Decentralized finance remains both cutting-edge, and perhaps a bit of a mystery. But in recent years, the realities – and opportunities – of DeFi (as it’s known for short) are becoming clearer. As Denelle Dixon, CEO and executive director of the Stellar Development Foundation, told...
Twitter and Square CEO Jack Dorsey has come out in favor of bitcoin, saying Square would always work to boost the cryptocurrency, Bloomberg says. Dorsey said bitcoin “changes everything for the better.” He made the tweet in what seemed to be a response to a...
Argentinian tax authorities are looking at scrutinizing operations involving cryptocurrency, Cointelegraph writes. Argentina’s Federal Administration of Public Income (AFIP) has told domestic crypto exchanges to put out monthly reports on the way users are using their platforms. The authority wants local crypto firms to keep up...
Bitcoin tumbled some 15 percent on news that Elon Musk will no longer take the cryptocurrency for Tesla payments due to environmental concerns, CNBC and other news outlets reported. The entire cryptocurrency market lost more than $365 billion after the Tesla CEO tweeted that the...
Tesla no longer will accept Bitcoin payments for cars, company founder and cryptocurrency cheerleader Elon Musk announced on Twitter Monday (May 12). Bitcoin’s value on the Coinbase exchange fell sharply in the immediate aftermath of Musk’s tweet, dropping to $46,033 per Bitcoin from $54,605 in...
eBay is expanding into non-fungible tokens (NFTs), according to a company blog post. The eCommerce site “has always been the world’s destination for buying and selling the most unique and hard-to-find items — and we’ll continue to be the destination for collectors of all kinds,...
SpaceX, the company helmed by Elon Musk, is launching its “DOGE-1 Mission to the Moon” campaign, which “will obtain lunar-spatial intelligence from sensors and cameras on board with integrated communications and computational systems” and fly to the actual moon, CNBC writes. CNBC reports that the...
It seems long ago and far away. Bitcoin’s debut in 2008 was shrouded in mystery (and still is), as Satoshi Nakamoto’s identity has not been revealed. Its initial price was fractions of a penny; by 2011, the crypto was trading at $1. Today, its price,...
The cryptocurrency market took a $260 billion dive on Friday (April 23), with bitcoin trading below $50,000 for the first time in weeks and other coins tumbling to new lows, CNBC reported. Bitcoin lost about 10 percent in value, trading at $49,281.40 at around 2...
