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

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

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

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.

Christie's @ChristiesInc

#AuctionUpdate 9 rare CryptoPunks from Larva Labs' own collection makes history realizing $16,962,500

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.

jack⚡️ @jack

@kitt_andrew @compass_mining I’m trying mining with @compass_mining too…

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.

CryptoPunk 7610