Bitcoin Rises After Amazon Job Posting Update

Share post:

A recent job opening posted by Amazon suggesting that the company may be accepting cryptocurrencies as a means of payment sent bitcoin and other cryptocurrencies surging with bitcoin up 12% in the last 24 hours.

Amazon’s job advertisement states that the company is looking for a “Digital Currency and Blockchain Product Lead who will be a member of the Payment Acceptance and Experience Team responsible for how Amazon’s customers pay on Amazon’s sites and through Amazon’s services around the globe.”

Amazon has denied reports about the company accepting bitcoin even with the job posting. The company issued a statement saying the reports are not true but indicated that they could delve into the world of cryptocurrencies.

If Amazon does accept cryptocurrency, it remains unclear whether the company will use an existing cryptocurrency or develop a new one.

For more information, read the original story in Arstechnica.

SUBSCRIBE NOW

Related articles

Mysterious AI chatbot emerges and vanishes, sparking speculation

A mysterious and extraordinarily powerful AI chatbot briefly appeared online, intriguing observers before being taken down just as...

Microsoft reveals critical security flaw affecting Android apps

Microsoft has identified a serious vulnerability in Android apps that could allow malicious software to hijack legitimate apps...

Counterfeit Cisco gear infiltrated US military bases, risking combat operations

A Florida resident has been sentenced to over six years in prison for orchestrating a counterfeit scheme involving...

Developer of “Unfollow Everything” sues Meta over control of social feeds

Ethan Zuckerman, an associate professor at the University of Massachusetts—Amherst, has filed a lawsuit against Meta, arguing that...

Become a member

New, Relevant Tech Stories. Our article selection is done by industry professionals. Our writers summarize them to give you the key takeaways