Crypto news

The Dallas Mavericks have a special promotion set to last through the end of September. Right now, if you purchase at least $150 worth of merchandise with bitcoin or cryptocurrency, you can earn a $25 gift card. The move is just the latest brought forth by Mark Cuban as a means of pushing crypto forward. The Dallas Mavericks are So Crypto Savvy The Dallas Mavericks were one of the first teams to permit bitcoin payments for tickets and merchandise. Interestingly, the team...

A man named Andrew Schober is accusing two young men in Britain of stealing his cryptocurrency fortune and refusing to give it back. Andrew Schober Is Working to Get What’s His The situation is unique in the sense that the two culprits in question were initially still minors when they committed the theft. Named Benedict Thompson and Oliver Read, both are alleged to have stolen the money three years ago in 2018 from Schober, who allegedly owned a crypto wallet known as...

Stellungnahme von Electronic IDentification (eID), dem weltweit anerkannten Spezialisten für asynchrone Video-Identifikationslösungen und Qualified Electronic Signature (QES), über die Rolle der angestrebten europaweiten Vereinheitlichung der "digitalen Identität" zur Bereitstellung von länderübergreifenden Diensten sowohl im Finanz- und Immobiliensektor wie auch bei der öffentlichen Verwaltung. Erklärt wird im Artikel zudem, wie sicher QES-Verfahren zur Validierung...

The leading British financial institution – Standard Chartered – reportedly became the first bank to join the Global Digital Finance (GDF) Patron Board. StanChart, together with the rest of the members, will work together to accelerate the adoption of best practices across the digital assets landscape. StanChart’s Latest Crypto Endeavor The multinational banking and financial services company – Standard Chartered – has joined the Global Digital Finance. With that move, it...

El Salvador is all set to make bitcoin legal tender by next week, and yet already the country is experiencing a lot of resistance and fear from its own people. El Salvador Is Pushing Bitcoin, But Not Everyone’s Happy In many ways, bitcoin is still a new – and struggling – technology. The world’s number one digital currency by market cap, like many of the globe’s cryptocurrencies, was initially designed to serve as a payment tool; something that would ultimately push...

FOR RELEASE ON SEPTEMBER 1ST 11:00 A.M. EST [PRESS RELEASE] – Singapore (Sep 1st, 2021) aelf announced its mainnet token swap to start on September 9th. The ELF mainnet swap can be executed manually on aelf website or automatically via exchanges, following a 1:1 ratio. This event will be an opportunity for ELF holders, developers, and Dapps users to get access to this inaugural event to spark the Web 3.0 era on aelf. aelf mainnet token swap marks a preliminary success of aelf...

Code within a recent Twitter beta suggests that the company is integrating a Bitcoin payment option for its new “Tip Jar” feature with the help of the lightning network. Tipping With Bitcoin Though Bitcoin tips are not yet available to beta users, code reveals that it could soon be implemented as a payment option alongside Cash App, Bandcamp, Patreon, Venmo, and PayPal. For the unfamiliar, users of the network will be guided through a Bitcoin tutorial, including details about...

The popular DeFi protocol Cream Finance, which became the latest hack victim earlier this week, will allocate 20% of all the fees it charges to repay the affected customers. Additionally, the project has offered a bug bounty to the still unknown perpetrators and up to 50% for third parties who can assist with recovering the funds. What Happened to Cream? CryptoPotato reported earlier this week when Cream Finance – a permissionless, open-source, blockchain agnostic platform –...

BTC finished August on a positive note, printing the second consecutive monthly candle higher, completing an increase of 13.6%. This is quite notable for the largest cryptocurrency as the 2018 bear market never saw 2 strong consecutive monthly closes higher. Chart by TradingViewBitcoin’s Near-Term Consolidation BTC continues the near-term consolidation after finding resistance at $50k. So far, bitcoin’s price has held the green zone of support between $48.1k to $46k, where...

The government of El Salvador voted in favor of creating a $150 million Bitcoin Trust. Its role: to convert BTC to USD so the local population can balance their cryptocurrency exposure. The initiative comes less than a week before the Latin American country starts using bitcoin as legal tender. Getting Ready for The BTC Adoption The Legislative Assembly of El Salvador will develop the cryptocurrency infrastructure by creating a $150 million Bitcoin Trust. It will facilitate...