The founder of Barstool Sports blog, Dave Portnoy, announced he purchased 29 bitcoin on January 28, spending more than a million dollars. The day trader has had his ups and downs with bitcoin over the last few years, and it seems he’s now jumping back into the market. Day Trader Dave Portnoy Bought 29 Bitcoin […]
Powered by WPeMatico
]]>
The $200 million fund aims to foster growth and innovation on the Avalanche network.
Powered by WPeMatico
]]>
Participants piled $7 million into a dutch auction to win one of 50 Golden Tokens granting ownership to unminted NFTs from artist Tyler Hobbs.
Powered by WPeMatico
]]>
The venture capital firm will fund companies in the interactive sector that combine content, finance and tech.
Powered by WPeMatico
]]>
Cryptocurrency listings have been prohibited from publication on Mercado Livre, also known as Free Market, following a $750 million investment into the platform from Paypal. Just prior to the announcement, more than 10,000 listings relating to virtual currencies were identified on the platform. Also Read: Why Africa Continues to Lag Behind in Cryptocurrency Adoption Latin […]
The post Mercado Livre Bans Cryptocurrency Listings Following $750 Million Investment From Paypal appeared first on Bitcoin News.
Powered by WPeMatico
]]>
Moshe Hogeg, the co-founder and chairman of venture capital investment fund Singulariteam, and the alleged head of Stox Technologies, has been given 30 days to settle with a Chinese investor. The disgruntled investor has brought a 17 million Israeli new shekels (approximately $4.23 million) lawsuit against Hogeg for allegedly misappropriating several million dollars worth of […]
The post Tel Aviv Court Gives Moshe Hogeg 30 Days to Settle $4M Lawsuit appeared first on Bitcoin News.
Powered by WPeMatico
]]>
Market making and over-the-counter trading firm GSR Markets is taking legal action against lawyer Diana McDonald, who is accused of pocketing $2 million from a $4 million BTC transaction in which she acted as an escrow. Also Read: In the Daily: Bitcoin Begging, NEM Foundation Fights to Survive, Huobi Prime GSR Markets Sues Lawyer Over […]
The post Market Maker Sues Lawyer Over $4 Million BTC Transaction Gone Awry appeared first on Bitcoin News.
Powered by WPeMatico
]]>
21 is a number that holds deep symbology to bitcoiners. In addition to denoting the total number of bitcoins, in millions, that will ever be issued, it’s inspired scores of cryptocurrency business names, websites, and merchandise designs. Despite its assumed inviolability, some members of the community are opposed to Bitcoin’s rigidly set 21 million supply. […]
The post Proposal to Increase Bitcoin’s 21 Million Supply Sparks Debate appeared first on Bitcoin News.
Powered by WPeMatico
]]>
According to local media, a Swedish cryptocurrency trader is anticipating receiving a tax bill of approximately $1 million after conducting approximately $2.9 million worth of trades across tens of thousands of transactions made since 2014. The trader claims that the tax bill will equate to 300 percent of the profits he has earned rather than […]
The post Swedish Trader Expects to Pay 300% of Crypto Profits to Tax Agency appeared first on Bitcoin News.
Powered by WPeMatico
]]>
In recent regulatory news, a report published by Diar has found that U.S. government agencies have paid approximately $5.7 million USD to blockchain analysis contractors, India’s Enforcement Directorate has seized $5.9 Million worth of assets linked to the case of Amit Bhardwaj, and the Bank of International Settlements finds cryptocurrencies to “not, at this point, […]
The post Regulations Roundup: U.S. Govt. Pays $5.7 Million for Blockchain Analysis, Amit Bhardwaj’s Assets Seized appeared first on Bitcoin News.
Powered by WPeMatico
]]>