Square Cryptocurrency Payment Network Approved

The patent addresses two major obstacles to more merchants accepting cryptocurrency.

The post Square Cryptocurrency Payment Network Approved appeared first on CoinCentral.

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Square Inc. Wins Innovative Crypto Patent Amid President Trump’s Accusations of CEO

San Francisco-based company Square Inc. has won a new patent that will allow merchants to accept all forms of cryptocurrency payment, a victory that could impact mass utilization of digital assets. дальше »

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Regional Government Announces Opening of Large Crypto Mining Farm in Russia

The largest cryptocurrency mining farm in Russia has opened in the Leningrad Region, according to the regional government. The facility is equipped with more than 3,000 pieces of mining equipment and covers an area of approximately 4,000 square meters. дальше »

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Russian Company Opens Country’s Largest Cryptocurrency Farm in Former Soviet Fertilizer Laboratory

A Russian company known as the Kriptoyunivers Center opened the nation’s largest cryptocurrency mining unit on Monday, August 20, 2018. According to the South China Morning Post, the mining farm is currently located in a former Soviet fertilizer-producing laboratory. дальше »

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Binance To Launch FIAT To Crypto Exchange In Liechtenstein

Liechtenstein is one of the smallest countries in the world. With a population of 32,000 and an area covering just 62 square miles, Liechtenstein is a country with a lot of character. It’s also the world’s leading manufacturer of false teeth and now the new home of Binance LCX, a partnership between leading cryptocurrency exchange Binance and the Liechtenstein Cryptoassets Exchange (LCX), in a move that hopes to bring citizens in Liechtenstein the opportunity to access a local, but leading FIAT-Crypto exchange. дальше »

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Square’s Cash App Now Supports Bitcoin Trading in All 50 States

Mobile payment company Square is expanding its bitcoin trading support to all 50 states through its Cash App. This means that residents in all corners of the U. S. дальше »

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Square Cash App’s Bitcoin (BTC) Buying & Selling Now Available in All 50 US States

Square Cash Opens In All 50 States Square Cash’s cryptocurrency has not only seem a successful increase in the second quarter, but the platform also announced a significant development on Twitter. The platform’s users can now use Cash App to buy bitcoin in all 50 states. дальше »

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Square now lets all US CashApp users buy and sell Bitcoin

Square is expanding its cryptocurrency services across the the US. Its subsidiary CashApp announced that American users can now use the application to buy and sell Bitcoin in all 50 states. The company revealed the news in a post on Twitter (spotted by CCN). дальше »

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Exchanges Round-Up: Coinjar Launches Aussie Crypto Fund, Square Trades OTC

In recent news pertaining to virtual currency exchanges, Coinjar has launched Australia’s first cryptocurrency index fund; Square’s latest quarterly report has revealed that company is executing its crypto trades via the over-the-counter (OTC) markets rather than “public cryptocurrency exchanges;” and Poloniex has launched EOS pairings. дальше »

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Square Cash Quietly Reveals It’s Avoiding Public Cryptocurrency Exchanges

In its recently published quarterly report, Square revealed it’s channeling Bitcoin trades from its Square Cash application to private brokers instead of public exchanges. Jack Dorsey’s Square Cash application enabled Bitcoin purchases and sales for most users early in 2018, adding to its consumer payments suite. дальше »

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Bitcoin [BTC] transactions platform Square switches to OTC trading

Square, a financial service provider, revealed that it is now trading through “private broker-dealers” in lieu of “public cryptocurrency exchanges”. The move is said to take effect on Square’s Cash app, which aids Bitcoin [BTC] transactions. дальше »

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Square Cash App Bitcoin Profits Doubled in Q2 2018

Despite a market downturn, cryptocurrency is driving business across several industries worldwide. In Q2 2018, Square Cash app reported a 100% increase in profit from its Bitcoin trading transactions over the last quarter. дальше »

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Square Processes More Than $71 Million in Bitcoin Transactions in 2018

Square Inc’s quarterly earnings report shows that the company is processing more Bitcoin transactions each quarter, though the growth is slow. According to the report recently submitted to the US Securities and Exchange Commission, the company reported revenue from Bitcoin at over $71 million in the first half of 2018. дальше »

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Square Recorded a Tiny Profit on Bitcoin, But it Has the Potential to Improve Massively

Square pulled in $37 million in revenue from Bitcoin, but spent $36. 6 million to offer it on their Cash App, leading to a tight profit of $420,000.   Although profitable, Square isn’t expecting cryptocurrency to drive major profits anytime soon. дальше »

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Payment Platform Square Sees $37 Million in Revenue From Bitcoin Integration

Bitcoin (BTC)–Despite the growing perception that cryptocurrency offers little value to digital payment platforms, Square has published figures that show a gain in revenue valued in tens of millions of dollars for the second quarter of the year. дальше »

