Category: Cryptocurrency

Edward Snowden picks up $5.4 million from sale of NFT

April 19, 2021

The NSA whistleblower will reportedly donate the money to the Freedom of the Press Foundation National Security Agency (NSA) whistleblower Edward Snowden was represented recently on a non-fungible token (NFT) and, when it was brought to auction, it sold for over $5 million. The sale was very close during the last few minutes, and, after […]

Miami commissioner introduces resolution to allow tax payments through cryptocurrency

April 16, 2021

The transition of digital currency toward a legitimate alternative to fiat continues As time goes by, Miami has become more and more involved in the cryptocurrency universe. As proof of this, Miami-Dade County Commissioner Cohen Higgins is now backing a new resolution to allow all residents to pay their local taxes via cryptocurrencies such as […]

New SEC Safe Harbor proposal could provide more transparent foundation for crypto ICOs

April 15, 2021

“Crypto Mom” has a new plan to give the cryptocurrency community more regulatory support Hester Peirce, a commissioner of the Securities and Exchange Commission (SEC) better known as “Crypto Mom,” continues to work on ways to support the cryptocurrency industry on a regulatory level. She has tweaked a previous proposal that aims to allow crypto […]

Miami nightclub might be the first in the country to accept cryptocurrency

April 14, 2021

E11even Miami has realized that digital currency is the future of currency As time has passed, many businesses and industries are beginning to see some normalcy in their operations, such as the case of the nightlife scene. After a long period of almost inactivity, it is important to bring certain innovations that can attract the […]

MLB, Topps to issue baseball card artwork as NFTs

April 13, 2021

Topps already has baseball cards available as NFTs, but will now include card art as an option Topps is currently recognized as the leading trading card manufacturer in the US and it appears that it will now continue to partner with MLB and MLB Players Inc. The company has previously issued baseball cards as non-fungible […]

Exodus cryptocurrency wallet cleared to launch share offering

April 12, 2021

The SEC gives Exodus the green light to sell company shares After due diligence, the US Securities and Exchange Commission (SEC) has granted Exodus, the cryptocurrency wallet provider, permission to sell shares of its operation. The shares have already begun to reach the US market and are available through the wallet itself. Last Thursday, Exodus […]

9.5 million cryptocurrency traders used Robinhood platform during first quarter

April 9, 2021

Robinhood announced today that cryptocurrency trading on its platform exploded during the first quarter. The popular yet controversial online brokerage revealed that 9.5 million users traded blockchain assets on its platform from January through March of 2021. That’s up from 1.7 million users during the fourth quarter of 2020. The 558% increase coincided with Bitcoin […]

The WPT is the latest to get in on the NFT craze

April 9, 2021

The WPT and Theta Network are launching WPT Moments as non-fungible tokens Even though it was a long time coming, it took a while for the growing world of non-fungible tokens (NFT) to become associated with poker. A new partnership between Theta Labs and the World Poker Tour has made this a reality, though, as […]

CoinMarketCap removes South Korean exchanges from cryptocurrency price calculations

April 7, 2021

Questions about valuations on the exchanges forces the crypto price tracker to take action As of yesterday, it seems that CoinMarketCap, the cryptocurrency price tracker, had not shared any kind of report regarding the data of the main crypto exchanges located in South Korea, including Coinone, Upbit, Korbit and Bithumb. Molly Jane Zuckerman, CoinMarketCap’s content […]

Hackers use GitHub servers to mine cryptocurrency

April 6, 2021

A software engineer from France discovered the activity late last year Hackers have long been a headache for many platforms, especially those that are based on monetary and high-value systems. This time, it seems that the GitHub cloud was used by hackers with the intention of covertly mining different cryptocurrencies. The suspicious activity was first […]

IRS can request cryptocurrency user records from Circle and Poloniex following court approval

April 5, 2021

The US taxman is coming for its share of cryptocurrency holdings A US federal court has given the Internal Revenue Service (IRS) the green light to be able to seek all kinds of information about cryptocurrency users who currently have a relationship with crypto exchange platforms Poloniex and Circle. The main idea of the tax […]

The Oakland A’s just sold a suite season ticket for cryptocurrency this week

April 2, 2021

Cryptocurrency continues to find more support for its value as an alternative to fiat Oakland Athletics, the renowned MLB team has recently reported selling its first season ticket through the use of cryptocurrencies. It has only been three weeks since the team first made this offer, and it appears that it wasn’t hard to get. […]

Cryptocurrency platform Uphold might soon be able to offer fractional equity investments

April 1, 2021

Uphold has received approval to acquire broker-dealer JNK Securities Uphold, a cryptocurrency platform with a presence in more than 150 countries, announced yesterday the regulatory approval necessary to acquire JNK Securities, a US broker-dealer. The approval from the Financial Industry Regulatory Authority (FINRA) is based on the understanding that this would be the first crypto […]

Chipotle giving away 10,000 burritos and $100,000 worth of bitcoin on April 1st

April 1, 2021

Chipotle Mexican Grill announced today that it will be celebrating National Burrito Day with a cryptocurrency twist. The fast-casual restaurant chain revealed that they will be awarding 10,000 burritos worth $100,000 and another $100,000 worth of bitcoin as part of its National Burrito Day celebrations, which takes place on April 1st. To win bitcoin or […]

PayPal is ready to allow its users to make purchases in cryptocurrency

March 31, 2021

The global payments platform is making huge leaps toward full cryptocurrency acceptance US-based PayPal is a company that has been recognized worldwide for operating an online payment system that supports money transfers between users and serves as an electronic alternative to traditional payment methods such as checks and money orders. According to the latest updates, […]

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