Elon Musk claims Dogecoin beats Bitcoin when it comes to payments
Elon Musk stressed that Bitcoin is better suited as a store of value, which is why investors prefer to hoard it rather than sell it or use it for transactions. BTC, according to Tesla CEO Elon Musk, isn’t as good for everyday payments as the meme-based cryptocurrency DOGE . In a Time Magazine interview shortly […]
MicroStrategy now holds almost $6 billion worth of Bitcoin after recent purchase
MicroStrategy has recently purchased $82M worth of Bitcoin, which amounts to an additional 1,434 bitcoins at an average price of $57,477 per Bitcoin. Its holdings are valued at more than $5.9 billion. MicroStrategy, a business analytics consultancy, has added 1,434 Bitcoin to its account after purchasing the cryptocurrency at an average price of $57,477. MicroStrategy […]
Polygon plans to dedicate 250M MATIC to deal with zero-knowledge tech
Sandeep Nailwal, Polygon’s co-founder, remarked that “Polygon plans to focus on ZK cryptography as the end game for blockchain scaling.” A scalability solution for Ethereum Polygon has announced that it will commit up to 250 million MATIC tokens ($627.5 million) to a partnership with Mir, a zero-knowledge cryptography business. Polygon’s Plan External validators can verify […]
Intech provider Unbanked to enable crypto donations for Toys for Tots
Unbanked announced on December 2 that users will be able to give cryptocurrencies such as BTC and ETH to Toys for Tots as part of a fundraising drive. Unbanked will have a cryptocurrency payment website available from December 2 to December 20 that will allow contributors to donate in twenty-eight prominent cryptos, including Bitcoin, Ethereum, USDC, and […]