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Block reports market-beating results for its fiscal second quarter. It attributed nearly half of its quarterly revenue to Bitcoin sales. Shares of the fintech still ended nearly 15% down on Friday. Block Inc ended nearly 15% down on Friday even though it reported market-beating results for its second financial quarter. Bitcoin made up half of
The Layer 2 protocol addresses the historic limitations of the BTC blockchain to improve speeds while reducing the costs associated with the transactions. Popular mobile payment service Cash App has integrated the Bitcoin (BTC) Lightning Network as a part of an update, allowing faster and cheaper BTC transfers using the Layer 2 (L2) payment protocol. Cash…