Cash App
Cathie Wood’s Ark Invest dumps PayPal, favoring Bitcoin-friendly Cash App
Crypto investment company Ark Invest founder Cathie Wood has dumped all of the firm’s holdings of PayPal and showed greater confidence in the long-term growth of the Cash App payment system which uses the Bitcoin (BTC) Lightning Network. Wood explained her firm’s move at the Miami Bitcoin 2022 conference which wrapped up on Saturday. The Lightning Network (LN) is a layer-2 solution for Bitcoin meant to facilitate faster and cheaper transactions. Financial technology company PayPal operates the payment app Venmo as a direct competitor with Block’s (formerly Square) Cash App. “@ARKInvest has sold, completely got out of Paypal, whose Venmo is a big competitor to Cash App. (Cash App has) much more conviction – especially when it comes to bitcoin.” pic.twitter.com/mUGkdWGMFX — M...
Mobile banking app Dave scores $100M investment from FTX US
On March 21, mobile banking application Dave announced a partnership with FTX US to provide cryptocurrency payments on the platform. It also announced a $100 million investment from FTX Ventures. In the statement, Dave said the investment would aid its strategy for future crypto-related initiatives, with FTX US serving as its partner for cryptocurrencies. Both companies said they’re currently exploring ways to introduce crypto payments into Dave’s platform. FTX US President Brett Harrison commented that it looks to align with companies that can help drive widespread adoption of digital assets, believing Dave was a fit in that regard. Jason Wilk, Chief Executive Officer of Dave, expressed his views on the technology. “We believe blockchain technology has the potential to level the financial...
Block nets $1.18B Q4 gross profit marking a 47% YoY increase
Crypto-friendly digital payments tech firm Block, Inc. (formerly known as Square) posted $1.18 billion worth of gross profit in Q4, representing a growth of 47% over the same period in 2020. The firm led by Bitcoin maxi Jack Dorsey has multiple business arms including Cash App, Square, and the freshly acquired buy now pay later (BNPL) firm Afterpay after the $29 billion deal officially closed at the end of last month. Block’s 2021 Q4 report was posted on Feb. 24, and the firm revealed significant gross profit increases across Cash App and Square, with each firm generating $518 million and $657 million apiece to mark YoY gains of 37% and 54% respectively. In total, the company generated $4.42 billion worth of gross profit for the entirety of 2021, marking a YoY growth of 62% compared to 202...
Block, formerly Square, will allow users to gift BTC for the holidays using Cash App
Digital payments company Block, formerly called Square, has announced that Cash App users will be able to gift friends and family both crypto and stock over the holiday season. According to a Tuesday tweet, Cash App said its users — roughly 40 million active monthly — could send as little as $1 in Bitcoin (BTC) or stock as a gift in the same way they had been sending cash. The payments firm joins others including PayPal and Coinbase in allowing users to send crypto as payments or gifts to third parties. With Cash App, you can now send as little as $1 in stock or bitcoin. It’s as easy as sending cash, and you don’t need to own stock or bitcoin to gift it. So this holiday season, forget the scented candles or novelty beach towel, and help your cousin start investing. pic.twitter.com/HS...
Megan Thee Stallion Teams Up With Cash App To Break Down Cryptocurrency In Her “Bitcoin For Hotties” Financial Education Video Series
HipHopWired Featured Video Source: Cash App / Megan Thee Stallion Are you still confused about Bitcoin and the whole cryptocurrency wave? Don’t worry, Megan Thee Stallion is here to break it all down for you. Back in June, the Houston Rapper teamed up with Cash App for her “Investment For Hotties” series, where she first announced she would help her loyal fans get in the stock market game by giving away $1 million worth of stock. Thee Stallion is back, but this time she is talking cryptocurrency and is breaking it all down in the next installment of her Cash App series, “Bitcoin For Hotties.” In the roughly 2-minute video, Megan Thee Stallion uses her signature hot girl swag to explain the in some ways simple but still at times very complicated world of cryptocurrency, how it works, why it...
Megan Thee Stallion Teams Up With Cash App To Give Away $1 Million Worth of Stock To Fans
HipHopWired Featured Video Source: Cash App / Megan Thee Stallion Megan Thee Stallion wants to put the hotties on the stock game. Coming off her big night at the 2021 BET Awards that saw her snub DaBaby and take home 4 more awards to add to her growing collection, the Houston rapper announced on Tuesday (Jun.29) she is teaming up with Cash App to give away $1 million worth of stock to her fans. Thee Stallion is on a mission to teach her fans about financial literacy and helping them build their own empire, telling them in a video released announcing the give away “Me and my thriving empire, Hot Girl Enterprises, have teamed up with Cash App to teach you everything I learned on the way up about money and how you can build your own empire.” “Buying stocks isn’t only for the big players. Anyo...
Bella Shmurda – Cash App ft Zlatan, Lincoln
Fine Boy Bella Shmurda drops a new single ‘Cash App’ featuring Zlatan and Lincoln. The OneWorld Music star has been doing well of late especially with his recent feature on Olamide’s ‘Triumphant‘ from ‘Carpe Diem‘ album. It’s exciting to have Zlatan and Lincoln grace the track. Enjoy, Bella Shmurda – ‘Cash App’ ft Zlatan, Lincoln below. https://www.naijamusic.com.ng/wp-content/uploads/2020/10/Bella_Shmurda_-_Cash_App_ft_Zlatan_Lincoln_NaijaMusic.com.ng.mp3 Download Share this: You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of ...
