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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...
Ex-Faze Clan Member Says He's Paying Back Scammed Fans
14.8.2021
In June, members of popular gaming group FaZe Clan found themselves in hot water due to their involvement with an apparent pump and dump scheme involving a charity-based cryptocurrency known as SaveTheKids. This led FaZe to suspend several members and boot one, a content creator known as Kay,...
South African Expert Says Tax-Dodging Crypto Traders Face Heightened Jail Threat
13.8.2021
A South African tax expert, Thomas Lobban, has warned non-tax paying crypto traders that they now face possible jail time if the South African Revenue Services (SARS) decides to lay tax offense charges against them. He adds that this threat of jail time similarly applies to South African crypto...
BitMEX Wants to Expand Capacities After Paying USD 100M to US Regulators
11.8.2021
Major crypto derivatives platform BitMEX has seen a resolution of its row with the US regulators, which its CEO said “will only accelerate [their] evolution.” However, with criminal charges still hanging over its founders, BitMEX will need to have independent consultants investigate its transaction...
Digital Transformation Law Draft Would Allow Users to Pay Mortgages With Crypto in Spain
2.8.2021
A new proposal of a digital transformation law, written by a group of lawmakers in Spain would introduce the possibility of paying mortgages with cryptocurrency. The law draft also gives different incentives for companies and organizations using and developing solutions using these technologies...
Mastercard Enhancing Program for Cryptocurrency Wallets and Exchanges
21.7.2021
Payments giant Mastercard has announced that its crypto card program is being enhanced for cryptocurrency wallets and exchanges. The company said, “Making the process simpler will allow more banks and crypto partners the opportunity to offer their consumers the choice of paying with...
Binance in the crosshairs: Are regulators paying attention to crypto?
9.7.2021
Binance has become a target for regulatory action across the globe, but is it the exchange being targeted or the crypto ecosystem in general?
Major Auction House Christie’s Accepts Bitcoin for Painting Worth Estimated $6 Million
26.6.2021
British auction house Christie’s will accept bitcoin and ether for a painting worth an estimated $6 million. The digital wallet used to pay for the painting must be held at one of the approved custodians, such as Coinbase, Fidelity, Gemini, or Paxos. Paying for Paintings With Bitcoin...
Activision Shareholders Vote To Keep Paying CEO Bobby Kotick A Ton Of Money
21.6.2021
Long-time Activision Blizzard CEO Bobby Kotick eked out another lucrative victory today at the company’s annual shareholder meeting with a narrow vote of 54% in favor of maintaining his generous salary and millions in annual bonuses. The win comes after a year-long campaign by CtW Investor Group...
El Salvador reportedly weighing paying employees in Bitcoin
15.6.2021
A 2001 law on monetary integration in the country states that salaries and fees may only be paid in colónes or dollars
RemiBit: The One-Stop Crypto Solution for Merchants Is Available Now
25.5.2021
The payment industry has gone through a revolution in the last few years. Among its most evident examples are international commerce and remote work. Blockchain and cryptocurrency have transformed online transactions by ensuring true ownership, security, speed, accessibility, and inclusivity....
'Cash, candy or Bitcoin': Paying minors in 2021
17.5.2021
"We want our kids to be able to think independently about money," said Eddie Yoon
South Korea to Impose a 20% Tax on Crypto Mining Activities
8.5.2021
The cryptocurrency industry in South Korea keeps facing regulatory challenges, and it seems that dust is far from settling. Now, crypto miners will be required to pay taxes, following the same path as digital assets traders. Ruling to Take Place Starting 2022 According to a report published...
Tax Authority Seizes Cryptocurrencies Worth $25 Million From Hundreds of Crypto Investors in South Korea
24.4.2021
The tax department of the Seoul metropolitan government in South Korea has reportedly seized cryptocurrencies worth about $25 million from hundreds of crypto investors with delinquent taxes. The cryptocurrencies, including bitcoin, were seized from three exchanges. The tax authority is now going...
The Deno Company
2.4.2021
I’m sure a lot of you are paying attention to Deno anyway, the next-gen JavaScript-on-the-sever project from Node creator Ryan Dahl, especially after dropping all these candid regrets about what happened in Node. But perhaps your paying more attention now …
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The Power of ETH and BCH: Smart Bitcoin Cash Project Highlights Innovative Sidechain
2.4.2021
On Thursday, Bitcoin Cash proponents were introduced to a new website that features a project called Smart Bitcoin Cash or Smartbch for short. Essentially, the project is a sidechain for Bitcoin Cash that is compatible with Ethereum’s EVM and Web3 API, which means people will soon be able...
Deliver Enhanced Media Experiences With Google’s Core Web Vitals
30.3.2021
Hello! Satarupa Chatterjee from Cloudinary. There is a big change coming from Google in May 2021 having to do with their Core Web Vitals (CWVs). It’s worth paying attention here, as this is going to be a SEO factor.
I …
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Domestic and Foreign Buyers Acquired a ‘Tokenized’ Apartment in a Spanish City by Paying With Ethereum
26.3.2021
National and foreign buyers acquired a “tokenized” apartment in Spain with ethereum, which involved a domestic crypto exchange and a real estate investment firm. The city of Sevilla was the scenario for the crypto deal between the parties. Transaction Was Worth Over $64,000 According...
Florida man escapes paying a $4.5M SEC penalty over a crypto Ponzi scheme
25.3.2021
The founder of the Argyle Coin Ponzi scheme has escaped paying a $4.5 million penalty to the SEC for operating a “web of fraudulent companies.”
Justin Sun: Christie’s Tech Glitch Stopped Me Paying USD 70M for Beeple NFT
12.3.2021
Justin Sun. Source: a video screenshot, Youtube, Tron Foundation
The Tron (TRX) chief Justin Sun has spoken out after it was confirmed he was thwarted in the finals seconds during his attempt to buy the first piece of digital-only art to go under the hammer at the auction house...