Canadian entrepreneur and “Shark Tank” star Kevin O’Leary is big on Bitcoin and believes mining the cryptocurrency will “save the world.” A year ago, O’Leary expressed derision for any crypto mined in China, calling Chinese Bitcoin “blood coin” because of human rights concerns. China has received criticism in recent years for its mistreatment of Turkish Uyghurs living within its borders. …
Community Gaming (CG), a platform which facilitates esports tournament prize payouts in cryptocurrency, has closed a $16 million Series A funding round led by Japanese investment firm Softbank. Other investors include crypto-focused companies Animoca Ventures, Binance Labs, ConsenSys Mesh, and Polygon Studios, to name a few. CG’s website—which currently has over 100,000 unique registered users—allows esports organizations or play-to-earn blockchain…
When a respected member of Crypto Twitter and the Deadfellas nonfungible token (NFT) community detailed the immense financial burden of his cancer treatment, the crypto community demonstrated its kindness and generosity by donating over $73,000 in funds. Yopi, known as @kuiyopi on Twitter, joined the crypto ecosystem in July 2021. He discovered that crypto served as a welcome distraction to his health concerns…
Deependra Bhusal has been sentenced to 46 months in federal prison for his involvement in a crypto money laundering conspiracy in the Eastern District of Texas. According to a press release published by the Department of Justice (DoJ), Bhusal was involved in a multi-year money laundering conspiracy that involved laundering funds from a multitude of scams. Bhusal’s specific role was…
When traders get enough money for life from their Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), or any crypto trading plays, what comes next? Crypto-savvy Reddit users shared their best ideas in a lively subreddit. A user who goes by the tag u/LifeReboot shared how a stroke of luck led to less satisfaction than expected. Because of this, LifeReboot asked the…
Waves (WAVES) lost around half its value in April so far and risks further correction due to weakening technical and fundamental factors. WAVES price risks another 30% decline WAVES dropped from nearly $64 on March 31 to around $27.50 on April 7 — down by over 55%. As it fell, the WAVES/USD pair also broke below a key support confluence,…
Looks like eToro is jumping into NFTs. The financial trading platform announced today that it has set aside $20 million to create eToro.art, a new initiative to support upcoming NFT projects and creators—and buy some NFTs itself. NFTs are unique tokens that exist on a blockchain and signify ownership over an asset, often a piece of digital art. In a…
sponsored The crypto space is growing at a rapid pace, and it’s beginning to change major industries around the world. Even with the widespread of crypto, some people still do not have any idea of what it is. According to a survey mabe by Financial Conduct Authority (FCA), three in 10 people in the UK can’t correctly identify the definition…
The Australian Competition and Consumer Commission (ACCC) reported that crypto payments now overtake traditional bank payments in frequency, per ZDNet. “In relation to scamwatch [an ACCC-run scam-tracker], we see a number of scams relating to investment schemes, and we are now seeing that the payments in relation to those are now more often by way of cryptocurrency than by way…
Nium, a cross-border payments firm based in Singapore, has announced the launch of a new API-based solution that will allow businesses to start accepting cryptocurrency payments. As per the announcement, the newly launched product is called Crypto Accept. It allows online sellers to accept Bitcoin (BTC) and Ethereum (ETH) before expanding to other digital assets in 2023. Payments are sent…
