You can now get paid in bitcoin to use Twitter Via CNBC.com: Twitter on Thursday announced it will now allow users to tip their favorite creators on the social network using bitcoin. The company introduced tipping as a test feature back in May as a way to experiment with helping creators earn payments from their followers for the content they post on Twitter. The company announced Thursday that its Tips […]
China’s central bank says all cryptocurrency-related activities are illegal Via CNBC.com: China’s central bank renewed its tough talk on bitcoin Friday, calling all digital currency activities illegal and vowing to crack down on the market. In a Q&A posted to its website, the People’s Bank of China said services offering trading, order matching, token issuance and derivatives for virtual currencies are strictly prohibited. Overseas crypto exchanges providing services in mainland […]
Ukraine is the latest country to legalize bitcoin as the cryptocurrency slowly goes global Via CNBC.com: Ukraine is the fifth country in as many weeks to lay down some ground rules for the cryptocurrency market, a sign that governments around the world are realizing that bitcoin is here to stay. In a nearly unanimous vote, the Ukrainian Parliament adopted a law that legalizes and regulates cryptocurrency. The bill was set […]
Bitcoin tumbles nearly 10% as El Salvador adopts it as legal tender Via CNBC.com: The price of bitcoin fell Tuesday after breaking through $52,000 late Monday, reaching its highest level since May. The price action comes on the day El Salvador is set to adopt the largest cryptocurrency , becoming the first country to do so. Bitcoin dropped as much as 16% on Tuesday morning. It was last down about […]
Bitcoin volatility will drive investors back to gold, says mining firm chairman Via CNBC.com: Wild swings in cryptocurrencies will eventually drive bitcoin investors to return to gold, says the executive chairman of gold mining firm Evolution Mining. Jake Klein said bitcoin still has a “long way to go” before it demonstrates the kind of “longevity and security” that gold has proven to offer investors over the last 70 years. Cryptocurrencies […]
Peter Thiel-backed crypto broker Bitpanda triples valuation in five months to $4.1 billion Via CNBC.com: Bitpanda, a European cryptocurrency trading platform, has raised $263 million in a fresh round of funding valuing the company at $4.1 billion. That’s more than three times the $1.2 billion Bitpanda was worth in its last private financing round five months ago. The latest cash injection brings the company’s total raised to nearly $500 million. […]
Crypto market tops $2 trillion for the first time in nearly 3 months as bitcoin rallies Via CNBC.com: Bitcoin topped $48,000 over the weekend, its highest level since mid-May but pared some of those gains on Monday. On Saturday, the digital coin hit $48,126.47, its highest level since May 17, according to Coindesk data. Around 2:49 a.m. ET on Monday, bitcoin was trading at $47,442.40 The bitcoin recovery comes after […]
More than $600 million stolen in what is likely to be one of the biggest cryptocurrency thefts ever Via CNBC.com: More than $600 million has been stolen in what’s likely to be one of the biggest cryptocurrency thefts ever. Hackers exploited a vulnerability in Poly Network, a platform that looks to connect different blockchains so that they can work together. Poly Network disclosed the attack on Twitter and asked to […]
Bitcoin retakes $46,000 as rebound continues Via CNBC.com: The price of bitcoin broke past $46,000 on Monday morning after a high stakes weekend for the crypto industry as the Senate continued debating the details of its part in the still yet-to-be-passed infrastructure bill. Bitcoin traded as high as $46,465. That marks its highest level since May 16, when it hit $49,770.33, according to Coin Metrics. It traded at $46,239.88 at […]
