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Cash App – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Fri, 17 Jan 2025 00:33:31 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png Cash App – DIGIT INFO https://www.digit.info 32 32 Phantom crypto wallet raises $150M in Series C at $3B valuation https://www.digit.info/phantom-crypto-wallet-raises-150m-in-series-c-at-3b-valuation/ Fri, 17 Jan 2025 00:33:31 +0000 https://www.digit.info/phantom-crypto-wallet-raises-150m-in-series-c-at-3b-valuation/

Phantom said the $150 million funding round accelerates Phantom’s mission to become the world’s biggest consumer finance platform.

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Tap and Pay crypto coming to Coinbase Wallet, L2 interoperability in months https://www.digit.info/tap-and-pay-crypto-coming-to-coinbase-wallet-l2-interoperability-in-months/ Thu, 14 Nov 2024 00:41:29 +0000 https://www.digit.info/tap-and-pay-crypto-coming-to-coinbase-wallet-l2-interoperability-in-months/

Jesse Pollak, the creator of the Ethereum layer-2 network Base, expects the Coinbase Wallet feature to be available for users in 50 countries by the end of 2025.

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Block Inc’s Bitcoin revenue stagnates in Q3, shares drop 12% on revenue miss https://www.digit.info/block-incs-bitcoin-revenue-stagnates-in-q3-shares-drop-12-on-revenue-miss/ Fri, 08 Nov 2024 01:21:52 +0000 https://www.digit.info/block-incs-bitcoin-revenue-stagnates-in-q3-shares-drop-12-on-revenue-miss/

Block missed its revenue estimates for Q3 and said it is “winding down” its DeFi business to shift money into its Bitcoin mining and wallet businesses.

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ARK Invest sells $31M in shares of Jack Dorsey’s Block https://www.digit.info/ark-invest-sells-31m-in-shares-of-jack-dorseys-block/ Tue, 29 Oct 2024 09:01:40 +0000 https://www.digit.info/ark-invest-sells-31m-in-shares-of-jack-dorseys-block/

Jack Dorsey’s Bitcoin-friendly financial services firm Block saw its stock rally 13% in October, coming in line with bullish market action.

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7 Indicted in $300,000 Queens Bitcoin Theft, Say Prosecutors https://www.digit.info/7-indicted-in-300000-queens-bitcoin-theft-say-prosecutors/ Wed, 14 Aug 2024 11:20:28 +0000 https://www.digit.info/7-indicted-in-300000-queens-bitcoin-theft-say-prosecutors/ Read more]]> Seven Indicted in $300,000 Queens Bitcoin Theft, Say ProsecutorsSeven individuals have been indicted for stealing over $300,000 in bitcoin from a Queens resident. The charges against them include grand larceny, money laundering, and identity theft, stemming from a lengthy investigation into a cryptocurrency wallet hack. Using advanced hacking techniques, the group allegedly stole the bitcoin and now face potential sentences of five to […]

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Queens Bitcoin Heist: Seven Charged With Grand Larceny and Money Laundering https://www.digit.info/queens-bitcoin-heist-seven-charged-with-grand-larceny-and-money-laundering/ Sun, 11 Aug 2024 03:46:07 +0000 https://www.digit.info/queens-bitcoin-heist-seven-charged-with-grand-larceny-and-money-laundering/ Read more]]> Seven individuals have reportedly been indicted on charges of grand larceny, money laundering, and identity theft for stealing $300,000 in bitcoin from a Queens auto body shop owner. The victim’s 5.75 BTC, originally valued at $92,000, was taken by 20-year-old Aaron Peterson Jr. in November 2022 and later used to purchase luxury items, including a […]

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Jack Dorsey’s Block to use 10% of Bitcoin profit to buy BTC every month https://www.digit.info/jack-dorseys-block-to-use-10-of-bitcoin-profit-to-buy-btc-every-month/ Thu, 02 May 2024 23:52:22 +0000 https://www.digit.info/2024/05/02/jack-dorseys-block-to-use-10-of-bitcoin-profit-to-buy-btc-every-month/

Block, Inc. co-founder Jack Dorsey told shareholders its Bitcoin-buying plan during an earnings call, saying its an “investment in a future where economic empowerment is the norm.”

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Block, Inc. Q1 results top estimates, shares jump after-hours https://www.digit.info/block-inc-q1-results-top-estimates-shares-jump-after-hours/ Thu, 02 May 2024 21:46:01 +0000 https://www.digit.info/2024/05/02/block-inc-q1-results-top-estimates-shares-jump-after-hours/

Block’s first-quarter 2024 results beat Wall Street analyst estimates on earnings and revenue which saw its share price surge after the bell.

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US probes Jack Dorsey’s Block, Inc. over financial transactions: Report https://www.digit.info/us-probes-jack-dorseys-block-inc-over-financial-transactions-report/ Thu, 02 May 2024 02:42:48 +0000 https://www.digit.info/2024/05/02/us-probes-jack-dorseys-block-inc-over-financial-transactions-report/

U.S. prosecutors are reportedly investigating the fintech firm after a whistleblower claimed it processed thousands of transactions for users from sanctioned countries and terrorist groups.

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Block Unveils Bitcoin Conversion Feature for Square Merchants  https://www.digit.info/block-unveils-bitcoin-conversion-feature-for-square-merchants/ Thu, 25 Apr 2024 01:35:44 +0000 https://www.digit.info/2024/04/25/block-unveils-bitcoin-conversion-feature-for-square-merchants/ Read more]]> On Wednesday, Block, the financial services firm, disclosed that merchants using Square can convert their daily sales into bitcoin through the Cash App. Block’s founder, Jack Dorsey, revealed this update on X, and as of today, merchants have the option to transfer between 1-10% of their Square-generated earnings into bitcoin, the leading crypto asset by […]

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