Bitcoin Magazine News

Paxos Rebrands Token as ‘Pax Dollar’ Amid Stablecoin Wars

Paxos, a New York-based blockchain infrastructure firm, announced on Tuesday that it has changed the name of its stablecoin from “Paxos Standard’ to “Pax Dollar,” and that [...]

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24 August 2021 12:01

How To Buy Bitcoin With PayPal (2021 Update)

In November 2020, PayPal announced that all account holders in the U.S. would be able to buy and sell cryptocurrencies including Bitcoin through its platform. The news [...]

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24 August 2021 11:30

DeFi Firms, Kraken Donate $1.5 Million to Ethereum 2.0 Development

A selection of companies operating in the decentralized finance (DeFi) industry—as well as crypto exchange Kraken—are donating to the open-source development teams working on Ethereum’s technical upgrades [...]

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24 August 2021 11:10

British Citizens Aren’t Sold on Central Bank Digital Currencies: Survey

The British public doesn’t believe in central bank digital currencies, according to a survey of 2,500 UK adults carried out for POLITICO by Redfield & Wilton Strategies [...]

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24 August 2021 10:51

CFTC Commissioner Clarifies Agency’s Role in Regulating Bitcoin

Dawn DeBerry Stump, Commissioner of the Commodity Futures Trading Commission (CFTC), has addressed a widespread “misunderstanding about U.S. regulatory delineations” which suggests that the agency is responsible [...]

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24 August 2021 10:14

XTZ Rallies 11% as Swiss Firms Tap Tezos for New Token Standard

The price of XTZ, the token underpinning the Tezos blockchain, has soared by 11.1% in the past 24 hours, hitting a 12-week high. According to CoinGecko, XTZ [...]

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24 August 2021 09:55

Art Buyer Turned $1,400 Into $3.3 Million in Ethereum With This JPEG

A recent resurgence in NFT market activity has seen projects like CryptoPunks, Bored Ape Yacht Club, and crypto game Axie Infinity dominate much of the conversation. But [...]

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23 August 2021 22:58

Bitcoin Transactions at ‘Historically Low Levels’ Despite Bullish Price Outlook: Report

In less than a week, Bitcoin rose in price from $44,000 to $50,000, a 14% increase. So, you’d expect the network to be buzzing with lots of [...]

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23 August 2021 22:51

Arizona Iced Tea’s Bored Ape NFT Brand Use Was ‘Inappropriate’, Creators Warn

On Friday, Arizona Iced Tea announced that it purchased an NFT in the popular Bored Ape Yacht Club collection—a series of 10,000 randomly-generated profile pictures that has [...]

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23 August 2021 19:40

Iran to Lift Ban on Bitcoin Mining Next Month: Reports

Iran will lift its four-month ban on cryptocurrency mining in September, according to a report from the Iranian Students’ News Agency that was subsequently picked up by [...]

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23 August 2021 18:57

Substack Now Accepts Bitcoin Payments Via Lightning Network

Newsletter platform Substack today announced it will accept Bitcoin payments using the Lightning Network.  San Francisco-based Substack allows writers to set up subscription publications. People use it to [...]

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23 August 2021 17:19

CryptoPunks NFTs Set Daily Sales Record of $69M in Ethereum After Visa Buys In

When financial services giant Visa announced this morning that it bought a CryptoPunks NFT for nearly 50 ETH (about $150,000 at the time of purchase), the news [...]

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23 August 2021 16:00

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