Thu, September 24

Dubai Royal Family Joins With CoinCorner Platform

The recent partnership will promote Bitcoin transactions across the UAE. CoinCorner will be able to expand its activities throughout the Middle East. CoinCorner, a UK-based Bitcoin and Lightning Network services, has recently partnered with Seed Group, a company run by the royal family of Dubai, to speed up Bitcoin transactions

September 21, 2022 2 mins read

Nasdaq Reportedly Forays Into Crypto Custody Services

It has reported that Nasdaq Inc., the second biggest stock exchange, is looking to begin offering cryptocurrency custody services. The effort to join the crypto custody business is reportedly waiting on regulatory permission at this time. As part of its expansion, Nasdaq is forming a new company called Nasdaq Digital

September 20, 2022 2 mins read

MicroStrategy Adds 301 Bitcoin (BTC) Worth Around $6 Million

Michael Saylor, founder of MicroStrategy, recently tweeted about buying 301 Bitcoin. As of September 19th, 2022, the company has 130,000 bitcoin in storage. The recent drop of Bitcoin (BTC) to a low of $19K has been devastating for many people. But it seemed like the bear market was good for

September 20, 2022 1 min read

U.S DOJ Sentences Promoter of Bitconnect to 38 Months in Prison

On Friday, the U.S. Department of Justice (DOJ) said that a Los Angeles man had been given “38­ months in prison for his participation in Bitconnect.” Justice Department officials called Bitconnect a “massive fraudulent cryptocurrency investment scheme.” Typical Ponzi Scheme According to court records, 44-year-old Glenn Arcaro plotted with others

September 20, 2022 1 min read

Bitcoin (BTC) Mining Firm Bitfarms Expands to Argentina

This boosts the company’s computational capacity to 4.1 ExaHashPerSecond. In October of 2021, development started on the Bitcoin mining facility in Argentina. Bitfarms, a Bitcoin (BTC) mining firm located in Canada, has opened up operations in Argentina. Argentina is the company’s tenth Bitcoin mining facility overall. This boosts the company’s

September 19, 2022 2 mins read

Samsung, Most Active Investor in Blockchain and Crypto Sector

Blockdata, a research organization, analyzed the investments made by major firms in blockchain and cryptocurrency startups between September 2021 and mid-June 2022, and found that South Korean electronics giant Samsung was the most active, having invested in 13 companies during that time period. The second most active investor is United

September 19, 2022 1 min read

Russian Prime Minister Keen on Planned Crypto Adoption

The Russian government has entrusted the Central Bank and the Ministry of Finance. Vladimir Putin emphasized Russia’s potential as a currency minting destination. To help shape the future of the digital financial asset (DFA) market in the Russian Federation, Prime Minister Mikhail Mishustin has instructed the Ministry of Finance to

September 19, 2022 2 mins read

Dubai’s 5-Star Hotel Palazzo Versace Now Accepts Crypto

Palazzo Versace Dubai, a five-star hotel in Dubai, now accepts cryptocurrency payments for rooms, meals, and spa services. Payments made by Bitcoin, Ethereum, or Binance Coin (BNB) from guests will be handled via the Binance platform. Moreover, the 146-room, ultra-luxury resort in Jaddaf Waterfront announced in a press release that

September 19, 2022 2 mins read

Vietnam Once Again on Top in Adoption of Digital Assets

Vietnam was given a perfect score of 100 after applying ranking methodology. 21 percent of Vietnamese consumers have used or owned digital assets at some time. Adoption of digital assets has slowed in the previous 12 months owing to the crypto winter, according to Chainalysis‘ new research, “The 2022 Global

September 18, 2022 1 min read

U.S DOJ Establishes Network of Attorneys For Crypto Crimes

Digital Asset Coordinators Network is the name chosen for the new group. The first head of the DOJ’s national cryptocurrency enforcement unit is Eun Young Choi. The US DOJ has assembled a team of attorneys to handle cases involving crypto-related offences. The Department of Justice (DOJ) reportedly sent in around

September 18, 2022 1 min read