Month: August 2021

Intel Discloses Holding Coinbase Stake in Filing With SEC

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Computer chip manufacturer Intel Corp. has revealed it holds a stake in the leading U.S. cryptocurrency exchange, Coinbase. The tech giant purchased the shares worth almost $800,000 after the digital asset trading platform went public earlier this year. Intel Acquires Shares of Crypto Exchange Coinbase Intel has disclosed it owns Coinbase stock in a quarterly … Read more

Global Charity Organization Launches Crypto-Based Vouchers for Vulnerable Groups in Kenya, Ecuador

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The global charity organization, CARE, has created crypto-based vouchers that will be distributed to women and select groups in Africa and Latin America. According to CARE, these vouchers will be redeemable for goods, services or cash and linked to the needs of recipients. However, in its statement announcing the launch of the pilot phase, the … Read more

Kidnappers Kill Venezuelan Citizen for Not Paying Ransom Requested in Bitcoin

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A Venezuelan merchant was kidnapped and killed after his family failed to gather a ransom that kidnappers explicitly asked to be paid in bitcoin. The perpetrators asked for a sum of 1.5 bitcoin to release the hostage, later lowering the ransom to 0.5 bitcoin. The family of the victim finally was unable to gather the … Read more

Soccer Superstar Lionel Messi Gets Part of His Contract Paid in Cryptocurrency

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Lionel Messi, the Argentinian soccer superstar, has opted to receive cryptocurrency as part of his new contract signed with the French club Paris Saint-Germain. The club revealed that the player will receive crypto as part of his $30 million payment, as a “welcome package” given to the player. The proportion of the crypto stash in … Read more

Cardano’s Alonzo Upgrade Date Revealed — ADA Gains Over 16% After Announcement

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On Friday, the price of the token cardano spiked over the $2 handle nearing the crypto asset’s all-time high that took place three months ago. Cardano’s price jump derived from a video announcement stemming from Cardano’s Nigel Hemsley when he explained the Cardano network would upgrade on September 12, 2021. The highly anticipated “Alonzo Purple” … Read more

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