On a sun-splashed day in the Swiss Alps, the chief technology officer of Bitfinex and Tether, Paolo Ardoino, shed light on the Plan B Lugano strategy, Tether as an onramp into Bitcoin (BTC) and —crucially — his favorite pizza toppings. Fresh off the plane from Norway, where Ardoino attended an increasingly Bitcoiner-friendly event, the Oslo Freedom Forum, the Italian explained that, in contrast to the WEF,there was no “shilling” in Norway. Tether was invited to speak at the Oslo Freedom Forum as the stablecoin is increasingly considered an “instrument of freedom.” Tether has been adopted by the Myanmar government while …

Happy Bitcoin Pizza Day! Before you dial for a Margherita to commemorate the world’s first real-world Bitcoin transaction, here’s a slice of trivia: What do a family holiday to Japan, a 50 Cent album, a steak dinner and a framed cat photo have in common? They were all paid for with Bitcoin (BTC) by members of the Cointelegraph Bitcoin community! And just like the Bitcoin pizzas that cost 10,000 BTC, which are now worth more than $300 million, the community’s Bitcoin purchases have also skyrocketed. Benjamin de Waal, the vice president of engineering at Bitcoin exchange Swan Bitcoin, told Cointelegraph, …

Pizza DAO, the decentralized blockchain project seeking to unite the global community of pizza fanatics with the technological potential of Web3, are celebrating Sunday's Bitcoin Pizza Day in authentic style. On Sunday, the project will host commemorative events at 100 pizzerias in over 75 countries around the world, including the United States, Argentina, South Korea, Ethiopia, Australia, Canada and the United Kingdom, and more. Alongside a nonfungible token (NFT) drop and charitable campaign, the events will attract a number of supporters including 13-time World Pizza Champion Tony Gemignani, Seth Green, Steve Aoki, the Dogecoin team, and comedians Cheech and Chong, …

“The Market Report” with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts discuss which decentralized autonomous organizations (DAOs) have the most potential in 2022. But first, market expert Marcel Pechman carefully examines the Bitcoin (BTC) and Ether (ETH) markets. Are the current market conditions bullish or bearish? What is the outlook for the next few months? Pechman is here to break it down. Next up, the main event. Join Cointelegraph analysts Benton Yaun, Jordan Finneseth and Sam Bourgi as they debate which DAO has the most potential. Will it be Bourgi’s pick of MonkeDAO, with its …

A franchisee of many Domino’s Pizza locations in the Netherlands announced today that its workers would have the choice of being paid in Bitcoin. According to Immensus Holding, the franchisee behind 16 Domino's Pizza locations out of the more than 270 in the Netherlands, its employees will be able to choose between being paid in euros or Bitcoin (BTC) for all salary above the country’s minimum wage. BTC Direct, a Netherlands-based crypto firm with a fiat-to-crypto onramp, will handle the payments for any of the company’s more than 1000 employees who choose to participate. "We are a modern company, and …

Just days before the anniversary of Bitcoin Pizza Day, Bitcoin proponent Anthony 'Pomp' Pompliano has launched a pizza company aimed at supporting small business and the Human Rights Foundation's Bitcoin Development Fund. In an announcement on Twitter today, Pomp said his Bitcoin Pizza brand would be launching in ten U.S. cities beginning on Saturday, May 22. The start date coincides with the 11th anniversary of the first successfully documented commercial transaction of cryptocurrency for two Papa John’s pizzas — an event now known as Bitcoin Pizza Day. However, while Laszlo Hanyecz’s purchase of those pies in 2010 cost him 10,000 …

Famous pizza chain Papa John’s has begun giving away cryptocurrency rewards for customers in the United Kingdom. According to the online offers of Papa John’s in theU.K., pizza lovers can receive 10 euro ($12) worth of Bitcoin (BTC) by spending 30 euro ($36) or more at select locations in the U.K. and Ireland. Users can claim the coins through cryptocurrency exchange Luno before Sunday. Though it was not specified why the BTC offer is available now, the franchise has a notable history with cryptocurrency. On May 22, 2010 — known as Bitcoin Pizza Day — Laszlo Hanyecz became the first …

A driver who held $5 in Bitcoin (BTC) as a tip for his pizza delivery services has reportedly resurfaced after seven years. According to a post from Redditor btcbible, the Bitcoiner ordered a pizza on Dec. 28, 2013 and gave the delivery driver two options for his tip: a $5 bill, or 0.0069 BTC on a paper wallet. The value was roughly the same at the time, given the price of the crypto asset was $774. However, the driver reportedly contacted btcbible this week for help on getting the funds into a hot wallet. With Bitcoin’s recent rise to a …

A famous U.S.-based pizza chain has begun accepting cryptocurrency payments in all its stores in Venezuela. According to a Nov. 27 tweet from crypto services firm CryptoBuyer, Pizza Hut stores in the South American nation now accept crypto as a form of payment for food and drinks. The move follows the crypto firm partnering with Mega Soft to drive adoption in Venezuela by facilitating crypto payments at more than 20,000 shops and businesses. “Pizza Hut nowadays cannot be detached from these technological advances and all those incorporating new approaches for daily necessities," said Richard ElKhouri, General Director for Venezuelan operations …

Most know Laszlo Hanyecz as the “Bitcoin pizza guy,” but this description ignores his role as an early Bitcoin developer. Hanyecz was the one to add MacOS support for the early Bitcoin (BTC) client, and he even invented GPU mining. Hanyecz got into Bitcoin in early 2010 and worked with Satoshi Nakamoto for about a year. Their work was mostly about fixing various bugs, then it became about Apple’s compatibility with Bitcoin: Satoshi Nakamoto didn’t own a Mac and didn’t know how to develop for the Apple operating system. “Bitcoin originally didn't work on Mac. So I ported it to …

Laszlo Hanyecz has cemented himself in the crypto community as the “Bitcoin pizza guy” for spending 10,000 BTC in 2010 to purchase two pizzas, widely acknowledged as the first commercial Bitcoin transaction. At today’s prices, that 10,000 BTC would be worth well over $80 million. Cointelegraph spoke to Hanyecz on the occasion of the tenth anniversary of Bitcoin Pizza Day. We learned that $80 million dollars is nothing — he actually spent a lot more on pizza than had been previously reported. Hanyecz estimates that he mined around 100,000 BTC total, and about half of it went to pizza. If …

Today marks the 10th anniversary of Bitcoin's first official commercial purchase. On May 22, 2010, programmer Laszlo Hanyecz completed the first documented commercial Bitcoin purchase, paying 10,000 for two Papa John's pizzas. Valued at $41 at the time, current market pricing today gives the purchase a $92.5 million price tag. One might logically wonder what happened to the 10,000 Bitcoin (BTC) used for the purchase of two pizzas. "Over the years the funds have moved across many addresses," Grant Blaisdell, co-founder and CMO of blockchain analytics company Coinfirm, told Cointelegraph in an email. Some BTC went to a now-defunct exchange, …