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Kidnappers Kill Venezuelan Citizen for Not Paying Ransom Requested in Bitcoin
14.8.2021
A Venezuelan merchant was kidnapped and killed after his family failed to gather a ransom that kidnappers explicitly asked to be paid in bitcoin. The perpetrators asked for a sum of 1.5 bitcoin to release the hostage, later lowering the ransom to 0.5 bitcoin. The family of the victim finally...
Argentine Lawmaker Presents Bill Enabling Workers to Receive Salary in Cryptocurrency
8.7.2021
A bill has been introduced in Argentina to allow workers to receive their salaries in cryptocurrency. He explained the idea is that workers “can strengthen their autonomy and conserve the purchasing power of their remuneration.” Argentina’s national deputy for the Mendoza...
Dutch Professional Football Club AZ ‘Confident’ About Bitcoin’s Future, Keeps BTC on Balance Sheet
2.7.2021
Dutch professional football club AZ has formed an exclusive partnership with a regulated cryptocurrency exchange platform, Bitcoin Meester. Part of the sponsorship amount is paid in bitcoin and AZ will leave the cryptocurrency on its balance sheet during the collaboration. The club says it is...
Basketball Players in Canada to Be Paid in Bitcoin
19.6.2021
CEBL, the Canadian men’s basketball league, will offer its professional basketball players the option to receive a portion of their salary in cryptocurrency. The new payment option has been enabled through a partnership with the Canadian cryptocurrency exchange Bitbuy. Bitbuy to Convert...
Every Fourth Australian Willing to Be Paid in Bitcoin, Poll Finds
29.5.2021
A new survey has established that one in four Australians would like to receive at least part of their salary in cryptocurrency. While the motives vary between the members of this diverse group, the results indicate that the Australian nation’s overall interest in decentralized digital money...
NFL Player for Kansas City Chiefs Sean Culkin to Convert 100% of Salary to Bitcoin
26.4.2021
An NFL player for the Kansas City Chiefs, Sean Culkin, will convert all of his salary to bitcoin. A proponent of the cryptocurrency, Culkin said, “I believe we are in the beginning stage of bitcoin’s shift away from being extremely speculative, to a legitimate asset class viewed as...
TIME Magazine Gets Into Bitcoin: Partners With Grayscale, Will Hold BTC on Balance Sheet
13.4.2021
TIME Magazine will be holding bitcoin on its balance sheet, the company’s president has confirmed. TIME is also partnering with Grayscale Investments to produce a video series on cryptocurrency and has agreed to be paid in bitcoin. TIME Magazine Will Hold Bitcoin on Balance Sheet TIME...
Microstrategy Will Now Pay Board of Directors in Bitcoin as Treasury Grows to Nearly 100K BTC
12.4.2021
Nasdaq-listed Microstrategy, which has amassed nearly 100K bitcoins in its treasury, has modified its compensation agreements for the board of directors. The company will now pay non-employee directors in bitcoin, citing its commitment to the cryptocurrency “given its ability to serve as...
NBA Team Sacramento Kings to Offer Players the Option of Getting Salary Paid in Bitcoin
7.4.2021
The Sacramento Kings, an American professional basketball team, will offer everyone in its organization the option of getting their salary paid in bitcoin. This includes all players, according to the NBA team’s chairman, Vivek Ranadivé. The Sacramento Kings to Offer Salaries in Bitcoin...
Argo Blockchain CEO becomes first publicly-traded company exec paid in Bitcoin
4.3.2021
The crypto miner CEO makes Bitcoin history by being the first exec of a publicly-traded company to take their full salary in Bitcoin
Paid in Bitcoin: NFL Offensive Tackle Russell Okung Considered the Highest Paid in the League
19.2.2021
At the end of December, the Carolina Panthers offensive lineman, Russell Okung told the public he would be getting half of his 13 million-dollar salary paid in bitcoin. Moreover, Okung made the decision at the right time, as the National Football League (NFL) just capped the league’s salaries...
Virginia tech firm offers staff option to get paid in Bitcoin, Ether
25.1.2021
The company will allow employees to defer a portion of their salary and receive it as part of a savings plan, denominated in either Bitcoin, Bitcoin Cash or Ether
Gemini exchange to launch credit card with 3% cashback rewards paid in Bitcoin
14.1.2021
Gemini Credit Card will allow users to earn rewards paid in Bitcoin and other cryptocurrencies
Pro Football Star Receives Half of His $13 Million Salary in Bitcoin
2.1.2021
Carolina Panthers offensive lineman Russell Okung said he has been paid in bitcoin after asking to be paid in the cryptocurrency for almost two years. The Panthers is reportedly diverting half of his $13 million salary to the Strike wallet, which converts the payment into bitcoin for Okung. Russell...
NFL player Russell Okung isn’t getting paid in Bitcoin; this is what he’s doing instead
30.12.2020
Various news outlets reported that a portion of Okung’s $13 million salary is being paid in BTC. It’s not true
Panthers’ Russell Okung Becomes First NFL Player to Be Paid in Bitcoin
29.12.2020
Okung’s $13 million salary is being split fifty-fifty between bitcoin and fiat by way of Zap’s Strike product