Square | ForkLog

ForkLog 5 14.03.2022

Block to integrate fingerprint sensor into Bitcoin wallet

The payments company Block (formerly Square) led by Jack Dorsey plans to integrate a fingerprint sensor into the developing cryptocurrency wallet.

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ForkLog 6 25.02.2022

Block nets $1.96 billion from bitcoin sales in the quarter

In Q4 2021, Block ({{AOPEN_1}}formerly Square{{ACLOSE_1}}) revenue from selling bitcoin via the Cash App totaled $1.96 billion, delivering gross profit of $46 million.

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ForkLog 18 02.12.2021

Square to rename to Block as it focuses on blockchain projects

The payments company Square announced a rebrand — it will change its name to Block. The move was linked to reflecting the growth of the group and its commitment to blockchain projects.

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ForkLog 5 20.11.2021

Jack Dorsey shares white paper for the decentralized Bitcoin exchange TBD

Jack Dorsey published a link to the white paper for the decentralized bitcoin exchange TBD, based on his payments company Square.

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ForkLog 9 05.11.2021

Square’s Bitcoin sales gross profit in Q3 totalled $42 million

In the third quarter of 2021, Square's revenue from selling Bitcoin through the Cash App amounted to $1.82 billion, with a gross profit of $42 million. Compared with the previous year, the figures rose by 115% and 29%, respectively.

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ForkLog 4 16.10.2021

Unrealised gains for MicroStrategy and Square double as Bitcoin price climbs

Analytical software provider MicroStrategy and payments giant Square have doubled their bitcoin holdings as the asset's price rose above $60,000, according to BitcoinTreasuries.

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ForkLog 14 16.10.2021

Jack Dorsey: Square weighs developing an open-source Bitcoin miner

Jack Dorsey said that the payments giant Square is considering the possibility of creating an open-source Bitcoin mining device.

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ForkLog 3 23.09.2021

Twitter enables Bitcoin tips for creators via Lightning Network

iOS Twitter users can now accept donations via the Lightning Network. To do this, you need to connect a third-party service such as Cash App to your profile.

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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 6 04.08.2021

Square tripled its profit from Bitcoin sales

In the second quarter of 2021, Bitcoin sales through the Cash App delivered to Square the payments company revenue of $2.72 billion and gross profit of $55 million, according to the quarterly results. A year earlier, these figures were $875 million and $17 million, respectively.

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ForkLog 19 02.08.2021

Square to acquire Afterpay for $29 billion

Square announced plans to acquire all outstanding shares of Australian buy-now-pay-later service Afterpay for $29 billion in Square stock. The deal is expected to close in the first quarter of 2022.

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ForkLog 9 19.07.2021

ARK Invest increases stake in Square after DeFi platform launch announcement

ARK Invest, the asset manager, bought 225,937 Square shares. This was preceded by a statement from Jack Dorsey's payments company about the forthcoming launch of a Bitcoin-focused platform for decentralized services.

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