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$37 Million of Bitcoin Revenue Helps Square Accelerate Growth in Q2

Square has reported its Q2 2018 financial results, revealing that $37 million of Bitcoin-related revenue helped the company accelerate its growth during the period. While the company still made very little profit from cryptocurrency trading in Q2, management is content with not trying to push the monetization of the feature just yet. дальше »

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Credit Suisse Upgrades Square Stock Price Due To Cryptocurrency Payments Involvement

Credit Suisse, one of the leading global financial services for clients in nearly every facet of finance around the world is finally dipping their toes into the water of cryptocurrency. The company has worked hard to overhaul Square, giving the business payment processor and assistant for point of sale solutions an upgrade that has provided […] дальше »

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Chaincode Devs, Google Alumni Create Industry Group to Help Bitcoin Scale

Scaling has been a heated topic for the bitcoin community for some time. Further, even when a technology does become available, getting people to use it becomes the next big hurdle. дальше »

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Crypto Mining Giant Bitmain to Open 20,000 Sq. Foot Office in Silicon Valley

Bitmain Technologies, the company behind the world’s biggest cryptocurrency mining corporation has announced plans to open a 20,000 square foot office in the West’s main technology hub, Silicon Valley. дальше »

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Crypto Mining Giant Bitmain to Open 20,000 Sq. Foot Office in Silicon Valley

Bitmain Technologies, the company behind the world’s biggest cryptocurrency mining corporation has announced plans to open a 20,000 square foot office in the West’s main technology hub, Silicon Valley. дальше »

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Square Sees Stock Price Explode As Its Bitcoin Service Expands

Square, the financial services company started by Twitter’s co-founder Jack Dorsey, has been seeing its crypto service expand rapidly. Nomura Instinet: Square Is Decoupling From Bitcoin’s Performance Bitcoin has seen a dismal year so far, to be frank, with the foremost cryptocurrency taking a tumble from $20,000 down to a low of $5,800. дальше »

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Billionaire Steven Cohen Invests in Autonomous Partners, a Cryptocurrency Hedge Fund

According to Bloomberg, billionaire Steven Cohen through Cohen’s Private Ventures has recently invested in Autonomous Partners, a hedge fund focused on cryptocurrencies and digital assets. Autonomous Partners is currently led by Arianna Simpson, a strong advocate for cryptocurrencies and blockchain technology. дальше »

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Square Crypto Trading App Beats PayPal’s Venmo With 3x Growth

Square Cash, a cryptocurrency-enabled trading app, is growing three times faster than PayPal’s fiat-based Venmo, trading giant Nomura has revealed. ‘More Than Just A Bitcoin Play’ The company’s Square Cash app, which added cryptocurrency functionality in January, has defied Bitcoin price trends ever since, growing its user base despite overall Bitcoin market activity decreasing. дальше »

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Billionaire Steven Cohen Invests in Autonomous Partners, a Cryptocurrency Hedge Fund

According to Bloomberg, billionaire Steven Cohen through Cohen’s Private Ventures has recently invested in Autonomous Partners, a hedge fund focused on cryptocurrencies and digital assets. Autonomous Partners is currently led by Arianna Simpson, a strong advocate for cryptocurrencies and blockchain technology. дальше »

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A Mysterious Blockchain Company Unveils Its New Office After Acquiring 67,000 Acres of Land in Nevada

Blockchains LLC unveiled to a group of local reporters, on June 27, its new 25,000 square foot corporate headquarters in Sparks, Northern Nevada, at the Tahoe-Reno Industrial Center (TRIC). The facility stands on 67,125 acres of land, which the company acquired in January. дальше »

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Hedge Fund Bullish on EOS and Ethereum, Bearish on Ripple and Litecoin

Austin-based cryptocurrency hedge fund Multicoin Capital is long Ethereum as well as EOS while short both Litecoin and Ripple’s XRP. Backed by Andreessen Horowitz’s Marc Andreessen and Union Square Venture’s Chris Dixon among others, the $75 million fund is defending its most significant position: EOS, a currency that raised $4 billion through an ICO last month […] Hedge Fund Bullish on EOS and Ethereum, Bearish on Ripple and Litecoin was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »

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Union Square Ventures: ‘Blockchain Might Be Worth Trillions’

Despite market sentiment falling, major financial firms are joining the cryptocurrency sector at a greater pace than ever before. Reported on June 29, 2018, Union Square Ventures intends to invest in blockchain and cryptocurrency-related businesses over the next 10 years. дальше »

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Blockchain to be worth trilions, says Union Square Ventures

Union Square Ventures, a New York-based venture capital firm that manages $ 1 billion in assets, is planning on it rich by investing in the blockchain and cryptocurrency industry — which it views as potentially being worth a trillion dollars in the future. дальше »

