News

Paypal’s Venmo Launches Crypto Trading for 70 Million Users to Buy and Sell Cryptocurrencies

<div class=”featured_image_container”> </div> <strong>Venmo has announced the rollout of its “crypto on Venmo” service, allowing over 70 million users to buy, sell, and hold four types of cryptocurrencies, including bitcoin, using the popular Venmo app. Venmo’s new crypto service further shows Paypal’s commitment to the crypto space, the company detailed.</strong> Venmo Launches Crypto Service Venmo, …

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Whales Move Over $4 Billion in BTC During Sunday’s Market Carnage, 150 Bitcoin from 2010 Spent

<div class=”featured_image_container”> </div> <strong>After bitcoin and a myriad of other crypto-assets tumbled in value on Sunday a number of significant whale movements took place. During the morning trading sessions on Sunday (EST), an old school miner transferred three decade-old coinbase rewards with 150 bitcoin worth more than $8.5 million. Later on in the evening, just …

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Leading Bitcoin Payments Processor Bitpay Joins Crypto Patent Alliance COPA

<div class=”featured_image_container”> </div> <strong>The world’s largest provider of cryptocurrency payment services, Bitpay has announced the company is joining the Square-founded crypto patent effort the Crypto Open Patent Alliance (COPA). Bitpay has been working with blockchain products since 2011 and the firm will share open-source projects and use a shared patent library with the crypto patent …

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Wallstreetbets Reinstates Ban on Cryptocurrency Discussions, Citing Bloomberg Coverage

<div class=”featured_image_container”> </div> <strong>The moderators of the famous Reddit forum Wallstreetbets, known for putting Gamestop (GME) stock prices on the map as a worldwide trending topic, lifted a ban on all discussions related to bitcoin, ethereum, and dogecoin. However, the decision has been reversed after a recently published Bloomberg article.</strong> Bitcoin, Ethereum, Dogecoin Were Allowed …

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NFT Roundup: Tom Brady’s Autograph Initiative, Topps Digital Baseball Cards, Annoying Orange’s 4K NFT Clip

<div class=”featured_image_container”> </div> <strong>The past week has been busier than usual for the NFT ecosystem. Rap stars Jeezy and Riff Raff entered the NFT realm, Hoard introduced its lending platform for NFT-collateralized crypto loans, The Topps Company is dropping its Series 1 Baseball collectibles, super-quarterback Tom Brady is launching his own NFT initiative, Terra Virtua …

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Edward Snowden Plans to Auction an NFT, Proceeds Will Go to Freedom of the Press Foundation

<div class=”featured_image_container”> </div> <strong>The whistleblower and former Central Intelligence Agency (CIA) employee and subcontractor Edward Snowden has revealed he is stepping into the world of non-fungible token (NFT) assets. Moreover, 100% of the NFT sale proceeds will be donated to the Freedom of the Press Foundation.</strong> American Whistleblower Edward Snowden Mints an NFT Edward Snowden …

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Insurance Giant AXA Allows Swiss Clients to Pay for Services With Bitcoin

<div class=”featured_image_container”> </div> <strong>The French multinational insurance firm AXA is now allowing clients in Switzerland to pay for services in bitcoin. The newly added support is part of the company’s “digital future” and stems from customer demand for crypto payments.</strong> AXA Supports Bitcoin Payments In Switzerland AXA has announced it is the first all-lines insurer …

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Investors File Class Action Lawsuit Before the National Court of Spain Over an Alleged $298M Crypto Scam

<div class=”featured_image_container”> </div> <strong>A group of Spaniards filed the first crypto-related class-action lawsuit before the National Court of Spain on an alleged million-dollar scam. The lawsuit targets an individual accused of allegedly scammed over 300 small crypto investors across Spain.</strong> Money Stolen Could Amount Up to $3.58 Billion Per El País, the class-action lawsuit claims …

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Over $750 Million in Bitcoin from the 2016 Bitfinex Hack Moved Today

<div class=”featured_image_container”> </div> <strong>On Wednesday, after bitcoin prices touched a new all-time high, thousands of bitcoins from the August 2, 2016, Bitfinex hack were transferred to unknown wallets. The exact count of <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BTC” target=”_blank” rel=”noopener”>BTC</a> moved from the hack is not entirely clear, but one blockchain parser shows that over 12,208 <a class=”lar-automated-link” …

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Popular Nightclub E11even Miami Reveals Cryptocurrency Payment Acceptance

<div class=”featured_image_container”> </div> <strong>While crypto assets have seen monumental gains this week, the popular nightclub in Florida, E11even Miami will accept bitcoin and a slew of other digital assets for merchandise, beverages, and tables. Following the pandemic, E11even Miami will be reopening on April 23 and will have crypto asset support when the nightlife establishment …

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