Several CEOs have expressed their desire to help get government stimulus money into the hands of consumers and small businesses;...
Lightning Labs announced it had raised $2.5 million and at the same time released a beta version of their technology; one of the criticisms of bitcoin is that it can handle a limited number of transactions per second; some believe that bitcoin should increase its block size to process more transactions; Lightning Labs is working on the Lightning Network to add another layer of transactions to sit on top of the blockchain network which would allow for more transactions to take place. Source
Square has launched its mobile payment services for businesses in the UK; the UK marks the fifth country to offer the firm's services and Jack Dorsey says the firm plans to also expand further throughout Europe; with the launch, small businesses in the UK can now begin to use all of the services offered through the firm's feature products, the Square Reader and the Square Point of Sale app for transactions. Source
Blockchain Week New York, headlined by the Consensus 2018 conference, has wrapped up. There was more blockchain and cryptocurrency hype...
Dorsey was recently interviewed at the Computer History Museum in Mountain View; Dorsey is bullish on the future of blockchain describing it as the "next big unlock"; believes that people need to be thoughtful in the applications of blockchain, focusing on what are the best applications of the technology; also discusses bitcoin and how it is beginning to reach more people. Source