Square’s Cash App & Grayscale Combined Consume Over 50% of Bitcoin’s Daily Supply

2020-5-7 17:57

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 […]

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Источник: bitcoinexchangeguide.com

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Bitcoin Scammers Impersonating Police Officers Are Duping Locals in Canada 

Police officers in Canada have begun to warn the public about an impersonation scam operation that seeks to defraud people of Bitcoin in nearby regions. According to a report by local news medium Voice on Oct 17, police claimed that they had gotten several reports about fraudsters who call locals, posing as the Canada Revenue Agency […] The post Bitcoin Scammers Impersonating Police Officers Are Duping Locals in Canada  appeared first on BeInCrypto.

2019-10-18 11:21


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Block Report: Cash App Bitcoin Sales Comes In At $1.73 Billion During Q1 2022

Block, formerly known as Square, announced on Thursday that its Cash App generated $1.73 billion in bitcoin purchases in the first quarter of 2022. Block Releases Q1 2022 Report On Thursday, Block Inc, the fintech company led by Twitter founder Jack Dorsey, missed market expectations for first-quarter profit as demand for bitcoin slowed owing to […]

Jack Dorsey’s Square Chooses Non-Aggression Patent Pact With OIN Membership

Continuing in its stride to engender the adoption of blockchain and cryptocurrencies in general, payment facilitator Square has joined the Open Invention Network (OIN). Square To Engender OSS Growth In a Tuesday release, Open Invention Network (OIN) – an organization focused on ensuring open-source software (OSS) – announced the recent addition of Square to its […] The post Jack Dorsey’s Square Chooses Non-Aggression Patent Pact With OIN Membership first appeared on BitcoinExchangeGuide.