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Crypto: Visa buys a CryptoPunk, Twitter and Square CEO Jack Dorsey is mining bitcoin

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Crypto: Visa buys a CryptoPunk, Twitter and Square CEO Jack Dorsey is mining bitcoin

As bitcoin tops $50,000, hitting a more than 3-month high

Patricia Soares da Costa
Aug 24, 2021
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Crypto: Visa buys a CryptoPunk, Twitter and Square CEO Jack Dorsey is mining bitcoin

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Visa bought a CryptoPunk NFT for $150,000 in ether, believing NFTs mark a new chapter for digital commerce.

Twitter avatar for @VisaNews
VisaNews @VisaNews
Over the last 60 years, Visa has built a collection of historic commerce artifacts - from early paper credit cards to the zip-zap machine. Today, as we enter a new era of NFT-commerce, Visa welcomes CryptoPunk #7610 to our collection.
vi.saCryptoPunks: Details for Punk #7610CryptoPunks are 10,000 collectible characters on the Ethereum blockchain. These are the details for Punk #7610
10:00 AM ∙ Aug 23, 2021
27,567Likes8,916Retweets

CryptoPunk 7610 is one of 3840Female punks. A collection of nine rare CryptoPunks that were among the first 1,000 minted fetched almost $17 million in an auction at Christie's in May this year.

CryptoPunks are an assortment of 24x24 pixelated avatars, each considered to be rare NFT collectibles with own unique features and accessories. There are a total of 10,000 in existence and no two are exactly alike.

Twitter avatar for @ChristiesInc
Christie's @ChristiesInc
#AuctionUpdate 9 rare CryptoPunks from Larva Labs' own collection makes history realizing $16,962,500
Image
12:54 AM ∙ May 12, 2021
1,598Likes581Retweets

The cryptocurrency market is starting the week off strong as Bitcoin tops $50,000, hitting a more than 3-month high.

Jack Dorsey, CEO of Twitter and Square, is inspired by bitcoin as ‘It reminds me of the early internet’ and is mining bitcoin with @compass_mining.

Square, his digital payments company, put “skin in the game” with $170 million more in bitcoin buy earlier this year.

Twitter avatar for @jack
jack⚡️ @jack
@kitt_andrew @compass_mining I’m trying mining with @compass_mining too…
4:13 PM ∙ Aug 17, 2021
1,876Likes178Retweets
Twitter avatar for @LaserHodl
LaserHodl 🛰✨ @LaserHodl
#Bitcoin is like a vast public corridor of clear lockboxes with coin slots. Sats can be put in boxes regardless of who holds the keys and where they reside (online, offline, lost, stolen). Anyone can make or examine boxes, but there will only ever be 21M Bitcoin worth of sats.
Image
5:36 PM ∙ Aug 13, 2021
764Likes147Retweets

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Crypto: Visa buys a CryptoPunk, Twitter and Square CEO Jack Dorsey is mining bitcoin

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