Blockchain & Crypto Archives - Page 166 of 298

Square’s 2019 Bitcoin Sales Touch $516 Million

February 27, 2020

Mobile payments startup Square on Wednesday reported that its CashApp generated over $178 million in revenue from the purchase of Bitcoin in the fourth quarter of 2019, making a profit of $3 million. This is...

Steemit Moves To Limit Justin Sun’s Influence After Its Acquisition

February 26, 2020

Justin Sun, the founder of TRON, has announced he was going to acquire Steemit earlier this month, and shortly after those currently running the Steem blockchain executed a soft fork to limit his voting inf...

Lebanese Citizens Turning To Bitcoin While Facing Severe Financial Crisis

February 26, 2020

Lebanese citizens are increasingly turning to bitcoin in order to move funds in and out of the country. According to a report by Middle East Monitor, the Lebanese are using bitcoin and other crypto assets to...

Warren Buffett Donated The Almost $40,000 Worth Of Cryptocurrency Justin Sun Gave Him

February 26, 2020

FortuneZ reported that Warren Buffett doubled down on his anti-bitcoin approach, calling the cryptocurrency “worthless” and bashing it by saying its economic impact was to reduce demand for suitcases. His ...

Bitcoin.com Taps Crypto2Cash to Increase Liquidity

February 26, 2020

Digital asset liquidity provider Crypto2Cash on Thursday announced its partnership with Bitcoin.com to provide its users cash-out services. As seen on its website, the Dutch service provider supports a total...

JPMorgan Chase’s Softens Up Towards Cryptocurrency

February 25, 2020

JPMorgan Chase & Co. (aka "JP Morgan") is the largest bank in the U.S., the sixth largest bank in the world by total assets of around US$2.687 trillion, and the world's most valuable bank by market capita...

Warren Buffett Bashes Bitcoin As Worthless, Even After Dinner With Justin Sun

February 25, 2020

The CEO of Berkshire Hathaway Warren Buffett has once again bashed bitcoin, calling the cryptocurrency “worthless,” even after having dinner with TRON founder Justin Sun. During an interview with CNBC, the...

Wikipedia Co-Founder Jimmy Wales Calls Crypto Integration ‘Insane’

February 25, 2020

Wikipedia co-founder Jimmy Wales said that it would be “insane” to integrate blockchain or cryptocurrency into the encyclopedia platform. Speaking at the CoinGeek Conference, Wales claimed that he has yet to...

Shopify Joins Libra Association After Exodus of Payment Giants

February 24, 2020

While Facebook’s Libra Association is seeing an exodus of its initial partners, e-commerce giant Shopify has become its latest member. Announced on Friday on Shopify’s official blog, the Ottawa-headquartered...

New Jersey Bill Seeks Mandatory Licensing for Crypto Firms

February 24, 2020

A New Jersey lawmaker has introduced a bill seeking to mandate licensing for crypto businesses operating in the state. Dubbed the Digital Asset and Blockchain Technology Act, the bill has been introduced as ...