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Mt. Gox Payouts Nearing, But Is the Market Ready for It?


Following recent news that creditors after the infamous collapse of the bitcoin (BTC) exchange Mt. Gox can finally look forward to some payouts, questions reemerged about whether the market can absorb potential selling from such a large distribution of coins.... Read More: Mt. Gox Payouts Nearing...

Mt. Gox Bitcoin Payouts On Horizon After Creditors Approve Plan


The light finally appears to be at the end of the tunnel for the Mt. Gox creditors, who have approved a plan that will let them choose to receive some of the coins they have been waiting years for. In a translated letter, Nobuaki Kobayashi, the Japanese lawyer and trustee for the now-defunct...

Mass Payments With NOWPayments: Easy, Fast and Truly Mass


PRESS RELEASE. NOWPayments presents a new feature for all the business-owners out there who would like to explore crypto payouts along with payments. With the mass payments solution, your cryptocurrency-savvy employees can receive their salaries in crypto. Set up a crypto payroll! Whether...

Poker Site Buys $100 Million of Bitcoin Every Month to Pay Players in BTC


A major online poker website has been buying millions of dollars of bitcoin every day to meet demand from players wanting to cash out in bitcoin. This amounts to $100 million in bitcoin a month as about 95% of players now demand payouts in the cryptocurrency. Poker Site Buys $100 Million of Bitcoin...

Could Stablecoins Trash Cash in the Race to Deliver COVID-19 Payouts?


With governments all over the world looking for ways to mitigate the financial damage of the coronavirus outbreak, many thinkers are openly asking if cash, already looking outdated before the pandemic, is the right tool for the job in a pre-vaccinated world. In South Korea, both the private and...

2x Bitcoin: Wanna Double Your BTC to the Moon? Forget About It


Amid worldwide crisis and stock market turmoil, a growing number of investment schemes advertise a way to speedily double your bitcoins. Moon Bitcoin Live, for example, claims to be a licensed bitcoin doubler, promising that investors can double their bitcoins within 24 hours, with guaranteed...

Fairspin Casino Players Won Over 40,000 ETH


Blockchain casino Fairspin paid out more than 40,000 ETH to players in its first full year of operation. The casino was founded in late 2018 under the name of Fairplay. A year later, it was rebranded into Fairspin to emphasize the casino’s key distinctive feature – each spin in every game...

Venezuelans Flock to Stores in their Droves to Spend Petro Payouts


An associative picture. Opinion in Venezuela is divided on the subject of the country’s state-run cryptocurrency, the Petro, as citizens continue to queue around the block for “up to seven hours” at crypto-friendly stores. Per a report from AFP, via El Dia, some citizens have expressed their...

Skrill Now Lets You Swap BTC for BCH


Online payments service Skrill has introduced a new feature allowing users to directly exchange cryptocurrencies. The crypto-to-crypto option gives you the opportunity to use bitcoin core (BTC) stored in your wallet to buy and sell eight other supported cryptocurrencies, including bitcoin cash...

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