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Business

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

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

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
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
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
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
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
It happened. After weeks filled with headlines and anticipation ahead of Coinbase’s direct listing on NASDAQ, the stock is now live — although the launch didn’t prove quite as successful as many had expected. About two weeks after the initial announcement, Coinbase gave its long-awaited stock market debut on
News • Business • Apr 16, 2021
On Tuesday, privacy-focused messenger Signal published a blog post introducing a number of beta features, among them "Signal Payments," which it described as “a new feature that enables you to send and receive privacy focused payments.” To facilitate these payments, Signal uses payment network MobileCoin, which — as the
News • Bitcoin • Apr 07, 2021
Fidelity, Square, Paradigm, and Coinbase are joining forces in a new lobby group seeking to help shape Bitcoin regulation, according to a press release published on Tuesday. The Crypto Council for Innovation (CCI) says it seeks to "unlock the promise of crypto." Referring to itself as a "
News • Bitcoin • Apr 05, 2021
Open-source Bitcoin payment processor BTCPay Server released a patch today which covered a few low-impact vulnerabilities and one critical vulnerability. The service's developers recommend that users who use Docker Deployment, have configured an email server, and have enabled registration for their users update their client as soon as
News • Business • Mar 29, 2021