$101,148.00
5.18%$2,107.73
17.28%$2.27
7.58%$618.01
3.14%$160.27
9.88%$0.999973
-0.00%$0.190861
12.19%$0.739236
12.17%$0.254677
2.94%$2,117.98
17.99%$3.92
20.12%$101,094.00
5.10%$15.52
14.41%$21.41
11.19%$0.284666
9.97%$2,520.18
16.91%$418.42
17.06%$0.00001404
11.10%$0.644171
11.08%$8.81
1.12%$0.191221
9.62%$0.99995
-0.00%$3.20
6.78%$21.97
5.41%$92.81
5.91%$4.33
10.86%$2,124.10
18.18%$293.36
4.07%$4.44
5.72%$0.997054
-0.30%$2,263.01
18.18%$1.002
0.11%$101,043.00
4.90%$0.00001062
29.48%$30.03
5.26%$416.46
16.26%$5.61
17.01%$5.31
12.28%$1.051
0.01%$2.62
17.07%$52.66
4.02%$0.955423
11.75%$197.80
17.14%$1.00
0.00%$0.09696
6.92%$18.02
13.11%$5.06
12.06%$21.84
3.77%$33.04
11.06%$0.097156
7.56%$0.744427
5.20%$12.39
15.12%$4.64
13.03%$0.0274492
12.50%$0.250915
16.01%$0.998425
-0.15%$100,748.00
4.66%$1.17
0.02%$0.769778
16.13%$4.45
8.05%$2.86
12.26%$0.322414
21.80%$0.218084
11.57%$4.35
0.37%$0.556259
11.42%$2.70
12.59%$0.35437
17.40%$4.33
5.92%$0.996592
-0.50%$0.00001933
17.21%$0.97044
13.78%$1.037
13.54%$1,669.93
13.19%$94.91
6.67%$11.05
2.85%$0.465729
11.28%$167.94
9.70%$2,117.37
17.80%$0.840816
7.12%$1.26
2.18%$0.0193316
1.85%$1.87
41.01%$2,203.64
17.70%$0.07563
4.75%$1.17
21.31%$0.224498
14.27%$100,681.00
4.86%$0.671717
13.52%$4.10
8.08%$0.60257
14.98%$0.999321
-0.01%$10.90
16.82%$202,849.00
111.22%$0.743212
13.72%$2,395.24
17.46%$0.100777
12.97%$0.996655
-0.33%$616.98
3.00%$0.01397271
31.06%$0.00009025
20.79%$0.999531
0.01%$206.39
9.66%$14.67
1.90%$0.01720438
13.48%$0.918056
20.73%$177.04
9.70%$0.817923
15.65%$101,501.00
5.75%$3,312.66
-1.86%$2,255.13
17.86%$103,187.00
7.74%$2.73
14.51%$39.85
10.89%$1.00
0.00%$0.630936
17.01%$3,317.86
-1.85%$100,598.00
5.52%$0.223609
9.48%$0.01720585
15.01%$0.309135
15.00%$0.743142
5.74%$0.074372
44.78%$0.00000074
5.86%$3.92
5.09%$2.20
9.51%$0.119001
10.11%$20.89
19.77%$0.67329
23.31%$2,197.53
16.71%$41.08
3.13%$0.997711
-0.06%$0.401039
10.06%$0.998738
0.00%$0.01851333
11.85%$0.585095
10.19%$0.322557
10.44%$3.71
16.88%$0.735353
22.20%$1.11
1.07%$1.79
12.30%$2,170.74
15.52%$0.617785
28.32%$0.00950405
16.61%$0.148605
11.88%$0.456307
21.47%$110.97
0.01%$0.00563655
8.72%$100,911.00
4.96%$0.462268
7.64%$0.198684
25.46%$1.001
0.29%$7.47
10.23%$0.190223
11.92%$0.998408
-0.16%$100,973.00
4.99%$0.617515
11.50%$1.35
9.49%$16.67
9.93%$0.476795
12.20%$0.06536
-0.25%$2,125.11
18.23%$2,260.76
18.17%$0.99997
-0.00%$0.00002279
9.61%$2,127.05
18.35%$96,974.00
2.84%$0.143555
13.36%$0.549809
14.90%$2,117.36
18.19%$0.00828083
15.39%$6.14
10.85%$1.57
6.67%$0.00000043
2.79%$2,129.55
15.79%$2.62
13.77%$3.51
20.52%$0.159405
5.99%$1.68
5.12%$1.023
2.42%$0.165777
6.32%$0.04306117
11.75%$0.250903
15.90%$0.0059165
11.58%$0.080621
12.49%$1.086
0.04%$0.087803
14.24%$2,125.67
18.29%$1.48
19.20%$42.60
11.53%$0.00000097
29.06%$0.576643
18.89%$0.393527
9.87%$32.76
1.67%$0.03620214
6.07%$0.00423322
6.64%$0.018504
4.21%$0.3676
2.30%$1.00
0.02%$21.57
0.70%$0.175285
3.17%$1.00
-0.02%$0.342655
17.02%$0.00006253
7.49%$0.81602
7.56%$0.308265
23.38%$2,108.96
18.25%$0.746322
16.49%$0.564269
26.47%$1.34
3.97%$0.999909
0.19%$0.718143
8.96%$101,041.00
5.02%$1.004
0.39%$1.00
0.03%$121.20
12.32%$101,267.00
5.56%$0.00305297
11.59%$2,201.52
15.77%$0.00000146
0.37%$1.099
0.00%$0.212856
14.25%$2.65
10.83%$21.42
11.25%$0.2393
10.56%$0.0345428
10.13%$2,337.04
18.48%$21.94
5.31%$0.999976
-0.04%$3,335.56
-0.01%$2,300.77
17.54%$22.78
7.99%$0.00313394
18.88%$0.553244
7.56%$3.35
10.79%$0.999129
31.20%$3.36
21.20%$0.26978
7.49%$2,121.70
18.17%$16.24
12.55%$2,286.27
18.09%$2,031.55
5.20%$0.00351515
16.37%$2.76
2.90%$0.0374245
7.49%$0.01312374
10.48%$1.033
3.50%$1.58
3.21%$101,174.00
5.21%Reading
Payment giant Square announced on Wednesday that it will be giving out $5 million in grants from a newly created "Bitcoin Endowment," and that it has selected Black Bitcoin Billionaireāa group that aims to bring Black people into cryptocrypto and provide wealth educationāas its first recipient.
