Payments company Square’s announcement that it would put some $50 million, or 1% of its assets, into bitcoin has touched off speculation that more corporations might do the same. Jack Dorsey, the Twitter CEO who also helms Square, is a longtime bitcoin bull, so it wasn’t a huge surprise his company would put some of its corporate liquidity into the cryptocurrency. He’s following the path of MicroStrategy CEO Michael Saylor, who has invested at least $425 million of the company’s assets in bitcoin. None other than Changpeng “CZ” Zhao, CEO of Binance, the world’s largest cryptocurrency exchange, tweeted a question: “Who’s going to be the […]
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Bitcoin is flashing green as Square converts some of its cash to crypto while ether options traders are making lots of bets for December expiration. Bitcoin (BTC) trading around $10,890 as of 20:00 UTC (4 p.m. ET). Gaining 2.1% over the previous 24 hours. Bitcoin’s 24-hour range: $10,532-$10,962 BTC above its 10-day and 50-day moving averages, a bullish signal for market technicians. Bitcoin trading on Coinbase since Oct. 6.Source: TradingView Bitcoin’s price popped Thursday, led higher almost immediately following the announcement that payments firm Square had invested $50 million to purchase 4,709 BTC. The development pushed the price per 1 BTC […]
Jack Dorsey’s payments company is the second publicly traded firm to put some portion of corporate reserves into bitcoin, following MicroStrategy’s $425 million all-in bet. Source link
BISHKEK (Sputnik) – Opposition protesters have gathered on Bishkek’s Ala-Too Square, in support of political parties that failed to gain seats following Kyrgyzstan’s parliamentary election, a Sputnik correspondent at the scene reports on Monday, adding that violence seen earlier in the day has died down. There have been multiple instances of protesters clashing with law enforcement officers throughout the evening, and explosions have been heard in the vicinity of Bishkek’s White House, where the parliament building and presidential administration are located. The clashes, which went on for approximately five hours, have mostly come to a stop, according to reports. Several thousand […]
This comes as the UK has confirmed 4,422 new daily cases of the COVID-19 infection on Saturday, which is the highest daily total since early May. Clashes were reported between police officers and some of the protesters in London’s Trafalgar Square earlier in the day after the law enforcement tried to disperse the crowd during an unauthorised rally. Thousands of people took part in the protest against coronavirus restrictions, violating ‘the rule of six’ announced by Prime Minister Boris Johnson earlier this week amid a rising of COVID-19 cases in the country. The protesters were maskless and some of them carried […]
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The New York Police Department has launched a probe after a vehicle drove through a crowd of protesters in Times Square, reportedly injuring several people. “There is an ongoing investigation into an incident in Times Square involving a black Taurus sedan,” NYPD confirmed on Twitter. A video shared on social media showed people chanting “No justice, no peace” in the square, when a honking vehicle pulls up and tries to drive through the crowd, eventually forcing its way past. Some reports on social media said several people received minor injuries in the incident, however police said they were not aware of […]
Concluding the opening night of a Democratic Convention that until a few minutes earlier had felt overly platitudinous, centrist and bloodless, Michelle Obama delivered a speech that was the opposite—impassioned, uplifting and, at the same time, full of truths about America that this country rarely likes to acknowledge about itself. One of the most astounding moments in a speech filled with them came when the former first lady revisited a line that has been endlessly quoted since she uttered it 2016. But this time around, the ex-FLOTUS—in tacit recognition of the toll that four years of Donald Trump’s bottom-feeding, “no low […]
Jack Dorsey’s Square has seen one of the largest quarterly increases yet for its bitcoin business. Source link
Daily Beast: D.C. Army National Guard Commander Adam DeMarco is set to tell Congress that anti-racism demonstrators removed from Washington’s Lafayette Square on June 1 before were “behaving peacefully” and that the Trump administration did speed up their removal for President Trump’s photo opportunity, in contradiction with prior statements from Attorney General William Barr and others. Read this entire thing.“Unanswered Questions About the U.S. Park Police’s June 1 Attack on Peaceful Protestors at Lafayette Square”Statement by National Guard officer Adam DeMarcohttps://t.co/dVoJ3q9ShF — jessica from 6’ away🧂 (@jessicashortall) July 27, 2020 “based on my previous exposure to tear gas in my training […]
