Kroger, the largest supermarket chain in the United States and the second biggest retailer after Walmart, recently set aside a rumor that the store would be accepting Bitcoin Cash as a form of payment. The rumor was based on a press release on Kroger’s website, which said the grocer would be accepting Bitcoin Cash. Derived…
Kroger Dismisses Bitcoin Partnership, Claims ‘Fraudulent’ Communication
Kroger Looking Into Fake Press Release Touting Acceptance of Bitcoin Cash
November 6, 2021
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Kroger Co. is looking into the publication of a fake press release, claiming the acceptance of bitcoin cash at its stores, the grocer said on Friday, after becoming the second major retailer in recent weeks to get entangled in a crypto hoax. The release, which said the grocer would accept the cryptocurrency this holiday season,…
Miami Mayor to Accept Next Paycheck 100 Percent in Bitcoin
Miami Mayor Francis Suarez said Thursday on Fox Business’ Cavuto: Coast to Coast that he will be accepting his next paycheck entirely in bitcoin in a move to showcase Miami as one of the most “innovative cities on the planet.” Suarez, 44, made the announcement as a followup to a tweet reply by Anthony Pompliano,…
CME Bitcoin Futures Trading to Run on Google Cloud After $1 Billion Investment From Alphabet
The CME Group and Google Cloud have entered a 10-year strategic partnership after a $1 billion investment from Google’s parent company Alphabet Inc. The equity investment was made through the company’s non-voting convertible preferred stock. What Happened Under the terms of the deal, CME’s trading systems will be moved to Google Cloud next year. CME…
New York Mayor-Elect Adams Says He Will Take His First 3 Paychecks in Bitcoin
November 5, 2021
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New York Mayor-elect Eric Adams said on Thursday he would take his first three paychecks in bitcoin and signaled his intention to make his city the “center of the cryptocurrency industry” after he takes office in January. “In New York we always go big, so I’m going to take my first THREE paychecks in bitcoin…
Commonwealth Bank Pushes Australia Into the Lead in Cryptocurrency: Expert
The Commonwealth Bank of Australia’s (CBA) decision to offer cryptocurrency services to customers has pushed Australia into becoming a leader in the industry, an expert said. CBA announced on Nov. 3 that it would partner with crypto exchange and custodian service Gemini and blockchain analysis company Chainalysis to become the first Australian bank to offer…
Ether Scales $4,600 to Record High, Bitcoin Trails
Ether, the world’s second-largest cryptocurrency, hit an all-time high on Wednesday, catching up with bitcoin’s rally and riding on news of wider blockchain adoption. The ether token, which underpins the ethereum blockchain network, rose to as high as $4,643 in Asian hours, breaching the previous day’s $4,600 and taking the week’s gains to more than…
Wall Street Is Offering Big Pay Increases to Amass a Crypto Army
By Zijia Song and Katherine Doherty From Bloomberg News Wall Street leaders turned up their noses when Bitcoin exploded onto the scene more than a decade ago. Now they’re paying sweet premiums to crypto recruits, amassing an army of enthusiasts within the traditionally staid realm. Some of the biggest banks and financial firms have added…
Bitcoin Price Indicator of High-Inflation Economy: Peter Thiel
Technology billionaire Peter Thiel said Sunday at a conservative conference that the high price of bitcoin is an indicator of U.S. inflation, which has also recently touched a 13-year high. “You know, $60,000 bitcoin, I’m not sure that one should aggressively buy,” Thiel said, according to Bloomberg. “But surely what it is telling us is…
Ether Soars to Record High Amid Use of Ethereum Blockchain Surging and New Update
Ether, the cryptocurrency of the Ethereal network, soared to a record high on Friday, driven in part by a new update and data showing that smart contract blockchain Ethereum burned more tokens than it emitted in the last 24 hours. The second-largest cryptocurrency shot 3.9 percent to $4,339.86, surpassing its previous record of $4,379.62 reached back in May, as per Bloomberg. Ether is…
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