Celsius addressed their community with a memo late at night on June 12th, 2022 announcing the platform's suspension of withdrawals, swaps, and transfers between accounts. The memo explains the company's decision and is rationalized as an action that is necessary to “put Celsius in a better

Farfetch Ltd (NYSE : FTCH), a digital platform for luxury fashion featuring brands like Balenciaga, Burberry, Gucci, and more, will begin accepting Bitcoin and other cryptocurrencies for payment. The company will have a pilot program that will begin with luxury European stores in Paris, London, and Milan. All U.S., U.

In April of this year, Bitcoin and cryptocurrency exchange Bitfinex and the company of Tether raised 36 Bitcoin (roughly $1.5 million) to support families who were affected by gang violence occurring in El Salvador.  A tweet from Christian Guevara on June 9th, 2022 showed Max Keiser, Stacy Herbert, and

Jay-Z has teamed up with former Twitter CEO Jack Dorsey to debut The Bitcoin Academy in the rapper's home of Brooklyn, New York. “[Jay-Z] and I are funding The Bitcoin Academy, a program for residents of Marcy Houses in Brooklyn New York where Jay grew up,” Dorsey Tweeted.

San Diego-based fintech startup, Edge, has launched the first confidential Bitcoin spending card. Announced on Wednesday, June 8th, 2022, this card does not require know-your-customer (KYC) data for registration.  “There is no name or address associated with your Edge Mastercard, making for completely private transactions when your card is used,

Up to 75% of retailers in the U.S. plan to accept Bitcoin and cryptocurrency payments within the next two years according to a new survey published by Deloitte and PayPal on Wednesday titled, “Merchants Getting Ready for Crypto.” The survey sampled 2,000 senior executives at U.S. retail

Leading Bitcoin bank, Custodia, has sued the Federal Reserve Board of Governors and the Federal Reserve Bank of Kansas City, in order to force a decision on Custodia's application for a master account. Custodia charges that their application has been “unlawfully” detained for 19 months; in contrast, the

This past Tuesday, finance giant PayPal announced the release of a long-demanded feature. PayPal users may now transfer Bitcoin and other cryptocurrency funds off the platform and into external wallets.  According to a newsroom announcement from PayPal on June 7th, 2022, the platform now supports “the native transfer of cryptocurrencies