Tag Archives: crypto

More and more companies out there are looking to pay their younger workers in crypto as a means of keeping them aboard. Why More People Are Getting Paid in Crypto One example comes in the form of Stephen Gerrits, who is a senior at Clemson University in South Carolina. He has a part-time job with a startup and gets paid in crypto, something he’s clearly pleased about. He said in a recent interview: Why not take the chance or the opportunity to kind of strike it rich, get...

After touting a new bill that would potentially regulate crypto and declare it a new financial sector within the country’s borders, India has announced it will not be moving forward on the bill at this time. To be fair, this doesn’t mean a ban will be put in place. It just means officials are delaying a decision that was supposed to be made during this winter season in India’s Parliament. India Has Hit a Standstill News emerged less than a month ago that India had...

Who would have ever thought that blockchain and real estate could make such a fantastic couple? Real Estate and Crypto Are Becoming Serious Partners There are many instances of real estate being recorded to the blockchain, but it’s quite rare when someone purchases a piece of real estate with cryptocurrency. However, these instances do occur, such as a recent transaction in the city of Miami, Florida. Someone recently purchased a $22.5 million Miami Beach condo with...

American banking and investment firm Lion Tree has stated that it is looking into accepting crypto as a means of payment in the future. Lion Tree Says It’s Looking into BTC Payments The whole idea behind bitcoin and its many crypto counterparts was that they would eventually be used as spending tools. They would ultimately outdo the abilities of credit cards, fiat currencies, and checks to serve as the means of buying goods and services for everyday needs. However, this...

Jefferies has issued a new report claiming that crypto has given birth to a whole new generation of luxury spenders in the United States. Crypto May Be Limiting the Wealth Gap in the U.S. The wealth gap has never been more noticeable in America. The difference between rich and poor has been quite evident over the past ten or 12 years, but now it looks like things are taking on an even larger form. With inflation at an all-time high and problems in the supply chain,...

Bitcoin hasn’t been doing all that well as of late. The world’s number one digital currency by market cap has seemingly dropped below $50,000 and has stayed there for the past two weeks or so, but while BTC has struggled in the past, the Bank of England has issued a statement explaining BTC has the potential to become “worthless” in the future. The Bank of England Expresses Crypto Concern In New Report In a recent report published by the financial institution, executives...

The government of India has announced in a statement that despite submitting a bill to regulate crypto and recognize it as an asset class rather than ban it, it will not engage in any marketing or promotion of the cryptocurrency industry. India Is Not Looking to Market Crypto Not long ago, crypto investors in India got some good news when the country announced that its previous plans of banning all digital currencies were likely to become null and void. Rather,...

Law enforcement agents in Ho Chi Minh City in Vietnam have arrested nearly 60 people involved in what may be the biggest online crypto-based gambling ring in history. Thus far, more than $3.8 billion in crypto-based transactions have occurred at the hands of the organization. Gambling Like This in Vietnam is a Big No-No… The operation occurred in a very hush hush way, with several gamblers involved registering their crypto wallets on a foreign platform known as Remitano...

Several leading crypto exchange executives have been called in to testify before a committee on December 8. The committee will be made up of several members of the U.S. Congress, all of whom have questioned the presence of crypto in America and have previously called for stricter regulation. The Committee Wants to Know More About Crypto Among the witnesses called to testify before the committee are Alesia Haas of Coinbase fame, Jeremy Allaire from Circle, and Brian...

One of the biggest problems that bitcoin and other cryptocurrencies have faced is that they were initially designed to serve as payment tools, though very few companies have shown a willingness to accept them alongside credit and debit cards or cash. However, thanks to firms like Fast Private Jet, this is changing quickly. Fast Private Jet Allows Digital Currency Payments for Plane Rides Fast Private Jet is a charter flight company based in Italy. It began accepting...