The chief operating officer of global bitcoin payment service BitPay is not worried about the latest downward moves in the price of the largest cryptocurrency by market capitalization. Sonny Singh expects Bitcoin to surge towards the $15,000-$20,000 area over the next year as institutional incumbents launch blockchain-powered products. BitPay CEO Says Fidelity, Bakkt, Square, Blackrock,…
Mobile payments and merchant services provider Square, Inc. has revealed its Q3 revenue report, and with it has shared some positive growth in Bitcoin-related revenue. Square Shows Steady Continued Growth in Bitcoin Revenue According to Square’s third quarter 2018 revenue report, the mobile payment firm generated $431 million in adjusted net revenue – beating FactSet…
San Francisco-based mobile payments firm Square announced it is open-sourcing its Bitcoin cold storage solution, which is now available on Github. Mobile Payments Startup Square Open-Sources Hardware Security Modules (HSMs) and Wallet Auditing Tool The company founded by Jack Dorsey, who is also CEO of Twitter, has built out its cryptocurrency infrastructure when it started…