Payments Company Square Unveils Low Returns From bitcoin Business Last Quarter US payments processing company Square recently reported low profits from bitcoin (BTC) trading in its Cash App last quarter, according to an article by Fortune Wednesday, May 2. According to Square’s earnings report, bitcoin-related business generated about 5 percent of overall revenue, amounting to $34.1 mln. However, the amount of profit from bitcoin barely…
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Ethereum’s Sharding Proof of Concept Paves the Way for Improved Scalability Popular cryptocurrencies such as Ethereum will need to keep evolving in the future. One of the upcoming developments to look forward to is sharding. This technological upgrade has been hinted at for quite some time now, yet it seems there is a proof of concept…
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