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News
26 February 2020
Square reports $178M in bitcoin purchases for Q4 2019 bringing its 2019 total to $517M
In an 8K Released today, Square reported $178M in bitcoin purchases for Q4 2019, up 240% on the year, bringing its 2019 total to $517M.
Bitcoin Purchases accounted for ~47% of Cash App revenue; however only accounted for ~2% of Cash App gross profits due to thin margins.
Square Cash bitcoin pu...
News
19 February 2020
Crypto media firm Decrypt raises some privacy concerns over using Ethereum Name Service
ConsenSys-backed media outfit Decrypt recently tracked and analyzed the on-chain actions of over 130,000 Ethereum Name Service (ENS) accounts. ENS allows users to replace their alphanumeric Ethereum addresses with a name, similar to how "email addresses [once] replaced clunky pieces of code." But th...
Opyn, previously a leverage platform that has since pivoted to insurance has launched on mainnet. By building on top of a generalized options protocol called the Convexity Protocol, Opyn has created an insurance contract for Compound deposits. It works by creating tokenized put options known as oTok...
