Cryptocurrency exchange Coinbase Global announced on Wednesday it has started to accept meme cryptocurrency Dogecoin for commerce payments. Dogecoin (DOGE) became the 7th cryptocurrency for merchants to accept payments on Coinbase’s e-commerce portal, according to an announcement on Twitter. The platform currently also supports Bitcoin (BTC), Bitcoin Cash (BCH), Ether (ETH), Litecoin (LTC), as well…
Will Central Bank Digital Currencies (CBDC) make Bitcoin obsolete or not? – professor Sean Stein Smith reflects in the Forbes column. Recent comments by the chairman of the Federal Reserve, Jerome Powell, highlight the need for more productive conversations around crypto competition. During testimony to both the House and Senate the topic of a central…
Square CEO, Twitter founder, and long-time Bitcoin advocate Jack Dorsey has high hopes cryptocurrency will help bring about world peace. “My hope is that it creates world peace or helps create world peace,” he said during a “The B Word” conference on Wednesday. Tesla CEO Elon Musk and ARK Invest founder Cathie Wood were also…
The U.S. Department of State is first offering to pay a bounty in crypto worth up to $10 million (315 BTC) in exchange for relevant intelligence regarding cyberattacks organized by foreign governments. The Rewards for Justice program operated by the Diplomatic Security Service was announced in a July 15 statement. The payment would be provided…
Californian nuclear energy provider Oklo announced its 20-year partnership with the Bitcoin mining firm Compass. According to a release, the first phase of the partnership will start in the early 2020s providing Compass 150MW of nuclear-generated energy for crypto mining. “Cryptocurrency mining offers promising pathways to accelerate the deployment of clean energy technologies, and Oklo…
One of America’s largest banking establishments, the Bank of America (BofA), has launched a new service enabling to trade of Bitcoin futures, according to Coindesk’s anonymous sources. Some clients reportedly are in the setup process, while some are already live. As two anonymous sources reported Friday, the bank is clearing cash-settled Bitcoin futures, a type…