National Court of Spain Takes the Investigation of the Alleged Ponzi Crypto Scheme Arbistar

National Court of Spain Takes the Investigation of the Alleged Ponzi Crypto Scheme ArbistarThe investigation against an alleged major Spanish Ponzi crypto scheme will now be in charge of the National Court of Spain. A judge from the national legal instance is now taking the investigation of Arbistar after the inhibition of a judge in Tenerife. Economic Damages Could Reach Over $120 Million According to El País, judge […]

NFT Weekly Roundup: Polygon’s Sustainable Minting, Oscars NFTs, And, Yes, Poop Emoji NFTs

NFT Weekly Roundup: Polygon's Sustainable Minting, Oscars NFTs, And, Yes, Poop Emoji NFTsAs another busy week comes to an end, the NFT universe witnessed many new developments. From Polygon teaming up with leading brands to unique new collectibles up for grabs – here are the top NFT news bytes of the week. Polygon to Offer A Sustainable Way of Minting NFTs NFT creation platform Cent will integrate […]

Another US City Aims to Become Bitcoin Hub — Exploring BTC Payroll, Mining, Holding Crypto in Balance Sheet

Another US City Aims to Become Bitcoin Hub — Exploring BTC Payroll, Mining, Holding Crypto in Balance SheetAnother U.S. city, besides Miami, is looking to become a bitcoin hub. The mayor of the city of Jackson TN says that his city is exploring payroll conversions in crypto in addition to bitcoin mining to add the cryptocurrency to its balance sheet. Jackson TN Looking to Become a Bitcoin Hub Mayor Scott Conger of […]

Craig Wright’s Law Firm Granted Permission from High Court to Serve Bitcoin.org Operator Cobra

Craig Wright's Law Firm Granted Permission from High Court to Serve Bitcoin.org Operator CobraOn April 22, published documents stemming from law firm Ontier LLP show London’s High Court is granting the law firm permission to serve legal proceedings over copyright infringement against the owner of bitcoin.org, a pseudonymous operator called “Cøbra.” The legal proceedings involve “hosting and publishing” a copy of the academic Bitcoin white paper. Copyright Infringement […]

Online Music Store Beatport to Start Accepting Bitcoin Payments, Launches Curated NFT

Online Music Store Beatport to Start Accepting Bitcoin Payments, Launches Curated NFTA major American DJ-related online music store has joined the crypto adoption frenzy by accepting bitcoin payments. Beatport is the latest firm that adopts a crypto payment gateway after signed a partnership with crypto exchange Crypto.com. Bitcoin Payment Gateway Will Be Launched in June Per Music Week, the digital music retailer will make the adoption […]

Facebook-Backed Crypto Diem Updates Launch Plan — Will Take a ‘Phased Approach’

Facebook-Backed Crypto Diem Updates Launch Plan, Will Use a 'Phased Approach'The cryptocurrency proposed by social media giant Facebook is gearing up to launch using a “phased approach,” its co-creator explains. The Diem Association, which oversees the crypto’s development, has been in talks with regulators to obtain a license. Diem Updates Launch Plan The Facebook-backed cryptocurrency “diem,” formerly called libra, is taking a “phased approach” to […]

Softbank-Backed Wework Adopts Crypto as Form of Payment and Holds in Balance Sheet

Softbank-Backed Wework Adopts Crypto as Form of Payment and Holds in TreasuryGlobal space provider Wework has announced that it will now accept payment in select cryptocurrencies. The company has partnered with Bitpay and Coinbase for inbound and outbound transactions. In addition, the Softbank-backed company says it will also hold the currency on its balance sheet. Wework Dives Into Crypto Wework announced Tuesday several initiatives regarding cryptocurrencies. […]

Bitcoin Fees Tap $60 per Transaction, Users Say Fees Restrict Adoption, Others ‘Embrace’ the BTC Fee Pump

Bitcoin Fees Tap $60 per Transaction, Users Say Fees Restrict Adoption, Others 'Embrace' the BTC Fee PumpOn April 21, Bitcoin network fees touched an all-time high according to a number of transaction fee aggregators. The average bitcoin transaction fee is approximately $59.88 and the median fee is around $26.44 USD per transfer. Bitcoin Fees Climb Sky High After the Hashrate Plummeted The cost to send a bitcoin (BTC) transaction has never […]

Crypto Fraud Reports in South Korea Surged Over 41% in 2020, Says Financial Watchdog

Crypto Fraud Reports in South Korea Surged Over 41% in 2020, Says Financial WatchdogAlthough bitcoin prices plummeted over the weekend, the overall bull-run remains alive, as well as the crypto-related fraud cases in South Korea. The latest figures by the domestic financial watchdog show that such incidents are still on the rise. Police to Dedicate a Special Unit to Investigate Crypto Frauds According to Asia Kyungjae, the Financial […]