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Tap and Pay crypto coming to Coinbase Wallet, L2 interoperability in months
14.11.2024
Jesse Pollak, the creator of the Ethereum layer-2 network Base, expects the Coinbase Wallet feature to be available for users in 50 countries by the end of 2025
Block Inc’s Bitcoin revenue stagnates in Q3, shares drop 12% on revenue miss
8.11.2024
Block missed its revenue estimates for Q3 and said it is “winding down” its DeFi business to shift money into its Bitcoin mining and wallet businesses
ARK Invest sells $31M in shares of Jack Dorsey’s Block
29.10.2024
Jack Dorsey’s Bitcoin-friendly financial services firm Block saw its stock rally 13% in October, coming in line with bullish market action
7 Indicted in $300,000 Queens Bitcoin Theft, Say Prosecutors
14.8.2024
Seven individuals have been indicted for stealing over $300,000 in bitcoin from a Queens resident. The charges against them include grand larceny, money laundering, and identity theft, stemming from a lengthy investigation into a cryptocurrency wallet hack. Using advanced hacking techniques,...
Queens Bitcoin Heist: Seven Charged With Grand Larceny and Money Laundering
11.8.2024
Seven individuals have reportedly been indicted on charges of grand larceny, money laundering, and identity theft for stealing $300,000 in bitcoin from a Queens auto body shop owner. The victim’s 5.75 BTC, originally valued at $92,000, was taken by 20-year-old Aaron Peterson Jr. in November...
Jack Dorsey’s Block to shutter UK operations for Cash App
18.7.2024
The app, one of the products of payments firm Block, had been operating in the United Kingdom since 2018
Jack Dorsey’s Block to use 10% of Bitcoin profit to buy BTC every month
3.5.2024
Block, Inc. co-founder Jack Dorsey told shareholders its Bitcoin-buying plan during an earnings call, saying its an “investment in a future where economic empowerment is the norm.”
Block, Inc. Q1 results top estimates, shares jump after-hours
2.5.2024
Block’s first-quarter 2024 results beat Wall Street analyst estimates on earnings and revenue which saw its share price surge after the bell
US probes Jack Dorsey’s Block, Inc. over financial transactions: Report
2.5.2024
U.S. prosecutors are reportedly investigating the fintech firm after a whistleblower claimed it processed thousands of transactions for users from sanctioned countries and terrorist groups
Square merchants can now convert up to 10% of sales to Bitcoin via CashApp
25.4.2024
Block gets one percent of every conversion
Block Unveils Bitcoin Conversion Feature for Square Merchants
25.4.2024
On Wednesday, Block, the financial services firm, disclosed that merchants using Square can convert their daily sales into bitcoin through the Cash App. Block’s founder, Jack Dorsey, revealed this update on X, and as of today, merchants have the option to transfer between 1-10% of their...
Some Square Users Can Now Convert Their Dollars to Bitcoin Via Cash App
24.4.2024
Bitcoin Conversions will charge a flat 1% fee to automatically convert a portion of merchant revenues into BTC
Jack Dorsey-Led Block Witness High Profits on Bitcoin Sales Via Cash App
23.2.2024
Block payments platform earned $66 million from selling Bitcoin through Cash App, the firm’s recent Q4 2023 earnings report noted.
The post Jack Dorsey-Led Block Witness High Profits on Bitcoin Sales Via Cash App appeared first on Cryptonews
Wallet of Satoshi vanishes from Apple and Google's US app stores
24.11.2023
Apple is facing the wrath of crypto users yet again as a popular Bitcoin Lightning wallet disappeared from its U.S.-facing App Store
Apple Faces Class Action Lawsuit Over Blocking P2P Payments for Crypto Apps
21.11.2023
Source: AdobeStock / BGStock72 Apple is facing a class-action lawsuit that alleges the tech giant has engaged in a conspiracy to limit peer-to-peer payment options on its devices and block the integration of crypto technology in iOS payment apps. The complaint, filed on November 17 in a California...
Apple sued for blocking crypto tech for P2P payments
21.11.2023
Apple faces a class action over alleged anti-competitive conduct in the iOS peer-to-peer payments market
Jack Dorsey’s Block Reports Strong Q3 Earnings; Profits from Bitcoin Holdings Surge
3.11.2023
Block, the Bitcoin-focused fintech company led by Jack Dorsey, reported robust financial results for the third quarter of 2023, surpassing analyst expectations and marking a profitable period. The firm recorded $5.62 billion in revenue for Q3 2023, a notable achievement driven by strong growth...
How to buy Bitcoin with Cash app
21.8.2023
A step-by-step guide to buying Bitcoin on Cash App, including guidance on fees, the auto invest feature and security tips to empower your cryptocurrency investment journey
Jack Dorsey's Block Q2 Revenue Soars to $5.5 Billion, Led by Strong Bitcoin Sales
4.8.2023
Block, the payments firm led by Twitter founder Jack Dorsey, saw its revenue soar to $5.5 billion in the second quarter, partly thanks to strong growth in Bitcoin (BTC) sales on the platforms.
Out of the total $5.5 billion in revenue, a whopping $2.4 billion came from sales of Bitcoin,...
Block posts 34% increase in Bitcoin revenue in Q2 but shares stumble
4.8.2023
Bitcoin profits on Block’s Cash App dropped slightly from the first quarter of 2023 but remain up 7% from this time last year