Block, Inc.’s Cash App has added stablecoin payments to its roster of financial services. The financial services app now allows users to send and receive USDC on four blockchains: Ethereum, Solana, Polygon and Arbitrum. The company’s Bitcoin Product Lead, Miles Suter, said on X that “everything runs from your existing USD balance — no separate wallet, no managing multiple chains, no extra setup, and importantly no fees.” You simply send dollars from your wallet to a copy-pasted blockchain address, without any mention of stablecoins. That said, the company remains “singularly focused on bitcoin becoming the native currency of the internet,” Suter said. Block, Inc. Chairman and CEO Jack Dorsey remains…
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Snowden, Dorsey-endorsed encrypted messenger Signal adds crypto donations
NSA whistleblower and Bitcoin fan Edward Snowden’s favorite service Signal now accepts donations in a dozen cryptocurrencies
“As a nonprofit organization, we depend on your support. If you've been patiently waiting for Signal to accept cryptocurrency donations, you no longer need to hodl back your generosity," Signal said.
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Square pledges $10M for Bitcoin Clean Energy Investment Initiative
The crypto-friendly company’s pledge comes as the Biden administration, which is determined to tackle climate change, prepares to take office
The payments platform, which recently acquired BTC worth $50 million, said it is determined to become net zero carbon for operations by 2030—and wants to tackle the carbon footprint that’s associated with purchasing Bitcoin on behalf of its customers.
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Coinbase denies upcoming New York Times racial discrimination allegations
The U.S. exchange warns a story about disgruntled black employees is coming in the wake of Brian Armstrong’s controversial “apolitical’ stand over Black Lives Matter
The major U.S. cryptocurrency exchange Coinbase is bracing for another wave of criticism in the wake of CEO Brian Armstrong’s controversial stand against corporate support of political issues like the Black Lives Matter movement. In a Nov. 25 blog post, Coinbase warned employees that an article that will be published on Sunday by the New York Times alleging racial discrimination inside the firm.
