SHIBA Inu coin is up on Coinbase on Tuesday, as is Bitcoin after Square CEO Jack Dorsey uncovered the company is looking to get into crypto mining with that currency. Bitcoin’s value hit a six-month-high of $62,000 after the tweet, Business Insider reported. Both Bitcoin and Shiba Inu stay up on Tuesday, as per Coinbase. Plus, crypto costs saw a few changes after President Biden’s statement drawing attention to notice expected entanglements of the money, for example, ransomware and other cyber threats.
“If we do this, we’d follow our hardware wallet model: build in the open in collaboration with the community.”
“Square is considering building a bitcoin mining system based on custom silicon and open source for individuals and businesses worldwide,” CEO Dorsey said in a tweet on Friday.
The statement from Joe Biden read: “Cyber threats can affect every American, every business regardless of size, and every community. That’s why my administration is marshaling a whole-of-nation effort to confront cyber threats.”
- Bitcoin hits record high and Shiba Inu currency rises today after Braintrust crypto exchange gaffe
- Check all news and articles from the latest Business news updates.