Square’s Cash App Reports A 600% YOY Increase In Bitcoin Revenue

Quick Read Square’s Cash App reported $875 million in Q2 Bitcoin revenue with $17 million in Bitcoin gross profit. Fintech giant Square released its quarterly financials Tuesday evening after the market close. The shareholder letter noted that Square’s Cash App…

Bitcoin Black Friday 2020 Will Host Major Discounts For BTC Payments

Visit the original article* Before Bitcoin was a movement, it was a digital currency. While the store-of-value aspect of Bitcoin gets highlighted often, the permissionless payments side often doesn’t receive the attention it deserves. In 2012, Jon Holmquist embraced the…

US-DOJ Executes Seize Warrant For 482BTC From Alleged Ponzi Scheme

The US-DOJ executed a seizure warrant for 482 Bitcoins and an additional 1.7 million USDT from an alleged Ponzi scheme administrator as we are reading more in the upcoming crypto news. The US-DOJ, (United States Department of Justice) filed a…

Top 5 DeFi Coins – DeFi Closes In On $4.5 Billion in TVL!

The relatively nascent, but incredibly growing and highly rewarding field of Decentralized Finance (DeFi) is currently closing in on $4.5B total value locked (TVL). At the time of this writing, the DeFi TVL has reached $4.27B and the biggest DeFi…

Institutions that want in on DeFi are buying Ethereum first: fund manager

Decentralized finance has attracted much interest from all corners of the world in recent months. This is for good reason: coins pertaining to this space — such as Chainlink, Synthetix Network Token, and THORChain — have literally gone parabolic in…

Bitfinex Announces $400 Million Reward For Hacked Bitcoin Recovery

Bitfinex will be awarding $400 million for the successful recovery of bitcoins lost in the infamous August 2016 hack. The offer is also open to the hackers themselves who pilfered around 120,000 BTC, worth $1.3 billion (at today’s rates). Bitfinex:…

Hackers Steal Over $1.3M from European Crypto Trading Platform

A European cryptocurrency trading platform called 2gether was recently targeted by an unknown group of hackers. These bad actors stole over 1.183 million Euros ($1.39M) from the service’s investment accounts in a cyberattack on July…

Oracle Solution DOS Network Teams Up With Meter Stablecoin Network

Working as a potential decentralized oracle solution for mainstream blockchains, DOS Network has entered into a strategic partnership with Meter, a leading permission-less, fully decentralized stablecoin currency network. The news about the collaboration was broadcasted by DOS Network on its…