The new Bitcoin Endowment is part of a larger initiative by Square to invest a total of $100 million to promote financial inclusion, and to improve access to crypto and other technologies among minority communities. The initiative also includes a $25 million contribution to the Netflix-led Black Economic Development fund, and $10 million for the Entrepreneurs of Color fund.
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As Square explains in a memo, the new Bitcoin Endowment is funded by interest it earns on Bitcoin that the company has added to its corporate treasury and invested with digital currency lender Genesis. In a related announcement, Square touted Bitcoin as a way to overcome historical discrimination in the financial sector.
"From those with no credit history who cannot open bank accounts, to people living in places with limited access to banks, to populations that have historically been discriminated against, bitcoin can help level the playing field and build a more inclusive future," said the company.
According to a Square spokesperson, the company will distribute the $5 million fund on a rolling basis every quarter over the next few years. It did not disclose the size of the award to Black Bitcoin Billionaire, which has yet to announce the award on its website, though the group's Twitter account retweeted a recent tweet referencing support from Square's Cash App product:
When @bigmarh inducts you to the @BlkBTCBillions club at the #blackbitcoinbillionaires community at the Roots Collective Black House event in #Miami sponsored by @CashApp during #Bitcoinconference2021 #stacksats not gold chains š Thx Big Mar #weoutchea pic.twitter.com/BoorINkR4n
ā Fancyfied (@Fancyfied) June 8, 2021
For Square, the Bitcoin Endowment reflects its ongoing push into Bitcoin and cryptocurrency. In Miami, CEO Jack Dorsey disclosed that the company may build a Bitcoin hardware walletāa potential move that comes as millions of its Cash App users dabble in Bitcoin, boosting the company's revenue in the process.
As of May, Square has purchased $240 million worth of Bitcoin to add to its corporate treasury, earning interest that has helped fund projects like its Bitcoin Endowment.
An earlier version of this story misstated the company from which Square is earning Bitcoin interest. It is Genesis, not Galaxy.
Stripe is making a renewed push into crypto and artificial intelligence, unveiling a slate of new features at its annual user event on Wednesday in San Francisco. Two major updates include the rollout of Stablecoin Financial Accounts, which will allow businesses in 101 countries to hold balances in dollar-backed stablecoins, receive funds via crypto or traditional rails, and send stablecoins globally. It also rolled out a new Payments Foundation Model, an AI system trained on tens of billions of...
DeFi Development Corp., a publicly traded real estate software firm turned crypto holding vehicle, said Wednesday it will execute a 7-for-1 stock split later this month, capping a frenetic pivot into the Solana blockchain ecosystem that has fueled a staggering rally in its share price. The split, approved by the board and pending regulatory steps, will take effect May 20. Shareholders of record as of May 19 will receive six additional shares for each share they hold, increasing outstanding shar...
Visa announced another crypto venture this week, revealing an investment in stablecoin infrastructure company BVNK. London-based BVNK announced the āstrategic investmentā from Visa via the payment giantās Visa Ventures arm. It did not reveal the size of the investment, but said it came following the firmās $50 million Series B round in December. BVNK says itās building a āreal time, 24-7, 365 payments networkā for businesses using blockchains. Only last week, Visa announced that it was partne...
