Square Unveils Bitcoin Auto Payments Tool

A mobile subsidiary of Jack Dorsey’s payments company Square now allows users to make automatic purchases of bitcoin. Dorsey said on Twitter – that other company he runs – that Cash App had, from Monday, enabled automatic purchases of bitcoin at regular intervals, such as daily, weekly, or fortnightly. Although there’s a minimum $10 purchase, […]

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US Treasury Approves Square as Coronavirus Stimulus Lender

The bitcoin-friendly company behind Cash App, Square, announced Monday it is participating in the U.S. government’s emergency Paycheck Protection Program.  This $350 billion lending program for small businesses provides loans that keep employees on payroll for at least two months, as part of the $2.3 trillion stimulus package approved by Congress. PayPal and Inuit (maker […]

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Jack Dorsey’s Square Bank Will Open 2021

Bitcoin advocate and Twitter CEO Jack Dorsey just had his application to launch Square Financial Services Inc. approved by the FDIC. This means that the U.S. financial services and mobile payment company whose cash app allows for payments in bitcoin will soon be able to issue loans to commercial merchants. First Approval for Industrial Bank […]

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Why Cypherpunk Witches Love Bitcoin

We live in an age where young women use everything from emojis to bitcoin to practice witchcraft. Claire Gallant, an ethereum fan who founded the Future Witch Facebook group, along with a corresponding art installation to fundraise for the crypto research startup Open Privacy, said she sees many similarities between cypherpunk values and witchcraft. (Open […]

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Pantera, Square Join $14m Series-A Round for Real-Time Payments Startup Transparent

Transparent Financial Systems, a Seattle-based startup developing a real-time “cryptographic settlement” network, has closed a Series-A funding round that raised over $14 million.  Led by Pantera Capital and with participation from Jack Dorsey’s Square, Future\Perfect Ventures, DCG and more, the funding round is in addition to the $8 million in seed financing Transparent received from […]

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PayPal Expands With $4 Billion Honey Acquisition

PayPal has finalized the purchase of the Honey deal finder startup, for a consideration of $4 billion. This latest move pushes the payment processor well ahead of crypto-friendly payment rival, Square. PayPal Aims to Revolutionize Online Retail PayPal, one of the largest payment processors, has aimed at taking a larger share of the online retail […]

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