Bitcoin payments are now accepted by a Xiaomi retailer in Portugal
A partnership with Utrust has enabled the official Portuguese shop of Chinese electronics giant Xiaomi to accept payments in five cryptocurrencies. With the addition of Bitcoin (BTC) payments to its official Portuguese shop, Chinese electronics manufacturer Xiaomi has become the latest global company to become involved in the cryptocurrency industry. Mi Store Portugal, the official […]
Chinese government’s ban on Bitcoin mining is a “game changer” for the adoption of EV
It is the first time in China that a province has announced an ambitious electric vehicle campaign, taking advantage of the additional power capacity made available by Beijing’s ban on Bitcoin mining. Because of Beijing’s crackdown on energy-guzzling Bitcoin (BTC) mining, Guizhou province has become the country’s first to make use of its newly freed-up […]
YouTube star KSI says Bitcoin is the future
A previous loss of $9.74 million (£7 million) in cryptocurrency investment has been attributed to “over leveraging” by British YouTuber KSI. KSI, a well-known YouTube personality , is a member of a group of cryptocurrency investors who made and lost a lot of money during the most recent Bitcoin (BTC) crash. However, in his most […]
Biden strikes a blow to the cryptocurrency industry
The Biden Administration endorsed a tax amendment that appears to be directed at the DeFi industry. In an unexpected move, the Biden Administration endorsed an amendment to a major Senate bill that would subject a large segment of the cryptocurrency industry to onerous or even impossible tax reporting requirements. Senators Rob Portman (R-Ohio) and Mark […]
Ethereum: 90-year NYSE-listed company changes ticker from ETH to ETD
Ethan Allen Interiors Inc., a New York Stock Exchange (NYSE)-listed company, has changed its ticker symbol from “ETH” to “ETD” to avoid confusion with Ethereum and to acknowledge crypto’s ascendancy. Apart from the London hard fork, Ethereum reached another milestone this week, with a 90-year-old New York Stock Exchange (NYSE) listed company changing its ticker […]