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 »Tech Entrepreneur Zaryn Dentzel Loses Millions in Crypto Following Home Invasion
Police in Spain are investigating the robbery and assault of a bitcoin millionaire who allegedly had his home invaded and a digital fortune stolen. Zaryn Dentzel – the co-founder of Tuenti, a social media network based in Spain – witnessed more than one million euros worth of BTC disappear in an instant. Zaryn Dentzel Is Being Looked at By Medical Staff Dentzel detailed the experience to media outlets in Madrid, where he lives. The 38-year-old tech entrepreneur was...
Read More »Commonwealth Bank in Australia Will Give Customers Access to Crypto
A major bank in Australia known as the Commonwealth Bank will allow users to buy and sell cryptocurrencies through its app. This is a first for such a major institution in the Outback nation. The Commonwealth Bank Is Bringing Crypto to Customers The bank has established partnerships with firms such as the Gemini Exchange in New York and blockchain analysis company Chainalysis to offer the new app to its more than six million users. Individuals can utilize the tool to...
Read More »Bitcoin is Generational Wealth – A Short Film by Matt Hornick and Tomer Strolight – World Premiere
“Bitcoin Is Generational Wealth” is a short film exploring the potential Bitcoin has to extend the timeframe of the projects humanity focuses on and actually achieves. Across recorded history, cycles of rise and fall, both of civilizations themselves and of what they use for money, repeat time and again. We are experiencing another fall now and it is horrifying to observe. However, for the first time in humanity’s existence, something unprecedented arrives – a money that...
Read More »Coinbase Wants a Whole New Regulatory Department to Handle Crypto
In a recent statement, Coinbase – one of the largest and most popular cryptocurrency exchanges in the world – made a case for creating a whole new regulation department to oversee the processing of cryptocurrency transactions. Coinbase Has Some Big Ideas Regarding Crypto Regulation Right now, the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are tasked with examining crypto activity and digital processes. However, these...
Read More »Vladimir Putin May Be Open to Accepting Crypto in the Future
Russian president Vladimir Putin has stated that he is not a big bitcoin hater. In fact, he even hinted in a recent interview that Russia could be the next big country to declare the currency a national payment option in the coming future, though a specific timeline was not given. Vladimir Putin Discusses Crypto The discussion centering around crypto hails from a recent one-on-one Putin had with CNBC. A question regarding oil contracts being settled in crypto rather than...
Read More »Navy Engineer Jonathan Toebbe Arrested for Exchanging Restricted Data for Crypto
Jonathan Toebbe – a nuclear engineer with the U.S. Navy – has been charged with trying to sell secrets regarding the country’s nuclear submarines for cryptocurrency. Toebbe Is Charged with Conspiracy to Pass Along Restricted Data The scheme was allegedly uncovered by the Federal Bureau of Investigation (FBI) in late 2020. Agents posing as foreign nationals reached out to Toebbe with an offer of paying digital currency in exchange for information about the U.S.’s nuclear...
Read More »Jay Clayton: The SEC “Cares” About Securities. That’s Why It’s Involved in Crypto.
As the former Securities and Exchange Commission (SEC) chairman, Jay Clayton oversaw the financial agency for approximately four years. He came down hard on the industry many times, and initiated penalties to companies that claimed their securities were mere “tokens” or “coins” that the SEC held no jurisdiction over. Jay Clayton On the Future of Crypto However, despite this hardcore attitude, Clayton is quite positive about the future of crypto. He thinks that blockchain...
Read More »Bit Pay Allows Verifone Customers to Pay with Crypto
Bit Pay and Verifone are partnering up to allow the latter’s customers to pay for goods and services with digital currencies, thereby bringing the initial goals of bitcoin and its crypto cousins closer to reality. Bit Pay Is Looking to Push the BTC Agenda Forward Initially, bitcoin and many of its counterparts were established to be payment methods. One could use them to purchase things they needed, and they could eventually push the checks, fiat currencies and credit...
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