President Trump and his advisers, including Attorney General William Barr, walk through Lafayette Square on June 1 after it was cleared of protesters. Trump then posed for photos holding up a Bible in front of St. John’s Episcopal Church. Patrick Semansky/AP hide caption toggle caption Patrick Semansky/AP President Trump and his advisers, including Attorney General William Barr, walk through Lafayette Square on June 1 after it was cleared of protesters. Trump then posed for photos holding up a Bible in front of St. John’s Episcopal Church. Patrick Semansky/AP Civil liberties advocates are urging Attorney General William Barr to name a special […]
There may be an enterprise blockchain arms race brewing in Latin America. LatamLink, an alliance of three organizations involved in the launch of the EOS public blockchain in 2018, is now busy integrating the EOSIO software for enterprise uses. The group seems to be competing for business in the region with ConsenSys, a globally distributed outfit focused on all things Ethereum. Up for grabs is LACChain, a blockchain framework that has the backing of the Inter-American Development Bank (IDB) and a host of public and private entities across Latin America and the Caribbean. ConsenSys set up a Besu testnet for LACChain […]
At least two people were shot at the Black Lives Matter protest in Louisville’s Jefferson Square Park on Saturday. Police have confirmed that one person has died from their injuries. The shocking shooting was captured on a Facebook livestream, which has since been removed, but multiple people captured the clip. First responders were seen putting a victim on a stretcher into an ambulance, but it is unclear how many people were shot or their conditions. TRENDING: MUST READ… Report: Tulsa Arena Management Sabotaged Trump Rally Attendance CONTENT WARNING: This video of today’s shooting at Jefferson Square Park was pulled from the […]
The US Attorney’s Office for the District of Columbia on Saturday evening announced four men were charged in federal court for attempting to tear down the statue of Andrew Jackson in Lafayette Square. Via the Justice Department: Lee Michael Cantrell, 47, of Virginia; Connor Matthew Judd, 20, of Washington, D.C.; Ryan Lane, 37, of Maryland; and Graham Lloyd, 37, of Maine, were charged by criminal complaint yesterday with destruction of federal property, announced Acting U.S. Attorney Michael R. Sherwin, Special Agent in Charge of the Federal Bureau of Investigation (FBI) Washington Field Office’s Criminal Division James A. Dawson, and Acting Chief […]
At least one person was fatally shot and another one injured in a shooting that erupted during a protest over the death of Breonna Taylor at Jefferson Square Park, Louisville, Kentucky. Police have cleared the area to investigate. One male victim died at the scene after shots were fired around 9pm local time. Gunfire could be heard in videos shared online as the protesters are rushing for cover. A particularly disturbing video apparently captured the moment the suspect opened fire. CONTENT WARNING: This video of today’s shooting at Jefferson Square Park was pulled from the FB livestream of one of Louisville’s more […]
Russia’s latest Bumerang armored personnel carrier caught fire during a massive military parade at Moscow’s Red Square on Wednesday. Multiple people tweeted photos and video of the scene when the newest Russian combat vehicle caught fire. The Bumerang is the latest standardized wheeled platform for multiservice forces developed by Military Industrial Company. The platform was used as the basis for developing the K-16 armored personnel carrier, and also the K-17 infantry fighting vehicle unveiled for the public at the Victory Day Parade in Moscow’s Red Square. – Advertisement – The new modular combats vehicle was the pride of the Russian defense […]
Security challenges now faced by India have complicated preparations of its troops for the Victory Day parade, but they still marched on the Red Square and won the hearts of the Russian audience, their commander told RT. The parade in Moscow, dedicated to 75th anniversary of victory against the Nazi Germany, was “a gala performance, with a great history behind it,” said Colonel Anil Kumar, commander of the tri-services contingent. The participation of the Indian troops in it has become yet another sign that friendship between India and Russia is “increasing by the day.” Making it to the Russian capital was […]
Russia’s latest Bumerang armored personnel carrier caught fire during a massive military parade at Moscow’s Red Square on Wednesday. Multiple people tweeted photos and video of the scene when the newest Russian combat vehicle caught fire. The Bumerang is the latest standardized wheeled platform for multiservice forces developed by Military Industrial Company. The platform was used as the basis for developing the K-16 armored personnel carrier, and also the K-17 infantry fighting vehicle unveiled for the public at the Victory Day Parade in Moscow’s Red Square. – Advertisement – The new modular combats vehicle was the pride of the Russian defense […]
