Tag: Adoption

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City in North Dakota now accepts cryptocurrency for utility payments

The city of Williston of North Dakota has officially started accepting cryptocurrencies like Bitcoin for utility payments via BitPay. A city in North Dakota is joining the cryptocurrency adoption race in the United States by starting to accept crypto payments. Hercules Cummings, finance director for the City of Williston, announced Thursday that the city administration…
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I spy with my laser eye: A Twitter phenomenon to make Bitcoin mainstream?

An increasing number of high-profile celebrities have continued to adopt the “laser eye” meme on Twitter in recent months. Beams of light flashing out of a person’s eyes are not an uncommon sight in the world of comic books and superhero movies. In recent months, however, these so-called “laser eyes” have been making the news,…
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Blockchain sector drives female participation through funding and education

Blockchain companies are seeking out women-led teams for funding rounds to help close the financial gender gap, but will this suffice? While it’s encouraging to see that the number of female crypto investors is on the rise, women participation within the blockchain technology sector remains low.  This was recently confirmed in a report from the…
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Data analytics giant Palantir now accepts Bitcoin payments

The firm added Bitcoin was “definitely on the table” as consideration for a treasury reserve asset. Palantir, a $30-billion Colorado-based data analytics company founded by billionaire Peter Thiel, now accepts Bitcoin from clients as a form of payment. According to a CNBC report on Tuesday, Palantir said during its earnings call for the first quarter…
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NFL quarterback Tom Brady hints at owning Bitcoin

The GOAT’s Twitter profile picture now shows him with laser eyes. Tampa Bay Buccaneers quarterback Tom Brady, arguably one of the most talented American football players of all time, has hinted that he’s a Bitcoiner. On Monday, Brady changed his Twitter profile picture to one with laser eyes, potentially implying to his 1.9 million followers…
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As Bitcoin’s payment options grow, BTC true future role up for debate

Declaring BTC a store of value — e.g., gold 2.0 — but not a medium of exchange, defies logic. It must first have a use case. In an August 2020 paper “Is bitcoin money?” Peter Hazlett and William Luther wrote that there exists only “a small corner of the internet where transactions are routinely conducted…
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Bridgewater Associates CFO heads to Bitcoin-focused firm

The New York Digital Investment Group, or NYDIG, tapped Jon Dalby as its new CFO. Departing his position as the chief financial officer of Bridgewater Associates, John Dalby will assume the post of chief financial officer for Bitcoin-focused tech and finance company NYDIG. “The NYDIG team and I are extremely excited to welcome John,” NYDIG…
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DOGE as internet money? TikTokers and sports fans see a use case for Dogecoin

As experts pinpoint various groups as Dogecoin’s vanguard, the coin’s potential base seems to be a wide coalition. In recent weeks, it has been hard to get through a day without running into a headline, or 50, referencing Dogecoin (DOGE). The meme cryptocurrency has seen its price appreciate exponentially on the heels of a series…
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Tajik government taps blockchain firm for e-government infrastructure

A new public-private partnership between the Fantom Foundation and the Tajik Ministry of Industry of New Technologies will see the two roll out a range of blockchain-based solutions across nationwide IT infrastructure. President of Tajikistan Emomali Rahmon is pursuing an ambitious integration of blockchain technology into his government’s ongoing modernization drive.  According to an announcement from…
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Nasdaq-listed insurer Metromile plans $10M Bitcoin purchase

The company will soon accept BTC payments for insurance premiums as part of a broader embrace of digital assets. Metromile Inc., a digital insurer headquartered in San Francisco, is making Bitcoin (BTC) a core part of its business operations, offering further evidence of the growing mainstream adoption of digital assets.  The company announced Thursday that…
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