Jack Dorsey’s Block held first investor day since 2017: Set focus on Bitcoin

Jack Dorsey’s Block held first investor day since 2017: Set focus on Bitcoin

Jack Dorsey’s Sqaure Inc. was rebranded as Block in 2021, and since then the company has taken several steps to capitalize on the crypto world. The company held its first Investor Day since 2017, where executives described how the company’s crypto and music streaming businesses led to the creation of an “ecosystem”. It is no…

FTX CEO believes Bitcoin has no future as a payment network

FTX CEO believes Bitcoin has no future as a payment network

The founder and CEO of crypto exchange giant FTX, Samuel Bankman-Fried, has made a shocking statement about the world’s largest cryptocurrency, Bitcoin. SBF: Bitcoin cannot be used as a payment network SBF believes Bitcoin has no future as a payment network due to its inefficiency and high environmental costs. However, he added that it has…

Bitcoin discussion to be held in El Salvador: 44 nations to assemble

Bitcoin discussion to be held in El Salvador: 44 nations to assemble

El Salvador, the first country to adopt Bitcoin as legal tender in September 2021, under the leadership of President El Salvador, will host one of the largest discussions based on Bitcoin, the largest cryptocurrency in the world, in the midst of “the ‘crypto winter’ that investors are witnessing. currently. Important discussions will take place in…

UAE’s airline Emirates to accept Bitcoin as a payment method

UAE’s airline Emirates to accept Bitcoin as a payment method

Dubai airline Emirates has revealed plans to integrate “bitcoin as a payment service” and wants to launch a metaverse and NFT trading platform. Emirates will accept Bitcoin Emirates Airlines, the main airline of the United Arab Emirates (UAE), will soon accept “bitcoin as a payment service”, according to the company’s chief operating officer (COO), Adel…

Shanghai High Court categorizes Bitcoin as a legal virtual property

Shanghai High Court categorizes Bitcoin as a legal virtual property

The People’s High Court in Shanghai has made headlines for classifying the world’s largest cryptocurrency, Bitcoin, as virtual property protected by Chinese law. Bitcoin classified as virtual property Governments around the world have long struggled to classify Bitcoin according to existing rules. While an Indian MP classified cryptocurrency as gambling, other countries granted them legal…

MicroStrategy CEO reaffirms faith in Bitcoin: Won’t ever sell BTC

MicroStrategy CEO reaffirms faith in Bitcoin: Won’t ever sell BTC

MicroStrategy, an enterprise Business Intelligence (BI) application software provider, went on a buying spree and racked up around 115,109 BTC over the past few years. Company CEO Michael Saylor, one of Bitcoin’s biggest supporters, has revealed that he will never sell his Bitcoin holdings. MicroStrategy alleviates fear in the market It is well known that…