Cash App Introduces Paid in Bitcoin, BTC Roundup and Lightning Network Services

Cash App Introduces Paid in Bitcoin, BTC Roundup and Lightning Network ServicesAt the Bitcoin 2022 conference in Miami, Block, Inc., formerly Square, Inc., announced three new bitcoin services for the company’s mobile payment platform. The mobile payment platform Cash App will feature a “paid in bitcoin” service that allows users to auto-invest their work pay into bitcoin. Cash App Adds 3 New Bitcoin Services Jack Dorsey’s […]

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Fast-Food Chain Shake Shack Trials Bitcoin Rewards for Customers Using Cash App

Fast-Food Chain Shake Shack Trials Bitcoin Rewards for Customers Using Cash AppThe American fast-food restaurant chain Shake Shack is giving bitcoin rewards to customers leveraging Cash App’s debit card payment rail, Cash Card. According to Shake Shack, participants will get 15% of their purchase back in the form of bitcoin, and the crypto promotion will last until mid-March. Shake Shack Experiments With Bitcoin Trial to Lure […]

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Cash App’s Bitcoin Revenue Grew 119% in 2021, Gross Profit From BTC Rose 124%

Cash App’s Bitcoin Revenue Grew 119% in 2021, Profit Up 124%Popular mobile payment platform Cash App, developed by Jack Dorsey’s Block Inc., generated $10 billion in bitcoin revenue and $218 million in bitcoin gross profit in 2021. Compared to the previous year, the bitcoin revenue increased 119% while gross profit rose 124%. Cash App’s Bitcoin Business Block Inc., formerly Square Inc., released its Q4 2021 […]

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Heavyweight Champ Francis Ngannou Plans to ‘Take Half of His UFC 270 Purse Paid in Bitcoin’

Heavyweight Champ Francis Ngannou Plans to 'Take Half of His UFC 270 Purse Paid in Bitcoin'The reigning UFC Heavyweight Champion Francis Ngannou has announced the mixed martial artist has partnered with the payments firm Cash App and plans to take half of his UFC 270 purse in bitcoin. Ngannou told his 620,100 Twitter followers that he believes “bitcoin can empower people everywhere.” ‘Bitcoin Is the Future and I’m a Believer’ […]

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Payments Company Square Rebrands to ‘Block Inc.,’ Crypto Service Will Be Called ‘Spiral’

Payments Company Square Rebrands to 'Block Inc.,' Crypto Service Will Be Called 'Spiral'Following Jack Dorsey’s resignation announcement on Monday, two days later Dorsey’s payments company, Square Inc., disclosed that it was rebranding and changing its name to Block Inc. The company said the name Block has “many associated meanings” including the term “blockchain.” Square Changes Name to ‘Block’ — Square Crypto Rebrands to ‘Spiral’ On Wednesday, Square […]

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NFL Football Star Odell Beckham Jr Giving Away $1 Million in Bitcoin and Will Take His New Salary in BTC

NFL Football Star Odell Beckham Jr Giving Away $1 Million in Bitcoin and Will Take His New Salary in BTCU.S. football Star Odell Beckham Jr. is taking his new salary in bitcoin and is giving away $1 million in the cryptocurrency in partnership with Square’s Cash App. “To all my fans out there … I’m giving back a total of $1M in BTC right now,” he wrote. Football Star Odell Beckham Jr. Will Take […]

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