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The Latest Breaking News from CashApp

Crowdfunded generosity isn’t taxable – but IRS regulations haven’t kept up with the growth of mutual aid

Have you ever received some money through a GoFundMe campaign or Venmo or CashApp transfers after a medical emergency, natural disaster or other crisis?

The Conversation

The Erroneous 1099-K: Why Seniors are Receiving IRS Forms for Under $20,000 and the 3-Step “Zero Out” Rule

If you opened your mailbox this week to find an IRS Form 1099-K from Venmo, PayPal, or CashApp for a few thousand dollars, your first...

Saving Advice

‘What’s your CashApp?’: California woman opens her DMs. Should she accept unsolicited offers from men who want to just give her money for being ‘pretty’?

A woman from California is facing a relatively unique problem—men want to send her money “just because she’s pretty.”

The Mary Sue

From analysis to the latest developments in health,
read the most diverse news in one place.

With the Destruction of the Consumer Financial Protection Bureau, Fraud Victim ‘Not Hopeful’ He’ll Be Refunded

Agency charged with protecting consumers drops high-profile fraud cases, leaving victims in limbo.

Capital & Main

Jack Dorsey’s Block will let employees choose cash instead of stock compensation

With its stock trading at less than half its 2021 value, the fintech company is looking to retain workers and boost morale.

Fortune

Tech consultant accused of murdering CashApp founder Bob Lee tells jury they clashed over ‘bad joke’

A tech consultant charged in Cash App founder Bob Lee’s stabbing death has testified that the famous entrepreneur suddenly attacked him in a rage

The Independent UK

Exclusive: Jack Dorsey’s Block plans more layoffs just days after cuts at Tidal

The company behind CashApp, Square, and Tidal has conducted multiple rounds of layoffs over the last year.

Fortune

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Florida cop left his gun in gas station restroom when nature called. It was then sold on CashApp for $40

Chance Byron, 26, and Damari Dennis, 23, claim they found the weapon ‘sticking out of a toilet paper roll,’ according to authorities

The Independent UK

Red Bull might not take Yuki Tsunoda seriously yet, but RB does

Tsunoda was labelled a fast but slightly inconsistent hothead upon his F1 arrival in 2021 at the tender age of 20, going viral because of his expletive-laden radio messages. But with it being easier to calm a fast driver down than it is to make a consistently average driver faster,…

Autosport

Brickbat: Consider It a Loan

Former federal corrections officer Andy Steven Johnson has pleaded guilty to theft by an employee of the U.S. and wire fraud. While working at the United States Penitentiary in Atlanta, Johnson took an inmate's cellphone, opened CashApp, and sent $300 to his own CashApp account. He later transferred the money…

Reason

Money stored in Venmo, other payment apps could be vulnerable, financial watchdog warns.

Customers of Venmo, PayPal and CashApp should not store their money for the long term with these apps since their funds may not be covered by deposit insurance, the Consumer Financial Protection Bureau warned on Thursday

The Independent UK

Block sees higher profits despite lagging Bitcoin sales

Despite the payment provider’s negligible Bitcoin profit, cofounder and CEO Jack Dorsey remains a Bitcoin evangelist.

People

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read the most diverse news in one place.

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