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Amazon Denies Report It Plans to Accept Bitcoin by End of Year

Amazon has denied the City A.M. report it plans to accept bitcoin payments by the end of the year. While many cited the report as one reason for bitcoin's rebound, the price began retracing some of its gains after a spokesperson for the retail giant confirmed it is false. "The Hash" panel examines the speculative and reactionary nature of bitcoin, discussing Amazon's potential hurdles on the path to crypto adoption.

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Finance

Amazon: No, We Have No Plans to Accept Bitcoin Payments

"The speculation that has ensued around our specific plans for cryptocurrencies is not true," a spokesperson said.

Amazon founder Jeff Bezos may have been to outer space, but don't count on Amazon to send bitcoin to the moon.

Videos

Bitcoin Rallies on Amazon’s Rumored Digital Currency Adoption

Bitcoin rebounded above $39K Sunday. Some suggest the spike could be attributed to an unconfirmed report Amazon is looking to accept bitcoin payments by year’s end and is considering minting its own token by 2022. “The Hash” hosts discuss the legitimacy of the report and its potential impact on the crypto markets.

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Markets

Bitcoin Breaks Back Above $39K in Largest Single Daily Gain in 6 Weeks

Sunday's price rise follows an unconfirmed report Amazon is looking to accept bitcoin payments by year's end.

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Videos

Bitcoin Holds Above $32K as Sentiment Improves

Cryptocurrencies are mostly higher on Friday as bullish sentiment returns into the weekend, with bitcoin trading around $32K at press time.

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Finance

Amazon Is Looking to Hire a Digital Currency Lead

The successful candidate will have expertise in cryptocurrency and central bank digital currencies, according to the job posting.

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Videos

Why Tech Giants Are Racing to Buy Up Renewable Energy

Amazon and other tech giants are accelerating the race to buy up renewable energy, according to a Wall Street Journal report. "The Hash" hosts discuss the race to reduce emissions and why it matters for the crypto world.

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Videos

Amazon Looks to Hire Blockchain Staffers With DeFi Experience

Amazon is searching for staff with experience in decentralized finance (DeFi), as outlined by a new job posting for Blockchain Head of Product. Is Amazon beginning to consider itself as a mainstream gateway to DeFi protocols? “The Hash” team weighs in on what’s in the cards for the tech giant.

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Finance

Amazon Looks to Hire Blockchain Staffers With Experience of DeFi

“Experience in Decentralized Finance a plus,” the ad says.

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