Wirecard CEO Quits as Crypto Card Firm Reveals Missing $2.1 Billion Does Not Exist

Wirecard chief executive officer quit as the crypto card payments firm revealed that the €1.9 billion ($2.1 billion) missing from its accounts may not exist. CEO Markus Braun resigned on June 19, after nearly 20 years at the helm. James Freis has been appointed interim chief executive, the German company said on Friday. Wirecard said … Read more

Meet Mistcoin – The First Mineable SLP Token Implementation Launched on Bitcoin Cash

Bitcoin Cash proponents have been introduced to a new project built using the Simple Ledger Protocol (SLP) framework called mistcoin (MIST). The new token is essentially the first mineable implementation of colored coins on Bitcoin Cash. Mist allows participants to mine the SLP tokens “using proof-of-work to help decentralize allocation of newly minted tokens.” It … Read more

Satoshi Nakamoto Kidnapped, Tortured by NSA to Destroy Crypto in New Movie ‘Decrypted’

Decrypted, a new crypto movie about Satoshi Nakamoto, the mysterious creator of Bitcoin, is in production. In this “outrageous and provocative dark comedy,” Satoshi Nakamoto is kidnapped by the NSA and tortured for information that could help the government destroy cryptocurrency. Satoshi Nakamoto in New Crypto Movie A new movie about cryptocurrency and Bitcoin’s creator, … Read more

Jay Clayton Leaves SEC: Crypto Industry Hopeful for Bitcoin ETF Approval

Chairman Jay Clayton is geared to leave the U.S. Securities and Exchange Commission (SEC) after President Donald Trump nominates him to serve as the next U.S. attorney for the Southern District of New York. With his departure, the cryptocurrency industry is hopeful that the SEC will finally approve a bitcoin exchange-traded fund (ETF). Jay Clayton … Read more

Unicef Funding Startups With Cryptocurrency for Covid-19 Relief

The United Nations Children’s Fund (Unicef) has announced its largest cryptocurrency investment funding of startups. Eight companies in seven countries will use Unicef’s crypto fund to develop prototypes, pilot, or scale their technologies. Several of them are working on mitigating the hardships resulting from the covid-19 pandemic. Unicef Announces Largest Crypto Investment Unicef Cryptocurrency Fund … Read more

Simple Ledger Protocol Universe Is Thriving: Lottery, Mint, ATMs, Over 8,500 SLP Tokens Created

It’s been close to twelve months since we reported on the vast Simple Ledger Protocol (SLP) universe built on top of the Bitcoin Cash chain. At the time, there were 2,700 unique SLP tokens created, and that’s increased by 217% during the last year with 8,585 SLP tokens created to-date. A number of different projects … Read more

Elon Musk Bitcoin Giveaway Scam Rakes in Millions of Dollars in BTC

‘Elon Musk’ bitcoin giveaways continue to scam people on Youtube. Scammers have reportedly pulled in millions of dollars in bitcoin from people wanting to double their cryptocurrency. Some of them use bitcoin addresses containing the name Elon Musk, Spacex, or Telsa. Before sending money to a bitcoin address, check if it has been reported as … Read more

Only 3.5 Million Bitcoin Is Traded Worldwide; Majority of BTC Held Long-Term as Digital Gold, Says Chainalysis

Only 3.5 million bitcoin or 19% of total circulating supply is actively traded throughout the world, while the rest is being held long-term by investors, according to a new report by crypto analytics company Chainalysis. Per the report, nearly 18.6 million bitcoin (BTC) has been mined as of June 2020. Of this, around 60% BTC … Read more

Akon City: $6 Billion Cryptocurrency City Set to Begin Construction

Akon City, a “futuristic cryptocurrency themed city” founded by famous singer Akon, is ready to begin construction, with a plan to use the akoin cryptocurrency exclusively. Phase one of Akon City’s construction will include roads, a hospital, a mall, hotels, and a school. There will also be parks, universities, a stadium, and an industrial complex. … Read more

Bitcoin Rises in New Crypto Rankings by Chinese Government-Backed Institute

China’s Center for Information and Industry Development has revised its cryptocurrency project rankings. Thirty-seven crypto projects were evaluated overall and in three sub-categories. Bitcoin has risen while the top three spots remained occupied by EOS, Tron, and Ethereum. CCID’s 18th Ranking Released The Center for Information and Industry Development (CCID), under China’s Ministry of Industry … Read more

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