Category: Blockchain

The Brazilian branches of Burger King, an American premium fast food service company, announced Tuesday that it will officially accept Dogecoin as a payment method for purchasing a dog snack called “Dogpper”. Announced on Burger king’s official Twitter, saying that is another Burger King revolutionising product: “We are accepting the most beloved crypto, DOGECOIN as payment for DOGPPER!”

Invictus’ assets under management (AUM) blew past expectations, growing by 29.46% to $145 million over June. The impressive success seen throughout Q2 2021 can largely be attributed to the funds offering investors downside protection during harsh market conditions, therefore preserving capital during sharp drawdown events.  The Invictus team has implemented dynamic cash hedging mechanisms and

Banking giant Goldman Sachs applied for an exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC) on Monday, July 26. The application dubbed Goldman Sachs Innovate DeFi and Blockchain Equity ETF seeks to maximise investment results based on the performance of the Solactive DeFi and Blockchain index. Per the announcement: “The Goldman

American electric vehicle manufacturer Tesla released its second-quarter financial report on Monday. The financial report did not show any purchase or sale of Bitcoin in this quarter. According to financial reports, the amount of Bitcoin that Tesla currently holds estimated an impairment loss of up to $23 million. Since Bitcoin’s plunge has fallen by nearly

Tether Executives are once again on the radar of American Federal regulators as the Department of Justice (DOJ) has reportedly launched a probe to see whether the blockchain company committed bank fraud at its earliest stages of operation. The news was first reported by Bloomberg Monday, citing sources close to the investigations.  The regulators seek to

The crypto community had been waiting with bated breath to see Bitcoin’s next move as low volatility had engulfed this market. BTC seems to be giving a hint on where it is headed because the top cryptocurrency gained considerable momentum and edged surpassed across the psychological level of $40K before falling back. Bitcoin was up

Binance, the world’s largest cryptocurrency exchange, has unveiled its plans to suspend some specific trading pairs with leading fiat currencies, including the Australian Dollar (AUD), the Euro (EUR), and the British Pound (GBP). The move, borne out of growing regulatory scrutiny from the United Kingdom, the European Union, and Australia, was announced by the trading

Two International Monetary Fund (IMF) officials criticize Monday without name and shame that the adoption of Bitcoin as legal tender in some countries would be risky and “could be dire” to its economy. Per the article published Monday on the IMF blog. The Financial Counsellor and Director of the IMF’s Monetary and Capital Markets Department, Tobias Adrian

The price of Bitcoin slightly rebounded, which has increased by 24.15% over the past week, according to Coinmarketcap. During the intraday, Bitcoin was trading at $36,954. The crypto market leader with a market cap of $691,522,863,909. On Monday, the price of Bitcoin surpassed the psychological barrier of $40K for the first time since June 16. But

E-commerce giant Amazon denies a rumour from media report that the company may accept Bitcoin payments by the end of this year. Earlier, a related British media broke the news that an insider who did not want to be named said that the e-commerce giant Amazon was about to accept bitcoin as a payment method.