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“# Chinese residents make 20K transactions in digital yuan trial event ” People in China have conducted roughly 20,000 transactions through e-commerce company JD.com in a trial of the country’s digital yuan. According to local media outlet Global Times, JD.com reported that 80% of participants born in the 1980s and 1990s used the platform to…
“# Jim Cramer bought Bitcoin while ‘off nicely from the top’ in $17,000s ” Three months after seemingly changing course on crypto, the outspoken host of CNBC’s Mad Money is claiming he made a well-timed Bitcoin investment on Friday. In an interview with TheStreet, Jim Cramer says he purchased Bitcoin (BTC) Friday morning when the…
“# From mom’s house to warehouse: Bitcoin mining is going industrial ” Bitcoin mining started out as a small endeavor taken on by a few individuals repurposing home computers to mint virtual coins that were, at the time, almost worthless. Fast forward to 2020, and Bitcoin (BTC) mining has become a formidable industry of its…
“# Shawarma connoisseurs serve up perfect recipe for Bitcoin adoption ” A Canadian restaurant chain known for serving shawarma, hummus, and other Middle Eastern delicacies has dropped some serious truth bombs about why Bitcoin (BTC) is a better store of value than gold. In a series of tweets, Ontario-based Tahini’s Restaurants explained why Bitcoin —…
“# MicroStrategy completes $650 million bond sale to finance next Bitcoin purchase ” MicroStrategy (MSTR), a leading business intelligence firm, announced Friday that it has raised $650 million worth of convertible bonds to finance more Bitcoin (BTC) purchases, underscoring CEO Michael Saylor’s conviction in the flagship digital asset. The company confirmed Friday that it had…
“# Atari joins the Enjin multiverse, bearing NFTs for ‘Kick Off’ reboot ” Gaming giant Atari has announced a collaboration with blockchain game ecosystem Enjin, which will see its iconic IP and licenses integrated into games within the Enjin multiverse. The first fruits of this collaboration, according to a Dec. 10 blog post from the company,…
“# NY Attorney General expects documents within weeks in Bitfinex/Tether case ” The Office of the New York Attorney General, or OAG, has requested a deadline extension for iFinex Inc — the parent company of both crypto exchange Bitfinex and stablecoin issuer Tether — to produce the documents requested for their ongoing legal battle. On…
“# Founder David Sønstebø out of Iota Foundation after ‘unanimous’ board decision ” David Sønstebø will no longer be a part of the Iota Foundation, a non-profit which he helped co-found and most recently co-chaired. According to an announcement from the Iota Foundation, the organization has “parted ways” with Sønstebø. It said it was a…
“# Blockchain-powered Bordeaux? IBM announces wine supply chain tracing system ” An IBM blockchain-powered platform is now offering a way for people to track wine from its vineyard origins all the way to your local store shelf. In an announcement today, IBM said it has partnered with wine monitoring firm eProvenance to release the VinAssure…
“# New institutional player — MassMutual purchases $100M Bitcoin ” Massachusetts-based insurance firm MassMutual just announced that it has purchased $100 million in Bitcoin for its general investment account. According to a report from The Wall Street Journal, the company purchased the coins — purportedly 5,470 Bitcoin (BTC) given the current price of $18,279 —…