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PortuguêsA source close to Plaid — the company that serves as a “data plumber” to Coinbase, Robin Hood, Square’s Cash App and many others — denied all allegations of the class-action complaint…
Continue ReadingJune 25, a new class action was filed in California against fintech startup Plaid, which was acquired by Visa for $5.3 billion earlier this year. The plaintiffs allege that Plaid…
Continue ReadingFintech giant PayPal plans to roll out direct sales of cryptocurrency to its 325 million users, according to three people familiar with the matter. Currently, PayPal can be used as…
Continue ReadingU.K.-based cryptocurrency platform Ziglu has launched, following a £5.25 million (US$6.6 million) seed round. As a starting point, the platform aims to painlessly put crypto in the hands of consumers.…
Continue ReadingA mobile subsidiary of Jack Dorsey’s payments company Square now allows users to make automatic purchases of bitcoin. Dorsey said on Twitter – that other company he runs – that…
Continue ReadingTwitter CEO Jack Dorsey’s Square now allows its users to buy Bitcoin (BTC) automatically in the latest push to boost uptake of the largest cryptocurrency. Confirmed by Dorsey on Twitter…
Continue ReadingSquare’s Cash App reported Wednesday, that bitcoin (BTC) revenue during the first quarter of the year, soared 367% to $306 million from $65 million a year ago. Quarter-on-quarter, the figure…
Continue ReadingSquare’s Cash App and asset manager Grayscale consumed over 50% of newly issued Bitcoin (BTC) in Q1 2020, a new report shows. Australian fund manager ListedReserve tweeted a calculation based…
Continue ReadingBitcoin has flippened USD on Square’s Cash App, sort of. As reported in the publicly traded fintech company’s first-quarter earnings Wednesday, Cash App brought in $222 million on all its…
Continue ReadingOn May 6, Square released its filings for the first quarter of 2020. The filings publicized revenue for Square’s Cash App, a majority of which came from Bitcoin. The numbers…
Continue ReadingComing every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions…
Continue ReadingSquare Capital, a crypto-friendly payment firm founded by Twitter CEO Jack Dorsey, is purportedly among the first Bitcoin (BTC)-related companies joining the United States federal emergency lending program. The firm…
Continue ReadingThe bitcoin-friendly company behind Cash App, Square, announced Monday it is participating in the U.S. government’s emergency Paycheck Protection Program. This $350 billion lending program for small businesses provides loans…
Continue ReadingSquare’s Cash App is allowing U.S. citizens and residents who don’t usually file a tax return to direct forthcoming government stimulus payments to the mobile payments application. The move comes…
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