that this is in response to blockchain technology.

Square posted a tweet on Wednesday about the new Square The rebrand brings together the payments company with Cash App, the central (decentralized) payment app.BTC) exchange project tbDEX, and music and video streaming platform Tidal. The accompanying news release that Square Crypto, the cryptocurrency-focused branch of the payment firm, will also be changing its name to Spiral and joining the Block family.