Search
Mark Cuban’s Crypto Wallet Hacked, $870,000 Lost
16.9.2023
Hackers have apparently compromised a wallet belonging to billionaire investor Mark Cuban, stealing a number of cryptocurrencies. The owner of the Dallas Mavericks NBA team, who confirmed the breach, has been able to transfer the remaining digital funds to U.S. crypto exchange Coinbase. Mark...
Can this Bitcoin fork rise to the level of Mark Cuban’s MATIC?
19.8.2023
Bitcoin Spark is stirring the cryptocurrency market as Polygon price prediction fronts it to reach the heights of MATIC. Given its potential, this prediction delves into the features that might propel the BTCS journey in the crypto landscape. MATIC market sentiments Polygon blockchain solution runs...
Bitcoin in Cuba: Why some Cubans are adopting BTC to escape ‘The Matrix’
16.6.2023
Private businesses in Cuba could be poised to benefit from the cryptocurrency revolution in one of the world’s harshest business environments
Report: 100,000 Cubans Are Using Cryptocurrencies to Bypass Financial Sanctions
3.5.2022
On May 2, 2022, a report stemming from the broadcast television and radio network the National Broadcasting Company (NBC), 100,000 Cubans are leveraging crypto assets. The report says increased crypto usage is due to the fact that Cubans cannot use certain payment vehicles due to the sanctions...
‘A Lazy Way to Showcase NFTs’ — Mark Cuban’s Lazy.com NFT Platform Integrates With Polygon
5.8.2021
On Thursday, the non-fungible token (NFT) platform and digital art gallery backed by Mark Cuban announced the project has integrated with Polygon. The platform allows anyone to showcase NFTs by leveraging a unique lazy URL to social media profiles, and the integration announcement highlights...
Cuba’s Central Bank Suspends US Dollar Deposits Nationwide – Officials Cite Embargo ‘Obstacles’
13.6.2021
The Republic of Cuba is suspending the use of U.S. dollars due to embargo restrictions with U.S. and foreign banks. The central bank of Cuba’s restrictions stems from the “obstacles that the U.S. embargo creates for the national bank system.” Cuba Bans USD Deposits, BCC Tells...
Cuban President Discusses Adopting Cryptocurrencies for the ‘Convenience’ of the National Economy
14.5.2021
Cuba has been actively discussing the possibility of adopting cryptocurrencies over the last few months during high-political summits. This time, the president of the Caribbean island discussed crypto assets once again during a virtual currencies topic on the summit agenda, talking about...
Billionaire Mark Cuban’s Million-Dollar Bet: BTC or ETH to Outpace the S&P 500 in 10 Years
1.5.2021
The American billionaire entrepreneur and television personality, Mark Cuban, has waged a bet with Creative Planning’s founder Peter Mallouk over the performance of cryptocurrencies versus the S&P 500. Cuban said on Twitter that the two should put $1 million into a stablecoin-based smart...
Communist Party of Cuba Suggests Including Cryptocurrencies as an Alternative to Deal With Economic Crisis
20.4.2021
When a country faces a severe economic crisis or living in a long-lasting political turmoil, cryptocurrencies are often discussed as an alternative to deal with the tough times. Although cryptos are not an unfamiliar issue in Cuba, the Communist Party of Cuba (PCC) has been recently showing...
Cubans Turn to Bitcoin, Ethereum and Dogecoin as US Sanctions Bite
3.12.2020
Another report has exposed how Cubans are sidestepping United States sanctions by using bitcoin (BTC) and altcoin remittance solutions – with conventional wire transfers all but impossible between USA-aligned nations and the communist state.
A report from Deutsche Welle’s Spanish-language service...
Western Union Ban Could Drive Cubans to Bitcoin As Deadline Looms
18.11.2020
Cubans are being pushed yet closer to bitcoin (BTC) and altcoins after the nation’s long-running spat with the United States took yet another conventional remittance casualty.
Per earlier reports in November, the Cuban government has closed all 400 Western Union offices in the country after...
Cubans Turn to Bitcoin Remittances with 25% Commission to Beat Blockade
27.10.2020
Desperate Cubans are going to extraordinary lengths to receive remittances from abroad to circumvent the country’s banking blockade, turning to bitcoin (BTC), middlemen who take commissions of up to 25% and bicycle deliveries as economic sanctions continue to bite.
These were the findings of...
Food and Cash Shortages Push Cubans Toward Permissionless Cryptocurrencies
5.7.2020
The Nation of Cuba is dealing with a national food crisis, as Venezuela has stopped offering aid to the small island nation. Moreover, the coronavirus outbreak has caused a shortage of cash couriers called “mules” and everyday items are becoming scarcer. Amid the crisis, a number...
McAfee’s Advice Seeing the Light – Cubans Using Crypto to Evade US Sanctions
17.9.2019
The United States has been the most dominant force in the world, both, economically and politically. The countries going against it have been confronted with strict sanctions, putting serious pressure on their currency and economy. Such countries usually have high inflation rates, and struggle...
Cubans Fall Back on Bitcoin and other Cryptos For Bypassing US Sanctions
13.9.2019
It is a widely known fact that Cuba has been stuck in an analogue phase to date. Thus, the likeliness for the country to become a crypto hub is extremely low. However, things seem to be changing now, thanks to the mobile internet connectivity that was rolled out almost around one year ago....
Cubans Are Turning to Bitcoin to Access Global Economy: Report
13.9.2019
Hemmed in by U.S. sanctions and government restrictions, Cubans are turning to Bitcoin to access the global economy