Bitcoin and cryptocurrency have come a long way. Many are no longer just speculative assets but have crossed into hedge fund territory following the excessive printing of money and the spread of the coronavirus. Bitcoin and Other Cryptocurrencies Are Failing in the Payments Department However, despite all the major boosts in the space, it appears crypto assets are really faltering in one specific area… Payments. Initially, bitcoin and many of its altcoin cousins were...
Read More »North Korean Hackers Stole Nearly $400 Million in 2021: Chainalysis Reports
A recent report by blockchain forensics company Chainalysis stated that cybercriminals in North Korea stole bitcoin and Ether, worth almost $400 million but still have millions worth of stolen cryptocurrency funds unlaundered. Almost $400 Million Theft Recorded in 2021 The Chainalysis report published January 13, 2022, stated that the funds were stolen following attacks on a minimum of seven crypto exchanges. Also, the company believes most of the attacks were possibly...
Read More »25% of Small Businesses in 9 Countries Plan to Accept Crypto Payments in 2022 (Visa Study)
According to a recent survey conducted by the payment processor giant Visa, almost a quarter of the participants across nine nations said they intend to embrace digital currencies as a form of payment sometime this year. Furthermore, 13% of consumers in these countries predicted retail stores will begin allowing crypto settlements in the following 12 months. ‘People Are Feeling More Confident with Crypto’ As reported by Reuters, Visa surveyed 2,250 small business owners from...
Read More »UFC Champion Francis Ngannou Considers Taking 50% of His Next Fight Earnings in Bitcoin
Cameroonian mixed martial artist Francis Ngannou, who competes in the heavyweight division for the Ultimate Fighting Championship (UFC), is considering joining the growing list of sports stars receiving their paychecks in bitcoin. A Bitcoin Believer The UFC champion revealed on Friday that he is a Bitcoin believer and has been discussing the leading cryptocurrency with his family and friends. Ngannou also noted that he is quite bullish on the future of Bitcoin, and that’s why...
Read More »Reese Witherspoon Takes Flak for Recent Crypto Tweet
Twitter users everywhere are seemingly confused by a new tweet issued by Oscar-winning actress Reese Witherspoon. Reese Witherspoon Tweets About Crypto, People Push Back Users took issue with the randomness of the message, which reads as follows: In the (near) future, every person will have a parallel digital identity. Avatars, crypto wallets, digital goods will be the norm. Are you planning for this? At press time, the reasons behind the tweet are unclear, and many are...
Read More »BBTV in Canada Will Begin Paying Its Clients in Crypto
BBTV Holdings Inc. – a leading monetization company – has launched a new program known as Pay to Crypto that will allow creators to be paid directly in digital assets. BBTV Holdings Will Pay Content Creators in Digital Money Among the cryptocurrencies that creators can be paid in are bitcoin, Ethereum, and USD stable coin. This is the first offering of its kind, and it is being provided to creators at a competitive rate. Chairperson and CEO of BBTV Shahrzad Rafati...
Read More »Pay Safe Survey Suggests People Want to Get Paid in Crypto
Leading payments platform Pay Safe has conducted a new survey that suggests more than half the world’s crypto owners would prefer to earn their salaries in bitcoin or other forms of crypto rather than in fiat currency. Pay Safe: Most People Want Crypto-Based Paychecks The study shows that around 55 percent of individuals who own cryptocurrency would prefer to receive their paychecks in digital currency. In addition, approximately 60 percent of young people – anyone...
Read More »Huobi Reports: 70% of Crypto Investors Joined in 2021 (Survey)
According to a research handled by the large digital asset platform Huobi Group, nearly 7 in 10 crypto holders entered the market in 2021. Despite the rising interest in the asset class, approximately 25% of the participants believe “it’s all a scam/bubble,” which is going to collapse, the survey estimated. 7 in 10 Entered The Crypto Ecosystem Last Year Huobi’s poll consisted of more than 3,000 people. The company conducted it in mid-December 2021, while the results were...
Read More »25% der Kleinunternehmen möchten Bitcoin-Zahlungen umsetzen
Die Mass Adoption bleibt weiterhin das große Ziel des Bitcoin. Gerade das reguläre Handelsgewerbe ist hier ausschlaggebend. Daher sind es gute Nachrichten, dass inzwischen rund ein Viertel der Kleinunternehmen planen, Zahlungen mit Bitcoin einzuführen – so heißt es zumindest in einer Studie des Kreditkartenanbieters Visa. Bitcoin News: 25% der Kleinunternehmen möchten Bitcoin-Zahlungen umsetzenAls Tesla im letzten Jahr Bitcoin-Zahlungen ermöglichte, war das Medienecho ein guter Motor für den...
Read More »After Volatile Week BTC Reclaims $43K, Litecoin Spikes 8% (Market Watch)
After yesterday’s drop to sub-$42,000 levels, bitcoin bounced off and spiked to around $43,000. Most altcoins are slightly in the green as well on a daily scale, with BNB nearing $500 and more impressive gains from Litecoin and ATOM. Bitcoin Touches $43K The past several days seemed quite positive for the primary cryptocurrency. The asset had recovered from its dip below $40,000 on Monday and was increasing in value gradually. In just a few days, it added more than $4,000 of...
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