Former President Donald Trump called Bitcoin a “scam against the dollar” and urged US regulators to take action to monitor it on Monday.During an interview with Stuart Varney on the Fox Business Network, Trump was asked about his thoughts on cryptocurrency and the US stock market, which the ex-president said he was avoiding currently as…
Tesla CEO Elon Musk has hinted the company may sell – or have already sold – its bitcoin holdings in a Twitter exchange that triggered a sharp fall in the value of the cryptocurrency.After Twitter user @cryptowhale wrote: “Bitcoiners are going to slap themselves next quarter when they find out Tesla dumped the rest of…
Colonial Pipeline paid nearly $5m to ransomware group DarkSide following a cyberattack that forced the company to shut down its pipeline for six days, Bloomberg reports. Initial reports indicated that the Georgia-based company had no intention to pay the extortion fee while it attempted to restore full service to its operating system. But multiple sources…
Coinbase stock soared to value the company at a high of $112bn as it became the first major cryptocurrency company to go public.The company is the largest US crypto exchange and provides a string of financial services based on bitcoin and 50 other cryptocurrencies.Coinbase shares opened at $381 on the Nasdaq Global Select Market on…
In an announcement on Tuesday, Okung, 32, and Strike, a mobile payments company, said that the American Football player will be paid half of his $13m (£9.9m) salary in Bitcoin.The announcement came 19 months after Okung tweeted: “Pay me in Bitcoin.” On Tuesday, he quote tweeted his post and wrote: “Paid in Bitcoin.”Coindesk, which is…
At the age of 39, Moshe Hogeg has made millions of dollars trading in cryptocurrency, bought one of Israel’s most prominent soccer teams and brought in a wealthy Emirati sheikh as his new co-owner Now comes what may be his biggest challenge.As owner of Beitar Jerusalem the only major Israeli soccer club never to have…