One of the United Arab Emirates (UAE)’s leading airlines, Emirates Airline, said it has plans to add “bitcoin as a payment service.” The airline is planning to recruit personnel to create applications...
Tag: Featured
Blackrock, Citadel, Gemini Deny Involvement in Terra Collapse – Featured Bitcoin News
The world’s largest asset manager, Blackrock, and hedge fund giant Citadel Securities have denied claims that they had a role in the fall of terrausd (UST) and terra (LUNA). In addition, crypto exchan...
Launch Of Rare Antiquities Token NFT Featured An Epic Fail
The launch of the Rare Antiquities Token NFT fractionalization marketplace featured an epic fail at Aura Skypool Dubai last month. What promised to be an amazing PR stunt failed when the founder of th...
Nigerian CBDC Wallet Update to Enable Utility Payments, USSD Functionality to Be Added – Featured Bitcoin News
The Nigerian central bank digital currency (CBDC) wallet app is set for an update that will see users given the ability to pay for utilities like pay television and for topping up airtime. The additio...
9 out of 10 Central Banks Worldwide Are Exploring Digital Currencies — Driven by Crypto Market – Featured Bitcoin News
Nine out of 10 central banks globally are exploring central bank digital currencies (CBDCs), according to the latest survey by the Bank of International Settlements (BIS). Furthermore, “the emergence ...
El Salvador Buys 500 Bitcoins Amid Crypto Bloodbath – Featured Bitcoin News
El Salvador has bought the bitcoin dip. Amid a heavy crypto market sell-off, the Salvadoran president announced that his country has purchased 500 more bitcoins. Since El Salvador adopted the cryptocu...
Google Forms Web3 Team — Sees Tremendous Potential, Demand for Crypto Tech Support – Featured Bitcoin News
Google is establishing a Web3 team within its cloud unit, noting that “it is a market that is already demonstrating tremendous potential.” A Google executive explained: “We’re providing technologies f...
Senator Elizabeth Warren Demands Answers From Fidelity for Allowing Bitcoin in Retirement Plans – Featured Bitcoin News
Two U.S. senators, including Elizabeth Warren, have sent a letter to Fidelity Investments demanding answers regarding the company’s decision to allow bitcoin investments in 401(k) retirement plans. “I...
IMF Says Central African Republic’s Bitcoin Adoption Poses Risks – Featured Bitcoin News
The International Money Fund (IMF) has added its voice to institutions and parties criticizing the Central African Republic (CAR)’s decision to adopt bitcoin. The IMF insists the adoption poses legal ...
Elon Musk Secures Funding From Crypto-Friendly Binance, Sequoia, Fidelity to Buy Twitter – Featured Bitcoin News
Tesla and Spacex CEO Elon Musk has secured $7.139 billion in new financing commitments to fund his acquisition of Twitter, including from several pro-crypto companies. Cryptocurrency exchange Binance,...
Gucci to Accept Crypto Payments in Retail Stores – Featured Bitcoin News
High-end fashion house Gucci will begin accepting cryptocurrencies at some of its stores this month, including bitcoin, ether, dogecoin, and shiba inu. The company plans for all of its directly operat...
Bitcoin Is Now a Viable Currency and the Government Is Freaking Out – Featured Bitcoin News
Joe Rogan, the host of The Joe Rogan Experience, likens bitcoin to the early internet. Noting that now the cryptocurrency is “a viable form of currency” that “You can actually buy things with,” he sai...
‘It’s Hard Not to Want to Be Long Crypto’ – Featured Bitcoin News
Billionaire hedge fund manager Paul Tudor Jones expects crypto to have a bright future as the Fed hikes interest rates to fight inflation. The famed investor emphasized, “It’s hard not to want to be l...
Crypto Is a New Asset Class That People Can’t Ignore – Featured Bitcoin News
An executive at Wisdomtree, an asset management firm with $78 billion under management, says that “Cryptocurrencies have firmly established themselves as a new asset class and it truly is something th...
Tesla CEO Elon Musk Gives Investment Advice He Says ‘Will Serve You Well in the Long Term’ – Featured Bitcoin News
Tesla and Spacex CEO Elon Musk has shared his recommended investment strategy, which he believes “will serve you well in the long term.” Some people noted that Musk’s strategy is similar to one adopte...
