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Square’s Cash App Q3 Report Attributes 80% of $2 Billion Revenue to Bitcoin
Square’s Cash App Q3 report shows that Bitcoin has overtaken all other revenue sources and accounts for 80% of its entire $2 billion third-quarter revenue.
Amazon Aims to Advance Its Digital Currency Project in Mexico
Amazon has been planning on launching a digital currency project in Mexico, and a job posting revealed that it was looking for engineers and developers for the part.
Amazon Launches Virtual Clinic Called Amazon Care
Amazon, the world’s largest internet company by revenue, quietly launched a virtual health clinic for Seattle-area employees, CNBC reports.
Russian Prime Minister Calls for Civilized Approach to Crypto Regulation
Mikhail Mishustin, the Russian prime minister, has stated that the cryptocurrency market ought to be advanced in a civilized manner.
Former Canadian Prime Minister Sees Bitcoin As A Potential Future Reserve Currency
Stephen Harper, the former prime minister of Canada, has named Bitcoin as a possible reserve currency in the future.
Malaysia’s Prime Minister Seeking a New Gold Standard
Reportedly Malaysia’s Prime Minister Dr Mahathir Mohamad indicated that he is agreeable to a single currency for the East Asian region backed by gold but critically it would not become the national cash of any current nation.
Hackers Hungry for Bitcoin and Ether Target Indian Prime Minister Narendra Modi
Bitcoin and cryptocurrency hackers seized the social media account of India Prime Minister Narendra Modi today, in an effort to secure Bitcoin and Ether funds.
Ethereum Will Be Made Available on Amazon Managed Blockchain
Amazon Web Services (AWS) has now brought the benefits of Ethereum blockchain solutions to its users.
Ethereum’s DeFi Trades Skyrocketed in Q3 2020, but Bitcoin Volume Declined
A quarterly report from eToro indicated that while DeFi sector was bullish in 2020’s third quarter (Q3), Bitcoin trades decreased in contrast.
Rainforest Foundation Uses Crypto to Protect the Brazilian Amazon
An announcement was made regarding a campaign to fight against the deforestation of the Brazilian Amazon with the aid of the cryptocurrency community. The Rainforest Foundation has developed its own crypto – Bitseed in 2014 and has been embracing cryptocurrencies for years.
Amazon CEO Jeff Bezos is Worth More Than Bitcoin’s Market Cap
It was recently announced that Amazon CEO Jeff Bezos’s wealth has surpassed that of Bitcoin’s market cap, meaning Bezos’ wealth has soared up to $171.6 Billion—the icing on the cake to top off his pre-divorce financial record.
Genesis Capital Breaks Previous Quarter Record With 870M in New Loan Originations in Q3
Genesis records rising demand for cash and stablecoins