Block nets $1.18B Q4 gross profit marking a 47% YoY increase
In total, Block generated $4.42 billion worth of gross profit in 2021 marking a total YoY growth of 62%, however, net profit totaled just $77 million. Go to Source Powered by WPeMatico
Afterpay
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Afterpay ‘absolutely’ keen to explore crypto services after regulations clarified
Afterpay spoke as part of the Senate inquiry into “Australia as a Technology and Financial Center” and Lee Hatton said there would be enough consumer demand to offer crypto services. Go to Source Powered by WPeMatico
Afterpay tells Senate inquiry crypto could slash merchant payment costs
Afterpay told the Australian Senate that using crypto could cut payments costs for merchants, and that the government should work to create a framework for an AUD-backed stablecoin. Go to Source Powered by WPeMatico
Square’s value could 5X thanks to Afterpay deal: Pomp
“Maybe you don’t simply get a 20X the value of the business, but could you two, three, four or five X the business? Absolutely,” said Anthony Pompliano. Go to Source Powered by WPeMatico
‘Buy now pay later’ firm Zip plans to offer crypto trading in Australia and the US
“We know our younger generation of customers seek additional products and services that are relevant to them,” said Zip co-founder Peter Gray. Go to Source Powered by WPeMatico
