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Bitcoin Halving

In the realm of digital finance, few phenomena captivate the imagination and intrigue of enthusiasts, quite like Bitcoin halving. Representing a fundamental aspect of Bitcoin’s design, halving events serve as pivotal milestones that shape the cryptocurrency’s economic landscape and influence market dynamics.

Bitcoin Halving #Infographic

Carbon Footprint of Gold and Bitcoin

The year 2020 created volatility and uncertainty under the effects of the Covid-19 pandemic which not only shook the global economy but also impacted the lifestyle of people. Because of such terrible economic crises, investors looked out for alternative assets such as bitcoin and gold.

Bitcoin stole the show with its incredible value and hence gained more attention from the investors than gold did. Even though this asset is entirely digital and exists only in the digital cloud, it has record breaking number of investors.

But, do you know that the increased adoption of bitcoin resulted in huge impacts on the environment? The infographic below explains in detail the carbon footprint of gold and bitcoin.

Carbon Footprint of Gold and Bitcoin #infographic

PayPal will support cryptocurrency payments from today

PayPal had been planning to start its support for the cryptocurrency payments for a few months and finally from today, it has officially announced to allow the users to pay with their Bitcoin, Litecoin, Ethereum or Bitcoin Cash. The online payment is made super easy via the app as a dedicated “Checkout with Crypto” option is available.


PayPal will support cryptocurrency payments from today

 


CEO of Tesla, Elo Musk just announced that people can now use bitcoin for payment of the cars in the US. The company’s US website now shows the option of paying using cryptocurrency. Musk added that the option will become available to more users in other countries later this year.

 

 

In addition to this news, Musk also shared the details about the way Tesla is going to handle this new payment option. “Bitcoin paid to Tesla will be retained as Bitcoin, not converted to fiat currency,” he explained in a tweet.

 

Details about the bitcoin payment process are shared on Tesla’s website in the FAQ section. Users are given two options to initiate payment: by scanning a QR code or copying and pasting its bitcoin wallet address. Moreover, trying to send any other form of cryptocurrency to its wallet would likely result in a loss of funds as the transaction will not be received.

Tesla to Now Accept Bitcoin Payment in the US

A Look at the Bitcoin Bull Run

Bitcoin is a force that can no longer be ignored.  Chances are, you have some friends and acquaintances telling you that it is a good idea to buy, and by now you’re frustrated that you may have missed a good deal, as it has been on the rise lately.  The question is - why did it rise so much recently? 


Most people don’t realize that Bitcoin first started in the days following the housing market crisis, back in 2009.  Following its start was Pizza Day, back in 2010 where an individual used 10,000 BTC to pay for 2 pizzas (that would be over $557 million at the time of this post). 

A Look at the Bitcoin Bull Run #Infographic



You all must have heard about Bitcoin at some point in your life, but not every one of you must be aware of what it actually is. Bitcoin basically is a digital cryptocurrency that is completely virtual and can be used to trade items of your interest that have the same worth as your bitcoin.

Everything about Bitcoin and its brilliance #infographic

Bitcoin exceeded $30,000 for the first time

The largest cryptocurrency in the world, bitcoin, for the first time surpassed $30,000 and extended its rally. On Saturday, the value of bitcoin raised by 9% and reached $31,800 moreover, in December, it breached $20,000 (50% increase) for the first time. The $20k value was already a milestone for the cryptocurrency, and within two weeks, it hit another major milestone.

The blockchain currency is just a decade old, but the demand in 2020 has grown incredibly, especially among the biggest American investors. The quick gains of the currency draw people’s attention, and the number of traders and investors are constantly doubling in the number each passing day.

Bitcoin exceeded $30,000 for the first time


The use of cryptocurrencies has been on the rise in the twenty-first century. Although financial assets have been experiencing a downfall ever since March 2020 due to the global pandemic, Bitcoin's position and status have been quite the opposite. 

The Current Status of Bitcoin #Infographic


PayPal announced last month that it would be launching support for cryptocurrency and the functionality has finally rolled out for users in the U.S. This means that PayPal users can now buy, sell, and hold cryptocurrencies from their PayPal account. 


The functionality can be seen in the PayPal app by tapping a banner at the top of the main screen that says something about buying cryptocurrency. It will show several cryptocurrency options, including Bitcoin, Ethereum, Bitcoin Cash, and Litecoin. 

PayPal Users in the U.S. can Now Buy and Sell Cryptocurrencies


According to a recent official announcement, PayPal is going to start supporting cryptocurrency for the first time, which means that all PayPal account holders will be able to carry out financial activities with popular virtual currencies, including storing, buying, and selling. The service will be available later this year.  


This move has definitely made PayPal the topmost significant company in the financial tech sector to adopt support for virtual currencies.  


PayPal’s competitor service Square launched support for Bitcoin in 2018, however PayPal is not only going to support Bitcoin, but other virtual currencies like Ethereum, Bitcoin Cash, and Litecoin as well. 


Moreover, PayPal has plans of extending the support to its money-making subsidiary Venmo and international markets too, starting from early next year.  

PayPal and Venmo are Adding Support for Cryptocurrency

Attackers invaded 130 Twitter accounts
It all started on Wednesday, 15th of July, when several high profile accounts began to tweet about a giveaway by Bitcoin. The odd tweet said that anyone who sends funds to the specific wallet number (which was the same in every tweet) would give the sender a double amount of funds. However, the same wallet number of Bitcoin in every tweet and promotion of it by high profiles become suspicious to everyone. As soon as Twitter noticed the issue, an investigation was started, and the truth that came out surprised and scared everyone.

Attackers invaded 130 Twitter accounts

It was confirmed by Twitter that these accounts were taken over by the attackers who were able to access the entire account, including sensitive information like personal direct messages, email addresses, and phone numbers associated with the accounts. Twitter also tells the users that the attackers might also have been able to see the location history of the user. As soon as Twitter noticed the incident, all the targeted accounts were seized down temporarily.

The high profile verified accounts that hackers were lucky enough to attack included the accounts of Apple, Barack Obama, Bill Gates, Kanye West, Kim Kardashian, Jeff Bezos, Joe Biden, Uber, HQ Trivia and many more.

Attackers invaded 130 Twitter accounts

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