Mining Hardware Thief Gets 3-Year Sentence in Russia

Russian authorities have investigated a number of cases involving the theft of crypto mining equipment in the past months. A resident of Yaroslavl has just been found guilty of stealing mining hardware worth over $20,000 and sentenced to three years in prison. Russian Convicted of Stealing Mining Rigs Receives Prison Sentence A 34-year-old man from … Read more

Anarchist Bar in Brussels Now Accepts Cryptocurrency

A bar in Brussels frequented by local anarchists has introduced crypto payments. Bitcoin is the money of the future, say the owners who have recently renovated the place. It is among the first such establishments in the Belgian capital to take coins for pints, they say. Dolle Mol Bar on Rue des Éperonniers Will Take … Read more

Lukashenko Urges Belarusians to Mine Cryptocurrency Rather Than Pick Strawberries Abroad

President Alexander Lukashenko has advised workers to stay in their home country instead of emigrating to fill low-paid farming jobs in Poland and Germany. The Belarusian leader pointed to an alternative source of income, noting there’s enough electricity in Belarus to power cryptocurrency mining. Lukashenko Calls on Belarusian Workers to Build Mining Farms, Not Work … Read more

Cryptopunks NFT Collection Joins Axie Infinity and Opensea by Hitting $1 Billion in Sales

On Saturday, August 28, the non-fungible token (NFT) project Cryptopunks crossed $1 billion in all-time sales. Cryptopunks joins the heavyweight NFT hitters Axie Infinity’s $1.6 billion and Opensea’s $3.53 billion. Three NFT Projects Have Sold More Than a Billion-Dollars in Sales The non-fungible token project Cryptopunks is now a billion-dollar NFT collection as statistics show … Read more

Korea’s FSC Chairman Nominee Skeptical Over Cryptocurrency as Financial Asset

A former central bank official, nominated to head South Korea’s financial watchdog, has expressed skepticism about recognizing cryptocurrency as a financial asset. In comments to a parliamentary committee, Koh Seung-beom has confirmed his views on the matter align with those of international institutions. Candidate to Head Korea’s Financial Regulator Says Crypto Is Not Currency […] … Read more

Lolli Partners With Stubhub — Users Can Earn Bitcoin Back on Tickets to Live Events

Following the $10 million Series A round at the end of July, the bitcoin rewards company Lolli has announced a partnership with the ticket agency Stubhub. According to the announcement, the partnership will provide users with the ability to earn up to 6% in bitcoin rewards when they purchase tickets to sporting events, concerts, and … Read more

Multinational Payments Giant Visa Purchases Cryptopunk NFT for $165K in Ether

One of the world’s most valuable companies in terms of market capitalization, Visa, has revealed it has purchased a non-fungible token (NFT) from the Cryptopunks collection. Visa’s official news-based Twitter account told its 114,000 followers it paid 49.5 ether ($165K) for the Cryptopunk #7610. Visa Is a Believer in Non-Fungible Token Commerce On August 23, … Read more

Crypto Exchange Liquid Hacked, Loses Millions in Various Currencies

Japanese cryptocurrency exchange Liquid is suspending deposits and withdrawals after a security breach resulting in the loss of around an estimated $80 million in digital assets. The platform published the suspected hacker’s addresses and said it’s moving funds to cold storage. Hacker Hits Japanese Crypto Exchange Liquid Asian cryptocurrency exchange Liquid Global has confirmed it … Read more

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