Global Asset Manager Vaneck Launches Community NFT Project — 1,000 NFTs to Be Airdropped This Week – Featured Bitcoin News
Vaneck, a global asset management firm with $85.5 billion in assets, is releasing 1,000 non-fungible tokens (NFTs) this week. “We’ve designed the Vaneck Community NFT to function like a digital member...
Wikipedia Stops Accepting Cryptocurrency Donations Citing Community’s Environmental Concerns – Featured Bitcoin News
Wikipedia has decided to stop accepting cryptocurrency donations after eight years of doing so. The decision is based on the request by the Wikimedia community citing “issues of environmental sustaina...
Warren Buffett Won’t Pay $25 for All Bitcoin in the World — Charlie Munger Calls BTC ‘Stupid and Evil’ – Featured Bitcoin News
Berkshire Hathaway CEO Warren Buffett says he won’t buy all the bitcoin in the world for $25. Meanwhile, his longtime business partner and right-hand man, Charlie Munger, says bitcoin is stupid and ev...
JPMorgan CEO Jamie Dimon Skeptical of Crypto but Says ‘Not All of It Is Bad’ – Featured Bitcoin News
Jamie Dimon, the CEO of JPMorgan Chase, says that he does not particularly like crypto but will defend your right to invest in it. However, he sees benefits in some aspects of digital currency. JPMorg...
Idaho Warns of Crypto Scams Promising 80% Returns Every 24 Hours – Featured Bitcoin News
The finance department of the U.S. state of Idaho has warned investors of a series of cryptocurrency scams promising returns as high as 80% every 24 hours with no risks to investors. Crypto Scams Prom...
Former Google CEO Eric Schmidt Starts Investing in Cryptocurrency — Finds Web3 Economics ‘Interesting’ – Featured Bitcoin News
Eric Schmidt, a former Google CEO whose net worth is $22.8 billion, reveals that he has put “a little bit” of money into cryptocurrency. He added that he finds Web3’s economics “interesting,” noting t...
Shenzhen Residents to Receive 15 Million Yuan in Digital Currency – Featured Bitcoin News
The Chinese government is giving away 15 million yuan in central bank digital currency (CBDC) to 130,000 residents of Shenzhen this Friday. The digital yuan can be used at nearly 5,000 stores with no ...
Grayscale Investments Plans European Expansion – Featured Bitcoin News
Grayscale Investments, the world’s largest digital asset manager, is expanding into Europe. “We’re going to be very thoughtful, very methodical about each of the financial centers and financial hubs t...
Central African Republic Has Adopted Bitcoin as Reference Currency — Office of the Presidency – Featured Bitcoin News
Following the confusion that surrounded initial reports, a senior staffer in the Central African Republic (CAR)’s presidency has now confirmed that bitcoin will become the country’s reference currency...
80% of Institutional Investors Expect Crypto to Overtake Traditional Investments, Survey Shows – Featured Bitcoin News
A survey by crypto trading platform Bitstamp shows that 80% of institutional investors believe crypto will overtake traditional investment vehicles. Furthermore, 70% of institutional investors said cr...
US Charges Ethereum Dev’s Conspirators Allegedly Helping North Korea Evade Sanctions Using Crypto – Featured Bitcoin News
Two European citizens have been charged for conspiring with Ethereum developer Virgil Griffith to help North Korea evade U.S. sanctions using cryptocurrency, the Department of Justice (DOJ) announced....
Afghans Use Crypto to Curb Taliban’s Influence on Their Financial Well-Being – Featured Bitcoin News
Afghan residents are reportedly acquiring digital assets that they use to preserve their savings and to diminish the ruling Taliban’s ability to affect their financial well-being. Since the militant g...
Crypto Gains Skyrocket Worldwide — Investors’ Profit Grew 5x to $163 Billion in 2021 – Featured Bitcoin News
Blockchain data analytics firm Chainalysis has found that the total cryptocurrency gains worldwide amounted to $163 billion in 2021, which was 5x the previous year or a 400% increase. Chainalysis on C...
Microstrategy CEO Dispels Rumor of Company Quietly Selling Bitcoin – Featured Bitcoin News
The CEO of the Nasdaq-listed company Microstrategy has dispelled the rumor that his company has been quietly selling bitcoin. He explained that as a company regulated by the Securities and Exchange Co...
Saudi Arabia Exploring Possibility of Implementing Blockchain in Government – Featured Bitcoin News
The Kingdom of Saudi Arabia is looking into the possibility of implementing blockchain technology across its government as well as allowing the use of cryptocurrencies. However, an official said the k...