El Salvador bought roughly $20.9 million worth of bitcoin, one day before it formally adopts the worldâ(TM)s most popular cryptocurrency as legal tender. From a report: In a series of tweets Monday, President Nayib Bukele revealed that the country…
The disastrous voyage of Satoshi, the world’s first cryptocurrency cruise ship
Last year, three cryptocurrency enthusiasts bought a cruise ship. They named it the Satoshi, and dreamed of starting a floating libertarian utopia. It didn’t work outOn the evening of 7 December 2010, in a hushed San Francisco auditorium, former Google…
Skepticism Grows Over El Salvador’s Pioneering Plan to Adopt Bitcoin as Legal Tender
This week the Guardian reported that a “tumultuous few weeks” awaits El Salvador as it prepares to become the first country to adopt Bitcoin as legal tender on Tuesday.
In August a research note by Bank of America enthused about the new law’s ability …
Twitter For iOS Beta Lays Groundwork For Bitcoin Tips
Twitter’s latest beta update introduces support for providing content creators with Bitcoin tips using the “Tip Jar” feature that Twitter introduced earlier this year. MacRumors reports: Bitcoin isn’t yet available to select as a tip option for beta us…
The Original ‘Doge’ Meme Sold as an NFT for $4 Million
The legendary “Doge” meme from 2010, which portrays a shiba inu dog named Kabosu and inspired the creation of cryptocurrency dogecoin, sold for $4 million as an NFT, or non-fungible token, in June. From a report: To some, that may seem like a lot of mo…
Why the Solana Cryptocurrency Is Surging
An anonymous reader shares a report from Fast Company, written by Michael Grothaus: One of the biggest movers on the cryptocurrency market in the past 24 hours is Solana. As of the time of this writing, Solana is up almost 20% over the past day, accord…
Hackers Steal $29 Million From Crypto-Platform Cream Finance
An anonymous reader quotes a report from The Record, written by Catalin Cimpanu: Hackers are estimated to have stolen more than $29 million in cryptocurrency assets from Cream Finance, a decentralized finance (DeFi) platform that allows users to loan a…
Coinbase erroneously reported 2FA changes to 125,000 customers
The unexpected 2FA notifications led some customers to panic sell everything.
Jack Dorsey’s Square Wants to Build a Decentralized Peer-to-Peer Bitcoin Exchange
Business Insider reports:
Jack Dorsey, one of bitcoin’s biggest advocates, is planning to build an open platform to create a decentralized exchange for bitcoin through TBD, his new business venture, according to his tweet Friday.
A decentralized exc…
Man robbed of 16 bitcoin hunts down suspects, sues their parents
Alleged perpetrators used malware to send funds to their own bitcoin addresses.