The potential acquisition would follow Coinbase CEO Brian Armstrong announcing plans to expand to every country in which the exchange can legally operate. Major United States-based cryptocurrency exchange Coinbase is reportedly planning to purchase BtcTurk for $3.2 billion. According to Turkish tech media outlet Webrazzi, which cited a Thursday report from Mergermarket, the two exchanges…
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The company appears to have abruptly terminated the ATRI token partnership, but indicated that it still sees a bright future for blockchain related ventures within the company. In a statement published by former video-game giant Atari on Monday, the firm says it has, effective immediately, terminated all license agreements with its joint venture partner ICICB Group…
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Crypto is going mainstream, and crypto adoption will likely continue to increase in the years to come. But, in which specific areas? Using cryptocurrencies for employee compensation Several companies have already started paying employees in crypto. There are several advantages to using cryptocurrencies for employee compensation, especially for companies with a global workforce. First, cryptocurrencies…
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“If I had a Dogecoin for every crypto scam I saw…” said the Tesla CEO to a TED Talk crowd in Vancouver. With a reported net worth of more than $300 billion, Tesla and SpaceX CEO Elon Musk said he could “technically afford” to purchase Twitter outright and also had plans to change the user…
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The arguments in favor included environmental concerns surrounding Bitcoin transactions and “the risk to the movement’s reputation for accepting cryptocurrencies.” Requests for comments on a proposal urging the Wikimedia Foundation to stop accepting donations in cryptocurrency have closed, with the majority of users voting in favor. According to a Tuesday update on the proposal, roughly…
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“In these circumstances we can no longer continue to serve our clients from Russia,” said Vitalii Kedyk, CEO of Currency.com’s Ukraine arm. Crypto trading company Currency.com has announced it halted operations for clients based in Russia following the country’s “violence and disorder” imposed on the people of Ukraine. In a Tuesday announcement, Currency.com said Russian…
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Sharyn Alfonsi, a journalist and 60 Minutes correspondent, interviewed Mike Peterson, one of the people who funded the Bitcoin Beach project and encouraged crypto adoption. 60 Minutes, the CBS news show that has been running since 1968, will feature El Salvador’s Bitcoin Beach in a new episode airing April 10. According to a Friday post…
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The crypto wallet will not support Ethereum-based services like nonfungible tokens and ERC-20 tokens. Cryptocurrency and stock trading app Robinhood will roll out its digital wallet feature for 2 million additional users. In a Thursday announcement at the Bitcoin 2022 Conference in Miami, Robinhood chief product officer Aparna Chennapragada said eligible customers who had been…
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The virtual currency, which employees have reportedly dubbed ‘Zuck Bucks’, will be aimed at use in the metaverse. Social media giant Facebook’s parent company Meta is reportedly planning to introduce virtual currency named after CEO Mark Zuckerberg as well as lending services to apps it owns, which may include Facebook, WhatsApp, Instagram, and Messenger. According…
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The price of Bitcoin is $47,806 at the time of publication, making MicroStrategy’s current 125,051 BTC holdings worth roughly $6 billion. MacroStrategy, a subsidiary of business intelligence firm MicroStrategy, said it will purchase Bitcoin after obtaining a multimillion dollar loan from Silvergate Bank. In a Tuesday announcement, MicroStrategy said Silvergate issued a $205 million loan…
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