Square

Bitcoin

Market Wrap: Bitcoin Surges on Square News to $10.9K; December Ether Options Pile Up

Bitcoin’s price jumped on news of payments firm Square’s investment while traders have amassed over $165 million in ether options open interest for December expiration.

Markets  ·  8 October 2020
Podcasts

The Market Reacts to Square’s $50M Bitcoin Buy

Reactions from Bitcoin Twitter and beyond as Square puts 1% of its treasury assets into bitcoin.

People  ·  8 October 2020
CoinFlash

Square Puts 1% of Total Assets in Bitcoin in Surprise $50M Investment

Jack Dorsey's payments company is the second publicly traded firm to put some portion of corporate reserves into bitcoin, following MicroStrategy's $425 million all-in bet.

News  ·  8 October 2020
CoinFlash

Square Forms Group to Stop Patent Hoarding From Stifling Crypto Innovation

Square said the Cryptocurrency Open Patent Alliance (COPA) will allow companies to access and share tech innovations with one another.

News  ·  10 September 2020
CoinFlash

Square Reports 600% Increase in Quarterly Bitcoin Revenue

Jack Dorsey's Square has seen one of the largest quarterly increases yet for its bitcoin business.

News  ·  5 August 2020
CoinFlash

Jack Dorsey’s Cash App Sponsors NASCAR Driver Bubba Wallace

The NASCAR driver has a new sponsorship deal with Jack Dorsey's Cash App. His car will sport the bitcoin logo at race events.

Business  ·  15 July 2020
Coinbase

PayPal, Venmo to Roll Out Crypto Buying and Selling: Sources

Fintech giant PayPal plans to roll out direct sales of cryptocurrency to its 325 million users, according to three people familiar with the matter.

Business  ·  22 June 2020
Exchanges

Just-Launched Ziglu Wants to Make It Stupid Easy to Buy Crypto

U.K.-based cryptocurrency platform Ziglu has launched, following a $6.6 million seed round.

Business  ·  15 June 2020
Square

Square Unveils Bitcoin Auto Payments Tool

Jack Dorsey's mobile payments company Square allows users to set up automatic bitcoin payments.

News  ·  20 May 2020
Earnings Reports

Bitcoin Revenue in Square’s Cash App Tops Fiat Revenue for First Time in Q1

Bitcoin profit through Square’s Cash App was $7 million in the first quarter of 2020. It earned $8 million in bitcoin profit through the whole of 2019.

Business  ·  6 May 2020
Banks

US Treasury Approves Square as Coronavirus Stimulus Lender

Square, the bitcoin-friendly company behind Cash App, announced Monday it is participating in the U.S. government’s emergency Paycheck Protection Program.

Business  ·  13 April 2020
Banking

Payments Unicorn Square Gets Limited Bank Charter for Merchant Lending

Square Financial Services was given conditional approval by the FDIC Board for an Industrial Loan Company bank charter on Wednesday.

News  ·  18 March 2020
Bitcoin

Bitcoin Drove Half of Square’s Cash App Revenue in the 4th Quarter

Square reported bitcoin revenues of $178 million between Nov. 1 and Dec. 31, 2019, with profits of $3 million, up 50 percent over the prior two quarters.

Business  ·  26 February 2020
Bitcoin

Why Cypherpunk Witches Love Bitcoin

Cryptocurrency lets modern-day witches transact beyond the grasp of restrictive e-commerce platforms.

People  ·  10 February 2020
Funding Rounds

Pantera, Square Join $14M Series A for Real-Time Payments Startup Transparent

The Seattle-based Transparent sets out to bring real-time settlement to financial infrastructure through a cryptographically secured, distributed payment network.

Business  ·  5 February 2020