Cryptocurrency

Bitcoin will unite the world, Twitter’s CEO says

Twitter co-founder and CEO Jack Dorsey, took to his personal account to tweet a cryptic message about Bitcoin, suggesting that the cryptocurrency will be behind the unity of the country, and eventually the world itself.  Vagueness shrouds Dorsey’s optimism about Bitcoin’s power leaving many of his followers bewildered of his stance.  However, it doesn’t take two to figure out that the country in […]

Bitcoin jumps on speculation that Amazon considering crypto

Bitcoin’s price surged again Monday after speculation that Amazon may be entering the cryptocurrency sector after it posted a job seeking a “digital currency and blockchain product lead.” Bitcoin jumped more than 14% in the past 24 hours, nearly reaching $40,000 per unit before settling closer to $37,000. The five-week intra-day high reached Monday comes […]

Amazon seeks to look into Blockchain amongst latest hype

Amazon displays a lenient approach towards digital currencies as a new job listing was posted on Friday on the e-commerce site seeking a digital currency and blockchain specialist to lead its payments team. As one of the biggest e-commerce companies in the world, Amazon is responsible for securing some of the widest transactions through various […]

Jack Dorsey announces Bitcoin plans for Twitter

Twitter CEO Jack Dorsey confirmed to investors the significant role Bitcoin will play in the platform’s future by planning to incorporate cryptocurrency into the company’s current products and services. Dorsey has been a die-hard Bitcoin advocate since its inception into the market, but now the world is witnessing his commitment to cryptocurrency as he plans […]

Bitcoin rises above $30,000 as Tesla chief likely to welcome it back

Bitcoin rises back after witnessing another slump, surging past $30,000 today according to Coindesk.  Once again, Elon Musk is behind the intense jump in value, as he reiterated his backing of Bitcoin during a panel held on Wednesday.  The Tesla chief, who has been extremely vocal in the past about the environmental risks of Bitcoin mining, has confirmed during the “B Word” cryptocurrency conference that he will most likely resume accepting Bitcoin.  “I […]

Dogecoin Co-Founder slams Crypto Industry

“Cryptocurrency is a scam and always has been,” are the words used by Dogecoin creator Jackson Palmer to describe the burgeoning digital currency ecosystem, as he resurfaced on Twitter after two years of absence. But Palmer didn’t stop there. He described cryptocurrency industry to be “a right-wing, hyper-capitalistic system, serving the protection of powerful cartel […]

UAE Central Bank looks to launch digital currency

The UAE’s Central Bank announced on Monday plans to rollout a new digital currency in accordance with its monetary 2023-2026 strategy, according to the state-run WAM news agency.   However, while the report surfaced for a short period of time, the state-run news agency had pulled it from its platform for unknown reasons.   In preparation for the digital […]

Crypto Traders face challenges in suing Binance

Crypto traders are seeking reparation from Binance to enforce regulations and accountability on the crypto exchange platform following Bitcoin’s latest plunge from $64,000 per coin to almost $30,000 per coin by end of May.   Since modernity is one of the leading factors of cryptocurrency’s extended influence, traders count on crypto market to safeguard their digital funds as it is decentralized and not tracked by any governmental sector.  On […]

Square Inc Reveals Plan for Crypto-Wallet hardware

U.S.-based hardware company Square Inc announced on Tuesday plans to create a hardware wallet for Bitcoin, following a U.S. senator’s warning about imposed cryptocurrency threats on consumers and financial markets. The U.S. based financial service and digital payments company Square Inc — announced via one of its lead’s Twitter account– its plan to create a […]

Israel says it's targeting Hamas' cryptocurrency accounts

Israel said Thursday it will begin seizing cryptocurrency accounts used by the Palestinian Hamas group to raise money for its armed wing. Israeli Defense Minister Benny Gantz ordered security forces to seize the accounts after a joint operation “uncovered a web of electronic wallets” used by Hamas to raise funds using bitcoin and other cryptocurrencies, […]