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Bobby Kotick Takes Another Pay Cut, Waives Arbitration In Letter To Staff
28.10.2021
In the wake of all that’s been happening at Activision Blizzard, CEO Bobby Kotick is taking to meet his commitment to inclusiveness. Among them, waiving arbitration and having his salary cut once again.Read more
Wu-Tang Clan’s Unreleased Album Changes Hands From Martin Shkreli to an NFT Art Collective
27.10.2021
After fighting in court since 2015, the former hedge fund manager Martin Shkreli was sentenced to seven years in prison for conspiring to commit securities fraud and he was forced to pay $7.4 million in fines. One of Shkreli’s prized possessions, an unreleased Wu-Tang Clan album, was seized...
FTX Raises $420 Million in Series B-1 — Crypto Exchange Commands $25 Billion Valuation
22.10.2021
The digital currency exchange FTX Trading Limited announced the firm has raised more than $420 million in a Series B-1 fundraise. The capital raise follows the crypto exchange’s financing round at the end of July when FTX raised $900 million. After the raise was announced on October 21,...
Sony Patent Lets Viewers Vote and Pay to Boot Players From Games
20.10.2021
In 2020, Sony filed a patent for allowing livestream spectators and participants to remove players from a game. Yesterday, the United States Patent and Trademark Office approved the patent, which you can read in full here. Besides removing unskilled players, the system would allow spectators to...
ZoidPay Chrome Extension Lets Shoppers Buy with Crypto on Amazon, eBay and 40M+ Online Retailers
19.10.2021
PRESS RELEASE. The ZoidPay Chrome extension will allow users to spend their cryptocurrencies on products, pay subscriptions, and even book flights with 40+ million online retailers. October 19th, 2021, Bucharest, Romania — ZoidPay has announced the launch of its Chrome Extension, allowing...
Bitcoin Mining Operation Being Sued for Producing High Noise Levels in Tennessee
16.10.2021
A bitcoin mining operation in Tennessee is being sued by neighbors due to the high level of noise the facility produces. The lawsuit, which was filed in August, asks mining operator Red Dog to shut down operations and pay personal damages fees, as well as compensate owners for decreased property...
CFTC Fines Stablecoin Issuer Tether and Crypto Exchange Bitfinex $42.5 Million
15.10.2021
On Friday, October 15, 2021, the U.S. Commodity Futures Trading Commission (CFTC) announced that it had ordered the company Tether Holdings Limited and Ifinex Inc., the parent company of Bitfinex, to pay fines totaling $42.5 million. The CFTC accuses Tether of “making untrue or misleading...
You’ll Have To Pay More Than Double For Switch Online If You Want N64 Games
15.10.2021
In September, Nintendo announced that it would make N64 games available as part of its Nintendo Switch Online service. At the time, Nintendo withheld the pricing info, leading some to speculate about how steep it could be. Today, we get our answer. Nintendo Switch Online + Expansion Pack (official...
Moscow Not Planning to Ban Russians From Buying Crypto Abroad
13.10.2021
Russia is not going to follow China’s course and does not plan to ban its citizens from purchasing cryptocurrency on foreign exchanges, a high-ranking government official has indicated. Russians will not be able to pay with digital coins in their own country but are free to use crypto...
Local Stablecoin ‘Crackdown’ Builds a Case For Decentralized Money
11.10.2021
vernment in the North Jeolla Province city had announced a “crackdown to eradicate the illegal distribution of” the Iksan Dairom token. The blockchain-powered coin makes use of technology provided by the telecoms giant KT and its smartphone-based Good Pay ecosystem.Similar KT-led projects are
Bakkt crypto exchange partners with Google for payments
11.10.2021
Millions of retailers currently accept Google Pay as a form of payment, potentially giving Bakkt users the ability to pay in crypto at a variety of stores and online markets
Google to Help Digital Asset Platform Bakkt Introduce Crypto to Millions of Consumers
9.10.2021
Digital asset platform Bakkt has announced a partnership with Google “to introduce digital assets to millions of consumers.” With the partnership, Bakkt says consumers will benefit from the “expanded reach and access” to cryptocurrencies. Google Collaborates With Bakkt...
Bakkt Users Will be Able to Spend Bitcoin via Google Pay
8.10.2021
with-Google-to-Introduce-Digital-Assets-to-Millions-of-Consumers">said the company.Bakkt also said that they’ve chosen Google Cloud as a preferred cloud provider. That said, they plan to market their solutions that will be powered by Google Cloud to “leading retailers and merchants in the
El Salvador introduces fuel subsidy of $0.20 per liter to locals who pay in BTC
4.10.2021
El Salvador is looking to bolster adoption of its government-issued Chivo Bitcoin wallet by offering discounts on petrol purchases of $0.20 per liter to consumers who pay using BTC
Kyrgyzstan Raises Electricity Rates for Cryptocurrency Miners
3.10.2021
The government of Kyrgyzstan has recently revised its electricity tariffs for various groups of consumers. Authorities in Bishkek have raised the rates at which crypto mining businesses buy power citing the energy-intensive nature of the coin minting process. Crypto Miners in Kyrgyzstan to Pay More...
Twitch Announces Test Of ‘Pay-To-Win’ Promotion Feature
1.10.2021
Yesterday, Twitch announced it will test a new feature that allows streamers and their audiences to pay for heightened visibility. Currently, only a select number of accounts participating in Twitch’s research initiative have access to the feature. Despite this, streamers are, unsurprisingly,...
Verifone Enables Retailers to Accept Cryptocurrencies, Says Merchants’ Appetite for Crypto Payments ‘Has Exploded’
28.9.2021
Verifone, a global payment system provider with 35 million devices in 150 countries, is rolling out crypto payment support in the U.S. in partnership with Bitpay. Verifone’s platform processes more than $440 billion annually. The company says, “the appetite for crypto payments...
How to Prevent Crypto Theft - And Whom to Blame When It Does Happen
28.9.2021
https://cryptonews.com/tags/microsoft/">Microsoft, Expedia, Shopify, Etsy, Phillipp Plein, Whole Foods (owned by Amazon)
Kenyan Fintech Player: ‘Banking the Unbanked’ Is the Most Important Use Case for Digital Currencies in Africa
28.9.2021
The year 2020 may well go down as the year when blockchain technology and cryptocurrencies, in particular, gained mainstream recognition. The restrictions on movement, as well as the widespread fear of catching a virus, forced many to look for alternative ways of making payments or sending...
Crypto in Chaos, but Blockchain-powered Pay and Stablecoins Thrive in S Korea
27.9.2021
based pay and fiat KRW-pegged stablecoins.The Korea Minting and Security Printing Corporation (KOMSCO) is a firm that until relatively recently made its money from cash: the company prints banknotes and mints coins for the treasury.But in recent years, it has moved away from paper and