Square posted a 45% increase in revenue, but lower-than-expected bitcoin revenue dampened analysts’ enthusiasm for the Q3 results.
Circle, which offers cryptocurrency-based payments for internet transactions, raised $440 million and is eyeing a potential SPAC deal.
An improving economy and a $170 million investment in Bitcoin drove payment provider Square’s revenue up 266% and profits up 79%.
PayPal reported its “strongest first-quarter results” in company history on Wednesday, posting $6.03 billion in revenue and a 46% increase in total payment volume.
Tesla is focusing on making more cars, securing battery cells and finishing gigafactories in Texas and Germany. The Semi is again in the background.
PayPal has enabled the ability for customers on Venmo to buy and sell cryptocurrencies within the app.
PayPal announced it will allow consumers to make online payments with cryptocurrencies through its Checkout with Crypto offering.
As cryptocurrencies gain in popularity, more e-commerce brands and payment platforms are incorporating the coins into their payment systems.
Can bitcoin be used as a recruiting tool for freight companies? Plus, meme stocks, Robinhood drama, Doge and more
Payment services provider Square posted 101% net revenue growth in 2020 over 2019 and 45% growth in net profit as it benefited from large growth in its Cash App division.
Andrew Cox and Seth Holm debate the big news in the retail space and compare which logistics companies have the best drop-and-hook practices.
As CEO Elon Musk tweets support for the meme-based Dogecoin cryptocurrency, Tesla disclosed Monday it has invested $1.5 billion in Bitcoin and will let customers use it to buy electric vehicles.
Andrew Cox and Seth Holm debate the resurgence of bitcoin and the value of buying new trucks as a fleet.
Charley Dehoney spoke with the founder of BasicBlock, a blockchain startup based in Nebraska. Here is the story of the company’s success to-date.
Author Ben Mezrich is no fan of Facebook CEO Mark Zuckerberg, who Mezrich says should focus on the truth in Facebook political advertising. Mezrich wrote the best-selling story of Facebook’s founding called “Accidental Billionaires.”
Roadblocks in building an urban warehouse footprint; Blockchain gets XI endorsement
Spanish capital Madrid is working on a blockchain-powered transport application that unifies all mobility systems across the city and provides high levels of data security to its users.
It appears that Chinese retail investors are moving capital out of the country in response to the devaluation of the yuan.
New York Times bestselling author, three-time Golden Globe winner, and eight-time Oscar nominee Ben Mezrich will join FreightWaves LIVE Chicago as a keynote speaker this November. Mezrich’s ability to dive deep into the data to tell the compelling stories behind real-life economic events makes him a perfect fit for FreightWaves LIVE. His books The Accidental […]
