Twitter & Square CEO Jack Dorsey Wants More Cryptocurrency Engineers for Crypto Project

Twitter & Square CEO Jack Dorsey Wants More Cryptocurrency Engineers for Crypto Project

During a recent interview, Square CEO Jack Dorsey – also the Chief Executive Office of one of the largest social media platforms on the planet Twitter – took the time to shed some light on what he has in stock for Square’s crypto project. Dorsey, who also doubles as the CEO & founder of Square – a payment processing company – explained that the company is taking its time to put together a team of…

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Square Sold Over $166 Million in Bitcoin in 2018, $52 Million in Q4 Alone

Square Sold Over $166 Million in Bitcoin in 2018, $52 Million in Q4 Alone

Because of the ongoing bear market, the crypto space has had a rather gloomy atmosphere. Fear of low profits and ROI were sounded by companies across the market. However, as companies reveal the stats of their Q4 2018 run, the results have shown that the market was not as brutal as everyone was expecting it to be. The belief has been supported especially after the US-based payment platform Square reported $166 million in Bitcoin sold…

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Buying Bitcoin via Square Cash App Is Now Possible in All 50 States in the U.S.

Buying Bitcoin via Square Cash App Is Now Possible in All 50 States in the U.S.

A couple of months ago, the popular mobile payment application Square Cash App has finally become open for Bitcoin-business in New York. Now, buying Bitcoin through the Cash App is possible in the entirety of the U.S.; but let’s be honest here, there’s less interest in Bitcoin-related operations in Georgia, Wyoming and Hawaii (the last few states in which purchasing Bitcoin via the Cash App hadn’t been possible) than in the Big Apple. But, still,…

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Square Doubles its Bitcoin Net Profit in Q2, But Still Sees It as Long-Term

Square Doubles its Bitcoin Net Profit in Q2, But Still Sees It as Long-Term

When the mobile payment company Square has begun allowing Bitcoin payments at the beginning of the year after several months of experimenting, its CEO Jack Dorsey explained that they implemented the cryptocurrency “because we see it as a long-term path towards greater financial access for all.” Well, it certainly looks like this move is starting to pay off. The company reported (PDF) that during the second quarter of 2018 (Q2), the company earned a net…

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