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Bitcoin passes the ransom test – Reuters

The classic ransom is a suitcase full of unmarked U.S. dollar bills. Bitcoin’s role in the Colonial Pipeline hack shows the global currency of crime has a rival. That’s a sort of sign of bitcoin’s success, but it also sets the scene for regulators to step up … WASHINGTON (Reuters Breakingviews) – The classic ransom...
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Bitcoin-exposed stocks slide alongside the cryptocurrency as Elon Musk once again wreaks havoc with a tweet

Shares of bitcoin-exposed companies suffered in tandem with bitcoin as tweets from the Tesla CEO continue to move markets. Companies exposed to bitcoin slid on Monday in the wake of the cryptocurrency plunging to its lowest level since February after Elon Musk suggested Tesla might have sold its holdings over the weekend… [+1120 chars]
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PayPal will soon let you exchange Bitcoin across third-party apps

After years of hesitation, PayPal continues to double down on cryptocurrency. Soon, PayPal users in the U.S. will be able to transfer, withdraw, and exchange their crypto (like Bitcoin) across popular third-party platforms and digital wallets like Coinbase, t… After years of hesitation, PayPal continues to double down on cryptocurrency. Soon, PayPal users in the...
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Coinbase Says Screw It, We’ll Let You Buy Doge

The cryptocurrency exchange platform Coinbase has caved. After a long silence to the hoards imploring the company to let them trade Dogecoin, they’ve decided to list the meme, adding a sheen of legitimacy to a cryptocurrency with limitless supply, which whale… The cryptocurrency exchange platform Coinbase has caved. After a long silence to the hoards...
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Elon Musk says Tesla will resume Bitcoin purchases when Bitcoin gets greener

It’s all about clean energy, it seems.  Elon Musk and Tesla caused ripples in the cryptocurrency market in the past few months, first by announcing that Tesla had bought $1.5 billion worth of bitcoins and that it will start accepting Bitcoin for purchases, an… It’s all about clean energy, it seems.  Elon Musk and Tesla...
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Miami’s Bitcoin Conference May Be the Latest Covid-19 Super Spreader Event

Several crypto fans that descended on Miami, Florida, last weekend for the largest bitcoin conference in history are now saying they’ve tested positive for covid-19. Read more… Several crypto fans that descended on Miami, Florida, last weekend for the largest bitcoin conference in history are now saying theyve tested positive for covid-19. Larry Cermak, research...
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Bitcoin: El Salvador makes cryptocurrency legal tender

It is the first country in the world to make the move, following a proposal by its president. image captionThe move means bitcoin will be accepted everywhere for goods and services, alongside the US dollar El Salvador has become the first country in the world to officially classify Bitcoin a… [+2233 chars]
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El Salvador Becomes First Country to Recognize Bitcoin as Currency

El Salvador has become the first country in the world to recognize the cryptocurrency bitcoin as legal currency, according to President Nayib Bukele in a tweet on Wednesday. Citizens will be able to pay taxes in bitcoin and, perhaps most importantly for bitco… El Salvador has become the first country in the world to recognize...
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El Salvador becomes the first country to approve Bitcoin as legal currency

El Salvador has voted to adopt Bitcoin as legal tender.. El Salvador’s President Nayib Bukele has made good on his promise to adopt Bitcoin as legal tender. Officials in the Central American country’s congress voted to accept the cryptocurrency by a majori… [+1414 chars]
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