Twitter Launches Bitcoin Tipping Service for IOS

The long-awaited Twitter tipping service has been launched, allowing for fans to easily reward content creators on the site. What’s more, the service allows users to be tipped in Bitcoin. Getting Tipped With Bitcoin Twitter revealed the Tip Jar feature in May, near the height of the crypto industry’s total market cap. At the time, they told the public that it would allow users to connect their Twitter accounts to more traditional payment platforms for rewarding users. These included Bandcamp,…

Bitcoin.org Site Compromised, Hackers Falsely Promise Bitcoin Earnings

Earlier today, hackers compromised the popular open-source Bitcoin.org website. The site was inaccessible as of 05:44 UTC Thursday. A message obstructed the homepage screen, persuading the users to send money to a bitcoin wallet. The notice claims it is doing so since the Bitcoin Foundation is “giving back to the community.” The message says only the first 10,000 users can benefit from the offer. The message has a QR code for the wallet and its address too. All other site…

Financial Firm Revolut is Paying WeWork Office Rent in Bitcoin

The fintech firm is the first WeWork member company to pay for its workspace in cryptocurrency. The financial technology firm is the largest of its kind in the UK. Also, the company gained $800 million in funding back in mid-2021. The new office will house about 300 employees, making it the organization’s most prominent office space. The cryptocurrency-infused financial tech company is preparing for expansion in the US. It was for this reason that it acquired the new area. Revolut Pays for Workspace in…

Canadian Politician Says That He Supports Bitcoin Days Ahead of Federal Elections

The leader of the People's party of Canada, Maxime Bernier, took to Twitter to announce that he is a prominent Bitcoin enthusiast. He posted this 'secret' just one week before the federal elections. Bernier revealed his secret after many Canadians reached out to know if he supports Bitcoin and blockchain technology. He said that he fully supports Bitcoin. Bernier has condemned Canada's current monetary system and the inflation of its currency. On September 15, he stood up to prime minister Justin Trudeau…

Bitcoin Core Launches 22nd Upgrade Targeting More Efficiency

Bitcoin Core recently announced the release of a new upgrade, Bitcoin Core version 22.0. This upgrade introduces some features that will help bolster the efficiency of bitcoin stakeholders. One of the most vital features added in the 22nd upgrade is the taproot support is coming soon. Bitcoin Core Version 22.0 On Monday 13th, Bitcoin Core released a statement announcing their upgrade. Bitcoin Core is the home of bitcoin. Generally, this is the 22nd upgrade since launch in 2009. This is the first…

MicroStrategy Adds 5,050 BTC to Its Holdings As Stock Sales Continue

On September 13, 2021, MicroStrategy CEO Michael Saylor announced the financial entity had added 5,050 bitcoin to its total crypto holdings. This latest bitcoin bump cost the firm $242.9 million. This indicates that it bought BTC before the price crash on September 7. According to a statement today, the firm is now in possession of 114,042 BTC. Michael Saylor tweeted that the company bought the coins at an average of $48,099 per bitcoin. He noted that they #hodl ~114,042 bitcoins acquired for almost $3.17 billion…

UK Post Office Offers Crypto Purchase through EasyID from Next Week

The U.K.'s Post Office is offering a route for customers to purchase volatile cryptocurrencies. Soon users can buy crypto through its identity-verification service, EasyID. Through the verification app, customers of the EasyID app can purchase crypto vouchers from the decentralized exchange (DEX) Swarm Markets. Users verifying their identity through the app receive access Swarm's official website. Additionally, they can acquire cryptocurrency vouchers using their phones. Users can redeem vouchers for cryptos like Bitcoin and Ethereum on the Swarm platform. EasyID…

Bitcoin Could Collapse Sooner or Later, Warns Swedish Central Bank Governor

Swedish Central Bank governor, Stefan Ingves, believes that bitcoin is similar to trading stamps, and it will soon collapse without the government's backing. He made the remarks during his speech at a banking conference held in Stockholm earlier today. Although he admitted that one can get rich by trading the flagship crypto, he said 'it's comparable to trading in stamps.' Ingves on Bitcoin's Alleged 'Imminent' Fall As per Bloomberg, the Riksbank governor challenged the possibility of currencies retaining their power…

El Salvador Officially Makes BTC a Legal Tender As the Crypto World Watches Anxiously  

El Salvador is officially the first country to adopt bitcoin as legal tender. The president, Nayib Bukele, commented that the move would see the majority of its citizens access bank services for the first time. Besides, it will save over $400 million in fees on remittances sent home from overseas. Last year alone, remittances to El Salvador came to close to $600 billion. It represents about 23% of its total gross domestic product. It makes it one of the highest…

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