Jack Dorsey’s Square to Launch BITCOIN MINING INITIATIVE, as Bitcoin SOARS PAST MILESTONES

A new open-source Bitcoin (BTC) mining technology from Square, led by CEO Jack Dorsey, might be coming. A series of tweets from Dorsey explained his desire to take a cooperative approach to further decentralizing Bitcoin mining. This is occurring as…

Twitter, Square CEO Jack Dorsey TAKING A BIG STEP with Bitcoin Mining

Jack Dorsey is one of the biggest Bitcoin supporters in the world. In fact, the Bitcoin maximalist considers Bitcoin to be his most significant endeavor in life, and Square, his digital payment firm, acquired more than $170 million of Bitcoin…

Bitcoin Lightning Network on Twitter is “Only a Matter of Time,” according to CEO Jack Dorsey

Twitter’s CEO, Jack Dorsey, has disclosed that the social media platform may soon join the cryptocurrency industry through the Lightning Network, an alternative Bitcoin network for fast payments. Dorsey is also the CEO of payments firm Square. On Friday, the…

Square’s CEO, Jack Dorsey, Says Company is Exploring a Hardware Bitcoin Wallet

Square CEO Jack Dorsey has said that the business is thinking about developing a hardware bitcoin wallet. Square’s stock increased by around 1% on Friday. While Square provides a digital wallet, Dorsey is proposing a solution that would give Bitcoin…

Square Announces $170 Million Investment in Bitcoin

Square made the announcement on Tuesday that it had acquired $170 million worth of bitcoin in order to boost its already sizeable position in the cryptocurrency. Since purchasing Bitcoin in October, the latest acquisition takes the overall number of bitcoins…

Square Bitcoin Revenue Registers Over $1B for First Time

Payments company Square has reported a record amount of earnings in quarterly Bitcoin revenue, reports CoinTelegraph. The publicly listed payments group, the third quarter of 2020, wrote in its investor letter released on Thursday at the market closing, “Cash App…

PayPal Opens Service to Cryptocurrencies

PayPal has announced that it will allow users to keep bitcoin and other virtual coins in their online wallet and buy at the 26 million retailers on their network utilizing cryptocurrencies. In an interview, President and Chief Executive Dan Schulman…