Square News and Articles

California-based financial services provider Square, owned by Jack Dorsey, has a new name, "Block". It will come into effect on Dec. 10. Accordingly, the name Square Crypto is changed. Now it is Spiral. As the team explains, the news indicates that Square gives the full brand to their...

CEO of American digital payments provider Square, Jack Dorsey said that the firm is thinking over the development of a Bitcoin mining system to provide more opportunities for individuals and enterprises to participate in the network. By doing so, Square will get closer to its hardware wallet model,...

One of the most crypto-friendly financial companies, Square, has officially announced its intention to expand the range and geography of its services through the acquisition of a large Australian firm. We are talking about the credit company Afterpay, the estimated value of which is $ 29 billion....

Cash App, developed by Jack Dorsey’s financial services company Square, published the results of the second quarter of 2021. The report shows that the company's BTC revenue has risen 200% reaching $2.72 B from $875 M. The gross income of BTC went up to $55 million from $17 million. This means a...

NY-based investment management ARK Invest has increased its stock holdings of the payments services company Square headed by Jack Dorsey. The company purchased a total of 225,937 shares as mentioned in its daily holding files. This move came a few days later after Twitter CEO Jack Dorsey shared the...

American financial services firm Square's CEO Jack Dorsey unveiled the building of a new platform TBD, which will deliver non-custodial, publicly available DeFi services. The network will join Seller, Cash App, Tidal and will maninly target BTC. Square is creating a new business (joining Seller,...

Financial services company Square restated the plans of launching its BTC hardware wallet. The director of hardware engineering at the firm, Jesse Dorogusker posted a series of tweets on July 8. He wrote the Square team intends to develop a hardware wallet to expand BTC adoption. People can ask...

Music, podcast, and streaming service Tidal, owned by payment company Square, will explore the possibility of using non-fungible tokens (NFT) on its platform. That was announced by Jack Dorsey and Jay-Z during a live broadcast on Twitter. In their opinion, the tool will allow artists to manage...

Cryptography and blockchain technology firm Blockstream and payments operations provider Square teamed up to create a solar-based Bitcoin mining facility. On June 5 Blockstream issued a blog post informing it received a $5 M investment from Square to provide the framework and arrange the project. ...

San Francisco-based financial services company Square intends to launch a Bitcoin hardware wallet. The company's CEO Jack Dorsey shared the news on Twitter. Dorsey says the building process from engineering to design is going to be open and with the community's cooperation. He posted series of...

On May 6, American financial services and digital payments company Square released a shareholder letter for the first quarter of this year. As the paper shows, Square's P2P payment solution Cash App generated $3.51 B of BTC revenue during Q1, 2021. For the same interval of the previous year,...

Square has announced its plan to become a zero-carbon company by 2030. This was announced in a press release from Square on December 8th. As part of the initiative, Square will provide $ 10 million to "support companies that are working to introduce and improve the efficiency of renewable...

One of the largest investment banks, JPMorgan, commented on earlier information about the decision of the IT company Square to invest in bitcoin. The financial giant believes this is another step towards popularizing the cryptocurrency industry. Recall that Square recently invested $50 million in...

One of the most successful technology companies Square informed about investing $50 million in bitcoin. The firm bought more than 4.709 coins. The owner of Square is Jack Dorsey, the CEO of Twitter and an enthusiastic supporter of BTC. The purchase made by Square forms nearly 1% of the company's...

Square payment network said that bitcoins and promotions are now on the menu of Cash App users who would like to “minimize the impact of market fluctuations.” Square's Cash App now allows users to make automated Bitcoin purchases at regular intervals. The Cash App already has a Bitcoin wallet,...

Square payment corporation got qualified permission from the US FDIC to open a bank for manufacturing lending. That was announced by the company's CEO Jack Dorsey. Square Receives Conditional FDIC Approval for Industrial Loan Charter Application for Deposit Insurance https://t.co/Sll1UzWVU6—...

The payment firm Square, as part of an initiative to develop a bitcoin network, provided financing to two developers. Grant time. We’ve got two going out today, plus instructions on how you can get your bitcoin project funded by us. Learn more about our grant process here:...

CEO of Twitter Jack Dorsey has always talked about Bitcoin as a future of currencies. In a statement made in 2018, he has even mentioned that Bitcoin will become the world's single currency. Still, he understands that there are some improvements in the leading cryptocurrency system that need to be...