News
The CEO of Tesla, Elon Musk has acquired a 9.2% stake in Twitter, a popular microblogging platform. This move, which many have termed strategic, comes weeks after the multi billionaire subtly accused the platform of defying the principles of free speech. Musk’s move was announced in a SEC
Bitcoin
08 February, 2021 - A recent filing with the United States Securities and Exchange Commission (SEC) indicates that Tesla has bought $1.5 billion worth of bitcoin (BTC). According to an official announcement by Tesla, the company says it has purchased bitcoin for "more flexibility to further diversify and
Bitcoin
The year 2020 started very eventful in the cryptocurrency space with investors and traders very enthusiastic to see what the year holds in terms of price and development of the industry. Here, we take a look at four (4) major stories that created a buzz in January 2021. Bitcoin Set
Bitcoin
Elon Musk - the current world's richest man and founder of Tesla has again strengthened his crypto roots, saying he would never turn down an opportunity of being paid in Bitcoin (BTC). While responding to a tweet by Ben Mezrich - writer of the movie The Social Network
Bitcoin
In what can be described as another publicity for cryptocurrency, U.S rapper Meek Mill has encouraged his over 10 million followers to learn about cryptocurrency and stocks. The musician made this known via his Twitter handle as he seemed to have seen the recent gains of Bitcoin (BTC) and
Bitcoin
In an interview with Third Row Tesla Podcast, Elon Musk states that he sees crypto as a replacement for cash. However, the founder of PayPal does not see it being the primary database. The Founder of PayPal Comments on Bitcoin When asked to break down his views on Bitcoin, Elon
Blockchain
* ₿. In collaboration with CargoSmart and China’s Shanghai Port Group, Tesla is aiming at transforming the goods importation process in China using a new blockchain application. * ₿. The companies aim at making the whole clearing process both cost and time effective. US electric car manufacturer - Tesla has partnered the Shanghai
Bitcoin
Elon Musk, the brain behind Tesla, SpaceX, and Paypal has cleared the air on his opinions on cryptocurrency. During a podcast, he states that he is “neither here nor there on Bitcoin”. Pretty Clever Technology When asked by the interviewers on his take on Bitcoin and cryptocurrencies, Musk referred to