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Square’s Cash App & Grayscale Combined Consume Over 50% of Bitcoin’s Daily Supply
This is a whopping 367% increase over the same quarter last year at $66 million. Revenue from bitcoin now accounts for 57% of Cash App’s total reported revenue, up from 47% in 2019. Bitcoin revenue generated a gross profit of $7 million, benefitting from “an increase in transacting active bitcoin customers and growth in customer […] дальше »
2020-5-7 17:57 | |
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Abra Gets $5M Boost from Stellar Enterprise Fund
Crypto app Abra will benefit from a $5 million financial boost from the Stellar Enterprise Fund, as the San Francisco based platform prepares to move its network onto the Stellar blockchain. Bitcoin remittances platform Abra has received a major boost as it is set to add $5 million to its coffers from the Stellar Development more info… The post Abra Gets $5M Boost from Stellar Enterprise Fund appeared first on Coinjournal. дальше »
2020-5-7 17:29 | |
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Bitcoin Brought in More Revenue for Cash App than Fiat in Q1 2020
Bitcoin brought in more revenue for Square’s Cash App than fiat, the company has revealed via its first-quarter earnings results released Wednesday. In a shareholder letter detailing the company’s financials in the first quarter of 2020, Cash App’s revenues totaled $528 million. дальше »
2020-5-7 17:07 | |
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Abra Cryptocurrency Wallet Gets $5M Investment from Stellar (XLM)
The Stellar Development Foundation (SDF), the non-profit organization focused on supporting the growth and development of the Stellar ecosystem, has invested $5 million in Abra, a global investment app and all-in-one cryptocurrency wallet. дальше »
2020-5-7 17:00 | |
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Square Sees Remarkable Boost In Q1 2020 Bitcoin Revenue
During the first quarter of 2020, Square’s Cash App received $528 million in profits. This is seen from the ‘Q1 2020 Letter to Shareholders’. Twitter CEO and founder of Square, Jack Dorsey says revenue includes both Bitcoin and the fiat payments fees. дальше »
2020-5-7 16:52 | |
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Stellar Development Foundation Injects $5M Into Abra’s Crypto Wallet and Exchange App
The Stellar Development Foundation (SDF) has announced a $5 million investment towards Silicon Valley-based crypto wallet provider, Abra. This non-profit organization's focus is the Stellar blockchain has been gradually expanding its footprint in the blockchain and crypto space despite stiff competition from industry rivals like Ripple. дальше »
2020-5-7 16:35 | |
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Users Of Popular EOS Wallet App Lose Over $51 Million In Alleged Exit Scam
Fraud is a sad but inevitable part of the cryptosphere. Cases of exit scams, in particular, have been surging in recent years. The latest case of a suspected scam involves a crypto wallet associated with EOS. дальше »
2020-4-22 21:16 | |
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Chinese EOS App Shuts Down; Project Walks Off with $50 Million in User Funds
EOS Ecology, a Chinese crypto application, is reportedly shutting down. Users are, however, unable to withdraw funds amounting to a total of $50 million. Many are now claiming the project...The post Chinese EOS App Shuts Down; Project Walks Off with $50 Million in User Funds appeared first on Crypto Briefing. дальше »
2020-4-22 14:00 | |
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Algorand Foundation Launches $50 Million Developer Grants Program
The Algorand Foundation announced the launch of a 250 million ALGO grants program, providing around $50 million in stimulus for the project’s developer ecosystem. ALGO Grants Program for App Builders...The post Algorand Foundation Launches $50 Million Developer Grants Program appeared first on Crypto Briefing. дальше »
2020-4-16 22:06 | |
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Mobikwik to Offer 100 Million Indian Users Direct Cryptocurrency Trading Via Buyucoin Integration
Mobile payment platform Mobikwik, which has about 107 million users in India, has partnered with Delhi-based cryptocurrency exchange Buyucoin. News. Bitcoin. com talked to the CEO of the crypto exchange to find out how Mobilkwik users can soon buy and sell cryptocurrencies within the Mobikwik app. дальше »
2020-4-2 12:05 | |
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1.2 Million Italians Can Now Buy Bitcoin From Their Bank
Buying bitcoin just got easier for Italians. The country’s mobile bank Hype has announced a partnership with fintech startup Conio, enabling customers to buy, sell, and securely store BTC from within their banking app. дальше »
2020-3-22 13:12 | |
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Bakkt Eyes $1 Trillion in Digital Assets Following Series B Funding Round
Microsoft’s M12 and Pantera Capital are among investors in a $300 million Series B funding round for Bakkt. The fresh influx of capital comes as the company looks to launch its consumer payments app while announcing the option of Bakkt Cash payment for Starbucks coffee. дальше »
2020-3-17 14:00 | |
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ICE-backed Bakkt Rolls Out ‘Limited Beta’ As a Starbucks Payment Option To Mobile Users
Some of the Starbucks mobile app will now have the option of using Bakkt Cash as payment, seeing the limited beta period for this method has started. The news comes as the Bitcoin (BTCP) derivatives provider is pivoting towards consumer-facing services and after it made the announcement of a $300 million funding round. Here’s what […] дальше »
