Etsy Inc Chief Executive Officer Josh Silverman said on Friday the e-commerce retailer is not thinking about accepting bitcoin as a form of payment right now, saying more people need to buy and own it before it can be used as tender.

Could the cryptocurrency's huge electricity consumption also sink it?

Criminals appear to be laundering an increasing amount of cryptocurrency by moving it to reputable exchanges, according to blockchain analytics firm Chainalysis.

MicroStrategy announced the purchase of another $1.026 billion in bitcoin Wednesday, turning mountains of zero-interest debt into one of the single largest (dollar-denominated) bitcoin investments ever executed by a publicly traded company.

The automaker denies it was the victim of a cyberattack, but the alleged culprit left a pretty detailed digital ransom note.

Bitcoin has gotten a boost from news of large firms like Tesla, Mastercard and BNY Mellon warming to cryptocurrencies.

In case you haven’t noticed, Bitcoin’s having a bit of a moment. The cryptocurrency’s value reached record heights in recent weeks, you’ll soon be able to buy a Tesla with it, and, as of Friday, you can now spend Bitcoin (and other cryptocurrencies) via Apple Pay.

Central banks are accelerating their work on digital currencies and investors are taking note. Earlier this year, the Bank of International Settlements published its latest survey showing that 86% of the 65 central banks it spoke to are doing some form of work on central bank digital currencies (CBDCs), be it research, proofs of concept or pilot development.

SILVER SPRING, Md. (AP) — Tesla has invested around $1.5 billion in Bitcoin and said it plans to begin accepting the digital currency as payment for it high-end vehicles soon. The price of Bitcoin...

Tesla announced Monday it has bought $1.5 billion worth of bitcoin. In a filing with the Securities and Exchange Commission, the company said it bought the bitcoin for “more flexibility to further diversify and maximize returns on our cash.” Tesla also said it will start accepting payments in bitcoin in exchange for its products “subject to applicable laws and initially on a limited basis.” That would make Tesla the first major automaker to accept do so. (The $1.5 billion worth of bitcoin will give Tesla liquidity in the cryptocurrency once it starts accepting it for payments.)

Bitcoin nodes are the software that stores and verifies the blockchain. Anyone can download the relevant software and run it freely on their own machines. There are currently 7,539 public nodes on the Bitcoin network, but it is estimated that there are many more.

One River Asset Management CEO Eric Peters says that since the company revealed its exposure to BTC is ‘well in excess of $1 billion,’ the institutional interest in Bitcoin has been ‘astounding’. Peters was speaking at Bloomberg’s Year Ahead conference and said his One River asset management firm now had well over $1 billion worth of Bitcoin and other digital assets, believed to be Ethereum.

Visa chairman and CEO Al Kelly have indicated that the payment giant could add cryptocurrencies to its list of over 160 currencies. The company aims to improve its payment network and develop greater access. Kelly was chatting on the firm’s fiscal Q1 2021 earnings call, where he described cryptocurrencies such as Bitcoin as “digital gold” that is not utilized as a method of payment vitally at this point. He stated that the payment giant would make cryptocurrencies more valuable, safe, and applicable for payments.

The price skyrocketed after an Elon Musk tweet.

Bitcoin has been on a phenomenal tear over recent months, adding over 200% since early October (though its huge rally has sparked serious bubble fears). The bitcoin price boom took bitcoin to over $40,000 earlier this month, up from around $8,000 in January 2020, making the combined value of the world's bitcoins worth more than Visa, Samsung and Berkshire Hathaway.

A long-standing trope from the days of seedy darknet is being resuscitated as a besmirching tactic by the powers that be.

If the $21 double spend did occur, it would be a critical blow to bitcoin and exposes a vulnerability Satoshi Nakamoto set out to solve in 2009. Bitcoin fell as much as 11% on Thursday, hitting its lowest level in nearly three weeks, as the popular cryptocurrency was hit with a double whammy that jolted faith in its user base.

James Howells, from Wales, threw away the hard drive containing the cryptocurrency in 2013. The trove, buried at a huge dump, is worth $275 million.

Representatives of the lower house of the Kentucky General Assembly has presented a draft tax incentive for Bitcoin miners. It aims to increase the attractiveness of the state for commercial cryptocurrency mining.

China plans a digital version of its currency, which some say could become a big global payment system.