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Bitcoinization of El Salvador: JPMorgan Sees No ‘Tangible Economic Benefits’ of Bitcoin as Legal Tender
13.7.2021
JPMorgan has offered its view on the bitcoinization of El Salvador, the country which recently made bitcoin legal tender alongside the U.S. dollar. JPMorgan says, “It is difficult to see any tangible economic benefits associated with adopting bitcoin as a second form of legal tender.”...
Blockchain ‘Immutability’ Dispute Sparked by Ethereum Request for Reorg Contract
12.7.2021
Just recently, a software developer and “Solidity nerd” called Bunny Girl has sparked heated conversations within the cryptocurrency community over a smart contract that reveals a process called a “Request For Reorg contract (RFR).” On Twitter, Bunny Girl explained that...
Darknet Update: Hydra Reigns, Monero Acceptance Climbs, Russian State Collusion Questioned
11.7.2021
At the end of 2020, darknet markets (DNM) set new records as marketplaces like White House and the Russian-language DNM Hydra led the pack. A report published on May 25, shows Hydra saw a 624% year-over-year growth rate in three years, and researchers estimate roughly 75% of illicit...
Get Paid for Excrement: This Eco-Friendly Toilet Pays You in Digital Currency
11.7.2021
An eco-friendly toilet that pays people in digital currency for using it has been installed at a university in South Korea. The toilet is connected to a laboratory that uses excrement to produce biogas, which is used as a source of energy at the university. Get Paid in Digital Currency to Use...
Man Who Accidentally Threw Away 7,500 Bitcoins on Hard Drive Has New Plan to Retrieve His BTC
10.7.2021
The British man who accidentally threw away a computer with 7,500 bitcoins on its hard drive has come up with a new plan to retrieve his lost coins from the city landfill. “We estimate there are between 300,000 – 400,000 tons of waste to look through,” he said. Man on Mission...
Apple Cofounder Steve Wozniak Says Bitcoin Is a ‘Mathematical Miracle’
10.7.2021
Presenting at the Talent Land Jalisco 2021, Apple cofounder Steve Wozniak called bitcoin an “amazing mathematical miracle.” Wozniak said he’s not a bitcoin investor per se, but “believes in it for the future.” Steve Wozniak Is Not Necessarily Invested but Still...
Anthony Hopkins’ New Thriller ‘Zero Contact’ to Premiere on NFT Platform
8.7.2021
Award-winning movie star Anthony Hopkins’ new film called Zero Contact is set to launch on a new non-fungible token (NFT) platform this summer. The feature-length movie was produced entirely virtually during the 2020 global pandemic. Anthony Hopkins Stars in Movie Launching as NFT A...
Russia’s Famous Hermitage Museum Aims to Raise Funds With NFTs
4.7.2021
The Hermitage Museum in Saint Petersburg is considering issuing NFTs for works of art from its rich collection and is holding talks with Binance on the matter. The museum’s management expects the tokens to bring extra funding, provided Russian authorities exempt NFTs from current digital...
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...
Financial Advisor Survey: 26% Plan to Recommend Cryptocurrencies Over Next 12 Months
1.7.2021
A recent survey of financial advisors and their investing strategies shows “a significant shift to embracing cryptocurrencies.” More than 26% indicated that they plan to increase their recommendation of cryptocurrencies over the next 12 months. Furthermore, 49% of advisers said that...
There Are Now Twice as Many 2021 ‘Bitcoin Deaths’ Compared to 2020’s BTC Obituaries List
30.6.2021
Bitcoin is down in value 45% since the crypto asset’s all-time high (ATH) three months ago and the downward movement has ignited significant speculation about another bear market. Other skeptics believe that bitcoin has died, as the web page that hosts bitcoin obituaries indicates 2021...
Mexico’s Third Richest Man Recommends Bitcoin, His Bank Is Working to Accept BTC, Says Fiat Money Is a Fraud
28.6.2021
Ricardo Salinas Pliego, Mexico’s third-richest man and founder of Grupo Salinas, sees bitcoin as an asset with extraordinary properties, describing the cryptocurrency as “gold for the modern world.” He recommends bitcoin, thinks that fiat money is a fraud and the idea of the U.S....
John McAfee’s Hideout Was a Secret Bitcoin Mining Farm
28.6.2021
John McAfee was reportedly hiding out in a Spanish “ghost hotel” with a bitcoin mining farm in the basement prior to his arrest. Clues from images and messages the antivirus tycoon posted on social media point to a semi-abandoned hotel owned by a Russian. ‘Ghost Hotel’ With...
Tesla’s Elon Musk and Twitter’s Jack Dorsey Agree to Have ‘the Talk’ at Bitcoin Event ‘B Word’
27.6.2021
Tesla CEO Elon Musk and Twitter CEO Jack Dorsey have agreed to have “the talk” at the bitcoin event called “The B Word,” which aims to show institutional investors how they can embrace bitcoin. Elon Musk vs. Jack Dorsey at Bitcoin Event Tesla and Spacex CEO Elon Musk...
John McAfee’s Death Ignites ‘Dead Man’s Switch’ Theory — Widow Says He ‘Was Not Suicidal’
26.6.2021
At age 75, the former antivirus tycoon and cryptocurrency advocate, John McAfee, passed away by reported suicide. McAfee was a wild and charismatic man but prior to his death, he was facing tax-related charges and extradition to the United States. For the last few days, the internet has seen myriad...
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...
10,000 Financial Institutions Can Now Let Customers Buy, Sell, Hold Bitcoin Through Their Bank Accounts
25.6.2021
Banks and credit unions of all sizes can now facilitate the buying, selling, and holding of bitcoin within their banking platforms thanks to a collaboration between Finserv and New York Digital Investment Group (NYDIG). Finserv currently has about 10,000 financial institution clients. All Banks...
Upland Is Celebrating 1 Million NFT Properties Minted in the Metaverse
23.6.2021
Upland has just hit a major milestone in their platform, and for the NFT landscape as a whole. Being one of the world’s fastest growing digital metaverses, Upland’s users have recently minted the millionth NFT property on the platform. Not long after being featured on CBS/Paramount...
While Bitcoin Hits New Lows Gold Bug Peter Schiff Blasts the Top Crypto and Supporters
23.6.2021
The American economist, financial commentator, and gold bug Peter Schiff had a lot to say about bitcoin’s price sliding on Tuesday. Schiff has always claimed bitcoin’s value will one day drop to nothing. This week he insists bitcoin’s chart shows a head and shoulders top pattern...
Mad Money’s Jim Cramer Dumps His Bitcoin Over China Mining Crackdown and Ransomware Concerns
22.6.2021
Mad Money host Jim Cramer said he has sold almost all of his bitcoin. He cited the Chinese government’s crackdown on bitcoin mining and concerns over bitcoin’s role in ransomware attacks. Jim Cramer Worried About China’s Mining Crackdown and Ransomware, Sold Almost All His Bitcoin...