Tag: Featured

‘There’s More Work to Do’ — 11 Years Ago, Satoshi Nakamoto Sent a Final Message to the Bitcoin Community – Featured Bitcoin News

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[ad_1] To this day, Satoshi Nakamoto is one of Bitcoin’s biggest mysteries as people have searched far and wide to uncover the creator’s identity. 11 years ago, on December 12, 2010, the pseudonymous blockchain programmer (or programmers) left a final message to the crypto community stressing that “there’s more work to do on [denial-of-service] DoS.” Satoshi Nakamoto’s Legacy: Introducing Bitcoin, Kickstarting the Network and Giving Sound Advice Approximately 11 years ago on December 12, 2010, the inventor of Bitcoin left the community and has never returned. There were a few…

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‘Bitcoin Is Worth Zero’ — Kenyan Communication Strategist Warns African Investors to Be Wary – Featured Bitcoin News

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[ad_1] A Kenyan communications strategist, Mwotia Ciugu, has told African investors to be wary of investing in bitcoin which he claims is worth zero. Bitcoin Structurally Incapable of Delivering on Its Promise In an op-ed published by The Elephant, Ciugu insists bitcoin (BTC) is structurally incapable of delivering on its promise of becoming an alternative store of value or a hedge against inflation. In addition, the strategist also claims bitcoin fails both as a currency and an investment. Although he concedes that Africa has one of the highest cryptocurrency adoption…

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Tesla Informs SEC It May Restart Transacting in Cryptocurrencies – Featured Bitcoin News

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[ad_1] Elon Musk’s electric car company, Tesla, has informed the U.S. Securities and Exchange Commission (SEC) in a quarterly filing that it may restart the practice of transacting in cryptocurrencies for its products and services. Tesla suspended accepting bitcoin in May, citing environmental concerns. Tesla May Resume Accepting Bitcoin, SEC Filing Shows Tesla Inc. filed a quarterly report with the U.S. Securities and Exchange Commission (SEC) Monday. The company explained that during the nine months ended Sept. 20, it “purchased an aggregate of $1.50 billion in bitcoin.” In its Q3…

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Tesla Hodls Bitcoin in Q3, Elon Musk Tweets BTC at $69K Meme – Featured Bitcoin News

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[ad_1] Tesla is currently holding bitcoin worth $1.26 billion on its balance sheet, the company’s third-quarter earnings report shows. The electric car company reported a bitcoin-related impairment of $51 million in the quarter. Meanwhile, CEO Elon Musk tweeted a meme showing the price of bitcoin at $69K and ether at $4.2K. Tesla Continues to Hold Bitcoin on Balance Sheet Elon Musk’s electric car company, Tesla (Nasdaq: TSLA), released its third-quarter earnings report Wednesday. The company posted $13.757 billion in revenue, a 57% increase from the same period last year. It…

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Morgan Stanley’s Executive Likens Bitcoin’s Resilience to Kenny Who Dies in Every South Park Episode – Featured Bitcoin News

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[ad_1] Morgan Stanley Investment Management’s Dennis Lynch, says that bitcoin’s resilience is like Kenny from the popular TV series South Park. In almost every episode, Kenny comically died but always came back, just like how bitcoin bounces back every time after a bear market. Bitcoin Is Similar to Kenny in South Park, Says Morgan Stanley’s Executive Morgan Stanley’s Dennis Lynch talked about bitcoin’s resilience at Morningstar’s annual investment conference Thursday. Lynch is head of the Counterpoint Global team at Morgan Stanley Investment Management, the bank’s asset management arm. He joined…

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Report – Featured Bitcoin News

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[ad_1] Stock trading and investing app Robinhood has reportedly been testing new features, including a crypto wallet and cryptocurrency transfers. “The ability to deposit and withdraw cryptocurrencies is tricky to do with scale, and we want to make sure it’s done correctly and properly.” Robinhood to Add Crypto Wallet and Transfer Features Investing app Robinhood is “quietly” testing several new features, Bloomberg reported Monday, describing: Robinhood Markets Inc. is testing new crypto wallet and cryptocurrency transfer features for its app. Evidence of the new features has appeared in a beta…

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Hip-Hop Star Megan Thee Stallion Creates ‘Bitcoin for Hotties’ Video to Educate Millions of Fans About Crypto – Featured Bitcoin News

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[ad_1] Award-winning hip-hop artist Megan Thee Stallion has published a video of herself explaining the basics of bitcoin, including what it is, why it is valuable, and how to obtain it. The famed rapper previously gave away $1 million in bitcoin to her fans in collaboration with Square’s Cash App. Famous Hip-Hop Star Breaks Down Bitcoin to Her Fans Popular rapper Megan Thee Stallion, also known as Hot Girl Meg, published a video titled “Bitcoin for Hotties” Tuesday in collaboration with Cash App, a mobile payment service developed by Jack…

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A Deeper Look Into The Pirate Bay’s Mysterious ‘Piratetoken’ Soft Launch – Featured Bitcoin News

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[ad_1] In mid-May, the popular and perhaps the largest torrent tracker on the internet, The Pirate Bay, mysteriously revealed a new cryptocurrency called piratetoken (TPB). The token has seen a 20% gain in 30 days and following the quiet launch, the torrent tracker’s website explained that the new piratetoken is a soft launch for a myriad of ideas. The Mischievous Torrent Tracking Website Launches a BSC Token via Pancakeswap It seems The Pirate Bay is utilizing the Binance Smart Chain (BSC) with a new token called piratetoken (TPB). The Pirate…

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JPMorgan Sees No ‘Tangible Economic Benefits’ of Bitcoin as Legal Tender – Featured Bitcoin News

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[ad_1] JPMorgan has offered its view on the bitcoinization of El Salvador, the country which recently made bitcoin legal tender alongside the U.S. dollar. JPMorgan says, “It is difficult to see any tangible economic benefits associated with adopting bitcoin as a second form of legal tender.” JPMorgan on the Bitcoinization of El Salvador JPMorgan & Chase’s Latin American research team published a report titled “The Bitcoinization of El Salvador” Thursday. El Salvador recently passed legislation making bitcoin legal tender alongside the U.S. dollar. The JPMorgan analysts who authored the report…

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Russian Billionaire Slams Central Bank’s Crypto Policy, Says Even El Salvador Realizes the Need for Bitcoin – Featured Bitcoin News

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[ad_1] Russian billionaire Oleg Deripaska wants the Bank of Russia, the country’s central bank, to embrace cryptocurrency, citing El Salvador’s bitcoin law as an example. El Salvador recently passed a bill making bitcoin legal tender in the country. Billionaire Oleg Deripaska is the founder of Basic Element, a Russian industrial group focusing in areas such as aluminum, energy, construction, and agriculture. In 2018, the U.S. Department of the Treasury’s Office of Foreign Assets Control imposed sanctions against Deripaska and some of his companies. According to Forbes, his net worth is…

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