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Cryptocurrency News

Location American Cryptocurrency News for 11 February 2021
Lawyers warn Elon Musk's Bitcoin tweets could attract SEC's ire Elon Musk's rampant Twitter activity could get him into hot water with the SEC according to lawyers.
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Biggs is an associate fellow at the University of Oxford's Saïd Business School, guest lecturing on blockchain technology and digital assets.
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Amazon job postings hint at digital payments project to launch in Mexico Amazon has been silently working on a new digital currency project in Mexico, according to the company's job postings.
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MasterCard announces support for crypto on its network

Coin Telegraph - 11 Feb 2021 04:36
MasterCard announces support for crypto on its network MasterCard will allow its almost one billion users to spend cryptocurrencies at more 30 million merchants, although it hasn't specified which coins will be supported.
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88% of all BTC transfers are overpaying transaction fees Three and a half years after the activation of SegWit, adoption of the space-saving transaction format is still far from ideal.
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Bithumb Must Compensate BTC Address Book Mixup Customers - at 2018 Prices Bithumb, South Korea's market-leading crypto exchange, has been ordered to pay compensation to the victims of a 2018 "accidental" bitcoin (BTC) "withdrawal" mishap that left them out of pocket. But in a sting in the tale...
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Reddit Post Reporting Tesla's Bitcoin Purchase From a Month Ago Was a Hoax A Reddit post that predicted Tesla’s $1.5 billion purchase of bitcoin on Monday has been revealed as a hoax, after the New York Post tracked down the user. Reddit User Says He Was High on Acid When Writing It Tesla’s...
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The market is bullish on both cryptocurrencies, for different reasons.
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Building Black Wealth With Satoshis and Cash App

Coin Desk - 11 Feb 2021 23:13
For decades, the financial system has been rigged against Blacks. Today, there is an alternative that removes barriers to wealth creation.
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Tesla Bitcoin Buy Highlights Need to Fix US Accounting Rules Tesla's much-discussed recent decision to make a USD 1.5bn bitcoin (BTC) purchase continues to generate ripples in the American business pond - and has led some to claim accountancy rules should be updated to cover corpo...
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PayPal Wants to Be a CBDC Distributor

Coin Desk - 11 Feb 2021 22:19
The digital currencies could be distributed through PayPal's digital wallets, the company's CEO said.
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Imagine if every shot, goal or win paid real money to everyday players. Welcome to the world of bitcoin esports.
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In the wake of Tesla's big announcement on Monday, a wave of corporate engagement with crypto emerges.
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Powers On... The battle for digital asset supremacy and the consequences of U.S. capitulation Why is the U.S. dragging its heels on crypto and blockchain regulation, as the rest of the world forges ahead with financial innovation?
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Apple Well Positioned to Offer Crypto Trading -- Analyst Says Company Should Hold Bitcoin in Treasury Apple Inc. is well positioned to offer cryptocurrency trading, according to an analyst with global investment bank RBC Capital Markets. Not only will Apple gain instant market share in the crypto space, but the move coul...
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The U.K. will be the first market outside the U.S. for PayPal's crypto products.
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Ethereum is struggling again vs. Bitcoin: Why is ETH/BTC showing weakness? Ether is stagnating against Bitcoin despite BTC's strong rally after BNY Mellon embraces digital assets.
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Recently deceased porn mogul Larry Flynt once said, "Hypocrisy is a detriment to progress." His story may have something to offer crypto.
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The studio's flagship ventures fund increased in value from $14 million to $300 million.
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Uber Says Get your daily, bite-sized digest of cryptoasset and blockchain-related news - investigating the stories flying under the radar of today's crypto news. ____ Bitcoin news Uber has "quickly dismissed" the idea of buying bi...
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Banks face a stablecoin conundrum: Build their own projects, with all the overhead that implies, or work with well-placed existing providers.
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Mastercard Will Start Supporting Cryptocurrencies Directly on its Network Payments giant Mastercard has announced that it is preparing to allow a number of cryptocurrencies to move through its network directly. Customers, merchants, and businesses will no longer need to convert cryptocurrencie...
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