Uber CEO Says Firm Will ‘Lean Into Crypto’ When It Becomes ‘Environmentally F...
Speaking in an interview on Friday, Uber CEO Dara Khosrowshahi explained that the company will accept cryptocurrencies “at some point.” Khosrowshahi noted that there were two downsides to leveraging the cryptocurrencies like bitcoin, such as “the exchange mechanism is expensive, [and] it’s not great for the environment.” Uber CEO Says Firm Will Likely Accept Cryptocurrencies at Some Point, Company Converses About the Subject All the Time At some point in time, Uber Technologies, the mobility service provider (ride-share service) will accept....
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[UPDATE: It appears that Uber has suspended Bitcoin Builder's account and thus, the service is no longer operational.] US-based bitcoin exchange platform Bitcoin Builder has announced their release of a bitcoin service that enables users to pay with bitcoin for Uber rides. How it Works. Bitcoin Builder created a business account on the Uber network, which allows the firm to display itself as a payment method on the Uber mobile app. Users are required to use the Bitcoin Builder multi-sig wallet to associate it with the firm’s Uber business account. After the activation, users will see....
Data shows the Bitcoin investors on derivatives exchanges still lean bearish toward the cryptocurrency even after the recent price recovery. Bitcoin Short Positions Still Outweigh The Long Ones In a new post on X, on-chain analytics firm Glassnode has talked about how Bitcoin market sentiment is looking from the lens of the derivatives market right […]
As of right now, the Uber taxi service app does not have a feature that allows people to tip their drivers electronically. Uber drivers have been complaining about only being able to receive tips in cash for quite a while. In-car advertising company Vugo now meets their demand with a new feature, called “Tip your driver.” Uber is a taxi service app that connects drivers and passengers. The app uses a smartphone’s GPS functionality to find a driver that is nearby, even if the passenger does not know the address they are at. The service is very quick and hassle-free. Because of this, the....
Recently I wrote a news piece that reported that Uber had begun accepting Bitcoin payments. Although I gave myself enough room to later back away from the statement, sure to clarify that I hadn't confirmed this with Uber themselves yet, there is still a certain guilt that comes with being wrong about something. The whole community was misinformed by either a liar, someone having fun, or an Uber support agent. Whichever the case, sitting on the story and following up with Uber first would have been the way to go. As it turns out, Uber is not accepting Bitcoin payments any time soon. Which....
Uber CEO Dara Khosrowshahi has revealed that the app will accept Bitcoin and other cryptocurrencies “at some point” in the future. Uber Platform Will One Day Accept Bitcoin And Other Cryptos As Payment In an interview with Bloomberg, the Uber Technologies Inc. CEO Dara Khosrowshahi has said that the company has been having internal discussions […]