Square subscription revenue was $231 million in the first quarter of 2022, excluding PPP loan forgiveness revenue, up from $112 million a year ago. Before that, he worked as a staff writer at Forbes, covering social media and venture capital, and also edited the Midas List of top tech investors. There’s been a lot of […]
The letter, sent by California representative Jared Huffman on April 20, condemned the reopening of coal and gas facilities to power crypto mining. The Congressional letter is plagued by “misconceptions about bitcoin and digital asset mining,” the authors said, and confuses emissions from energy generation with the emissions of mining itself. It’s fairly accurate to […]
The major financial services provider launched Digital Asset Accounts on Tuesday, allowing account holders to have a portion of their retirement savings allocated to bitcoin. Besides MicroStrategy, the option will be broadly available for employers to add to its 401 plans by the middle of this year, Fidelity said in its announcement. The department warned […]
The foundation received about $130,000 worth of crypto in the last fiscal year, which made up 0.08% of its annual revenue. We are already considering what has come up here as we determine our path forward,” Greg Varnum, a foundation spokesperson, said in January. Atlassian’s Jira outage, first noticed last week, is somehow still affecting […]
Concerns about the energy use of bitcoin mining have been a major criticism of the cryptocurrency. He didn’t explain the rationale for maintaining its stake, but exiting the position would presumably require energy-intensive transactions. Before that, he worked as a staff writer at Forbes, covering social media and venture capital, and also edited the Midas […]
general manager, works with a diverse set of clients and partners — big banks like J.P. In October, Coinbase said it picked Marqeta to power its new Visa debit card. It’s part of a broader trend to link cryptocurrencies with practical financial tools. For Syed, who worked at Mastercard for nearly five years before joining […]