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Latest Cash App News
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Global digital banking firm, PDX Global, plans to launch a live test for PDX Beam, a platform that can convert thousands of cryptocurrencies to fiat and deliver cash transactions in seconds. PDX Beam is set to become the first ever…
BTC
Bitcoin
Follow-up
Cash App is ending its Bitcoin transfer by user tags feature months after federal investigations into Block’s compliance practices, sparking concerns about the app’s ability to handle risks. Cash App, a popular mobile app known for peer-to-peer payments, investing, and…
BTC
Bitcoin
News
The U.S. Attorney's Office is examining the financial transactions of Jack Dorsey's Block.
News
Jack Dorsey-led Block generated $2.52 billion in total Bitcoin (BTC) sales to customers in the fourth quarter of 2023, up 37% year-over-year. Additionally, Block received $207 million in overvalued Bitcoin assets. At the end of last year, Block had about…
BTC
Bitcoin
Feature
In the wake of a damning report by short-selling firm Hindenburg Research, Jack Dorsey’s Block Inc. (SQ) faced its worst week in over three years. Hindenburg’s allegations, centered around overstated user numbers and involvement in criminal activity, have sent shockwaves…
News
CashApp users in the U.S. can now send and receive Bitcoin quickly and cheaply after the platform's integration of the Lightning Network.
News
Burger chain giant Shake Shack Inc is taking advantage of the cryptocurrency wave by offering bitcoin as a reward for purchases made using Cash App wallet.
News
Square is planning to develop a new platform for decentralized finance called ”TBD.” The company’s CEO, Jack Dorsey, made the news public through a tweet. Non-custodial DeFi Platform Jack Dorsey announced the development on Thursday, July 15, on Twitter with…
News
PayPal will begin allowing U.S. consumers to utilize their crypto holdings to make payments at millions of its online merchants globally, a move that could significantly uplift the use of digital assets in everyday commerce. A Convenient Route for U.S…
News
The social media giant Twitter, on Mar 1, announced a $1.25 billion convertible bond offering. Anthony Pompliano now speculates Jack and his team may be preparing to allocate a portion of funds raised to Bitcoin, following MicroStrategy’s route. Will Twitter…
News
Square’s Cash App’s revenue from bitcoin continues to rise exponentially as FOMO sets in amid increasing BTC price. Bitcoin is the King According to Square’s third-quarter report, Cash App’s revenue generated in the form of bitcoin skyrocketed over $1.63 billion.…
News
More companies are expected to join the bitcoin (BTC) bandwagon. JPMorgan Bullish on Bitcoin Banking titan JPMorgan expects more companies to follow Square’s Cash App by introducing support for payments in the premier cryptocurrency. Several analysts at JPMorgan are hopeful…
News
Jack Dorsey’s Square has announced on August 4, 2020, that it generated a massive $875 million in bitcoin (BTC) revenue via its Cash App platform in the second quarter of 2020. The firm’s report shows that over 30 million people…
News
Square’s Cash App recently added a new feature that will enable automatic recurring Bitcoin purchases on its platform. Also, users can now change their display to satoshi on the Cash App platform. Stacking Sats Frequently on Cash App The CEO…
News
Square, a mobile payments platform, recently announced the addition of a new feature that would enable users to deposit their COVID-19 stimulus payment to its bitcoin-friendly Cash App. Square’s Cash App Now Allows COVID-19 Stimulus Package Deposits According to a…
News
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…