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Winning Blockchain Might be Worth Trillions, Suggests Union Square Ventures

Union Square Ventures, a New York-based venture capital firm that manages $1 billion in assets, is planning on it rich by investing in the blockchain and cryptocurrency industry — which it views as potentially being worth a trillion dollars in the future. дальше »

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Union Square Ventures Likes Cryptocurrency As Long Term Investment, No Fund Plans Yet

The New York centered Union Square Ventures is now taking a lengthy bet on cryptocurrency, but not like some of the VC peers, it won’t break out on a separate fund to do so. “We see a lot of people upside to keeping it under the same roof,” according to Albert Wenger, managing partner at […] дальше »

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One of the Biggest VC Firms Says Cryptocurrency Can be Worth Trillions of Dollars

Union Square Ventures, a New York-based venture capital firm that oversees a billion dollars in capital, has revealed that it is investing in cryptocurrency and major digital assets like bitcoin as long-term investments. дальше »

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Andreessen Horowitz Has Launched a $300M Crypto Fund

Andreessen Horowitz has launched a $300 million crypto fund dedicated to investing in cryptocurrencies and other blockchain-related projects. The fund, named a16z crypto, signals that the firm is diving deeper into the cryptocurrency space to grow its existing portfolio, which includes digital currency exchange Coinbase. дальше »

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Paris Hilton’s Father to Auction $38 Million Roman Mansion Through Cryptocurrency

Paris Hilton’s father, Rick Hilton, chairman of Hilton and Hyland and the family namesake of the Hilton Hotels is selling a $38 million Roman mansion through a cryptocurrency auction. Known as the Palazzetto, the 16th-century Roman mansion is 17,363 square feet with 11 bedrooms, 15 bathrooms, and three full-sized kitchens. дальше »

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Crypto Hedge Fund Multicoin Valued at $75m After Fred Wilson’s VC Investment

Despite the recent decline of the cryptocurrency market, the promise of huge profits continues to lure investors to funnel some of their funds into these digital coins. Recently, the New York-based venture capital firm Union Square Ventures (USV) officially announced its investment in Multicoin Capital, which is a cryptocurrency hedge fund startup. дальше »

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Payments Company Square Receives New York Crypto License

Payment Company Square Inc. announced, on Monday, that it had received a BitLicense to operate in the state of New York. It has now become the ninth firm to receive a cryptocurrency license from the New York State Department of Financial Services (NYDFS). дальше »

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US Government to Release rypto Holdings and French are to Release Regulations on the Ico

Regulation In recent regulatory news, the United States Office of Government Ethics has issued a document advising employees of the U. S. executive branch to disclose their cryptocurrency holdings. Also Read: Financial Services Provider Square Acquires New York Bitlicense U. дальше »

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State of New York issues 7th BitLicense to Jack Dorsey’s Square

Financial services provider Square has got the NYSDFS 7th-ever BitLicense allowing New Yorkers to trade cryptocurrency on the rapidly growing Cash app. Square, a digital payments company, has been granted BitLicense from the New York Department of Financial Services (NYDF), which means formal approval of Square’s application for a virtual currency license. It was issued on дальше »

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Available on the Market: $42 Million Mansion (Cryptocurrency Only)

Are you in the market for a Roman mansion? The Crypto Palazzetto Rick Hilton’s Hilton & Hyland company is listing a 17,000 square foot Roman mansion for roughly $ 42 million. According to TMZ, the auctioning of this famous house in cryptocurrency represents a historical first and sets a new precedent. If you had the stacks, дальше »

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$42 Million Roman Mansion For Sale in Cryptocurrency

Are you a crypto-millionaire? How about a crypto-multi-millionaire? Are you in the market for a Roman mansion? If so, Hilton & Hyland has just the home you’re looking for.   The Crypto Palazzetto Rick Hilton’s Hilton & Hyland company is listing a 17,000 square foot Roman mansion for roughly $42 million. дальше »

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Financial Services Provider Square Acquires New York Bitlicense

The company Square announced on Monday the firm has been granted the Bitlicense from the New York Department of Financial Services (DFS). The firm and its ‘Cash App’ are now legally allowed to operate and utilize cryptocurrency solutions in the state of New York. дальше »

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Square secures New York State cryptocurrency license

New York State Financial Services Superintendent Maria T. Vullo today announced that the New York State Department of Financial Services (DFS) has approved the application of Square, Inc. , for a virtual currency license. дальше »

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Bitcoin Magazine’s Week in Review: Looking to the Past and the Future

South Korea just ruled that bitcoin is a legally recognizable asset, which is good news for investors, but not such good news for convicted criminals that had managed to hold onto their cryptocurrency in the past. дальше »

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