News Uber Might Accept Cryptocurrencies as Payment in the Future Uber CEO added that this opportunity could be good for the business as well as both drivers and customers, so the company will definitely consider it and implement it if it proves to be beneficial and useful.
News El Salvador to Build a Bitcoin City President Nayib Bukele says it will be a fully functional city with shopping centers, residential and commercial areas, museums, a railway, a port, an airport, etc. No income taxes will be levied in the city, except for VAT.
News Bitcoin Got Updated for the First Time in 4 Years The update primarily concerns the improvement of transactions' privacy and efficiency. It will also unlock the potential of smart contracts, which will provide the ability to conduct transactions without intermediaries.
News El Salvador Will Use the Energy of Volcanoes to Mine Bitcoin El Salvador President Nayib Bukele posted on Twitter a video from an energy plant near a volcano. It is noted that this project is still in development, and the mining of Bitcoin was just being tested.
News Twitter's Tips Feature Now Supports Bitcoin Payments Twitter has made its Tips feature publicly available globally. It allows you to send monetary rewards to your favorite authors on Twitter. Moreover, authors will be able to receive "tips" in Bitcoins.
News El Salvador Made Bitcoin a Legal Tender, but Most People Are Not Willing to Use It Since Bitcoin became the official currency of El Salvador along with the US dollar, the government of the country must create all the necessary infrastructure for cryptocurrency settlements within 90 days.
News Iran Banned Bitcoin Mining Due to Electricity Problems According to analyst company Elliptic, Iran accounts for 4.5% of the world's mining volume, which could provide the country with a total of about $1 billion a year, allowing it to bypass international sanctions.
News Tesla Temporarily Halts the Use of Bitcoin to Pay for Its Cars Tesla's CEO Elon Musk justified this decision by the environmental problems caused by mining, which is necessary to ensure the existence and functioning of the Bitcoin cryptocurrency.
