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In August of last year, MicroStrategy set off what resembles a movement of institutions to get skin into the Bitcoin game. After Michael Saylor's firm bought its first $250 million worth of bitcoin, it took mere months for various public companies to follow suit; soon, even banks began
The U.S. Federal Investigation Bureau (FBI) was able to recover part of the ransom paid by Colonial Pipeline, the operator of the fuel distribution company that fell victim to a hack shutting down one of its key sites in the country in May. 63.7 bitcoin or approximately $2.
Nothing gets Elon Musk riled up like criticism of his soft weak hands. Amidst rumors that Tesla had further reduced its exposure to Bitcoin, Musk took to Twitter to deny selling at the peak. He reiterated a positive stance on the cryptocurrency, stating that Tesla would resume acceptance of bitcoin
News • Technology • Jun 12, 2021
Nothing gets Elon Musk riled up like criticism of his soft weak hands. Amidst rumors that Tesla had further reduced its exposure to Bitcoin, Musk took to Twitter to deny selling at the peak. He reiterated a positive stance on the cryptocurrency, stating that Tesla would resume acceptance of bitcoin
News • Technology • Jun 12, 2021
In August of last year, MicroStrategy set off what resembles a movement of institutions to get skin into the Bitcoin game. After Michael Saylor's firm bought its first $250 million worth of bitcoin, it took mere months for various public companies to follow suit; soon, even banks began
News • Economy • Jun 07, 2021
The U.S. Federal Investigation Bureau (FBI) was able to recover part of the ransom paid by Colonial Pipeline, the operator of the fuel distribution company that fell victim to a hack shutting down one of its key sites in the country in May. 63.7 bitcoin or approximately $2.
News • Business • Jun 07, 2021
El Salvador has big plans for Bitcoin: the Central American country seeks to become the first to declare Bitcoin legal tender and pave the way for wider adoption of Bitcoin among its population of 6.5 million. The efforts are led by Nayib Bukele, a Salvadorian businessman and the country&
News • Economy • Jun 04, 2021
Bitcoin proponents have long pushed back against frequently resurfacing concerns surrounding Bitcoin's carbon footprint. Now, a new collaborative effort might just deliver an argument Bitcoin mining critics will find themselves struggling to refute. Bitcoin infrastructure firm Blockstream has partnered with Jack Dorsey-led Square to build and open-source, solar-powered
News • Business • Jun 04, 2021
Square is considering building a Bitcoin hardware wallet to encourage non-custodial bitcoin storage, as Square chief executive and Twitter CEO Jack Dorsey revealed in a Twitter thread on Friday. While the firm has not yet decided if and when it will introduce such a wallet to the market, Dorsey wants
News • Business • Jun 03, 2021
Besides their first real-life Bitcoin get-together in over a year, 12,000 bitcoiners attending the Bitcoin 2021 Conference in Miami this week can look forward to a weekend filled with games and a prize pool of 1 bitcoin, worth just under $39,000 at press time. Hosted by gaming startup
News • Business • Jun 02, 2021
A new Taproot signaling period has begun, and activation looks likely. Although it is only one day into the two-week signaling period, 97.92% of mined blocks have signaled readiness for Taproot deployment. The activation process follows the rules specified in Speedy Trial, which requires that 90% of blocks mined
News • May 29, 2021