Shark Tank star and the owner of the NBA team Dallas Mavericks, Mark Cuban, has made an argument that accepting cryptocurrencies, including bitcoin, will actually help the environment. He told Elon Musk, whose electric car company Tesla has suspended accepting bitcoin, citing environmental problems. Mark Cuban vs Elon Musk Billionaire entrepreneur and investor Mark Cuban […]
Norwegian billionaire Kjell Inge Rokke says bitcoin becoming mainstream is inevitable. Unlike Tesla, which stopped accepting cryptocurrency, Rokke’s company is now considering accepting bitcoin as a means of payment, emphasizing that Elon Musk’s comments about the cryptocurrency’s environmental issues have not changed anything. Norwegian Oil Mogul Dives Deeper Into Bitcoin Norwegian oil billionaire Kjell Inge […]
Over the course of the last week, the concern tied to the environmental impact bitcoin mining produces continues to be a very topical discussion. On May 14, the musician and activist, Sean Ono Lennon, the son of John Lennon and Yoko Ono, said that he’s more concerned with consumerism than those complaining about bitcoin’s use […]
On May 15, the Bitcoin Cash upgrade was applied successfully to the blockchain, bringing a slew of features directed toward improving the overall experience of users. This particular upgrade marks the start of a new upgrade schedule that will allow developers to invest more time in testing new features added to the protocol in the […]
Cobie, the host of the Uponly podcast and a popular crypto Twitter personality, bolstered a fundraising session for John Oliver, a six-year-old kid that is currently battling leukemia. The initiative was quite successful, getting the attention of the likes of FTX executive Sam Bankman Fried, and managed to raise more than $800,000 to pay for […]
Cryptocurrencies have been a cause for concern in Teheran as the digital assets have attracted capital from other, traditional markets. The parliament’s leadership has now asked the tax agency to profile the owners of Iranian platforms facilitating cryptocurrency trading and report to the Majlis. Parliament Speaker Asks Tax Agency to Report on Crypto Trading Platforms […]
A popular international music festival, Exit, is now accepting cryptocurrency for tickets, products, and services. This year’s 20th-anniversary edition of the European event will be held in early summer and the festival’s online store already offers discounts for impatient music fans and visitors. Fans to Pay With Crypto for Festival Passes and Accommodation Bitcoin, the […]
This week a great number of bitcoin supporters and skeptics have been arguing over whether or not bitcoin mining is harmful to the global environment. However, crypto supporters have been saying that concerns over the Bitcoin network’s energy supply are absurd, in contrast to the carbon used and the military violence that backs a number […]
Grayscale, one of the largest cryptocurrency fund managers, has declared it is trying to morph the bitcoin trust GBTC into an exchange-traded fund (ETF) to solve its price woes. The exchange rate is now at a 20% price discount compared to its bitcoin holdings, a fact that has many worried about the overall sustainability of […]
Bridgewater Associates founder Ray Dalio has warned that cryptocurrency’s biggest risk is its own success. He explained that it could attract regulators to come down tough on the crypto industry because “as a storehold of wealth no government wants to have an alternative currency.” Crypto’s Success May Attract Tough Regulation Ray Dalio, the founder of […]
The CEO of Square Inc. says that “bitcoin changes everything for the better.” His comment followed one from Square’s CFO reaffirming the company’s corporate bitcoin strategy. The CEO also made a commitment to “forever work to make bitcoin better.” Meanwhile, Square and Ark Invest have published a report arguing “for bitcoin as a key driver […]
Police in China’s Jiangxi province have reportedly recovered bitcoins stolen from a victim and returned them to the owner. The case involves the theft of 8.236 bitcoins, worth approximately 3 million yuan. Police Return Bitcoin to Theft Victim Police in China’s Jiangxi province have reportedly solved a case involving the theft of bitcoins worth almost […]
Crypto markets have been very volatile in recent times and a great number of digital assets have dropped more than 30% in value during the last three days. Although, not all the coins in the crypto economy are doing badly, as coins that do not leverage proof-of-work (PoW) consensus algorithms have actually done well after […]
A city in the U.S. state of North Dakota has begun accepting cryptocurrencies for utility bill payments. The city’s finance director says, “We are the first municipality in the state of North Dakota, and the third in the nation, to offer this service.” City Government Accepts Crypto Payments The city of Williston in the U.S. […]
The mysterious creator of bitcoin has always been a topical conversation and over the years, a great number of self-proclaimed blockchain inventors have said that they once played the role of Satoshi Nakamoto. Of course, none of these so-called Satoshis have ever proven this to the greater cryptocurrency community, but it hasn’t stopped lots of […]
In 2008, Satoshi Nakamoto launched Bitcoin and unleashed a novel technological paradigm. It laye the foundations for the decentralized blockchain-cryptocurrency community. Today, the underlying technology touches various aspects of our lives and businesses. Yet, who initiated the revolution is still a mystery. Most people know Bitcoin is Satoshi Nakamoto’s brainchild. But no one knows who […]
DBS Group, Southeast Asia’s largest bank, has launched a trust service for cryptocurrencies for its private banking clients. The service allows clients to invest, store, and manage their cryptocurrencies in a safe, secure, and structured manner, the bank explained. DBS’ New Cryptocurrency Trust Service DBS Group said Friday that its private banking arm, DBS Private […]
The Brooker Group has reportedly become the first publicly listed company in Thailand to hold bitcoin on its balance sheet. The company has disclosed that it has bought 122.3158 bitcoins worth $6.6 million or 200 million baht. Thai Public Company Invests in Bitcoin The number of public companies investing in bitcoin is growing worldwide. In […]
A group of Chinese investors has filed a lawsuit against an alleged crypto fraudster based in New York, United States, who ran a Wechat group where he handled the scheme. The scammer reportedly promoted the bogus investment opportunity by promising earnings of “$200,000 in one day.” Scam Allegedly Ran From 2016 to 2020 According to […]
Galaxy owners will be able to connect hardware wallets to their smartphones and transfer coins to the built-in wallet that comes with most devices in the popular lineup. Samsung says that makes it easier for users to access their cryptocurrency and make transactions. Update Allows Galaxy Users to Link Their Crypto Wallets to Cold Storage […]