Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Texas startup My E Listing is launching a website that will allow users to purchase real estate in the Lone Star State with digital currency. Right now, properties can only be purchased with either bitcoin or Ethereum, but the company says it plans to extend its digital currency capabilities in the coming...
Read More »Mass Layoffs At Binance? Company Admits to “Reevaluating” Roles
Binance – the world’s largest cryptocurrency exchange – has confirmed that its “reevaluating” its talent base following an external report that the firm plans to lay off roughly 20% of its workforce next month. The report presents a stark contrast to Binance’s position of strength last year, having stood out among industry leaders for continuing to expand during the bear market. Binance to Cut Workers On Wednesday, popular Chinese crypto reporter Colin Wu said he’d...
Read More »UK Neobank Monzo Attains First-Time Monthly Profitability Following Lending Surge
Monzo hit profitability after its lending volume for the period ending February 2023 ballooned to £759.7 million. British neobank Monzo Bank has revealed it attained monthly profitability for the first time in 2023 following a lending surge. In its annual report for the year ending February 2023, the online bank said it became profitable two months into the year. Monzo said it earned a 382% increase in net interest income which amounted to £164.2 million, driven by a surge in lending...
Read More »Former SEC Chief Warns Crypto Influencers against Price Manipulations
The former SEC chief hinted that influencers adopt various strategies to deceive and mislead their followers into making uncalculated investment decisions. The US Securities and Exchange Commission (SEC) is increasing its efforts to regulate and enforce compliance among crypto influencers, as former SEC Chief John Reed Stark issues a stern warning about potential prosecutions. In a Twitter post on Wednesday, Stark, who headed the SEC’s Internet Enforcement unit for 11 years, cautioned...
Read More »China Telecom Invests 3B Yuan to Establish Quantum Technology Group in Anhui Province
China Telecom has noted that the establishment of a quantum tech hub is in line with President Xi Jinping’s long-term tech adoption. China Telecom Corp Ltd (Hong Kong: 728), a Chinese telecommunications company, has announced plans to venture into the supercomputer quantum industry to streamline its services. According to the company’s announcement through WeChat, up to 3 billion Yuan, approximately $434 million, will be used to establish the China Telecom Quantum Information Technology...
Read More »Elderly Woman Loses Lots of Money to Crypto Scam
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up An elderly woman – who’s choosing not to be named at the time of writing – has been scammed out of $20K through the illicit use of a bitcoin ATM. Woman Loses $20K to Bitcoin Fraud The woman recalled in an interview how the situation came about. She received a call from someone claiming to be a federal agent,...
Read More »Bumper’s Breakthrough DeFi Protocol Set to Reshape Options Pricing
[PRESS RELEASE – London, United Kingdom, May 31st, 2023] Marking a seismic shift in the digital asset landscape, DeFi platform Bumper today unveiled the findings of their comprehensive simulation, exhibiting new pricing efficiencies over traditional options desks ahead of the protocol launch in August 2023. This report delineates a milestone in financial technology, showcasing an altogether new financial instrument that consistently outperforms existing options desks in...
Read More »Stadt Zug erhöht Bitcoin-Akzeptanz: Steuerzahlungen in Bitcoin oder Ether bis 1.5 Millionen Franken
Der Zuger Stadtpräsident Dolfi Müller scannt den QR-Code, um sich einzuloggen. Der Kanton Zug erhöht die Transaktionslimite für Steuerzahlungen mit den Kryptowährungen Bitcoin und Ether per sofort von bisher 100 000 Franken auf 1,5 Millionen Franken. Mit dieser Massnahme wird der Zugang zu digitalen Zahlungsmitteln erleichtert und den steigenden Bedürfnissen der Zuger Bevölkerung und Unternehmen entsprochen. «Wir sind stolz darauf, dass der Kanton...
Read More »Blockchain Analytics Firm Nansen Cuts Workforce by 30%
Nansen has promised to work assiduously with its remaining team to ensure they provide the best services to their customers as well as build the best workplace in crypto. Nansen, a leading startup in the blockchain technology industry, has recently announced a significant reduction in its workforce. The news of the 30% cut in blockchain data analytics firms has caused quite a stir in the industry, with many speculating on the reasons behind the decision. According to the blockchain...
Read More »Tether Expands Presence in Georgia With Investment in Payment Processing Company
Tether – the issuer of stablecoin USDT – announced expanding its presence in Georgia with an investment in a payment processing company called, CityPay.io. The move is deemed as an “important milestone” for the payment processing industry benefiting customers across Georgia and CIS. According to the official blog post, Tether aims to bring greater efficiency and convenience to the payment industry in Georgia with the latest investment. Commenting on the development, Paolo...
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