Square
Square’s Cash App Generated $1.8B in Bitcoin Revenue in Q3
The payments firm said bitcoin revenue and gross profit fell in the third quarter versus the prior quarter due to the relative stability in bitcoin prices.
Facebook, Square, PayPal and Others Told to Hand Over Payments Info to Consumer Finance Watchdog
The Consumer Financial Protection Bureau wants to see information about the payments products, plans and practices of Google, Amazon, Apple, Facebook, Square and PayPal.
Jack Dorsey: Square Considering Building a Bitcoin Mining System Soon
Ben Gagnon, chief mining officer at Toronto-based bitcoin miner Bitfarms, discusses the reactions and industry implications for Jack Dorsey's Square considering building a bitcoin mining system soon. Plus, insights into Bitfarms's growth strategy amid rising crypto mining expansion in the U.S. following China's mining ban.
Square to Consider Building a Bitcoin Mining System
CEO Jack Dorsey said if the payments service provider begins the initiative, it would follow the open-source model it is using to build a hardware wallet.
Coinbase Has Received the Third-Most Complaints Among Digital Wallet Firms
A report by a prominent consumer advocacy group reviewed complaints filed to the Consumer Financial Protection Bureau over a four-year period.
Twitter’s New Crypto Features Are a BFD
The social network’s new tip wallet and forthcoming NFT verification are game-changers - and a bulwark against attempts to co-opt a movement.
Square Joins Open Invitation Network to Limit Cryptocurrency Litigation
The network asks its members to pledge royalty-free access to patents for open source technology.
Square's Jack Dorsey Plans to Build Decentralized Bitcoin Exchange
Payment giant Square plans to build a decentralized bitcoin exchange via its new division focused on creating an open developer platform, with more details TBD, said CEO Jack Dorsey. "The Hash" squad unpacks the industry implications for Dorsey's latest crypto project and the possible hurdles for rolling out such a protocol.
What Square’s Expansion Means for Traditional Banking and Crypto World
Jack Dorsey’s Square, the point-of-sale (POS) payment processor and the parent company of Cash App has agreed to acquire installment-payment firm Afterpay for $29 billion in the push to offer cheaper, more responsible transactions. This comes on the heels of Cash App’s bitcoin revenue rising 200% in Q2 to $55 million.
Hong Kong Crypto Crime Surges, Tencent Launches NFT Platform
Crypto-related crimes surge to record levels in Hong Kong. Australia’s Afterpay to be acquired by Square. Chinese tech giant Tencent launches an NFT platform. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
