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Shake Shack Offering Bitcoin Rewards for Customers Using Block’s Cash App: Report
4.3.2022
The burger chain is testing customer demand for cryptocurrency options, especially among its younger clientele
Cash App’s Bitcoin Revenue Grew 119% in 2021, Gross Profit From BTC Rose 124%
26.2.2022
Popular mobile payment platform Cash App, developed by Jack Dorsey’s Block Inc., generated $10 billion in bitcoin revenue and $218 million in bitcoin gross profit in 2021. Compared to the previous year, the bitcoin revenue increased 119% while gross profit rose 124%. Cash App’s...
Block, Coinbase Release Positive Q4 Results Amid Growing Market Uncertainty
25.2.2022
Payments giant Block has reported positive results for the fourth quarter of 2021, signaling an unexpectedly robust outlook for this year. At the same time, major crypto exchange Coinbase also posted quarterly results that exceeded analyst expectations, but its expectations of a lower trading...
Block nets $1.18B Q4 gross profit marking a 47% YoY increase
25.2.2022
In total, Block generated $4.42 billion worth of gross profit in 2021 marking a total YoY growth of 62%, however, net profit totaled just $77 million
Bitcoin Lightning Network goes live on Cash App
8.2.2022
Cash App mentions that the Lightning Network feature is not available to users located in New York
Heavyweight champ to take 50% of his UFC 270 purse in Bitcoin
19.1.2022
“After doing a lot of research on Bitcoin, I really believe it is the future of money, man. Bitcoin is valuable, secure, and no one can mess with it,” said UFC heavyweight champion Francis Ngannou
Heavyweight Champ Francis Ngannou Plans to ‘Take Half of His UFC 270 Purse Paid in Bitcoin’
18.1.2022
The reigning UFC Heavyweight Champion Francis Ngannou has announced the mixed martial artist has partnered with the payments firm Cash App and plans to take half of his UFC 270 purse in bitcoin. Ngannou told his 620,100 Twitter followers that he believes “bitcoin can empower people...
Cash App integrates Bitcoin Lightning Network for faster BTC transfers
12.1.2022
The Layer 2 protocol addresses the historic limitations of the BTC blockchain to improve speeds while reducing the costs associated with the transactions
Cash App Integrates Bitcoin Lightning Payments, LN Payments Company Gets UK Regulator's Approval
11.1.2022
Ex-CEO of Twitter Jack Dorsey's mobile payment service Cash App has integrated Bitcoin (BTC) Lightning Network, a layer 2 scaling solution on top of the Bitcoin network designed to tackle the flagship cryptocurrency’s scalability issues....
Read More: Cash App Integrates Bitcoin Lightning...
How to Invest in Crypto Exchanges: Top 3 Options
31.12.2021
If you want to gain investment exposure to the burgeoning digital asset industry, you could invest in cryptocurrency exchanges.
Crypto exchanges are at the center of the global crypto markets and are among the most profitable and fastest-growing companies in the industry, making them...
Block's Cash App to Allow its 40M Customers to Gift Bitcoin
15.12.2021
Jack Dorsey's payment firm Block, previously called Square, has unveiled a new Cash App feature that will allow users to gift family and friends crypto and stock over the holiday season.
Cash App announced the news on Tuesday, saying that its approximately 40 million active monthly users...
Block, formerly Square, will allow users to gift BTC for the holidays using Cash App
15.12.2021
"It’s as easy as sending cash, and you don't need to own stock or Bitcoin to gift it," said Cash App, allowing transfers as low as $1
Payments Company Square Rebrands to ‘Block Inc.,’ Crypto Service Will Be Called ‘Spiral’
2.12.2021
Following Jack Dorsey’s resignation announcement on Monday, two days later Dorsey’s payments company, Square Inc., disclosed that it was rebranding and changing its name to Block Inc. The company said the name Block has “many associated meanings” including the term...
NFL Football Star Odell Beckham Jr Giving Away $1 Million in Bitcoin and Will Take His New Salary in BTC
23.11.2021
U.S. football Star Odell Beckham Jr. is taking his new salary in bitcoin and is giving away $1 million in the cryptocurrency in partnership with Square’s Cash App. “To all my fans out there … I’m giving back a total of $1M in BTC right now,” he wrote. Football...
Square’s Cash App Generates $1.8 Billion in Bitcoin Revenue, BTC Profit up 29% in Q3
6.11.2021
Square Inc. has reported bitcoin revenue of $1.82 billion in the third quarter, an 11% increase from the same period last year. Its bitcoin gross profit was $42 million during the time period, a 29% increase year-over-year. Square’s Bitcoin Profit up 29% in Q3 In the company’s Q3 2021...
Square's Cash App Bitcoin profits fall 23% — Will opening it to teenagers help?
5.11.2021
Cash App’s Bitcoin profits fell in the third quarter, but overall profits are still on the rise
Green Bay Packers Quarterback Aaron Rodgers Gets Paid in Bitcoin, Gives Away $1 Million in BTC
3.11.2021
Green Bay Packers quarterback Aaron Rodgers is taking a portion of his salary in bitcoin. He also gave away $1 million in the cryptocurrency to his fans in collaboration with Square’s Cash App. “I believe in bitcoin,” he said, adding that “the future is bright.”...
Jack Dorsey Discusses Square Building a ‘Bitcoin-Native’ Dex Platform, Project Lead Shares Insight
28.8.2021
On Friday, the CEO of Twitter and Square, Jack Dorsey talked about the decentralized exchange Square is constructing called “TBD” or the “TBD BTC DEX.” First mentioned in July, Dorsey tweeted that the company has “determined [TBD’s] direction and he also...
Hip-Hop Star Megan Thee Stallion Creates ‘Bitcoin for Hotties’ Video to Educate Millions of Fans About Crypto
7.8.2021
Award-winning hip-hop artist Megan Thee Stallion has published a video of herself explaining the basics of bitcoin, including what it is, why it is valuable, and how to obtain it. The famed rapper previously gave away $1 million in bitcoin to her fans in collaboration with Square’s Cash App....
Cash App’s quarterly Bitcoin revenue triples despite BTC impairment loss for Square
2.8.2021
Jack Dorsey’s Square made more than 90% more gross profit than the same period last year, with $546 million coming from Cash App’s Bitcoin services