Payments processing firm Square is rebranding to Block, a move likely to increase its influence and contributions to blockchain technology. The name change is accompanied by a joining of five…
Browsing: Square Cash App
Square-owned Cash App has posted a 23 percent drop in Q3, 2021 Bitcoin-generated profits, which it attributes to BTC’s “relative stability.” Cash App, however, registered an increase in profits year-over-year…
Square’s gross profit from Bitcoin and other cryptocurrencies jumped from $17 million to $55 million. Square’s Bitcoin impairment losses stood at $5 million amid a sharp correction in BTC price…