Speaking in an interview on Friday, Uber CEO Dara Khosrowshahi explained that the company will accept cryptocurrencies “at some point.” Khosrowshahi noted that there were two downsides to leveraging the cryptocurrencies like bitcoin, such as “the exchange mechanism is expensive, [and] it’s not great for the environment.” Uber CEO Says Firm Will Likely Accept Cryptocurrencies […]
At the opening ceremony of the 2022 Winter Olympics in Beijing, the number of transactions using the digital yuan greatly exceeded Visa, according to a Wall Street Journal reported on Wednesday. At the time of the Beijing Winter Olympics, the Olympic Village, athletes and tourists can use cash, Visa cards or digital yuan for transactions. Many businesses
Digital Yuan Transactions Overtakes Visa during Beijing Winter Olympics Read More »
State Rep. Christofanelli said he wants to create greater economic and political freedom in Missouri. Missouri State Representative Phil Christofanelli introduced a bill on Thursday seeking to exempt bitcoin from property taxes at the state, county, and local levels. “My goal is to ensure Missouri is open to innovation and opportunity as Bitcoin, other cryptocurrencies,
NEW INTRODUCED BILL WOULD EXEMPT BITCOIN FROM MISSOURI TAXES Read More »
The address, containing more than $715,000 of USDT stablecoins, traces back to hackers who stole $3 million from Multichain users. What to know Stablecoin issuer Tether has frozen an Ethereum address holding over $715,000 worth of USDT, according to data from block explorer site Etherscan. The address traces back to hackers who stole $3 million in cryptocurrency on the cross-chain bridge
Tether Blacklists Ethereum Address Linked to Multichain Hack Read More »
KEY POINTS Delivery Hero CEO Niklas Ostberg said he’s “truly sorry for all shareholders” after the food delivery firm’s stock price plunged 30% on Thursday. Shareholders were spooked after Delivery Hero announced cautious estimates for the coming year. Ostberg vowed to continue with Delivery Hero’s current strategy, with the promise that it would eventually pay off.
Experts claim that although China is unlikely to decriminalize crypto soon, NFTs and blockchain still have a place in its Metaverse. Experts say that China’s corner of the Metaverse is likely to evolve very differently to other international markets and that decentralized infrastructure may not be part of the game plan. The Sino Metaverse seems
China’s Metaverse plans: Decentralization not required Read More »
Major altcoins could see further declines if they lose important support levels, traders said. Major altcoins slid on Friday following a dip in the broader market. The total capitalization of the crypto market sank by 2.8% to $2.08 trillion. Altcoins led the decline, which led to an increase in the bitcoin dominance index by 0.5%
SOL, XRP Lead Altcoin Tumble as US Inflation Jumps to 40-Year Highs Read More »
Krafton, the parent company of Bluehole, developers of PUBG, a popular battle royale game that has earned more than $300 million in 2021, announced it will redirect some of its activities toward developing NFT and metaverse-related projects. The company says it has acquired equity in two companies, Seoul Auction Blue and Xbyblue, that will enable
PUBG Developer Parent Company Krafton to Work On NFT and Metaverse Related Projects Read More »
Samsung is showcasing its growing interest in the crypto space with the release of its new flagship phone Galaxy S22 Ultra. The South Korean electronics company announced that the S22 Ultra is equipped with a crypto wallet and users would also be able to store ID documentation and keys in digital format. The electronics giant said that
Samsung Launches New Phone, Featuring Crypto Wallet Equipment Read More »
The award-winning rapper placed bets with bitcoin on the Los Angeles Rams and its wide receiver Odell Beckham Jr. Canadian superstar rapper Drake is using bitcoin to bet that the Los Angeles Rams will beat the Cincinnati Bengals in the upcoming Super Bowl match on Sunday. The award-winning musician shared on Instagram that he placed
DRAKE BETS $1.3M WORTH OF BITCOIN ON SUPER BOWL MATCH Read More »
