Tag Archives: bitcoin

The sudden death of a controversial financial investor left behind a bitcoin fortune estimated to be worth more than $2 billion. According to local news reports, Mircea Popescu drowned off the coast of Costa Rica at the age of 41. The trending topic behind his death is what will happen …

This week, Miami will be home to the largest cryptocurrency conference in history. According to Fox Business, the conference will run from June 3 to June 5 at the Mana Convention Center in Miami’s Wynwood neighborhood. Some of those who are expected to attend are Twitter CEO Jack Dorsey and …

The price of Bitcoin continued to plummet after China cracked down on cryptocurrencies. On Wednesday, the price fell below $34,000 (£24,030) for the first time in three months. The drop occurred after Beijing banned banks and payment firms from providing crypto-currency transactions. This fall follows the Bitcoin plunge of more …

Venmo has incorporated cryptocurrency trending into its payment app. The move comes as Bitcoin continues to plunge into the mainstream. The PayPal-owned company will open crypto trading by allowing members to purchase, maintain and sell Ethereum, Litecoin, Bitcoin, and Bitcoin Cash. Venmo users will also be able to buy a …

E11even Miami has become the first major nightclub in the United States to accept cryptocurrency as a payment form. On Tuesday, the E11even Partners hospitality group announced that it had partnered with a cryptocurrency processing company to accept various purchases using Bitcoin, Bitcoin Cash, Ripple, Dogecoin, and several others. Patrons …

Federal prosecutors say that Instagram influencer Jay Mazini was charged with wire fraud for allegedly scheming and defrauding his followers of $2.5 million in Bitcoin. According to the federal complaint, Mazini–real name Jebara Igbara–told his nearly 1 million Instagram followers to send him Bitcoin in exchange for wire transfers of cash, …

Elon Musk, the CEO of Tesla, revealed on Twitter that the company now accepts bitcoin as payment for its vehicles in the United States. The cryptocurrency payment option is now available on its US website, alongside the conventional credit card payment option. Other countries will be able to pay with …

On Thursday morning, the bitcoin price held above $51,000 after hitting a record high on Wednesday of over $52,600. As recently as March 2020, bitcoins meteoric rise under $4,000 means that the largest cryptocurrency is not far away from a market capitalization of $1 trillion. On the Coinbase exchange, the …

Ten years ago, someone offered up 10,000 Bitcoin to whoever would deliver him two Papa John’s pizzas. Factoring in for today’s Bitcoin prices, the pizzas would now be worth a whopping $470 million. According to Hypebeast, Laszlo Hanyecz logged onto BitcoinTalk, an online forum, and made the offer. At the time, BTC was trading under …

In a filing with the Securities and Exchange Commission, Tesla announced that it bought $1.5 billion in Bitcoin. The company plans to accept the currency as a payment method for its product, making it the first automaker to do so. After the announcement, Bitcoin shares rose 15%, and Tesla shares …

On Monday, Tesla announced that it bought $1.5 billion in Bitcoin. The company said it bought the bitcoin in a filing with the Securities and Exchange Commission for “more flexibility to further diversify and maximize returns on our cash.” In exchange for its goods, Tesla also said it would start …

According to Reuters, German prosecutors confiscated over 50 million euros (USD 60 million) worth of bitcoin from a man. But authorities are unable to get to the money because he won’t give up the password. The unidentified man has since served his prison term and withheld his password from authorities …

As the prices of two well known digital coins spiked, Robinhood moved to ban users from hastily buying cryptocurrencies on Friday. Robinhood said it had temporarily disabled “Instant Deposits” for purchases of cryptocurrencies in a post on its website. That means that once the deposit clears, which may take up …

A foreign account has been linked to large bitcoins payments sent to right-wing individuals and groups a month before the domestic terrorist attack on the U.S. Capitol.  On Dec. 8, someone transferred 28.15 bitcoins simultaneously to 22 different virtual wallets. The 28.15 bitcoins, which were worth more than $500,000 at …

Bitcoin has reached its highest trading value ever, hitting nearly $20,000. According to Coindesk, Bitcoin traded at $19,920.53 Tuesday. It topped its previous high by $137, which was reached nearly three years ago. And since the start of this year, Bitcoin has risen in value by more than 170%. Although …

As of today, PayPal Holdings Inc has joined the cryptocurrency market, which allows customers to buy, sell, and hold bitcoin and other virtual coins using the U.S. digital payments company’s online wallets. In a statement, the company said that customers will be able to use the cryptocurrencies to shop at …

Cryptocurrency is getting more popular with each day that passes and #Akon is making sure he doesn’t miss the money train, as he just launched a new cryptocurrency called Akoin. The singer-songwriter has already been bringing energy and solar power back to Africa with his project Lighting Africa, and now …

It’s no secret that 50 Cent is a good businessman and is savvy about where to invest his money. So in true 50 fashion, the rapper took a chance on bitcoin years ago and is now reaping the benefits in a major way. ⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀ Back in 2014, 50 allowed fans …