Category: cryptocurrency

Ethereum Founder Vitalik Buterin Has This to Say About Elon Musk’s Hostile Twitter Bid

Market chatter over the past few days is about Tesla, Inc. (NASDAQ:TSLA) CEO Elon Musk’s $54.20 per share offer to take Twitter, Inc. (NYSE:TWRT) private. Several high-profile investors and corporate CEOs have had thoughts on the development, and the latest to join the discussion is Ethereum (CRYPTO: ETH) founder Vitalik Buterin. Don’t Oppose, But… Buterin…


Germany Is the Most Crypto-Friendly Nation in the World

Crypto exchange aggregator Coincub recently released its latest Global Crypto Ranking. According to the study, Germany has replaced Singapore as the most crypto-friendly country in the world. “Germany is already one of the world’s most crypto-friendly countries. The country also has the highest number of Bitcoin nodes besides the US, but with a smaller population…


Hawkish Fedspeak Keeps Dollar King, Yen Slumps to 20-year Low

TOKYO—The dollar rose to a two-decade peak against the yen and kept close to a two-year high to the euro on Friday, as more hawkish comments from Federal Reserve officials reinforced expectations for faster U.S. policy tightening. The greenback was 0.43 percent higher at 126.40 yen after earlier reaching 126.56 for the first time since…


NFT of Dorsey’s First Tweet Auctions for Mere $280

A non-fungible token (NFT) of the first-ever tweet drew only $280 in an online auction, vastly disappointing the expectations of the investor who hoped to turn around the costly NFT for an astronomical profit. The NFT of Twitter’s former CEO and co-founder Jack Dorsey’s tweet was first sold last year to Sina Estavi, an Iranian-born…


Last-Minute Tax Tips for U.S. Crypto Investors

NEW YORK—When accountant Zach Gordon gets calls from clients about how to handle cryptocurrency on their taxes, there is a common theme. “They have absolutely no idea,” says Gordon, a principal with Grassi Advisors & Accountants in Westchester, New York. It is not entirely their fault. The whole arena of cryptocurrencies like bitcoin is so…


Nexo and Mastercard Launch ‘World First’ Crypto-Backed Payment Card

LONDON—Crypto lender Nexo said it has teamed up with global payments company Mastercard to launch on Wednesday what it calls the world’s first “crypto-backed” payment card. It signals the latest move by crypto and incumbent financial networks to join forces as digital assets become more mainstream. Nexo said the card, available in selected European countries…


10 Best Crypto Trading Robots

Cryptocurrency trading bots are hands-free programs that execute specific tasks based on user configurations to deliver the highest amount of profit to the user. An investor interested in using a trading bot would connect the chosen bot to their exchange using an API—this is what gives the program access to act on the investors’ behalf…


US Cryptocurrency Expert Jailed for Teaching North Korea to Evade Sanctions

An American cryptocurrency expert was sentenced Tuesday to 63 months in jail for teaching North Korea how to use blockchain technology to evade U.S. sanctions. Virgil Griffith, 39, is an American citizen living in Singapore. He was arrested in November 2019 after presenting at a cryptocurrency conference in Pyongyang despite U.S. authorities denying his travel…


Strike Partners With Shopify for Bitcoin Lightning Payments

On Thursday, the second day of the 2022 Bitcoin conference in Miami—a four-day event—Jack Mallers, CEO of cryptocurrency payment app Strike, took the stage to announce a partnership to integrate with e-commerce giant Shopify Inc. to allow for payments across the Bitcoin Lightning Network. “We’re proud to partner with Shopify to provide merchants with a…


‘When You Think ESG, You Should Be Thinking CCP’: Peter Thiel

In his keynote address to the Bitcoin 2022 conference in Miami, venture capitalist Peter Thiel said environmental, social, and corporate governance (ESG) is “perhaps the real enemy” of the cryptocurrency, likening the movement to the Chinese Communist Party (CCP). “I think that ESG is just a hate factory. It’s a factory for naming enemies, and…