Elon Musk, The Richest Person on Earth, Wants to Be Paid in Bitcoin

Elon Musk, the founder of Tesla Motors, US giant company behind the manufacturing of electric cars, and SpaceX, an aerospace manufacturer and space transportation firm, has mentioned that he would never turn down being paid in Bitcoin. Musk was responding to a tweet posted by Ben Mezrich who said: “I’m never turning down getting paid … Continue reading Elon Musk, The Richest Person on Earth, Wants to Be Paid in Bitcoin

Bitcoin Price Surpassed $40,000 and Then Plummeted

This week, Bitcoin plunged again. On Thursday (January 21), BTC plunged by more than 10%. As of the 23rd, the reporter’s press time reported $32,619. Behind the sharp rise and fall of Bitcoin are the differences in inflation expectations in the global financial market and the profit settlement of speculators after the rapid rise. So … Continue reading Bitcoin Price Surpassed $40,000 and Then Plummeted

General Motors May Follow Tesla in Accepting Bitcoin Payments but Will Not Invest in Bitcoin – GM CEO

Normal 0 false false false EN-US X-NONE X-NONE General Motors Company may be open to accepting Bitcoin as an official method of payment in the future.  During the firm’s fourth-quarter earnings call conference, General Motors CEO, Mary Barra, disclosed that the automobile company may accept the crypto as a form of payment. Barra revealed this probability when … Continue reading General Motors May Follow Tesla in Accepting Bitcoin Payments but Will Not Invest in Bitcoin – GM CEO

Crypto Is Going to Make Many People Wealthy, says Market Analyst

The crypto market continues to show its potential in the financial scene, as evidenced by its present market capitalization of $1.84 trillion.  Market analyst and trader Michael van de Poppe believes that crypto will be a significant stepping stone towards many people’s wealth. He explained: “Crypto is going to make many people wealthy. Do something … Continue reading Crypto Is Going to Make Many People Wealthy, says Market Analyst

Tesla Reveals Possibly to Resume Bitcoin Payments for Products

Months after it stopped accepting Bitcoin payments for its electric automobiles, American car manufacturing giant Tesla has hinted at the possibility of continuing this pro-Bitcoin move in the near future. The Palo Alto-based firm revealed this in its quarterly performance report, in which it recorded a massive revenue of over $13.7 billion. In the filing, the … Continue reading Tesla Reveals Possibly to Resume Bitcoin Payments for Products

Ava Labs to Serve as Smart Contracts Platform for Turkish EV Maker TOGG

Ava Labs, the team behind the development and management of Avalanche public blockchain, has entered into a strategic partnership with Turkish Electric Vehicle (EV) manufacturer TOGG to serve as its smart contract infrastructure provider for its next generation self-driven cars.  The partnership was unveiled at the 2022 CES Summit in Las Vegas, U.S. As reported … Continue reading Ava Labs to Serve as Smart Contracts Platform for Turkish EV Maker TOGG

Alfa Romeo Unveils Tonale SUV with NFT Tracking Capabilities

Stellantis-backed Italian automobile brand, Alfa Romeo is launching a new Sports Utility Vehicle in 2023, the Tonale and it will incorporate Non-Fungible Tokens (NFTs) and blockchain technology in its data capturing procedures.  As reported by CNBC, the captured NFT data from the Tonale SUV will record and store data all through the vehicle’s life cycle. Amongst the … Continue reading Alfa Romeo Unveils Tonale SUV with NFT Tracking Capabilities

McLaren Enters the Metaverse through InfiniteWorld

McLaren Automotive, a British automotive manufacturer, has entered the metaverse by giving customers a new level of experience where they can mint and sell non-fungible tokens (NFTs). Through InfiniteWorld, McLaren will showcase its luxury hypercars and supercars in the metaverse in the form of NFTs or other digital artworks.  Per the announcement: “Holders of NFTs … Continue reading McLaren Enters the Metaverse through InfiniteWorld

Samsung Plans to Develop Top-Notch Metaverse Devices to Foster Accessibility

During the general shareholder’s meeting, Samsung Electronics revealed plans to make the metaverse more accessible by developing innovative devices because it sees it as a new business model, according to South Korean media outlet Hankyung.   Han Jong-hee, the vice chairman of Samsung Electronics, noted: “We will develop optimized metaverse devices and solutions so that customers … Continue reading Samsung Plans to Develop Top-Notch Metaverse Devices to Foster Accessibility

Tsinghua University Opens First Metaverse Lab in China

Tsinghua University has launched China’s first metaverse laboratory, dedicated to studying the growth and expansion of the new digital industry in the country, according to a report by The Crypto Times. The metaverse laboratory, “Metaverse Culture Laboratory”, was founded in a partnership between Tsinghua’s School of Journalism and Communications and Chinese Online (COL) – China’s … Continue reading Tsinghua University Opens First Metaverse Lab in China

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