Square allocates one percent of it’s total assets to Bitcoin
BTC $10,894(+2.5%) • ETH $349 (2.4%) • XRP $0.25 (+0.9%)
Square Inc. has announced today that it has purchased 4,709 BTC for approximately $50 million, allocating around 1 percent of its total assets as of Q2 2020 to Bitcoin. The payments company, founded by Twitter’s CEO Jack Dorsey, said that it intends to participate in growing Bitcoin’s adoption.
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Solana announces Ethereum cross-chain bridge ‘Wormhole’
Web-scale blockchain network Solana, which boasts over 2 billion transactions since its introduction in March 2020, announced ‘Wormhole,’ a secure, trustless bridge connecting Ethereum to Solana, in a release shared with CryptoSlate.
Billionaire investor Chamath Palihapitiya doubles down on Bitcoin in CNBC interview
Chamath Palihapitiya has become one of the most prominent investors of the past few years due to his use of special-purpose acquisition companies (SPACs).
Chainlink oracles are now live on AdEx Network (ADX/USD) price feeds
AdEx Network is going live on mainnet with a Chainlink oracle integration and the launch of a novel DeFi concept called “elastic token issuance,” it said in a release shared with CryptoSlate.
NFT trend reaches new pinnacles as digital Bitcoin art garners coveted Christie’s auction
The non-fungible token trend that has been sweeping across the crypto markets has been called a fad by many, but the recent listing of a Bitcoin-centric digital piece on a Christie’s auction seems to validate that digital artwork is real artwork – despite what many say.
New Bitcoin addresses shoot “off the charts” despite price drop
Bitcoin’s price action has been tepid at best over the past few weeks due to a confluence of fundamental trends.
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