Cash App
Block’s Q1 Bitcoin Revenue Rises 18% From Q4, Gains 25% From a Year Ago
The company booked $50 million in bitcoin gross profit in the first quarter..
Block’s Q4 Bitcoin Revenue Fell 7% Year Over Year to $1.83B
For the full year, Block’s bitcoin revenue declined 29% from 2021 due to the fall in the price of bitcoin, the company said.
Jack Dorsey's Block Sees Drop in Bitcoin Revenue as Consumer Demand, Crypto Prices Slump
Block cited declines in consumer demand and the price of bitcoin for its bitcoin-based revenue decline.
Bitcoin: When Lightning Strikes
Lightning Labs Director of Business Development Ryan Gentry, Blockstream's Lightning Protocol Engineer Lisa Neigut and Miles Suter, Crypto Product Lead at Cash APP join Consensus 2022 to introduce the Lightning project. Moderator: George Kaloudis, Research Analyst, CoinDesk
Block Sees Bitcoin Disrupting Payments Networks, Expects Self-Custody to Grow
CFO Amrita Ahuja said the crypto could become a "global currency for the internet."
Block’s Stock Would Shine if It Not for Its Link to Bitcoin, Mizuho Says
The company's fundamentals are improving, the investment bank said.
Block's Cash App Rolls Out Service to Automate Getting Paid in Bitcoin
Users will be able to invest a percentage of their paycheck in the cryptocurrency.
How Shake Shack Is Trying to Capture Younger Consumers by Offering Bitcoin Rewards
In a promotion intended to attract younger customers, burger chain Shake Shack is offering customers 15% back in bitcoin on any purchase made with Cash Card, a debit card available to Cash App users.
Block Tops Q4 Estimates, Posts Nearly $2B in Bitcoin Transactions
The payments firm formerly known as Square took note of a slowdown in business in January due to the Omicron variant, but a growth recovery thus far in February.
Block’s Cash App Is Finally Integrating the Lightning Network
First promised back in 2019, Block’s move will allow users to quickly send bitcoin to each other for free,