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DeFi has been dominated by Ethereum, and more recently Binance Smart Chain based platforms. But Twitter and Square CEO Jack Dorsey has a vision for Bitcoin based decentralized finance.
Video courtesy of Yahoo News
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Shares in payment technology firm Block Inc. tumbled after hours despite its second-quarter results beating earnings expectations, including a 34% year-on-year increase in Bitcoin (BTC) revenue. In a Q2 earnings call, Block reported a whopping $2.4 billion in Bitcoin sales on its Cash App platform, with gross profit from Bitcoin sales coming in at $44 [...]
The post Block posts 34% increase in Bitcoin revenue in Q2 but shares stumble appeared first on Crypto Breaking News.
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