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On August 23, the president of El Salvador spoke about the upcoming bitcoin tender law set to take effect on September 7. Salvadoran president Nayib Bukele said that bitcoin will not be mandated by force and “if they want” they can accept bitcoin and they can say “no” if they are not interested in using … Read more
On Monday, the publishing platform Substack revealed the company is now accepting bitcoin payments. Substack will be working with the payment processor Opennode and the publishing platform will leverage the Lightning Network and onchain payments. Substack Partners With Payment Processor Opennode to Support Bitcoin Payments The online platform Substack is a publishing, analytics, and design … Read more
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
CEO of PointPay Andrew Svyatov talks about if it’s worth investing in ETH in 2021, what are the growth prospects for this cryptocurrency The year 2021 was generally positive for the altcoin market. And Ether strengthened its position as the second coin on the market. Since the beginning of 2021, the coin has given its … Read more
Mobile banking apps have made monetary transactions simple and less time-consuming. Consequently, some of the best names in this category are currently subscribed by millions of users and the number is only increasing exponentially. Venmo definitely stands out in the list of online money transfer apps. The application has only been around for a decade … Read more
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
Digital currencies have seen significant gains in 2021 jumping 154% in value since January 1. On August 18, Cryptovantage published a study that shows 3 in 4 crypto investors said they had made money on their crypto holdings and cryptocurrencies represent 12% of the average millennial portfolio. 3 in 4 Digital Currency Investors Have Profited … Read more
Leading US-based cryptocurrency exchange Coinbase announced it will launch operations in Japan yesterday. The exchange will be partnering with Mitsubishi UFJ Financial Group (MUFG), a banking institution with more than 40 million customers, to make it easy for residents of Japan to purchase and sell cryptocurrencies. Coinbase Launches in Japan Coinbase, one of the leading … Read more
Larry Dean Harmon, founder and operator of the bitcoin mixing service Helix has pleaded guilty on Wednesday to money laundering charges. Harmon’s guilty plea follows the U.S. Treasury’s Financial Crimes Enforcement Network (Fincen) fining Harmon $60 million last year. Helix Operator Pleads Guilty to Money Laundering, Conspiracy Charges According to several reports and a court-issued … Read more
Employees of Ukraine’s Ministry of Digital Transformation may become the first in the country to get their salaries in digital currency. The National Bank of Ukraine is developing an electronic version of the Ukrainian hryvnia and the ministry is considering the option of using the state-issued coin for remuneration. Government Employees to Be Paid With … Read more