The Crypto News Round-up: December 23, 2021

MicroStrategy Considers Lending or Putting Mortgage Against its Bitcoin Holdings

The CEO of Microstrategy, Michael Saylor, mentioned in the company’s investor day with shareholders that they could loan some of their Bitcoin holding to a trusted counterparty. This would be a step for a partnership with a bank or a big tech company. Saylor thinks this is a privilege and a “good source of income”. Read more

El Salvador Buying 21 Bitcoins. What Does it Mean?

To mark the 21st day of the last month of the 21st year of the 21st century, El Salvador bought another 21 bitcoins. One of President Bukele’s tweets highlighted their country’s land area of 21,000 square kilometers. The number 21 is something that they have purchased 21 bitcoins, with a screenshot of the transactions totaling just over $1 million saying “got the receipt”. Read more

Jackson, Tennessee To be The First US City to Pay Bitcoin on Its City Employees

City of Jackson, TN, United States is now becoming the first city to add Bitcoin as a payroll conversion option for the city’s employees. The City Mayor Scott Conger has been insisting on this initiative and now has a motion to make this happen. This step will more diversify the modes of payment for city employees. Read more

The Largest Telecom Company In Europe Becomes a Node Validator and Buys Polkadot

The biggest telecom company in Europe, Deutsche Telekom AG, is seeing the potential of Polkadot, an interoperable framework of blockchains. As support to Polkadot, the company has also bought a significant amount of DOT. In addition, one of its subsidiaries — T-Systems Multimedia Solutions (MMS), will soon be a Polkadot validator. Read more