An "accounting puzzle", describes the Wall Street Journal.Accountants are going to have their work cut out for them in the next few years with companies that have bought Bitcoin. In an article published by the Wall Street Journal, Tesla and MicroStrategy, two companies that have brought cryptocurrency into their treasury, are the subject of a new "accounting puzzle" that … [Read more...] about Bitcoin: embarrassing news for companies that have bought it
Cryptocurrency
He turns his $25K of Dogecoin into $4.3 million
Ethereum co-founder Vitalik Buterin invested $ 25,000 in Dogecoin in 2016. His tokens are now worth millions.Vitalik Buterin is not just a genius developer. Co-creator of Ethereum, his holdings in Ether today represent a veritable fortune. In early May, his tokens even made him a billionaire in cryptocurrencies .But the co-founder of Ethereum is also an investor in his … [Read more...] about He turns his $25K of Dogecoin into $4.3 million
For the return of Bitcoin payments, Tesla has a plan
How long will it take?After the criticism, up to the pressure. With its central place in the communication around Bitcoin for the public, Tesla wants to push cryptocurrency miners towards green electricity. On Sunday, Elon Musk said that Bitcoin payments at Tesla, withdrawn during the month of May, will return on one condition.In response to a Cointelegraph article, … [Read more...] about For the return of Bitcoin payments, Tesla has a plan
Bitcoin on the assault on lost methane
Several companies have developed solutions to avoid burning methane, until then wasted or released into the atmosphere by oil wells. While waiting for oil exploitation to disappear, can Bitcoin make it cleaner?"We are helping oil and gas producers reduce their emissions and operate more efficiently”. This is how Upstream Data, a Canadian company founded in 2017, … [Read more...] about Bitcoin on the assault on lost methane
Swiss and French central banks to transfer digital currency
The Swiss and French central banks will transfer digital currency.The Banque de France announced on June 10 that it would experiment with the use of Central Bank Digital Currency (MNBC) "in a cross-border context", towards the Swiss National Bank. The transfer is not that of everyone, they are digital currencies reserved for so-called “wholesale” financial … [Read more...] about Swiss and French central banks to transfer digital currency
El Salvador to mine bitcoins with energy from volcanoes
The first country to make bitcoin legal tender, El Salvador announced in the process that it would use the energy of volcanoes to mine this cryptocurrency. An option that would meet the enormous energy challenge posed by bitcoin.El Salvador made a splash on the crypto scene by becoming on June 9 the first country to adopt bitcoin as legal tender. President Nayib Bukele … [Read more...] about El Salvador to mine bitcoins with energy from volcanoes
Cryptocurrency frauds cost $432 million in 2021
According to statements to the FTC, in the United States alone victims of scams have reported $82 million in losses since October 2020.Cryptocurrencies represent an ideal playground for crooks of all kinds: lack of regulation, anonymity, the high value of Bitcoin. A Wall Street Journal survey reveals more or less sophisticated scams around cryptocurrencies can fool how … [Read more...] about Cryptocurrency frauds cost $432 million in 2021
The United States succeeded in recovering part of the ransom paid to the hackers of Colonial Pipeline
The United States Department of Justice announced it had recovered 63.7 bitcoins out of the 75 paid by Colonial Pipeline in the attack on the company.The FBI could access a portfolio of Bitcoins DarkSide, the group behind the ransomware the same name, and to recover part of the ransom that was it.A private key recovered by the FBIIt was in a press conference held on … [Read more...] about The United States succeeded in recovering part of the ransom paid to the hackers of Colonial Pipeline
Many Latin American MPs show their support for Bitcoin (BTC)
Many Latin American lawmakers have expressed their support for the adoption of Bitcoin (BTC), in the wake of the President of El Salvador's announcement that the country wants to make Bitcoin legal tender, especially since the general public seems to view cryptocurrency favorably.Salvadoran head of state Nayib Bukele (39) had promised that they would present a bill to … [Read more...] about Many Latin American MPs show their support for Bitcoin (BTC)
Jack Dorsey Says Square Could Create Bitcoin (BTC) Hardware Wallet
Jack Dorsey, founder of Twitter and Square, plans to launch a hardware wallet dedicated to bitcoin (BTC), a cryptocurrency storage device that is not connected to the Internet.They could integrate the hardware wallet with Square's Cash app, which has seen its BTC sales become an important source of revenue for the payments business.Square plans to create a hardware … [Read more...] about Jack Dorsey Says Square Could Create Bitcoin (BTC) Hardware Wallet
