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America banking on crypto

Bank of America (BoA) analysts have said that the cryptocurrency’s $2 trillion market value and 200 million users means the digital asset universe is too large to ignore. BoA analysts also said they believe crypto-based digital assets could form “an…

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El Salvador edges closer to mining BTC with volcanic energy

El Salvador President Nayib Bukele tweeted a short video showing the progress being made to harness geothermal energy for BTC mining. The plant has since mined one bitcoin. First steps… #Bitcoin pic.twitter.com/duhHvmEnym — Nayib Bukele (@nayibbukele) September 28, 2021 The…

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Visa reveals stablecoin ambitions

Payments giant Visa has announced outlines for a “universal payments channel” to facilitate transactions between various stablecoins and central bank digital currencies (CBDCs). CBDCs are digital versions of fiat currency backed by a central bank. The idea is to create…

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El Salvador buys the dip

As the broader crypto market experienced a crash early last week, El Salvador’s President Nayib Bukele took advantage of the lower prices and purchased a further 150 bitcoin. The Latin American country now owns a total of 700 bitcoin. President…

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Bitcoin unphased by China’s crypto ban

China’s central bank has again announced that all cryptocurrency transactions are now illegal, which effectively bans digital tokens like Bitcoin. Trading cryptocurrency has been banned in China since 2019, although it continued through online foreign exchanges. This is just the…

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Use Twitter, get paid in Bitcoin

Twitter has announced that it will allow users to tip their favourite creators using bitcoin. Users could previously tip with traditional currency using Square’s cash app, but now Twitter will integrate Strike’s bitcoin lightning wallet service to enable BTC tips….

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We are all Satoshi Nakamoto

A bronze statue of Satoshi Nakamoto has been unveiled in Budapest, Hungary. The face of Satoshi is a specially reflective bronze-aluminium composite, meaning visitors can see themselves in the Bitcoin Creator’s face.

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