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Strike Brings Bitcoin Lightning-Based Remittances to the Philippines

Strike – a Bitcoin payment company and wallet provider – has expanded its “Send Globally” feature to the Philippines, allowing locals to receive lightning-based remittances directly to their bank account.  This marks the second-wave rollout for Send Globally after its initial release to Africa in December.  Fixing the Remittance System In a press release published on Tuesday, Strike explained that its new feature enables “fast, secure, and low-cost” money transfers between...

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Crypto Exchange Huobi Global Lets Go of Several Employees

Huobi Global – one of the world’s biggest digital currency exchanges – has announced that it’s going to release approximately 20 percent of its staff due to the ongoing volatility and speculation of the digital currency industry. Huobi Global Is Parting with Several Staff Members A Huobi spokesperson said: With the current state of the bear market, a very lean team will be maintained going forward. Huobi employed about 1,600 people in October of last year. With the 20...

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Judge Clarifies That Security Injunction in LBRY v. SEC Case Was Only for Direct Sale

A New Hampshire district court judge has clarified that a security injunction ruled earlier in the legal battle between the United States Securities and Exchange Commission (SEC) and decentralized content-sharing and publishing platform LBRY applied only to direct sales of the project’s tokens. The ruling came during an appeal hearing on January 30, 2023, settling an agelong debate between the SEC and the crypto community. Judge Clarifies Ruling in LBRY v. SEC Case The court...

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Media Shower Unveils New Blockchain-Based Reward Program

Boston-based communications firm Media Shower has unveiled its new BMJ Reward Token, a blockchain-focused reward system that provides digital rewards to the paid, premium subscribers of its Bitcoin Market Journal (BMJ) newsletter. Media Shower Is Delivering a New Kind of Digital Rewards Token Media Shower has spent the last several months developing real-time rewards for its users. Many of these rewards include uniquely branded clothing items like hoodies, shirts, socks,...

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Cloudzy Introduced Crypto Payment Solutions

[PRESS RELEASE – Please Read Disclaimer] With months going by after Cloudzy first introduced Crypto payment solutions, how has it performed so far? When Cloudzy first introduced the incorporation of cryptocurrency payment gateways as part of their payment solutions, crypto skeptics and fans were both among the interested parties. These changes, which were implemented with the two stated goals of online anonymity and global VPS access, have had enough time to be tested. So now...

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Opinion: A Republican-Led House Will Diminish the Biden Anti-Crypto Agenda

Not long ago, the Republican dominated House of Representatives passed a bill to decrease funding for the Internal Revenue Service (IRS) by $70 billion. The bill is slated to wipe out support for the 87,000 agents being hired by the Biden administration, and most Americans are breathing a sigh of relief right about now. Biden Is Getting a Taste of His Own Medicine For crypto holders, the news is way better than expected. The fact is that the Biden administration has...

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