As we reported yesterday — Antifa domestic terrorists set up an “autonomous zone” in six square blocks in Seattle over the weekend. The antifa terrorists are advocating for “folks with firearms” to take shifts defending the barricades. The Antifa group set up barricades at the border and certain areas for dining and public speech. Andy Ngo reported on this yesterday. TRENDING: Antifa Domestic Terrorists Take Over 6 Square Block Section in Seattle – Set Up Security Watch – Call for Armed Volunteers Seattle @MayorJenny is allowing a dangerous situation to fester. #Antifa militants have taken over & created an “autonomous zone” […]
Free Capitol Hill zone in Seattle, Washington. This is your future with no police. Democrats want to defund the police.But don’t worry Antifa will defend you — for a price. Antifa domestic terrorists set up an “autonomous zone” in six square blocks in Seattle. The antifa terrorists are advocating for “folks with firearms” to take shifts defending the barricades. TRENDING: Chicago Mayor Now Pleading With Walmart And Other Companies Not To Leave The City Reporter Andy Ngo broke this story on Twitter today. Seattle @MayorJenny is allowing a dangerous situation to fester. #Antifa militants have taken over & created an “autonomous […]
Numerai has sold an additional $3 million in NMR tokens to a slate of investors led by Union Square Ventures on the strength of its latest product, Erasure. The 17th-largest dapp in terms of value staked on it, Erasure currently holds $2.1 million worth of crypto, according to DeFi Pulse. Erasure provides a way to have a market for information that enables the buyers of information to have more confidence that what they are getting is real. In March, Numerai released an easy way for users to interact with the protocol called Erasure Bay. “Erasure Bay is demonstrating that you can […]
Tiffany Trump joined the #BlackoutTuesday trend while her dad slammed “hoodlums” turning George Floyd protests violent, inspiring liberals to hail his youngest daughter as the “best Trump” — for posting a black square. Along with her black square — a post many public figures included on their Instagram accounts in a somewhat vague attempt to show solidarity with protesters — Tiffany also quoted activist Helen Keller and used the hashtag #justiceforGeorgeFloyd. While the post doesn’t directly mention her father, Donald Trump, the hundreds of protests across the US have not equaled a good moment for the president, as he has consistently […]
UK 13:25 GMT 31.05.2020(updated 13:35 GMT 31.05.2020) Get short URL Brits have been circulating protest posters on social media, announcing demonstrations for the coming week, as US states have increasingly been taking top security measures to ease social unrest in the wake of an unarmed black man’s killing in Minneapolis. Hundreds of demonstrators have broken lockdown rules in Britain gathering in London’s Trafalgar Square in support of US protesters in their rage against the killing of a black man by a Minneapolis police officer last Monday. In footage posted online, several hundred people can be seen standing outside the National Gallery […]
A mobile subsidiary of Jack Dorsey’s payments company Square now allows users to make automatic purchases of bitcoin. Dorsey said on Twitter – that other company he runs – that Cash App had, from Monday, enabled automatic purchases of bitcoin at regular intervals, such as daily, weekly, or fortnightly. Although there’s a minimum $10 purchase, the new feature provides users with the ability to gradually gain exposure to the original cryptocurrency without exposing themselves to too much volatility risk. “By spreading purchases out over time, you may minimize the impact of market swings,” Cash App tweeted. Cash App launched to facilitate […]
In the early hours Friday, those braving tourist-free Times Square were treated to an arresting sight: a white billboard projecting the words ‘Trump Death Clock’ in big black letters; underneath, a counter in red reading ‘44,809.’ These are the deaths that, according to two of the world’s leading epidemiologists, could have been avoided had the Trump administration acted just one week prior to March 16, when nationwide mitigation measures were first introduced to the public. “I looked at those numbers and thought, just as the National Debt Clock warns us of the costs of reckless borrowing, we need a National Death […]
Bitcoin has flippened USD on Square’s Cash App, sort of. As reported in the publicly traded fintech company’s first-quarter earnings Wednesday, Cash App brought in $222 million on all its other fiat-powered services in Q1. Meanwhile, revenue from bitcoin was $306 million, the first quarter in which bitcoin revenue surpassed all other revenue on the app. “In the first quarter, Cash App gross profit grew 115% year over year,” the shareholder letter reported. Gross profit on Cash App, however, remains to be found primarily outside of crypto. Of Square’s $222 million in non-bitcoin revenue, $178 million of that was profit. The […]