Square
Four businesses with exposure to the crypto industry experienced some volatility on Thursday, with investors balking at mixed Q2 earnings
The tech executive was reportedly stabbed in the early hours of Tuesday in Rincon Hill, San Francisco
Share prices for Block jumped more than 40% to a high of around $118 per share before cooling slightly to around $109
Through COPA, Meta pledged to not enforce its core cryptocurrency patents against any individual or company, except for “defensive reasons”
The move marks a significant first for the country to list a crypto-related company
Lightning Network is a decentralized protocol that uses smart contracts on top of blockchain-based cryptocurrencies like bitcoin
Square subsidiary TBD unveils the tbDEX whitepaper, while ETH has outperformed BTC since yesterday’s broader market sell-off
The company’s bitcoin revenue was an 11% increase year-over-year. Bitcoin gross profit was $42 million, approximately 2% of bitcoin revenue.
The company has raised a total of $299 million to date with the latest $210 million, Blockstream’s chief strategy officer told Blockworks.
Square said in shareholders letter that its bitcoin gross profit jumped to $55 million from $17 million a year prior while crypto-related revenue hit $2.72 billion
Mizuho Securities equity analyst says buying Square could be like buying JP Morgan in 1871
The decision was announced in a tweet by Jesse Dorogusker, the hardware lead and TIDAL lead at Square.