Square’s Cash App Generates $1.8 Billion in Bitcoin Revenue, BTC Profit up 29% in Q3
Square Inc. has reported bitcoin revenue of $1.82 billion in the third quarter, an 11% increase from the same period last year. Its bitcoin gross profit was $42 million during the time period, a 29% increase year-over-year. Square’s Bitcoin Profit up 29% in Q3 In the company’s Q3 2021 Shareholder Letter, published Thursday, Square Inc. reported total net revenue of $3.84 billion in the third quarter, up 27% year-over-year. The...
Polygon Reveals Details About Its Future Collaboration With LBank During AMA
PRESS RELEASE. Recently, LBank Exchange held an AMA session with the Polygon team, discussing Polygon’s achievements, collaborations, NFT and Gaming markets, Nightfall solution, future plans and so on. Here’s the summary of this AMA. Ethereum is the blockchain development platform of choice, but it has limitations such as low throughput, poor UX, and no sovereignty. As a protocol and a framework for building and connecting...
Moscow Confirms Arrest of Russian Crypto Entrepreneur in Amsterdam, Report Mentions FBI
Authorities in the Netherlands have arrested a Russian national with a cryptocurrency business, the Foreign Ministry in Moscow has confirmed. The man involved in the establishment of two crypto exchange platforms was apprehended earlier this month, reportedly on a request from U.S. law enforcement. Russian Founder of Cryptocurrency Exchangers Detained in Holland Denis Dubnikov, co-founder of cryptocurrency exchange platforms Coyote...
TV Piracy Increased 30% This Year With Help From “Squid Game”
There is little doubt that, for many people, streaming services have become the standard for watching TV-shows. This is no surprise, since subscription-based streaming services are among the best and most convenient alternatives to piracy at this point. However, the appeal of the streaming model becomes diluted when there are too many ‘Netflixes.’ Most people gladly sign up for one or two streaming services, but more than a handful is...
10 eureka moments of coding in the community
If you’ve written code, you know it takes practice to get good at it. Whether it takes months or years, there’s inevitably a moment of epiphany. We wanted to hear about that time, so we asked our community to share about that time they sat down and wrote code that truly made them proud. read more Powered by...