Tuesday, August 4, 2020

Square reports Q2 total net revenue of $1.92B, up 64% YoY, with Cash App generating $875M in bitcoin revenue, gross profit up 167% YoY; stock up 11% after hours (Bloomberg)

Bloomberg:
Square reports Q2 total net revenue of $1.92B, up 64% YoY, with Cash App generating $875M in bitcoin revenue, gross profit up 167% YoY; stock up 11% after hours  —  Square Inc.'s sales rose 64% in the second quarter from a year ago, as a pickup in online business activity helped offset pain …



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Montenegro says Terraform Labs co-founder Do Kwon will be extradited to the US, potentially ending a standoff over competing demands by the US and South Korea (Bloomberg)

Bloomberg : Montenegro says Terraform Labs co-founder Do Kwon will be extradited to the US, potentially ending a standoff over competing ...