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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
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...
Square’s earnings 2.5X expectations, Bitcoin revenue up 1000% in 12 months
7.5.2021
Square’s quarterly earnings beat out expectations by more than double thanks to Bitcoin’s dramatic rally
Square Adds $170 Million More in Bitcoin to Balance Sheet — Company Now Holds 5% of Total Cash Reserves in BTC
24.2.2021
Square has bought more bitcoin, adding $170 million worth of the cryptocurrency to its balance sheet. The company now holds 5% of its cash reserves in bitcoin. Its Cash App was used by more than three million customers to purchase or sell the cryptocurrency last year. $170 Million Bitcoin Purchase...
Building Black Wealth With Satoshis and Cash App
11.2.2021
For decades, the financial system has been rigged against Blacks. Today, there is an alternative that removes barriers to wealth creation
Square's Cash App briefly halts buying AMC and Nokia stock
2.2.2021
"This was not Cash App’s decision — we disagree with this move wholeheartedly," tweeted the service
Noise.cash: Social Microblogging App Fueled by Bitcoin Cash Tips Gathers Traction
18.1.2021
For quite some time now, bitcoin cash users have been leveraging the web portal read.cash in order to write blog posts, connect with like-minded individuals, and earn bitcoin cash for providing popular content. Now the creators of read.cash have introduced another application called noise.cash...
Twitter loses its mind over rapper's '$1M Bitcoin giveaway' ... worth $11 each
18.12.2020
Popular rapper Megan Thee Stallion has teamed up with Square’s Cash App to launch a $1 million Bitcoin giveaway on Twitter in partnership with Square’s Cash App
Stripe will offer bank accounts, with help from Goldman Sachs and Citi
3.12.2020
But only for vendors, so retail users will have to wait
65% of Traders on Paypal Ready to Use Bitcoin to Pay for Goods and Services: Survey
3.12.2020
At least 65% of people who use the Paypal app to trade bitcoin are prepared to start using the top cryptocurrency to pay for goods and services at the 28 million stores supported by the payments company throughout the world. According to a proprietary survey of 380 Paypal users by Mizuho...
Bitcoin Trading Fees on PayPal, Robinhood, Cash App and Coinbase: What to Know
30.11.2020
With bitcoin’s price hitting a new all-time high on Monday, retail investors will inevitably want to get in on the original crypto asset
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
Paypal Bought 70% of All Newly Mined Bitcoin Last Month as Demand Rockets
21.11.2020
Paypal bought up to 70% of all the newly mined bitcoin since the payments giant started offering cryptocurrency services four weeks ago. Now that’s according to estimates by hedge fund manager Pantera Capital, as revealed in its latest monthly blockchain letter. Together with Square’s...