Accounting firm PricewaterhouseCoopers said it accepted a payment in bitcoin for its advisory services, its first in a virtual currency. The announcement Thursday came at a hot time for cryptocurrencies, as bitcoin this week blasted through $11,000 for the first time. The rally has prompted questions over whether the currency is a true store of value that can be widely used in transactions, or merely a day trader’s plaything.

Source: Wall Street Journal November 30, 2017 10:16 UTC