About: http://data.cimple.eu/news-article/746587c28474a2af51319cf45af9e2d083c82ddfaea006ead73b36cf     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

AttributesValues
rdf:type
schema:articleBody
  • Twitter chief Jack Dorsey on Friday put out word that he and rap mogul Jay-Z are creating a fund devoted to making bitcoin digital money "the internet's currency." Dorsey, who is also founder and chief of financial services and mobile payments firm Square, said in a tweet that he and Jay-Z are giving 500 bitcoin to fund an independent endowment called "Btrust." That amount of the cryptocurrency was worth about $24 million on Friday. "It will be set up as a blind irrevocable trust, taking zero direction from us," Dorsey said, adding that the fund would initially focus on bitcoin development teams in Africa and India. He said three board members were being sought, adding a link to an online application that stated the mission is to "make bitcoin the internet's currency." Launched in 2009, bitcoin has been on a meteoric rise since March, when it stood at $5,000, spurred by online payments giant PayPal saying it would allow account holders to use cryptocurrency. Tesla this week announced a $1.5 billion investment in the digital money and plans to accept the cryptocurrency from customers buying its electric vehicles. The announcement came on the heels of a cheeky social media embrace of bitcoin by Tesla CEO Elon Musk, who temporarily changed his Twitter bio to simply read "#bitcoin." On Friday, Canada's main securities regulator cleared the launch of the world's first exchange-traded bitcoin fund, giving retail investors greater access to the booming cryptocurrency. Skeptics say bitcoin is highly volatile and regulators warn it is vulnerable to illicit use. Bitcoin on Friday touched a new high of $48,930 after MasterCard and US bank BNY Mellon moved to make it easier for people to use the cryptocurrency. gc/acb
schema:headline
  • Twitter chief Dorsey teams with Jay-Z to back bitcoin
schema:mentions
schema:author
schema:datePublished
http://data.cimple...sPoliticalLeaning
http://data.cimple...logy#hasSentiment
http://data.cimple...readability_score
http://data.cimple...tology#hasEmotion
Faceted Search & Find service v1.16.115 as of Oct 09 2023


Alternative Linked Data Documents: ODE     Content Formats:   [cxml] [csv]     RDF   [text] [turtle] [ld+json] [rdf+json] [rdf+xml]     ODATA   [atom+xml] [odata+json]     Microdata   [microdata+json] [html]    About   
This material is Open Knowledge   W3C Semantic Web Technology [RDF Data] Valid XHTML + RDFa
OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 3 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software