Last year was impressive for blockchain startups, as research from CB Insights found that venture capital funding reached new heights during every quarter of 2021. According to CB Insights’ “State Of Blockchain 2021” report, $25.2 billion worth of venture capital funding went to global blockchain startups last year, demonstrating a 713% increase from $3.1 billion in 2020.The … [Read more...] about Blockchain startups grow as global VC funding generated $25.2B in 2021
generated
Square’s Cash App Generated $1.8B in Bitcoin Revenue in Q3
Payments firm Square said in its third-quarter earnings letter Thursday that its peer-to-peer payment service, Cash App, generated $1.82 billion of bitcoin revenue in the quarter and $42 million of gross profit, up 115% and 29% year over year, respectively.Bitcoin revenue and gross profit decreased in the third quarter versus the second quarter, however, Square said, citing the … [Read more...] about Square’s Cash App Generated $1.8B in Bitcoin Revenue in Q3
Uniswap has now generated more than $1B in fees for liquidity providers
Leading decentralized exchange, Uniswap, has become the first DeFi protocol to generate more than $1 billion worth of platform fees for liquidity providers.On August 10, Lucas Outumuro, head of research at crypto data aggregator IntoTheBlock, shared a chart to Twitter showing that the combined fee revenues of Uniswap’s v2 and v3 Ethereum mainnet deployments have surpassed $1 … [Read more...] about Uniswap has now generated more than $1B in fees for liquidity providers