Tag Archives: News

If you’re in Ohio, Kentucky, or Indiana and you fancy purchasing an automobile with cryptocurrency, you may want to stop by the Jeff Wyler Automotive Family auto center. Recently, the company completed its first vehicular cryptocurrency sale, having sold a certified pre-owned 2021 Mercedes-Benz S580 to someone in Saudi Arabia. Jeff Wyler Automotive Sells a Mercedes for Crypto The news is solid in that it’s pushing the goals of cryptocurrency and bitcoin closer to being...

Several bitcoin advocates – including Jack Dorsey of Twitter fame, Tom Lee from Fundstrat, and Michael Saylor (the CEO of MicroStrategy) – have penned a letter to congressional democrats who are asking that the Environmental Protection Agency (EPA) examine the effects of crypto mining on the planet. Crypto Mining Isn’t the Monster Everyone Thinks It Is The letter is aimed at getting these democrats to rescind their order to have the agency look at the emissions of said...

Elon Musk – the South African billionaire and entrepreneur known for both Tesla and SpaceX – has purchased Twitter from Jack Dorsey. The irony of the situation is that one of the world’s biggest social media platforms is being sold by one of the largest crypto fans to one of the largest crypt fans. Elon Musk Is Now Twitter’s New Owner Elon Musk has sworn up and down that his ownership of Twitter will bring about a new level of free speech that many users have not been...

2022 has been a rough year thus for crypto investors in the sense that bitcoin and many of its altcoin cousins have had a hard time keeping their prices stable. However, the year has also been difficult because thieves have become so prominent in the space. At the time of writing, it appears crypto thieves have stolen more than $1.2 billion in crypto funds in 2022, and we’re not even at the halfway point. Why Are Thieves So Prominent in the Crypto Industry? Mitchell...

It’s always disappointing when someone decides bitcoin isn’t any good. No matter how much the world’s number one digital currency has accomplished in the last few years, it seems there will always be doubters, and amongst them are Berkshire Hathaway executives Warren Buffett and his vice chairman Charlie Munger. Warren Buffett Still Hates Bitcoin At a recent shareholder meeting in Omaha, Nebraska, Buffett was quick to strike down bitcoin and comment about how weak it...

Switzerland is a country that’s doing all it can to aid bitcoin’s reputation. The nation is home to the town of Zug, which hosts what’s known as “Crypto Valley,” a region that takes part of its name from Silicon Valley in northern California. Switzerland Is Doing All It Can for Crypto While the latter is known for housing some of the world’s largest tech companies – such as Facebook, Google, and Microsoft – the former hosts several crypto and blockchain firms that are...

Eric Adams – the mayor of New York City – has suggested doing away with the dreaded BitLicense as a way of allowing New York to become more competitive in the crypto and blockchain worlds. Will New York Get Rid of the BitLicense? The BitLicense was first introduced in 2014. The document made things very hard for crypto companies seeking to establish presences in the Big Apple. It also made it very difficult for them to gain customers. Under the BitLicense, things became...

Leading African PR firm African Media Agency is forming a partnership with Tech Next, a tech-based media enterprise that seeks to educate its readers on digital currency and blockchain trends. African Media Agency Will Help Crypto in Africa Get Bigger In addition, the partnership will provide visibility to Coinference 2022, which is set to occur in early October of this year. Coinference is a special conference that takes place to assist the growing cryptocurrency arena....

Binance is looking to create several educational programs for crypto traders in India. The world’s largest and most popular crypto exchange by daily trading volume is producing three key educational initiatives and will provide access to several blockchain and crypto-based learning materials. Binance Is Creating Classes for Traders in India Leon Foong – head, APAC, Binance – explained in an interview: This represents an opportunity for us to play our role in educating...

The Blockchain Group is working to prevent members of Congress from passing legislation that would place sanctions on oligarchs or individuals in Russia for using cryptocurrency. The organization claims that these people are not using crypto for illicit purposes and thus they do not deserve to be punished. The Blockchain Group Seeks to Prevent Various Crypto Laws Sanctions have been placed on Russia since the country allegedly invaded Ukraine last February. There are...