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Billion dollar pizza? Bitcoin soars on key anniversary of crypto's growth

  • By ALAN SUDERMAN - AP Business Writer
  • Updated

It’s not an official holiday – yet – but for many cryptocurrency enthusiasts “Bitcoin Pizza Day” is still special. Thursday marks the 15th anniversary of the first known use of cryptocurrency to buy real-world goods. The 10,000 bitcoin that software developer Laszlo Hanyecz paid for two Papa John’s pizzas delivered to his Florida home on May 22, 2010, were worth about $41 at the time. Today they’re worth $1.1 billion, as bitcoin hits record high prices. Several cryptocurrency companies are announcing promotions and other celebrations to mark Bitcoin Pizza Day..

Cryptocurrency scam costing Springfield residents $200,000 a day
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Cryptocurrency scam costing Springfield residents $200,000 a day

  • Carlee Bronkema
  • Updated

Last month, a 91-year-old woman attempted to deposit $30,000 into a bitcoin ATM at King City Wireless in Springfield, Illinois, before being stopped by employees. Financial Crimes Detective Jennifer Wallace warns that such scams are increasingly common, with victims losing up to $50,000, and advises people to be cautious of calls instructing them to move money to bitcoin ATMs, suggesting direct contact with banks or local police in case of suspicion.