Thu, July 17

New York-Based Nightclub Collaborates With Coinbase to Start Accepting Crypto

The company is working with Moonwalk to bring NFTs to market. The option allows customers to pay with cryptocurrency exactly as fiat. A New York City nightclub, “Somewhere Nowhere,” is to begin taking cryptocurrency payments for its services in light of the growing popularity of Bitcoin and other cryptocurrencies, according

March 11, 2022 1 min read

Address Containing 489 Bitcoin (BTC) Finally Activated After 11.4 Years

The inactive address had 486.091 BTC worth $50 in 2010. Bitcoin has dropped below $40K to below $38.8K. It has recently been discovered that a Bitcoin address that has been idle for 11.4 years has been reactivated, according to Whale Alert, which tracks huge cryptocurrency transfers from wallets to exchanges.

March 10, 2022 1 min read

New Study Reveals Effects of Crypto Hack on Bitcoin Price and Volatility

After a hacking incident, Bitcoin’s volatility spiked on the sixth day. A group from Finland’s University of Vaasa is looking into the influence. There has been an increase in cryptocurrency theft and fraud. Two people were detained last month for allegedly stealing crypto. Bitfinex’s platform had 4.5 billion dollars worth

March 10, 2022 2 mins read

US Siblings Charged With $124M Crypto Fraud

At least 12 thousand “retail investors out of more than $124 million” were allegedly defrauded by John Albert Loar Barksdale and his sister JonAtina (Tina) Barksdale, according to the Securities and Exchange Commission (SEC) on March 8. The Department of Justice (DOJ) arrested John and charged him with wire fraud,

March 9, 2022 1 min read

Russia Might Adopt Crypto to Avoid Sanctions Worries West

Sam Bankman-Fried stated that his organization is alert for any suspected usage. More than 17 million Russians have invested in cryptocurrencies. As a result of Russia’s invasion of Ukraine, the U.S., Europe, and Japan are all discussing new steps to prevent Russia from using cryptocurrency as a way to avoid

March 7, 2022 1 min read

Binance and Coinbase CEO’s Shed Light on Russia Adopting Crypto

Several governments are taking steps to prevent Russia from utilizing crypto. According to a study, the use of crypto weakens the effectiveness of U.S. sanctions. Neither Binance nor Coinbase, two of the largest cryptocurrency exchanges, think that crypto can be used to assist Russia to avoid Western sanctions. There have

March 7, 2022 2 mins read

Major Coins Fumble Along With FTM, YFI and Other DeFi Projects

Andre Cronje has erased any references to DeFi projects on LinkedIn. At $2,514.25, Ethereum (ETH) fell 5.59 percent in the last 24 hours. It has been announced that decentralized finance (DeFi) project creator Andre Cronje would stop working on them and plans to quit the crypto sector. Due to this

March 7, 2022 1 min read

Bitcoin Miners in Malaysia Adopt Power Stealing to Fuel Mining Process

Several governmental institutions are collaborating with Tenaga to catch illicit miners. Experts also recommend smart meters and meter data management systems. The power utility company in Malaysia is suggesting new ways to combat the issue of escalating energy theft cases for Bitcoin mining in the nation. Bloomberg reports that Tenaga

March 6, 2022 1 min read

World’s Most Popular Payment Providers Cease Operations in Russia

This has sparked speculation that Russians may use crypto to do business.  Russians, in general, are the ones most likely to switch to crypto. PayPal has announced that it will no longer be operating in Russia. The corporation chose this position to protest “Russia’s violent military aggression in Ukraine,” says

March 6, 2022 2 mins read

Grayscale Bitcoin Trust Plans to Become ETF Amid Negative Performance

Over 450,000 GBTC shares were purchased in November 2021. The GBTC trust drew investors in at this time of back-to-back shocks to global markets. Data from Glassnode suggests that institutional investors are returning to acquire Grayscale Bitcoin Trust (GBTC) shares as the discount to the current price has increased to

March 6, 2022 1 min read
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