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Square Funded $339M to SMBs in Q1

May 2, 2018
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Outside the Square Headquarters in San Francisco

Above: Outside the Square headquarters in San Francisco, CA Square’s small business funding arm, Square Capital, made over 50,000 business loans for a total of $339 million in Q1, according to the company’s latest earnings report. That figure is a 35% increase year-over-year and puts them on pace to break last year’s $1.177B total. OnDeck, […]

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Twitter Bans Crypto Ads As Its CEO Praises Bitcoin

March 28, 2018
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cryptocurrency ban

Following in the footsteps of Facebook and Google, Twitter banned cryptocurrency ads on its platform as of Tuesday. Facebook initiated this policy on January 30 and Google did the same on March 14. “Under this new policy, the advertisement of Initial Coin Offerings (ICOs) and token sales will be prohibited globally,” a Twitter spokesperson told […]

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Facebook Bans Crypto Ads. Is it The Right Move?

January 31, 2018
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Cryptocurrency

Facebook announced yesterday that it had banned all ads promoting Bitcoin or anything related to cryptocurrencies. The new item on the Prohibited Content list for Facebook ads reads: “Ads must not promote financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings, or cryptocurrency.” […]

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What’s Lending Got to do With Cryptocurrency?

January 10, 2018
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crypto trading

Facebook and Snapchat might be the last things that employees are being distracted by these days. Instead it’s Coinbase and Blockfolio, two cryptocurrency apps, that are quickly stealing the attention of young finance professionals. And the interest in Bitcoin, Ethereum and alt coins is causing some in the industry to wonder if the phenomenon can […]

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How I Failed to Become a Bitcoin Millionaire

December 18, 2017
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bitcoin blues

This story appeared in deBanked’s Nov/Dec 2017 magazine issue. To receive copies in print, SUBSCRIBE FREE This past Fall, an industry colleague congratulated me on my newfound wealth. “What newfound wealth?” I reply. “What are you talking about?” “Aren’t you a bitcoin millionaire now?” he says, smiling brightly, with a look in my direction that […]

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Get $10 Worth of Bitcoin FREE

November 28, 2017
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bitcoin

Ok, so this is a shameless affiliate marketing offer. If you buy $100 worth of Bitcoin from Coinbase using this link, you’ll not only get an extra $10 worth of Bitcoin free, but I’ll get $10 worth of free Bitcoins as well. While it’s awesome that a single Bitcoin is worth $10,000 these days, I […]

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After Fork, Coinbase Has Change of Heart on Bitcoin Cash

August 6, 2017
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Zcash bitcoin

Now that Bitcoin Cash has forked off of Bitcoin, Coinbase is no longer taking a hard line stance against the alt currency. In a new email they sent to account holders, they cite security of the network, customer demand, trading volumes, and regulatory considerations as the reasons they have decided to support Bitcoin Cash by […]

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A Bitcoin Hard Fork is Coming and Creating New Money With It

July 30, 2017
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Bitcoin

On August 1st, Bitcoin will fork into two different currencies. That’s because a significant group of developers and miners believe that the Bitcoin protocol needs an upgrade in order to scale. Not everyone agrees so the chain is splitting in two. Since a split chain will share the same history, anyone who owns Bitcoin on […]

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Bitcoin: The Sky’s the Limit?

May 26, 2017
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Bitcoin

Investors, merchants and miners all watched as bitcoin’s price ran up knocking on the door of the $2,800 level. The digital currency has climbed nearly 50 percent in the past week and by triple digits in 2017, evoking emotions ranging from euphoria to fear that a bubble is among us. And while the price has […]

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Bitcoin-based P2P Lending Platform BitLendingClub Shuts Down

December 2, 2016
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Zcash bitcoin

BitLendingClub (not to be confused with Lending Club) has shut down their bitcoin-based p2p lending platform, citing regulatory pressure. A message posted on their website says, “over the last year or so, the regulatory pressures has been increasing to the point that it is no longer feasible to maintain the operation of the platform. We […]

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