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Square
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."
Square's Cash App Q2 Bitcoin Revenue Rose 200%, Takes $45M Bitcoin Impairment Loss
Cash App's bitcoin gross profit rose to $55 million, Square said in its second-quarter letter to shareholders.
Are GBTC Unlockings Bullish or Bearish for Bitcoin?
As investors anticipate one of the largest Grayscale Bitcoin Trust (GBTC) unlocking periods due this weekend, CoinDesk's Christie Harkin and Brad Keoun discuss whether the unlock will be bearish or bullish for bitcoin's price. "In all things being equal, it's probably positive for bitcoin," Keoun said. Plus, Square is potentially launching a new bitcoin platform for decentralized financial services.
Square to Create New Bitcoin Platform for Decentralized Financial Services
Payments services firm Square will open a new business focused on creating an “open developer platform” to make it easier to provide non-custodial, decentralized financial services, CEO Jack Dorsey said Thursday in a series of tweets. The division’s “primary focus” would be bitcoin.
Square to Create New Bitcoin Platform for Financial Services
CEO Jack Dorsey tweeted the still to-be-named division's "primary focus" would be bitcoin.
Square Is Building Bitcoin Hardware Wallet
“We’re doing it,” Twitter CEO Jack Dorsey announced Square is building a bitcoin hardware wallet. "The Hash" hosts react to Square's move into hard wallet. Co-host William Foxley raised questions on the high saturation of the hardware market, saying, “I don’t understand why Square wouldn’t emphasize building options in Cash App. If they’re going for convenience, they have Cash App; a lot of features to add there to make it more robust.”