Popular social media giant Twitter has announced that it is developing a whole new division devoted entirely to cryptocurrency and blockchain technology. Twitter Is Building Its Own Crypto Department The department—known as Twitter Crypto—will focus on several growing aspects of the digital currency space including crypto payments, non-fungible tokens (NFTs), and decentralized services. A company spokesperson explained in an interview: Blockchain and crypto are unlocking...
Read More »Crypto Scams: Are Things Getting Out of Hand?
Scams, scams, and more scams… It seems whenever we look at news relating to crypto as of late, it’s all we hear about, and according to several tech experts, the problem is getting worse. Crypto Scams Are a Serious Problem Scams have always occurred in the digital currency industry, but they have become more elaborate as time has gone by and the space has undergone change. For example, it used to be that a cyberthief ultimately gained control of the assets in a digital...
Read More »Two Siblings Have Seen Their Crypto Mining Business Grow to Unprecedented Levels
Not long ago, Live Bitcoin News discussed two siblings – 14-year-old Ishaan Thakur and his nine-year-old sister Aanya – and how they began their own cryptocurrency mining business. They started out earning only about three dollars on a single day, but eventually, things rose to such prominence that they began earning $30,000 per month and even established their own cryptocurrency. Two Siblings Started a Mining Business That Continues to Expand Today, since opening their...
Read More »Bitcoin at $68,000 – It’s Highest Peak to Date!
Bitcoin – the world’s number one digital currency by market cap – has hit a new all-time high of roughly $68,000 per unit. Bitcoin Hits a New Peak While the currency is back down in the $67,000 range at the time of writing, we are clearly seeing a strong pattern. 2021 has been the year of all-time highs for bitcoin, as the currency first rose to about $64,000 per unit before stepping back and rescinding some of its gains. The bearish period that came soon after lasted...
Read More »Mastercard Partners with Multiple Financial Firms to Establish Prepaid Crypto Cards
Credit card giant Mastercard has partnered with three distinct companies in Asia and Australia to offer digital currency payment cards to its customers. Mastercard Is Pushing the Crypto World Forward The companies assisting Mastercard’s newfound crypto agenda are Bitkub, a crypto exchange in Thailand; crypto finance firm Amber Group, and Australian trading platform Coinjar. While the payment cards being issued will not allow people to utilize crypto directly for...
Read More »The U.S. Justice Department Takes Back a Lot of Stolen Crypto
The United States Justice Department has seized more than $6 million in digital currency funds that were allegedly garnered through ransomware attacks. The Justice Department Is Moving Fast The move comes after the Justice Department recently issued new sanctions against both countries and various global exchanges that had potentially been part of collecting ransomware funds and laundering the money. Several arrests of alleged hackers have also taken place as the Justice...
Read More »Landry’s Paves the Way for Restaurant Fans to Earn BTC Rewards
If you like steak, shrimp, and beer, you might be able to garner cryptocurrency rewards for purchasing them. Restaurants such as Bubba Gump Shrimp, Morton’s Steakhouse, and the Rainforest Café – all owned by a corporation called Landry’s – are giving customers a chance to earn digital currency rewards whenever they dine in depending on what meals or products they buy. Landry’s Permits BTC Rewards for Buying Shrimp and Steak Landry’s has partnered with the NYDIG to...
Read More »Gaucho Group Sells Vineyard Land for Digital Currency
Gaucho Group Holdings, Inc. – an e-commerce company that focuses on luxury items such as fine wines, leather goods and estates – has announced a major land sale that is going to be used for producing and growing vineyards. What’s the big clincher? The entire transaction occurred via cryptocurrency. Gaucho Group Is Pushing Crypto Forward The lot was available through a division of Gaucho known as Algodon Wine Estates. The firm concentrates primarily on wine-related...
Read More »Apple CEO Tim Cook Says His Company Is “Looking at” Crypto…
Apple CEO Tim Cook has confirmed that he is a cryptocurrency owner, though he did not specify which coins he owns, nor did he mention how much his stash is worth. Even more important is that the tech mogul hinted his company is potentially looking into crypto offerings. Tim Cook on Crypto In a recent interview, Cook was approached directly by a reporter and asked if Apple would, at some point, delve further into the cryptocurrency space. The answer Cook gave was somewhat...
Read More »Will Zimbabwe Be the Next Nation to Declare BTC Legal Tender?
The African country of Zimbabwe is allegedly the next nation looking to make crypto legal tender. Regulators have released a statement claiming that they are examining the prospects of allowing bitcoin and its altcoin cousins to be used as forms of payment for goods and services. Zimbabwe Is Looking at BTC as a Currency Clearly, the nation is taking a page out of El Salvador’s book. The Central American region became the first country in the world two months ago to...
Read More »