Bitcoin, Crypto currency, Blockchain

Newsflash: Telecom giant AT&T Bitcoin & panic accepted due to NEO “Wal transaction”

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Newsflash: Telecom giant AT&T Bitcoin & panic accepted due to NEO “Wal transaction”

Home News Newsflash: Telecom giant AT&T accepts Bitcoin & panic due to NEO “Wal transaction”

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Marcus Misiak –
24.05.2019

Telecommunications giant AT&T now accepts Bitcoin (BTC) payments

The American telecommunications Gigangt AT&T now accepts Bitcoin payments! So AT&T is the first major telecommunications company in the United States, which accepts BTC as payment. Customers can pay with BTC online by going to MyAT&T and the Option for BitPay select, a platform that allows merchants to accept Bitcoin.

In a Statement, Kevin McDorman, Vice President of AT&T Communications Finance Business Operations, said:

We are always looking for ways to improve our services and expand. We have customers that use crypto-currency, and we are glad that we can offer you a opportunity to pay your bills with your preferred method.

The American multinational Communications company headquartered in Dallas, Texas, is one of the world’s largest telecommunications companies and the second largest provider of telecommunications services in the United States. According to our figures, over 400 million people in the United States and Mexico to take advantage of the access to the AT&T’s 4G LTE network. With about 260,000 employees worldwide, the company serves more than 200 countries around the world. Therefore, this message could be currencies, there was a further milestone for the adaptation and acceptance of Bitcoin and Crypto.

Panic because NEO “Wal transaction”

Yesterday, there was a greater confusion to a Wal-transaction in the case of NEO. As the Whale Ages on Twitter reported, was spotted by a transaction in the amount of 29.461.168 NEO (at a value of 326 million US dollars) – which represents almost half of all outstanding NEO.

Although the 29 million NEO were moved just four minutes later, again on the original account. Nevertheless, there was plenty of confusion to the transaction. A few hours later, the Team of the NEO Foundation, which owns half of the whole range of NEO published, a Declaration that the Transfer was routine and planned in advance.

23. May transferred to NF (NEO Fioundation) 5.538.832 new unlocked NEO on a new unlocked address. The rest of the 29.461.168 NEO were first sent to a change address, before they were transferred back to the locked address. This was done to distinguish the transactions for the reference of the community.

In the Statement, the NEO Foundation also pointed out how, in the future, the new NEO Coins should be used:

The NF would like to remind you that, as mentions in the white paper, the new unlocked NEO not on a stock are sold. These funds will be used for the construction of the NEO-Ecosystem and support the growth of the community. An article about the EcoBoost and how these funds will be used, will be published in the near future.

Featured Image: Rawpixel.com | Shutterstock

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