Bitcoin / 629 posts found
Terra Closing in on Tesla’s ₿43,200 Bitcoin Holding
By Mark Hunter 3 hours agoMon Apr 11 2022 11:49:53 Reading Time: 2 minutes Blockchain protocol Terra is closing in on Tesla’s Bitcoin holdings following another huge purchase Terra owner Luna Foundational Guard recently bought another ₿4,130 to take their holdings to ₿39,897.98 The group hopes that its massive Bitcoin pool will act as backing for its UST stablecoin Blockchain protocol Terra has taken its bitcoin holdings to almost 40,000, making the company the third biggest public holder behind Tesla and Microstrategy. Terra, whose co-founder Do Kwon has publicly stated he wants to company to own $10 billion worth of […]
In response to killings, El Salvador’s bitcoin president attacks civil liberties
Bitcoin SAN SALVADOR — After a dramatic spike in killings here over a single weekend last month, Salvadoran President Nayib Bukele’s reaction was swift — and extreme. He sent soldiers into poor neighborhoods to round up thousands of people who he claimed were gang members, then paraded them in front of news cameras in their underwear and handcuffs. He tweeted pictures of detainees who had been bruised and bloodied by security forces, suggesting they “maybe fell” or “were eating fries with ketchup.” And he started feeding the nation’s prisoners two meals a day instead of three, warning that if violence continued, […]
Ark Invest’s Cathie Wood Says Banks Are Losing Talent To Crypto
You are here: Home / News / Ark Invest’s Cathie Wood Says Banks Are Losing Talent To Crypto April 9, 2022 by Lipika Deka Ark Invest CEO Cathie Wood has a word of caution for crypto skeptics. Speaking on the sidelines of the Bitcoin 2022 conference in Miami, the top exec said that cryptocurrency was created to stop reliance on legacy financial institutions. According to Wood, the Banks are already feeling the heat. The leading investor who is one of crypto’s vocal advocates stated, “Banks have a big problem. They’re losing talent to crypto, so they’re having to raise wages […]
Two New Territories Are Adopting Bitcoin
Bitcoin SAN SALVADOR, EL SALVADOR – Last year, El Salvador became the first country to accept bitcoin as … [+] legal tender. Getty Images Prospera, jurisdiction on the Roatán island off of the northern coast of Honduras, and Madeira, an autonomous region in Portugal, are adopting bitcoin as de facto legal tender—the latest territories to do so, following El Salvador’s official recognition of the asset in September 2021. Today’s announcements were made on the very stage where Salvadoran President Nayib Bukele made history last April. Bukele was also scheduled to appear at the conference later this afternoon but canceled the […]
Calls Buffett ‘sociopathic grandpa’…
Peter Thiel calls Warren Buffett, Jamie Dimon and Larry Fink Bitcoin’s ‘enemies’ | Fortune You need to enable JavaScript to view this site. Read More
Peter Thiel calls Warren Buffett a ‘sociopathic grandpa from Omaha’ and bitcoin’s ‘enemy number one’
At a bitcoin conference Thursday, billionaire venture capitalist Peter Thiel said Warren Buffett tops an “enemies list” of people who are trying to stop the cryptocurrency. “Enemy No. 1,” Thiel said to a booing Miami crowd, is “the sociopathic grandpa from Omaha.” Buffett’s Berkshire Hathaway is based in Omaha, Nebraska. Thiel, who by 2018 had reportedly amassed hundreds of millions of dollars worth of bitcoin through venture firm Founders Fund, also called out JPMorgan CEO Jamie Dimon and BlackRock CEO Larry Fink. Thiel presented large graphics with images of the two financial executives and their bearish comments about bitcoin. The […]