Elon Musk: Tesla Has Stopped Accepting Bitcoin Due to Environmental Impact
In a tweet on Wednesday, Tesla CEO Elon Musk said the company will no longer accept Bitcoin as payment for its cars, citing concerns over the energy expenditure of Bitcoin…
Facebook’s Crypto Ambitions Stumble Forward With Plans for U.S. Stablecoin
Facebook's long-delayed cryptocurrency plans took a modest step forward on Wednesday when the project it is backing, the Diem Association, announced it would launch a U.S. stablecoin. Upon launch, consumers…
What Is Taproot, the Proposed Bitcoin Upgrade?
What is Taproot? It's not a carrot or a turnip, but a Bitcoin update that promises to keep some transaction details buried deep in the metaphorical soil. Taproot is on…
US Inflation Is Up 4.2%, But Bitcoin Is Still Down
The U.S. consumer price index (CPI), which measures how much people are paying for goods and services, rose 4.2% from April 2020 to April 2021. According to the U.S. Labor…
Vitalik Just Sent $1B In SHIB to Charity
Happy Wednesday, Blockfolians The Lede Unless you’ve been living under a rock, you know that everything is about the dog money. Well, one of the ways that some of the…
Cardano Consolidates Below Recent High as Bulls Attempt to Breach $1.80 Resistance
On May 5, ADA price rebounded above $1,300 support as bulls broke the resistance at $1.40 and $1.60. However, buyers could not sustain the bullish momentum above the $1.80 resistance…
Most African Countries Cannot Access Akoin. How True is the One Africa, One Koin Sentiment?
Back in 2020, a famous rapper Akon launched his own cryptocurrency dubbed Akoin to boost its dream of improving the lives of the citizens of the African continent. But paradoxical…
