Social shopping platform Personas Social has rolled out a bitcoin payment system, according to a press release. The company will now accept bitcoin payments for purchasing content on its Peeks Social platform. The release stated this will also come with identity verification which will require...
New York’s attorney general sued crypto platform Coinseed Wednesday (Feb. 17), accusing it of defrauding thousands of investors out of over $1 million, Reuters reported. New York Attorney General Letitia James also alleged that Coinseed sold its tokens without being authorized to raise money for...
MicroStrategy plans to raise $600 million to add additional bitcoin to its investments. The enterprise software firm will raise the funds by selling convertible senior notes to institutional buyers, according to a press release. The notes will mature on February 15, 2027, unless converted, repurchased...
Buoyed by recent high profile investments, bitcoin reached a new all-time high of $50,000 on Sunday (Feb. 14), according to CNBC. Bitcoin, which is the world’s largest cryptocurrency, saw its value surge by over 5 percent and hit its new record of $49,716, according to...
A California resident, Calvin Cheng, is suing T-Mobile USA, Inc. in the United States District Court for the Southern District of New York over a SIM attack that purportedly led him to lose hundreds of thousands of dollars in digital currency, according to the complaint....
Bitcoin hit a new record Thursday (Feb. 11), surging past $48,000, CNBC reported. The price surge followed reports that Bank of New York Mellon is launching a digital asset platform that will include custody services for bitcoin. The announcement reflects bitcoin’s move into the mainstream,...
Adyen CEO and Co-founder Pieter van der Does said that using bitcoin and other cryptocurrencies as payment methods is not something he is considering, nor are clients asking for it, CNBC reported on Thursday (Feb. 11). “Bitcoin is more of an investment asset than a...
Open-source decentralized finance (DeFi) blockchain ecosystem Celo raised $20 million from partners including Andreessen Horowitz, Greenfield One and Electric Capital, according to a press release. This brings its total backing to over $65 million. Celo also announced the official launch of its mobile remittance and peer-to-peer...
Former British Parliament member Nick Boles called on central banks to ban bitcoin, in a tweet Tuesday (Feb. 9). “Central banks should ban the trading of it, and force anyone who holds Bitcoin and wants to use it in any transaction, to exchange it for...