2020-3-17 00:40 | |
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Bakkt receives additional $300 million in Series B financing
Bakkt, a provider of bitcoin futures and options contracts plus digital wallet app, today announced that it has raised an additional $300 million in a Series B, investors include: Intercontinental Exchange, Microsoft’s M12, PayU, Boston Consulting Group, Goldfinch Partners, CMT Digital, and Pantera Capital. дальше »
2020-3-17 17:57 | |
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Lightning-Fast New Bitcoin.com Wallet Proves Popular With Over 10 Million Wallets Created
The Bitcoin. com Wallet app has reached almost 10. 5 million wallets created across several million app downloads. This milestone follows last month’s release of the new app, which most notably included a redesigned, user-friendly interface along with the lightning-fast Instant Pay feature for bitcoin cash payments and support for SLP tokens. дальше »
2020-3-13 21:30 | |
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Bitcoin Purchases on Dorsey’s Square Cash App, Records Its 7th Straight Quarter of Growth
According to the financial report of the quarter four of Twitter founder and bitcoin proponent Jack Dorsey’s Square, customers bought $178 million of Bitcoin. In total, the peer-to-peer payments and stock trading Cash App generated $361 million in revenue, half of which came from bitcoin trading. дальше »
2020-2-29 22:24 | |
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Square Sold $517 Million Worth of Bitcoin Via Its Cash App in 2019
Details from Square’s recent shareholder letter show that the company sold $517 million worth of Bitcoin in 2019 with sales of the top cryptocurrency accounting for about half of its revenue in Q4 of last year. дальше »
2020-2-28 22:00 | |
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Revolut Crypto Investing App Valuated at $5.5 Billion After New $500M Funding Round
The UK-based digital bank Revolut is now valued at $5.5 billion, after raising $500 million in its latest series D funding round. Raising a total of $836 million across the 4 funding rounds. This makes it one of the EU's most valuable fintech apps that is crypto-friendly. The Revolut app has been used to buy, […] дальше »
2020-2-26 22:16 | |
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UEFA Euro 2020 Mobile App to Utilize Blockchain to Distribute Over 1 Million Tickets
According to an announcement on February 17, 2020, the Union of European Federal Associations (UEFA) is set to distribute more than one million football match tickets through its blockchain-powered mobile application. дальше »
2020-2-18 02:00 | |
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Blockstack reports insane user growth, but crypto analysts think it’s a money grab
Blockstack – a “decentralized computing network and app ecosystem” – announced in a recent blog post that they hit a massive network milestone of acquiring one million users on the platform, allowing them to unlock $6. дальше »
2020-2-1 06:08 | |
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OneGold Launches Mobile App WIth BitPay, Allowing Users To Buy Gold With Crypto
Bullion Company, OneGold Inc. introduces crypto payments on its mobile application after a successful run so far in providing crypto payment gateways to purchase gold and silver. The precious metal marketplace announced they would be accepting crypto payments a year ago, and have since accepted over $50 million in Bitcoin-based payments for gold, which represents […] дальше »
2020-1-15 20:27 | |
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Apple Stock Keeps Growing amid Record App Store Sales
Coinspeaker Apple Stock Keeps Growing amid Record App Store SalesThe record holiday-week sales represent a 16% increase from the year-ago period. App Store revenue totaled $386 million on New Year's Day alone, Apple said. дальше »
2020-1-10 20:06 | |
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An App for Millions That Runs on Ripple
Siam Commercial Bank (SCB) is on a mission to change the lives of their over 16 million customers. Thailand’s oldest bank has partnered with Ripple to help bring the company into the digital age and create SCB Easy—a mobile application that runs on Ripple to deliver instant, low-cost cross-border payments. дальше »
2020-1-10 22:08 | |
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An App For Millions That Runs on Ripple
Siam Commercial Bank (SCB) is on a mission to change the lives of their over 16 million customers. Thailand’s oldest bank has partnered with Ripple to help bring the company into the digital age and create SCB Easy—a mobile application that runs on Ripple to deliver instant, low-cost cross-border payments. дальше »
2020-1-9 22:08 | |
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Crypto payment app Cryptopay generates revenue of €2.9 million in 2019
Cryptopay, a cryptocurrency payment platform, has announced that the company generated a total of €2,891,945 in revenue for the 2019 year. According to the record, November’s 2019 revenue was the third-highest since Cryptopay’s first report was published. дальше »
2020-1-3 15:19 | |
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BRD’s Adam Traidman on New Products, Crypto Adoption, and Banking the Unbanked Into 2020
Breadwallet, later known as Bread, and now just as BRD, was the first crypto wallet in the App Store in 2014. Its non-custodial, open source and user-friendly nature saw it become very popular, now with nearly 3 million users worldwide. дальше »
2019-12-12 22:30 | |
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