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Tag Archives: News

Canadian Internet Provider Oxio Says “Yes” to Crypto Payments

Oxio – an internet provider in Canada – has become the country’s first internet service company to accept bitcoin and cryptocurrencies as methods of payment. Oxio Says “Yes” to Crypto Oxio has partnered with Coinbase Commerce, a platform tied to the popular crypto exchange that allows merchants to accept digital currencies for goods and services. Marc-Andre Campagna – CEO and co-founder of Oxio – explained in a statement: As the first independent digital ISP in Canada,...

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Bill Gross Is a Big Bitcoin Fan

Bitcoin isn’t doing super well as of late. The world’s number one digital currency by market cap has ultimately failed to push beyond the $40K mark despite a lot of pressure to do so, and it looks like it’s having a very hard time moving past $39,000, which is about $29,000 less than where it was just in November. However, that isn’t stopping Bill Gross – the king of bonds – from getting involved. Bill Gross Is Getting into Bitcoin In a recent interview, Gross says he...

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The EU Votes to Keep Crypto Mining in Place

It looks like bitcoin and crypto fans in countries that are part of the European Union (EU) can breathe a sigh of relief today as the continental organization has voted against banning bitcoin mining and proof of work (PoW) modules. The EU Says “Yes” to BTC Mining Not long ago, Live Bitcoin News reported that the EU was looking to potentially end all crypto mining projects within its borders, citing environmental concerns. Finnish Parliament member Eero Heinaluoma was...

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Bit Nile Holdings Establishes Crypto Mining Department

Diversified holding company Bit Nile Holdings, Inc. is creating a whole new division called Bit Nile Mining Solutions that will focus on self-mining bitcoin. Bit Nile Looks to Be a Crypto Mining Solution for All The company is looking to establish partnerships with assorted crypto and blockchain firms such as Bitmain so it can engage in all aspects of crypto mining such as the distribution of equipment, hosting and managing electrical power, repairing miners and...

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Craig Wright Forfeits $43 Million in Interest Payments

Last December, a case between Craig Wright – an Australian computer scientist and the self-proclaimed inventor of bitcoin – and David Kleiman, now deceased, saw Wright having to forfeit as much as $100 million to Kleiman’s family and estate. It was alleged in the case that the two had worked together on various bitcoin-related projects several years prior and that Kleiman never received the financial payouts he was owed. Craig Wright Has to Pay Even More However, while...

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Steve Wozniak Is Convinced BTC Will Hit Six Figures

Steve Wozniak believes that bitcoin is going to explode in the coming years. Echoing sentiment issued by Anthony Scaramucci, he is certain that bitcoin will hit $100,000, though he’s not too sure when. Steve Wozniak Is Confident in Bitcoin In a recent podcast interview, Wozniak discussed the growing bitcoin marketplace and stated that he believes the world’s biggest and most powerful digital currency by market cap is going to exceed everyone’s expectations and hit...

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Will the EU Ban All Crypto Mining?

It looks like all these different countries are taking a page out of what has become the infamous China crypto book. The European Union (EU) is all set to vote on whether to ban bitcoin and cryptocurrency mining given its alleged impacts on the planet. The ban would come through drafted legislation known as the Markets in Crypto Assets (MICA) framework. The EU Will Vote On a Potential Crypto Ban At the risk of sounding preachy, this is getting rather old. How many more...

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Elon Musk: I’m Not Selling MY BTC

No matter how bad the price gets, Elon Musk – the famed South African billionaire behind companies such as Tesla and SpaceX – says he will not sell his digital currency. Elon Musk Loves His Bitcoins The price of bitcoin has experienced some rather rough fluctuations throughout the first few months of 2022. The currency had hit a new all-time high in November of last year, exploding all the way to $68,000 per unit. Unfortunately, while everyone thought for sure that the...

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BTX, a Crypto Exchange for Black Artists, Is Coming Our Way

Akin Adebowale and Ousman Sahko have unveiled BTX, a new crypto and non-fungible token (NFT) marketplace designed to assist black artists. The project was revealed at this year’s SXSW festival along with a new cryptocurrency called Blackrose (BRS) that will serve as the platform’s official asset. BTX Is Ready for Launch Both Adebowale and Sahko stated in an interview that they are truly excited about the developments being made in the crypto space given that digital...

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Sebastien Vachon-Desjardins to Face Trial in U.S. for Crypto Ransomware Scheme

A Canadian government employee thought to be involved in a series of crypto-related ransomware attacks has been extradited to the United States to face judgement. Sebastien Vachon-Desjardins – who worked as an IT consultant for Public Works and Government Services in Canada – is believed to have carried out attacks that led to approximately $28 billion in bitcoin being paid out by targeted individuals and enterprises throughout the Americas. Vachon-Desjardins Will Face...

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