#Cash App

A mobile payment service developed by Square, Inc.

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ForkLog 15 28.08.2021

Jack Dorsey to spearhead development of a decentralized Bitcoin exchange

Twitter head Jack Dorsey spoke about work on the open TBD platform to create a decentralized Bitcoin exchange (DEX) built on his Square payments company.

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ForkLog 12 07.05.2021

Square earns $3.51 billion from Bitcoin sales via Cash App in Q1 2021

In the first quarter of 2021, Bitcoin sales through the Cash App delivered the payments company Square $3.51 billion. This is stated in a letter to shareholders.

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ForkLog 12 21.11.2020

Pantera Capital: PayPal and Cash App Driving Bitcoin Shortage

The launch of bitcoin support by PayPal, in combination with active purchases through Square's Cash App, is having a material impact on the shortage of the leading cryptocurrency and, consequently, on the asset's price. This is stated in the latest letter from the investment firm Pantera Capital.

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ForkLog 5 06.11.2020

Square’s bitcoin-sales profit hits $32 million in Q3

The payments company Square, led by Jack Dorsey, reported growth in revenue and gross profit from bitcoin sales in Q3 2020. Compared with the prior period, the figures rose by 11x and 15x, according to the report.

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ForkLog 11 05.08.2020

Square sells Bitcoin worth $875 million in the second quarter

In the second quarter of 2020, Square sold Bitcoin via the Cash App for $875 million. This was nearly three times the previous quarter’s figure and seven times the level in the same period in 2019.

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