Tesla’s bitcoin effect: This German Tech-Company is the Hidden Champion of th...
As everyone in crypto land already knows, Bitcoin just reached its new all-time peak after reports of an SEC filing by Tesla broke out this Monday. Through an impressive declaration of a $1.5 billion purchase, the news detailed, the automobile giant is set on allowing its customers to make payments using BTC. Therefore, it has taken the first step to procure itself the necessary liquidity. To most, this might come as no surprise as CEO […]
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PEY, the German bitcoin payment solutions company is using Bitpay's bitcoin payroll API to provide payroll service to t3n. We can send funds across the world using bitcoin, we can also use it to pay for goods and services and we can also trade it against other currencies and commodities. When we can do all these things with bitcoin, why can’t we just get paid in the same digital form which we can spend comfortably? Actually, we can. There are many such services that allow companies to pay their employees’ salaries in bitcoin. It is just a matter of adoption and not many companies have....
T3n, a German tech magazine has revealed that it will allow its employees to gain a portion of their salary in bitcoin. German tech publication t3n, an outlet that publishes technology news in both print and online media has revealed that it has been conducting a trial since November 2015 which sees its employees receive €20 worth of bitcoin, with every paycheck. The bitcoin payroll trial is due to a partnership between t3n and PEY, a Hannover, Germany-based bitcoin startup. In a blog post by the tech publication, it revealed that adopting bitcoin as a form of salary payment will help its....
Ernst & Young (EY), the third largest multinational professional services firm, believes blockchain technology is poised for critical mass. In its latest report, “Blockchain Reaction: Tech companies plan for critical mass,” the company explains how tech firms will experience impact through the blockchain’s “potential-rich, but still immature,....
Bitcoinist recently spoke with Angus Champion de Crespigny, a Senior Manager at Ernst & Young, the multinational professional services firm headquartered in London, United Kingdom. De Crespigny has established the firm’s first Digital Currency and Asset Technology group which consults businesses and financial institutions on blockchain and consensus technologies. Angus gives us an inside look at how he feels about private blockchains, the Bitcoin blockchain, and how these protocols will be transformative tools with financial sectors and other areas in society’s infrastructure. “It’s....
Corporate forces can spark a record-breaking price rally, but it’s up to consumers to solidify the momentum. The start of February has brought yet another batch of evidence supporting the notion that the ongoing surge of crypto prices has deep institutional roots. Ignited by market whisperer Elon Musk and his Tesla’s announcement of a $1.5-billion Bitcoin position, the bullish cycle was reinforced by further news coming from the likes of Mastercard, Amazon and BNY Mellon. The level of interest around the industry is certainly rising, as Bitcoin’s (BTC) price is rapidly becoming a widely....