Square Financial News
05.04 / 16:51
Blockchain
Fashion
DApp
Square
IOTA
Chainalysis
Bitcoin
bob
Lee
acquires
Today in Crypto: Police Looking for the Killer of MobileCoin Exec Bob Lee, MicroStrategy Acquires Additional 1,045 BTC, Fashion Giant Ralph Lauren Enables Crypto Payments in Miami Store
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
03.11 / 10:18
Square
Cash
Bitcoin
Q3
Jack Dorsey’s Block saw $5.62B in revenue and $44M in Bitcoin profit in Q3
Jack Dorsey-led Block, a Bitcoin-focused fintech company, published its third-quarter earnings report on Nov. 2 that revealed a profitable quarter for the firm, surpassing analyst estimates.
04.08 / 02:39
business
Investments
Square
cryptocurrency investment
Bitcoin
Block posts 34% increase in Bitcoin revenue in Q2 but shares stumble
Shares in payment technology firm Block Inc. tumbled after hours despite its second-quarter results beating earnings expectations, including a 34% year-on-year increase in Bitcoin (BTC) revenue.
09.06 / 06:03
business
Adoption
Binance
SEC
coinbase
Square
Bitcoin
Cathie Wood’s ARK loads up crypto bags, buys $19.9M Block shares
ARK Invest CEO Cathie Wood doesn’t appear to have been swayed by recent crypto regulatory action, after buying another $19.9 million shares of Block Inc. right after buying $21 million of shares in Coinbase.
05.05 / 15:11
Ethereum
Adoption
Legal
Square
Bitcoin
FCA
Today in Crypto: Voyager Might Start Fund Distribution in ‘Few Weeks’, Jack Dorsey’s Cash App Posts $2.16B in BTC Revenue for Q1, UK Continues Crypto ATM Crackdown
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
07.04 / 22:11
Dogecoin
business
Square
Crypto Biz: Twitter’s DOGE bet, Canada’s new crypto conglomerate, UK banking news
Twitter CEO Elon Musk has made another marketing move to bridge the social media platform with the crypto community by switching its logo icon to the Shiba Inu dog — Dogecoin’s (DOGE) digital symbol. The move, however, seems to be more than just an engagement strategy. It comes just two days after Musk asked a judge to dismiss a $258 billion lawsuit alleging the operation of a pyramid scheme to promote Dogecoin.
04.03 / 14:19
Adoption
Square
Lightning Network
lightning
Launch
Bitcoin
network
bitcoin lightning
Jack Dorsey’s TBD launches ‘C=’ to improve Bitcoin Lightning Network
TBD, a division of Block (formerly Square) led by CEO Jack Dorsey, launched a new venture named c= (pronounced c equals) to improve the Bitcoin Lightning Network through tools and services.
24.02 / 19:11
Binance
coinbase
Legal
Square
community
reports
500
Q4
Today in Crypto: US Fed Denies Custodia Bank’s Membership Request, Dapper Labs Lays Off 20% of Staff, Block Reports $1.66BN Profit for Q4, Binance Finds 500 ‘Incorrectly Classed’ Aussie Users
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today's crypto news.__________
23.09 / 15:09
11.08 / 17:01
05.08 / 06:27
business
Twitter
Square
Bitcoin
Jack Dorsey-led Block posts $1.5B in Q2 profits, BTC revenue down
Former Twitter CEO Jack Dorsey’s digital payments firm Block Inc. saw its year-on-year (YoY) profits soar 29% to $1.47 billion in Q2, though its Bitcoin business slumped on decreased customer demand and a fall in Bitcoin (BTC) prices.
30.06 / 23:13
coinbase
Kraken
Square
UK
Crypto Platforms Kick Off New Wave of Recruitment
Several major crypto companies have commenced a new wave of recruitment amid sour market conditions.
01.06 / 16:57
Ethereum
Survey
Square
Bitcoin
NOT
40% of Surveyed Lower-income Individuals Want to Use Bitcoin - Not to Make Money
A report from Jack Dorsey’s Block, Inc. (formerly Square) has concluded that bitcoin (BTC) will play an increasingly large role in the payment and remittance sectors – and that the more people’s peers own BTC, the more likely they are to invest.
01.06 / 07:41
Asia
Survey
Square
Bitcoin
The more you know about Bitcoin, the more optimistic you are: Block survey
A survey from digital payment company Block Inc. has found that the higher respondents rated their own level of cryptocurrency knowledge, the more optimistic they are about the future of Bitcoin (BTC).
19.05 / 17:13
Blockchain
Report
Square
Bitcoin
Jack Dorsey’s Block hits $1.3B in Q1 profits, $43M in BTC trading revenue
Block, the pro-Bitcoin (BTC) umbrella company that hosts Cash App, Square and Afterpay, continues its growth in 2022. According to its Shareholder letter, in the first quarter of 2022, gross profits are “up 34% year over year.”
19.05 / 15:19
Mining
Square
Lightning Network
Bitcoin
boost
Block Expects Bitcoin To Disrupt Legacy Payments, Boost Its Business
Fueled by the ongoing expansion of the Lightning Network, bitcoin (BTC) has the potential to disrupt the existing legacy payment networks the world over -- and Block, the payments company formerly known as Square,hopes to use the cryptocurrency to boost its presence across the globe.
04.03 / 19:55
Ethereum
Gaming
Square
Bitcoin
Shake Shack Bitcoin, Manchester OKX, New Crypto Investments + More News
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
25.02 / 14:47
Payments
coinbase
Square
Bitcoin
Q4
Block, Coinbase Release Positive Q4 Results Amid Growing Market Uncertainty
Payments giant Block has reported positive results for the fourth quarter of 2021, signaling an unexpectedly robust outlook for this year. At the same time, major crypto exchange Coinbasealso posted quarterly results that exceeded analyst expectations, but its expectations of a lower trading volume and monthly transacting users in the first quarter of 2022 brought its shares value down.
25.02 / 09:51
Twitter
Report
Square
Lightning Network
Q4
Block nets $1.18B Q4 gross profit marking a 47% YoY increase
Crypto-friendly digital payments tech firm Block, Inc. (formerly known as Square) posted $1.18 billion worth of gross profit in Q4, representing a growth of 47% over the same period in 2020.
14.01 / 13:19
Mining
Square
Bitcoin
Jack Dorsey’s Block Announces Bitcoin Mining System, Building the Core Team
Block, the payments company formerly known as Square and headed by Twitter founder Jack Dorsey, is building a Bitcoin (BTC) mining system and is hiring a team for it.
11.01 / 13:29
Square
Lightning Network
UK
Bitcoin
bitcoin lightning
Cash App Integrates Bitcoin Lightning Payments, LN Payments Company Gets UK Regulator's Approval
Ex-CEO of Twitter Jack Dorsey's mobile payment service Cash App has integrated Bitcoin (BTC) Lightning Network, a layer 2 scaling solution on top of the Bitcoin network designed to tackle the flagship cryptocurrency’s scalability issues.
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