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Norwegian Oil Billionaire Says BTC Could Be Worth Millions of Dollars Each — Puts Liquid Company Assets in Bitcoin
9.3.2021
Billionaire Kjell Inge Rokke’s company, Aker, has established a new business dedicated to bitcoin. Rokke believes that bitcoin could “become the core of a new monetary architecture” and each coin could be “worth millions of dollars.” His new company “will keep...
Biden’s $2 Trillion Relief Package the Largest Stimulus Payments to-Date, Plan Showers Money on the Bureaucracy
8.3.2021
On Saturday, politicians in the U.S. approved the massive $1.9 trillion Covid-19 relief package dubbed President Biden’s “American Rescue Plan.” The stimulus plan will see American citizens earning $75k or less eligible to receive $1,400. Moreover, households will get...
Consider These Legal Questions Before Spending Millions on NFTs
5.3.2021
Nelson M. Rosario is an attorney at Smolinski Rosario Law, a US-based law firm, specializing in contract and intellectual property law.
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There are lots of intellectual property (IP) issues that are raised by non-fungible tokens (NFTs). Let's dive in to cover a few.
The main IP issues raised...
Blockchain Losers Are Spending Millions On What Are Basically Useless Loot Boxes
4.3.2021
While gamers rail against loot boxes and governments around the world edge ever closer to regulating them, connoisseurs of blockchain bullshit are falling over themselves trying to buy digital highlights of basketball players from a platform called “NBA Top Shot”, in effect spending their money...
Millions of F1 Fans To Meet Crypto.com As Per The Partnership With Aston Martin
3.3.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
Ahead of its 2021 Formula One car launch tomorrow, Aston Martin Cognizant Formula One™ Team has announced a global partnership with leading cryptocurrency platform, Crypto.com.
Aston Martin Cognizant...
Millions of F1 Fans To Meet Crypto.com As They Partner With Aston Martin
2.3.2021
Hong Kong-headquartered crypto platform Crypto.com has signed a multi-year deal to sponsor Aston Martin Cognizant Formula One Team, becoming its Official Global Partner - to "work together" on crypto-related products connected to payment systems and non-fungible tokens (NFTs).
Neither...
Report: Stadia Blew Millions On Red Dead Redemption 2 And Other Ports
26.2.2021
Just how badly did Google’s Stadia video game streaming service flop when it launched back in 2019? According to a new report by Bloomberg, it underperformed its sales target by hundreds of thousands of users, despite spending “tens of millions of dollars” secure ports of big blockbuster games.Read...
Kraken Valuation, Millions Of Crypto Robinhoods, 1inch Bridge + More News
26.2.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Exchanges news
Kraken is in talks to raise new funding that would see its valuation more than double, to more than USD 10bn, reported Bloomberg...
Crypto Users Claim Popular Bitcoin Paper Wallet Generator Is Compromised, Millions Allegedly Stolen
25.2.2021
A number of forum posts and tweets say that the website bitcoinpaperwallet.com is compromised and people have said they have lost bitcoin using the paper wallet generator. Three years ago the website domain changed ownership and ever since then losses have been reported on Reddit forums...
As Millions Drown in Today’s Poverty Trap, Macro Strategist Raoul Pal Says ‘Bitcoin Is a Life Raft’
18.2.2021
Global Macro Investor CEO, Raoul Pal, discussed the current economy this week and asked his 394,000 followers if people are using the wrong denominator when it comes to certain economic factors. One thing’s for certain, wages have not increased, no matter the common denominator people use...
Jed McCaleb Sells $22 Million Worth of XRP, Ripple Cofounder’s Stash Could Run Dry by May
14.2.2021
During the last few weeks, the former Ripple executive Jed McCaleb has reportedly been selling millions of XRP tokens and every sale has been monitored by the public. On Sunday, McCaleb dumped another 38 million XRP worth $22 million after selling 95 million XRP last week worth $56 million today....
Paxful Celebrates the Real Reasons People Use Bitcoin Everyday With #BitcoinForAll Giveaway
8.2.2021
Paxful, one of the largest peer-to-peer cryptocurrency marketplaces in the world, is celebrating the real reasons people use bitcoin everyday with a special $15,000 giveaway. The platform helps millions to have access to payments, e-commerce, remittances, wealth preservation and philanthropy with...
Crypto escrow agent dodges jail after lying over stolen millions
5.2.2021
A crypto escrow agent has avoided prison time despite lying about losing $3.25 million, with the judge noting the agent had been the victim of fraud himself
Ultimate Epic Battle Simulator 2 Will Put "Millions" Of Characters On The Screen
1.2.2021
Ultimate Epic Battle Simulator could do some very cool things with thousands of soldiers/ducks/zombies on the battlefield at once, but its upcoming sequel of course has only one place it can go to push the envelope.Read more
Traditional Lenders Extended Millions in Loans to the Crypto Space Through Genesis in Q4
26.1.2021
The average loan size for a first time lender on the platform is $3.2 million, Genesis said
Dollar-Cost Averaging Crypto Profits: Low-Risk Bitcoin Investing Without All the Stress
17.1.2021
Bitcoin prices and a number of other digital assets have grown significantly in value during the last decade. Some people have made millions and even billions throwing down everything they have during the cryptocurrency’s earliest days of price discovery. However, there’s another method...
This Bitcoin Ransomware Rakes in $150 Million in BTC
10.1.2021
A new report by two cybersecurity firms has revealed that one ransomware family is particularly successful, raking in over $150 million in bitcoin. The ransom payments “sometimes amount to millions of dollars and typically run in the hundreds of thousands range.” Ransomware Makes $150...
Finland Pushes to Sell Tainted Trove of Bitcoins Worth Tens of Millions
7.1.2021
Finland's customs agency plans to sell nearly 2,000 bitcoins agents seized in drug raids
Attackers Drain Millions From Cover Protocol, Token Holders Attack Compensation Plan
30.12.2020
Decentralized finance insurance project Cover protocol briefly suffered losses when an unknown attacker minted over 40 quintillion Cover tokens. However, after successfully cashing out tokens worth about $5 million, the attacker unexpectedly returned ether tokens valued at about $3.2 million before...
Crypto Exchange Bitgrail Founder Accused by Italian Police of Faking Hacks That Led to Company’s Bankruptcy
23.12.2020
Italian police accused a man who ran a cryptocurrency exchange of being responsible for a series of hacks that caused millions in losses as part of an alleged massive fraud scheme. Italian Authorities Accuse Bitgrail Owner of Faking Hacks That Led Exchange’s Bankruptcy According to Reuters...