![]() ![]() Digital wallets are used to store bitcoins. However, the number of bitcoins that can be potentially mined is around 21 million. Around 12 million bitcoins are currently in circulation. The currency is mined using high-speed computers. It is not issued by any government or particular bank. During late last year, Horizon ventures, the firm responsible for managing the private investment of Ka-shing in the technology, telecommunications and media industry, was part of the team that invested $2.7 million in BitPay.īitcoin is a digital currency. He is the Hong Kong billionaire decided to join the list of bitcoin investors. Other Bitcoin Investors in BitPayīitPay has also managed to attain the backing of another higher-roller, Sir Li Ka-shing. The firm focuses mainly in fintech space. In addition, the Atlanta based venture firm TTV Capital also invested in the round. There was also some participation by other bitcoin investors such as the Founders Fund, RRR Ventures, Felicis Ventures and AME Cloud Ventures. ![]() On the 8th of April, there were reports made in the Atlanta Business Journal that BitPay intended to raise the funding in several rounds. Index Ventures was at the forefront of the $30 million round. The main agenda behind the undertaking is to develop software tools that will allow online merchants to collect their payments over the bitcoin peer-to-peer network. Richard is one of the bitcoin investors who put up $30 million into the project. It is estimated that around 70 jobs will be added on due to the startup. In May 2022, Musk announced his plans to extend the payment option for his space exploration company SpaceX, though there was no significant impact on price.ĭogecoin is currently priced at $0.06851 at the time of writing, up around 1.15% over the last 24 hours.Sir Richard Branson, the well-known British billionaire and founder of Virgin group is currently pursuing the Atlanta bitcoin startup BitPay. Last December, Tesla CEO Musk announced that the electric vehicle company would begin accepting DOGE for certain merchandise purchases, which saw Dogecoin’s price gain 25% following the announcement. Related: Dogecoin price could rally 20% in July with this bullish reversal pattern Supporting Dogecoin payments on Loop is only the latest integration for Musk’s fleet of companies. The company is still working on implementing driver-less vehicles on its Vegas transportation system in the future. It’s a far cry from the original plans for the Vegas “hyperloop,” which was to use magnetic propulsion to move passenger-carrying capsules at high speed through a pressurized tunnel system. Using the subterranean tunnel system, commuters can catch human-driven Tesla-branded electric vehicles from one stop to another. The new Loop station is located underneath an integrated resort called Resorts World Las Vegas and is the fourth stop on the 1.7-mile Las Vegas Convention Center Loop. Here's the video of booking a day pass in Vegas Loop using #Dogecoin. On the same day, DogeDesigner, a graphic designer for Dogecoin Foundation, shared a video with his 13,600 Twitter followers with him navigating through the Vegas Loop booking page and making a purchase of a day-pass using 37.52 DOGE via BitPay.ĮXCLUSIVE: The Boring Company is accepting Dogecoin via BitPay. ![]() Supporting Doge wherever possible- Elon Musk July 6, 2022 While The Boring Company has not officially confirmed the new payment method, founder Elon Musk seemingly did when he responded to a tweet about the news, saying: “Supporting Doge wherever possible.” Elon Musk’s tunnel construction firm The Boring Company (TBC) has begun allowing customers to pay for rides on its Las Vegas transit system using Dogecoin ( DOGE)Ī Wednesday report from CNBC said the new payment option via BitPay surfaced on July 1, a day after the opening of its new Loop station at the Las Vegas Convention Center. ![]()
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