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One Month after Tesla, Revisiting the Business Case for Bitcoin - Vimarsana News

One Month after Tesla, Revisiting the Business Case for Bitcoin

One Month after Tesla, Revisiting the Business Case for Bitcoin March 15, 2021 Recently, Tesla made waves in the financial markets by adding $1.5 billion worth of it Bitcoin to its balance sheet. That could be the start of something more substantial for the largest cryptocurrency as more companies follow suit. Tesla also said it bought $1.5 billion worth of Bitcoin, which will be accounted for on its balance sheet as goodwill. Having $1.5 billion worth of Bitcoin on hand will provide the automaker with sufficient liquidity to conduct business in the cryptocurrency. Some financial pundits ar...

How the Biden administration is approaching crypto regulations – TechCrunch - Vimarsana News

How the Biden administration is approaching crypto regulations – TechCrunch

It’s hard to imagine a worse scenario than the one left behind by former Treasury Secretary Steven Mnuchin.  The draconian regulatory proposals were Mnuchin’s own personal vendetta, according to Bitcoin veterans like Square Crypto developer Matt Corallo and Coin Center director Jerry Brito, and it’s too soon to say whether incoming Treasury Secretary Janet Yellen will approve the proposed know-your-customer standards or reject them.  Given the chaos created by the Trump administration, bitcoin fans are anxiously optimistic about how regulators will approach the cryptocurrency space du...

Twitter considers paying its employees in bitcoin - Vimarsana News

Twitter considers paying its employees in bitcoin

Days after Elon Musk’s Tesla announced a $1.5 billion investment in bitcoin, Twitter CFO Ned Segal in a TV interview said that the tech giant is considering incorporating bitcoin into its finances, including payment options.

Crypto Patent Alliance Questions Craig Wright's White Paper Copyright Claim – Bitcoin News - Vimarsana News

Crypto Patent Alliance Questions Craig Wright's White Paper Copyright Claim – Bitcoin News

Crypto Patent Alliance Questions Craig Wright's White Paper Copyright Claim Back in January, the notorious Craig Wright who claims to be Satoshi Nakamoto had his lawyers send letters to a number of websites like bitcoin.org telling them to remove the Bitcoin white paper hosted on their web portals. On January 31, bitcoin.org’s owner Cobra claimed he was threatened by a Bitcoinsv supporter after the person discovered the anonymous owner’s phone number. Moreover, the organization Crypto Open Patent Alliance (COPA) has sent a letter to Wright’s legal team seeking more in...

Square gains 10% as the payments company rides bitcoin's record-breaking rise - Vimarsana News

Square gains 10% as the payments company rides bitcoin's record-breaking rise

Shares of payments company Square surged as much as 10% on Monday after Tesla announced it is investing $1.5 billion into Bitcoin. Square, led by Twitter CEO