Foreign tourists who use crypto as a means of payment in Bali will be “dealt with firmly,” local authorities have warned. Speaking at a tourism development press conference on Sunday, Bali Governor Wayan Koster said that visitors who pay with crypto or break other rules could be deported, face criminal penalties, or be dealt tough sanctions. “Foreign tourists who behave…
Cryptocurrency exchange Bybit continues the expansion of its operations after receiving “in-principle” approval from regulators in Kazakhstan. On May 29, the exchange announced its pre-approval from Kazakhstan’s Astana Financial Services Authority (AFSA) to operate as a digital asset trading facility and as a custody services provider at the Astana International Financial Centre (AIFC). Ben Zhou, the co-founder and CEO of…
Bitcoin and Ethereum continued to climb along with stocks as U.S. lawmakers ended their stalemate over the federal government’s debt ceiling, boosting risk-on sentiments in the market. Bitcoin touched $28,000 Monday morning, with Ethereum breaking above $1,900. At time of publication, Bitcoin stands at just under $28,000, up 2.9% on the day, with Ethereum holding above $1,900, up 3.2% in…
Bitcoin (BTC) starts a new week in an altogether different mood as the weekly candle close brings a move higher. The largest cryptocurrency, still stuck in a narrow range, is at last showing signs of life after several spikes to two-month lows. With volatility back in play, traders nonetheless remain conflicted — can short-timeframe strength lead to an overall trend…
Its owner acquired the tokens during Ethereum’s ICO in 2015, when each ETH was worth only 31 cents each. Source: https://cointelegraph.com/app/public/index.php/news/dormant-ethereum-ico-wallet-awaken-years
Former BitMEX CEO Arthur Hayes believes it will cause significant volatility in Bitcoin as well, suggesting it won’t likely reach a new all-time high this year. Source: https://cointelegraph.com/app/public/index.php/news/bank-crisis-debt-ceiling-powder-keg-bitmex-arthur-hayes
Its owner acquired the tokens during Ethereum’s ICO in 2015, when each ETH was worth only 31 cents each. Source: https://cointelegraph.com/public/index.php/news/dormant-ethereum-ico-wallet-awaken-years
Former BitMEX CEO Arthur Hayes believes it will cause significant volatility in Bitcoin as well, suggesting it won’t likely reach a new all-time high this year. Source: https://cointelegraph.com/public/index.php/news/bank-crisis-debt-ceiling-powder-keg-bitmex-arthur-hayes
A New York attorney has been blasted for using ChatGPT for legal research as part of a lawsuit against a Columbian airline. Steven Schwartz, an attorney with New York law firm Levidow, Levidow & Oberman, was engaged by Robert Mata to pursue an injury claim against Avianca Airlines. Mata claims he sustained the injury from a serving cart during his…
Bali’s government is cracking down on tourists paying for goods and services using cryptocurrency, with the island’s governor sending a reminder that Indonesia’s fiat currency is the only legal tender. On May 28, the government-owned news agency Antara reported Bali’s governor Wayan Koster hosted a press conference the same day and said tourists who “use crypto as a means of…
