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Square merchants can now convert up to 10% of sales to Bitcoin via CashApp
25.4.2024
Block gets one percent of every conversion
CashApp adds support for Bitcoin Lightning Network
25.10.2022
There is a limit of $999 every seven days for BTC transactions on the Lightning Network
Cash App and Chivo help drive Lightning payment volume up 400%
14.4.2022
Bitcoin’s layer 2 scaling solution, the Lightning Network, has seen payment volume increase by over 400% as real adoption grows
Bitpay Adds Lightning Network, Youth Fashion Brand Pacsun to Accept Payments via Lightning
7.4.2022
On April 6, one of the largest cryptocurrency payment platforms in the world, Bitpay, announced the Atlanta-based company has integrated bitcoin payments via the Lightning Network. According to the announcement on Wednesday, the youth-focused American retail clothing brand Pacific Sunwear (Pacsun)...
Twitter Launches Bitcoin Tipping Feature, Explores NFT Authentication
24.9.2021
Twitter has begun rolling out “Tips,” a feature that allows users to send bitcoin or cash tips. The rollout begins with iOS users with Android coming soon. The company is also planning support for non-fungible token (NFT) authentication. Twitter Rolls Out ‘Tips’ With...
Jack Dorsey’s Square Building Bitcoin Hardware Wallet to Make Crypto Custody More Mainstream
9.7.2021
Jack Dorsey’s payments company, Square Inc., has confirmed that it is building a bitcoin hardware wallet and service with the aim to “make bitcoin custody more mainstream.” Square’s Bitcoin Hardware Wallet in the Works Square Inc. is building a hardware wallet, Jesse...
Strike Issues a Live-or-Die No-Fee 'Challenge' to Coinbase, CashApp, Venmo
2.7.2021
Jack Mallers. Source: Twitter/@JackMallers
Strike, a bitcoin (BTC) banking service by the US-based Bitcoin Lightning startup Zap, about to enable their users to buy BTC on its platform with no added fees - which would make a major difference in paying for transactions when compared to crypto...
A Bitcoin Shortage? PayPal and Cash App Buying More Than 100% of New Supply
23.11.2020
When demand from these two sources alone exceeds the entire supply of newly minted bitcoins, expect serious supply pressure to follow
Cash App’s Bitcoin Revenue Soars 1,000% to $1.63 Billion in Q3, Square Announces
7.11.2020
Cash App, a mobile payment service of Square Inc., generated more than $1.63 billion in bitcoin revenue in Q3 2020, which is an increase of more than 1,000% over the same period last year. The company recently invested 1% of its total assets, or $50 million, into bitcoin. Cash App’s Bitcoin...
Report: Square’s CashApp and Grayscale Consumed Over 50% of Bitcoin Mined Q1 202
7.5.2020
Square’s Cash App and Grayscale absorbed over half of the Bitcoins mined in the first three months of 2020, according to a May 7 report