Bitcoin

    • Spain's BBVA opens crypto-trading for Swiss clients

      Spain's BBVA opens crypto-trading for Swiss clients

      The Spanish BBVA announced it was starting trading with bitcoins as part of services offered to private banking clients in Switzerland, Reuters reported. The move follows several calls from customers interested in digital asset investment. The bank said the new business would include bitcoin trading and custody services, with the prospect of extending it to other cryptocurrencies. It would not offer advice on these types of investments, the statement said.

      62
    • Crypto miners squeezed by new crackdown

      Crypto miners squeezed by new crackdown

      Big international crypto miners suffered intensive pressure from China and that hampered the price of Bitcoin and other crypto assets, Reuters reported. The operation of Beijing was focused on Bitcoin mining and trading. A State Council committee led by Vice Premier Liu announced the crackdown as part of efforts to fend off financial risks.

      406
    • Tesla halts accepting bitcoin payments

      Tesla halts accepting bitcoin payments

      US maker of electric vehicles Tesla announced it would stop accepting bitcoins as an alternative payment method. This statement was unveiled by founder and majority shareholder Elon Musk, AP reported. He said on Twitter that bitcoins have a very harmful effect on environment and therefore will be excluded from Tsla's approved methods of payments.

      57
    • Coinbase value spikes to $86bn in debut trading

      Coinbase value spikes to $86bn in debut trading

      The crypto currency Coinbase made a smashing debut and it saw its shares surge and marked value reaching as high as 86 billion dollars after touching briefly 100 billion, AP reported. Coinbase Global IPO is seen by some as an inflection point for digital currencies, as Coinbase’s fortunes are closely tied to Bitcoin, the most popular crypto currency. Bitcoin’s price topped $64,000 in mid-week trading, up from $29,000 at the start of the year, and Coinbase said recently that first-quarter revenue should total around $1.8 billion, exceeding its revenue for all of 2020.

      91
    • iOS app stole $1.6m in bitcoins from users

      iOS app stole $1.6m in bitcoins from users

      Apple boasts that its branded App Store is a safe haven. The same cannot be said about Google Play, where you can find malicious applications. But not everything is so simple and Apple does not have a mechanism that 100% guarantees that low-quality software does not fall into the open spaces of the application store.

      78
    • PayPal says will shun crypto assets as investment tools

      PayPal says will shun crypto assets as investment tools

      The PayPal payments platform said it is not likely to invest in cryotocurrences, Reuters said quoting interview with Chief Financial Officer John Rainey. Earlier in October 2020 PayPal said it would allow customers to hold bitcoin and other virtual coins in its online wallet, and shop using cryptocurrencies at merchants on its network.

      116
    • Tesla plans to sell cars for bitcoins

      Tesla plans to sell cars for bitcoins

      The maker of electric cars Tesla has announced plans to accept payments in bitcoin crypto currency for its products, Reuters reported. Tesla elaborated that it had already bought some $1,5 billion worth of bitcoins. The information is included in a filing with the SEC.

      140
    • Trapped in deadly hazard over bitcoin safe heaven

      Trapped in deadly hazard over bitcoin safe heaven

      The Covid-19 pandemic has changed life as we knew it. It has changed values, economies, freedom, etc. Almost all industries suffered from the severe slowdown, caused by the pandemic. Almost, but not all. Sectors linked to the crypto industry enjoyed robust growth. Of course, the crypto economy always means crypto currency.

      426