Cryptocurrency Analysis and News Portal
Square’s Bitcoin (BTC) revenue continues to grow, even as the popular payments app lowers its first-quarter revenue estimates by $800 million due to the coronavirus crisis.According to a company announcement on March 24, COVID-19 was not a factor in the company’s growth until around 10 days ago:“While the beginning
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The U.S. Federal Deposit Insurance Corporation (FDIC) has granted conditional approval for Square to function as an Industrial Loan Company (ILC). FDIC Grants Square’s Deposit Insurance Application According to a press release issued on Wednesday (March 18, 2020), the FDIC Board approved Square’s deposit insurance application to create a “de novo industrial
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Square Crypto, the payments company launched by Twitter founder Jack Dorsey, is now officially supporting Bitcoin (BTC) development through a grant program. This formalizes the already significant contributions made by the company toward the cryptocurrency.Through a March 4 announcement, the company announced that the Square Grants program would be
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Details from Square’s recent shareholder letter show that the company sold $517 million worth of Bitcoin in 2019 with sales of the top cryptocurrency accounting for about half of its revenue in Q4 of last year. Bitcoin Accounts for Half of Square’s Q4 2019 Revenue According to the company’s statement on
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You Won't Like Square Enix's PS5 and Xbox Series X Plans Square Enix, the studio behind games like Tomb Raider, won't be developing exclusive next-gen PS5 and Xbox Series X titles from scratch. Published: February 27, 2020 7:26 AM
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A new campaign has been announced for the Kingdom Hearts Union χ app. Despite being included in the app, Square Enix claims this is an entirely “new” game. If this is one of the new games that we were promised, then the future of Kingdom Hearts is bleak. The
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Transparent Financial Systems, a Seattle-based startup developing a real-time "cryptographic settlement" network, has closed a Series-A funding round that raised over $14 million. Led by Pantera Capital and with participation from Jack Dorsey’s Square, FuturePerfect Ventures, DCG and more, the funding round is in addition to the $8 million in seed
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The new team would follow a model similar to Square Crypto, a bitcoin-focused entity separate from Dorsey's fintech unicorn Square. Likewise, the new Twitter entity would focus on open standards for decentralized processes across social platforms, rather than proprietary structures. Although Dorsey didn’t directly associate the disparate efforts, he hinted
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Despite claims that ZmnSCPxj is an anonymous individual, Lightning developers likely know his identity. The individual attended October’s Lightning Conference in Berlin, giving a presentation during the conferences second day. The developer also appears to have spoken to others, such as c-Lightning’s Rusty Russel under Chatham House rules. Source
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Before 2019 runs out, Square has announced that it will begin fractional share investments via its Cash App.Financial services and mobile payment company Square has just announced a new investment feature that allows users to make even the smallest investments through its Cash App. According to the San Francisco-based company,
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