In the second quarter of 2019, Square's revenue through the Cash App was $ 125 million, which is almost two times higher than in the first quarter. This is evidenced by the data of financial statements published by the company. Total Cash App revenue for the second quarter was $ 260 million, and gross profit reached $ 2 million. Square representatives tied an improvement in financial […]
Telegram
Internet browser Brave with enhanced privacy features has completed beta testing of the function that allows you to send donations to various online services, such as Twitter. Users can customize the sending of one-time or regular donations to their favorite authors in Basic Attention Token (BAT) tokens. Thus, browser developers intend to stimulate the creation of useful content. Also, the creators of Brave promised to allocate 100,000 BAT as grants […]
Walmart, the largest US retailer, is supposedly developing its own digital currency. It is reported by The Block, referring to the new patent application of the company. For example, in the application posted on the website of the United States Patent and Trademark Office, the application states the method of “generating one digital currency by linking it to a traditional currency”. The document also indicates that the new coin is based on […]
The draft law “On digital financial assets” should be adopted before November 1, 2019. Such an instruction to the Ministry of Finance and the State Duma was given by the Prime Minister Dmitry Medvedev, reports RNS with reference to the minutes of the meeting with the head of government. The head of the State Duma Committee on the Financial Market, Anatoly Aksakov, who attended the meeting with the Prime Minister, confirmed the information. “At the meeting it was announced that before 1 […]
Bitfinex Cryptocurrency Exchange and Tether company complained that they had already spent about $ 500,000 on the collection of documents requested by the New York State Attorney General’s Office (NYAG). Nevertheless, the prosecutor's office does not consider their demands too burdensome, reports CoinDesk. Thus, in a letter to the court, the department notes that it requested only the information from the defendants that “should be ready […]
Analysts of The Block analyzed the development of 57 ICO-projects, which together attracted about 8.2 million ETH. They found that, since the closure of the tokensails, 5.9 million ETH (72%) were either moved or spent. So, on average, projects spend or spend about 2500 ETH per month. Golem and Tezos became the champions among the studied projects. The first translated 138 thousand […]
Peter Schiff, a well-known financial expert and implacable Bitcoin critic, admitted that he blamed himself for not buying cryptocurrency at $ 10. He stated this during a debate with the co-founder of the cryptofund Morgan Creek Digital Anthony Pompiano on CNBC. “I reproach myself. I had the opportunity, I would have been a billionaire if I had only bought […]
The US Commodity Futures Trading Commission (CFTC) stated that they did not give the provider of cryptocurrency derivatives LedgerX permission to launch deliverable bitcoin futures. It is reported by CoinDesk. The fact that LedgerX received the license of the authorized derivatives market from CFTC in June was reported by the company itself, and yesterday, on July 31, the successful launch of the tool was announced. Thus institutional and […]
Kuna Cryptocurrency has added support for Binance Coin (BNB). Users can access BNB / UAH and BNB / RUB pairs. . @ KunaExchange Kuna is the introductory of the Coin ($ BNB) and the BNB / USD and BNB / RUB trading pairs. @ KunaExchange Kuna announce the launch of the Binance Coin (BNB) for Russian and Ukrainian users. Available pairs: BNB / UAH, BNB / RUB – Kuna Exchange (@KunaExchange) August […]
Tom Lee, co-founder of Fundstrat Global Advisors, is not abandoning his own optimistic forecasts for Bitcoin prices. He is convinced that the US Federal Reserve (Fed) will help the first cryptocurrency to reach the $ 20,000 mark by the end of 2019. This analyst said in an interview with FOX Business. So, Lee is confident that Bitcoin's achievement of historic highs will be promoted by lowering the […]