Square News

Square, Inc. is a financial services and mobile payment company founded in 2009 by Twitter developers Jack Dorsey and Jim McKelvey and is headquartered in San Francisco, California. Square has various products for businesses and individuals. The most noticeable of them are Square Cash and Square Point of Sale (Square POS). The Square Cash app is a mobile payment service application that has recorded 7 million active users in February 2018. Square Cash enables fiat transactions to bank accounts and debit cards. Square Cash also offers Bitcoin purchases and transfer to other users. Square POS is an application for inventory management and business analytics. Square is available in Canada, Australia, the U.K., the U.S. and Japan. It has a strong financial performance and rates of growth, gradually expanding and acquiring new businesses.

Over 9,500 people around the world were surveyed for Block’s 2022 Bitcoin report, which showed that more optimistic individuals possessed a greater self-reporte...
The more you know about Bitcoin, the more optimistic you are: Block survey
Jesse Coghlan
Despite the fact that the Bitcoin price trended down over Q1, the Block ecosystem of payment solutions with Bitcoin in mind performed well.
Jack Dorsey’s Block hits $1.3B in Q1 profits, $43M in BTC trading revenue
Joseph Hall
In total, Block generated $4.42 billion worth of gross profit in 2021 marking a total YoY growth of 62%, however, net profit totaled just $77 million.
Block nets $1.18B Q4 gross profit marking a 47% YoY increase
Brian Quarmby
The layer-two protocol addresses the historic limitations of Bitcoin to improve speeds while reducing transaction fees.
Cash App integrates Bitcoin Lightning Network for faster BTC transfers
Arijit Sarkar
“It’s as easy as sending cash, and you don’t need to own stock or Bitcoin to gift it,” said Cash App, allowing transfers as low as $1.
Block's Cash App will allow users to gift BTC for the holidays
Turner Wright
Breaking news
“Block is a new name, but our purpose of economic empowerment remains the same. No matter how we grow or change, we will continue to build tools to help increas...
BREAKING: Square rebrands to Block as focus shifts to blockchain
Turner Wright
Breaking news
The twice-serving CEO said his departure was due to the company being “ready to move on from its founders.” Dorsey has not announced any future plans.
Jack Dorsey has stepped down as Twitter CEO
Turner Wright
1 million Ether has been burned since the London hard fork, Square released a beta white paper for a decentralized exchange and Grayscale predicted a $1-trillio...
Finance Redefined: 1M ETH burned since EIP-155 and Dorsey drops tbDEX white paper, Nov. 19–26
Tom Farren

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