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E-Commerce Giant Mercado Libre Adds Bitcoin to Balance Sheet
E-Commerce Giant Mercado Libre Adds Bitcoin to Balance Sheet
News  •  Business  •  May 05, 2021 by Thomas M

Argentine e-commerce corporation Mercado Libre has bought $7.8 million worth of bitcoin, as revealed in the firm's Q1 earnings results. Mercado Libre is Latin America's most popular e-commerce platform, counting more than 170 million users in 2016. The decision to buy bitcoin was made in

All You Need Is Bitcoin
All You Need Is Bitcoin
Opinion  •  Bitcoin  •  May 03, 2021 by Obi Nwosu

Obi Nwosu is the CEO and co-founder of Coinfloor, the UK's longest-running Bitcoin exchange. He has over 20 years’ experience building online marketplaces and bringing virtual currencies to tens of millions of people. Obi writes The Road to Bitcoin Hegemony, a weekly recap of some of the most

Kazakhstan Plans Central Bank Digital Currency Pilot
Kazakhstan Plans Central Bank Digital Currency Pilot

Kazakhstan's central bank is considering the issuance of a central bank digital currency (CBDC). A report published by the National Bank of Kazakhstan on Wednesday outlines plans to launch a pilot project for a digital tenge. The pilot would see a two-tier structure, with the National Bank as

News  •  Economy  •  May 05, 2021
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Kazakhstan Plans Central Bank Digital Currency Pilot
Kazakhstan Plans Central Bank Digital Currency Pilot

Kazakhstan's central bank is considering the issuance of a central bank digital currency (CBDC). A report published by the National Bank of Kazakhstan on Wednesday outlines plans to launch a pilot project for a digital tenge. The pilot would see a two-tier structure, with the National Bank as

News  •  Economy  •  May 05, 2021
E-Commerce Giant Mercado Libre Adds Bitcoin to Balance Sheet
E-Commerce Giant Mercado Libre Adds Bitcoin to Balance Sheet

Argentine e-commerce corporation Mercado Libre has bought $7.8 million worth of bitcoin, as revealed in the firm's Q1 earnings results. Mercado Libre is Latin America's most popular e-commerce platform, counting more than 170 million users in 2016. The decision to buy bitcoin was made in

News  •  Business  •  May 05, 2021
All You Need Is Bitcoin
All You Need Is Bitcoin

Obi Nwosu is the CEO and co-founder of Coinfloor, the UK's longest-running Bitcoin exchange. He has over 20 years’ experience building online marketplaces and bringing virtual currencies to tens of millions of people. Obi writes The Road to Bitcoin Hegemony, a weekly recap of some of the most

Opinion  •  Bitcoin  •  May 03, 2021
Game Publisher Nexon Buys $100M Worth of Bitcoin
Game Publisher Nexon Buys $100M Worth of Bitcoin

South Korean-Japanese game publisher Nexon has become the latest publicly traded company to add Bitcoin to its balance sheet. As the firm announced on Wednesday, it has bought $100 million worth of bitcoin, which represents less than 2% of its total cash and cash equivalents. This makes Nexon the first

News  •  Business  •  Apr 27, 2021
Heads I Win, Tails I Win
Heads I Win, Tails I Win

Obi Nwosu is the CEO and co-founder of Coinfloor, the UK's longest-running Bitcoin exchange. He has over 20 years’ experience building online marketplaces and bringing virtual currencies to tens of millions of people. Obi writes The Road to Bitcoin Hegemony, a weekly recap of some of the most

Opinion  •  Politics  •  Apr 26, 2021
Tesla Sold $272M Worth of Bitcoin to "Prove Liquidity of Bitcoin"
Tesla Sold $272M Worth of Bitcoin to "Prove Liquidity of Bitcoin"

Tesla has sold $272 million worth of bitcoin, amounting to 10% of its previous $1.5 billion bitcoin purchase announced in February. This leaves the car manufacturer with $1.331 billion worth of bitcoin on its balance sheet, according to the firm's Q1 shareholder update. The sale had

News  •  Business  •  Apr 26, 2021
The Best Banks for Bitcoiners in 2021
The Best Banks for Bitcoiners in 2021

By banning its customers from buying and holding MicroStrategy and Coinbase stock due to their indirect connection to "virtual currency products," HSBC made clear last week that it has no interest in participating in the accelerated demand for Bitcoin — and by extension, neither can the customers of Europe&

News  •  Business  •  Apr 25, 2021
Difficult By Design
Difficult By Design

Obi Nwosu is the CEO and co-founder of Coinfloor, the UK's longest-running Bitcoin exchange. He has over 20 years’ experience building online marketplaces and bringing virtual currencies to tens of millions of people. Obi writes The Road to Bitcoin Hegemony, a weekly recap of some of the most

Opinion  •  Bitcoin  •  Apr 19, 2021
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