Ethereum privacy protocol Tornado Cash to launch on L2 Arbitrum

Tornado Cash is about to get a scaling boost as the privacy protocol prepares for deployment on the Ethereum layer two network Arbitrum.  Tornado Cash’s smart contracts are ready to roll on thArbitrum Layer 2 scaling network following contributions from the community to ensure the stability of the protocol. The Nov. 29 announcement explained that deploying on Arbitrum will “allow users to take advantage of all the benefits a Layer 2 can offer, with cheaper transactions being the biggest comparative advantage.” Tornado Cash is a fully decentralized Ethereum (ETH) mixer…

FC Barcelona, Man City canceled crypto deals show cash is not everything

The sports industry took a hard hit from the coronavirus pandemic. Most leagues got suspended, and then teams played without the audience for an extended period. Sports clubs started to seek out new revenue streams, and the crypto industry arrived to aid with juicy deals.  Numerous partnerships between major sports clubs grabbed headlines over the last year. Even national teams and major club unions joined the trend. So, it became even more surprising when FC Barcelona and Manchester City, two of the biggest soccer clubs in Europe, terminated their crypto-related sponsorship…

Blockchain ve Kripto Para (1. Bölüm)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Clubhouse hesabımı bu link aracılığı ile takip edebilirsiniz: Prof. Dr. Özgür Demirtaş Özgür Demirtaş Ankara’da dünyaya geldi. İzmir Atatürk Lisesi’ni birincilikle bitirdi. Üniversite yerleştirme sınavlarında Türkiye’de ilk 50 öğrenci arasında yer alarak, 1998’de Boğaziçi Üniversitesi Elektrik Elektronik Mühendisliği Bölümü’nü tamamladı. Boston College’daki çalışmalarını 2003’te tamamlayarak 27 yaşında finans alanında doktorasını kazandı. Aynı sene, Baruch College City University of New York’ta Yardımcı Doçent pozisyonunda göreve başladı. “Öğretim alanında”, 2003 yılında Finans bölümü içerisinde, 2004 yılında ise İşletme Fakültesi’nde en iyi öğretim üyesi seçildi.…

BITCOIN e CRYPTO BULL MARKET 🌈 CryptoMonday NEWS w45/'21

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io CryptoMonday: ogni Lunedì, andiamo a fare il resoconto sulla settimana appena trascorsa in termini di mercato e di news. MetalSwap ► MetalSwap Twitter ► MetalSwap Telegram ► Canale di discussione in Italiano (Telegram) ► Sempre aggiornato con Koinsquare NEWS: Per supporto tecnico/fiscale (a pagamento) ► – Indice e Riferimenti: ► 00:00 – Intro e Analisi di Mercato ► 05:14 – Finestre Temporali BTC ► 07:12 – Analisi Tecnica ► 10:16 – Il picco del ciclo ► 12:18 – 5 Cose da osservare…

Square’s Cash App Generates $1.8 Billion in Bitcoin Revenue, BTC Profit up 29% in Q3 – Finance Bitcoin News

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 company’s bitcoin revenue is generated from its mobile payment service, Cash App. The platform generated $2.39 billion in revenue and…

Bitcoin Cash Briefly Spikes on Fraudulent Press Release

Bitcoin Cash (BCH) saw a sharp but short-lived uptick in its value on Friday after the publication of a fraudulent press release claiming that U.S. supermarket giant Kroger would be accepting the cryptocurrency as payment this holiday season. The crypto rose over 4.6% from $602.63 at around 11.30 UTC to $630.70 less than 15 minutes minutes later following the fraudulent announcement’s publication. BCH subsequently gave back all its gains to fall below the price it had been prior to the announcement. At the time of writing it is priced at…

Major American grocer Kroger to accept Bitcoin Cash

American grocery store chain Kroger is accepting cryptocurrency payments ahead of the holiday season. According to an official announcement on Nov. 5, the major retailer will accept Bitcoin Cash (BCH) at all of its stores — Baker’s, City Market, Dillons, Fred Meyer, QFC and others — as well as for online purchases. ​​Rodney McMullen, Kroger’s chairman and CEO, said that the initiative was spurred by increased demand for cashless payments: “Throughout the pandemic, cashless payments have been thriving, and we see cryptocurrency as a natural progression of the trend to…

Square’s Cash App Bitcoin Revenue Decreased 33% In Q3

The American-based payment company Square Inc. reported a drop in Bitcoin revenue month over month from its Cash App during the third quarter of 2021, the total amount being $1.82, overall, 11% up from last year. Square has found profit in midst of the pandemic as many users grew to need e-commerce services. The number of processed transactions on the app during the third quarter went up 27% with a total amount of $3.7 billion. The company is led by Jack Dorsey, who also runs Twitter and is a big…

Square’s Cash App Bitcoin profits fall 23% — Will opening it to teenagers help?

Jack Dorsey’s payments company Square Inc. revealed in its Q3 earnings report that mobile payments app Cash App saw a 23% drop in quarterly profits generated by Bitcoin. But Bitcoin profits and revenue are both up year on year. Square attributes the drop off in quarter-on-quarter Bitcoin revenue and gross profit to the “relative stability of the price of Bitcoin, which affected trading activity compared to prior quarters.” Cash App allows users in the United States and the UK to buy Bitcoin and transfer money and BTC peer to peer.…

Square’s Cash App Generated $1.8B in Bitcoin Revenue in Q3

Payments firm Square said in its third-quarter earnings letter Thursday that its peer-to-peer payment service, Cash App, generated $1.82 billion of bitcoin revenue in the quarter and $42 million of gross profit, up 115% and 29% year over year, respectively. Bitcoin revenue and gross profit decreased in the third quarter versus the second quarter, however, Square said, citing the “relative stability in the price of bitcoin, which affected trading activity compared to prior quarters.” Square also noted bitcoin revenue and gross profit may fluctuate in future quarters given changes in…