Blockchain
October 26, 2020
Novogratz Identifies Bitcoin as Gold, Minus Transactional Power
Mike Novogratz has suggested that Bitcoin is digital gold even though the currency would hardly make a transactional asset over the next several years. Bitcoin’s Storage Potential Is There, But Transactional Momentum Stalls Billionaire investor Mike Novogratz shared his “two satoshis,” a derivative term that better fits the cryptocurrency patois, on the topic of Bitcoin […]
Blockchain
October 21, 2020
PayPal Enables Cryptocurrency Buying, Selling and Storage
One of the largest worldwide online payment networks, PayPal, has confirmed today that it is adopting cryptocurrencies and will allow customers to buy, sell and store crypto on the company’s digital wallets starting with the United States. PayPal Readies to Enable Crypto Payments Worldwide Earlier today, PayPal Holdings Inc announced it is opening the sluice […]
Blockchain
September 22, 2020
PayPal to Facilitate BitFlyer Crypto and FIAT Payments
One of the largest Japanese cryptocurrency exchanges, bitFlyer, has teamed up with PayPal to facilitate FIAT-to-crypto transactions for its European subsidiary. PayPal Joins BitFlyer to Facilitate FIAT-Crypto Transactions BitFlyer’s European subsidiary has integrated PayPal deposits to enable players to deposit into the cryptocurrency exchange with a familiar solution, the company reported in a press release. […]
Blockchain
September 20, 2020
Blockchain Games Empowered in Fresh WarnerMedia “Blocklete” Move
Another international media and entertainment conglomerate is joining the blockchain space and pushing for blockchain gaming with Turner Sports, a company owned by Warner Media, joining the crypto ecosystem. Turner Sports which operates sports broadcasts on TBS, TNT, TruTV and others, has announced the introduction of “Blocklete Games,” a proprietor blockchain platform that allows players […]
Blockchain
September 20, 2020
China Busts a USDT Gambling Ring Facilitating Payments Abroad
Chinese authorities have cracked down on an illegal gambling facilitator, arresting 76 suspects and cutting access to over 120 online gambling websites based outside of the country. China Hunts Down an Illegal USDT Gambling Operation China continues with its crackdown on unauthorized gambling operations. In the latest bust, the Public Security Bureau in Huizhou City […]
Blockchain
September 16, 2020
There Is Less Risk of Money Laundering with Privacy Coins, Says a Recent Report
Money laundering with the use of privacy coins presents a small risk, says a recent report by the law firm Perkins Coie. The report outlines that the existing regulations of privacy coins are sufficient enough. Report by Perkins Coie Suggests That Privacy Coins Have Lower Risk of Money Laundering A new report released on Tuesday […]
Blockchain
September 16, 2020
SEC and Unikrn Reach Settlement, Disable Trade of Tokens
The United States Securities and Exchange Commission (SEC) and Unikrn Inc, an esports betting company, settled a pending case over an unregistered Initial Coin Offering (ICO) carried out by Unikrn, SEC announced on Tuesday. According to SEC, the company has agreed to pay a $6.1 million penalty to the U.S. government, choosing to settle the […]
Blockchain
September 15, 2020
IRS Wants to Trace Anonymous Crypto Tokens Such as Monero
The Internal Revenue Service (IRS) is looking to trace Monero transactions and is currently conducting a call for proposals with $1 million allocated for fiscal year 2020. Giving Regulators the Tools to Trace Monero and Bitcoin While hackers demand hefty ransoms to unlock victims’ computers, Bitcoin has been crucial in finding anonymous cybercriminals who are […]
Blockchain
September 13, 2020
Bitcoin and APMs Continue to Gain Popularity
Earlier this week, the SBC Summit Barcelona – Digital took place. The future of alternative payment methods and the growing popularity of Bitcoin were one of the many topics of discussion. The SBC Summit Barcelona The online version of the Global Betting and Gaming Show – the SBC Summit Barcelona – Digital started on Tuesday […]
Blockchain
August 22, 2020
TRON Accounts Reach Over 8M Following JustSwap Launch
TRON’s first decentralized exchange, JustSwap, has launched successfully, drawing huge interest. Within days of release, TRONSCAN reported that TRON account holders had grown to 8,012,643. TRON Drives a Foray in Decentralized Finance TRON is finally breaking away from gambling apps and stepping into the world of decentralized financing, better known as DeFi to insiders. This […]