Gazprombank to Offer Bitcoin Services and Custody – Switzerland Approves
A subsidiary of Russia’s third-largest bank, Zurich-based Gazprombank, has received the approval of Switzerland’s financial regulator to offer Cryptocurrency and Bitcoin services to its clients. The bank now offers services including trading, buying, selling, and custodian services for Bitcoin. Cryptocurrency and Bitcoin Services Gazprombank (Switzerland)…
New Iranian Legislation to Fund Its Imports by Bitcoin
With the U.S.’s withdrawal from the nuclear deal with Iran in May 2018, reinstating economic sanctions, the economy of Iran faced an ongoing recession. The country’s national currency, the Rial lost close to half of its value against the U.S. dollar. Many Iranians now look…
PayPal ‘s launch on Crypto Services from Investor’s Eyes – ‘Bitcoin is No Longer Optional’
PayPal Holdings Inc announced a few days ago it would allow its clients to hold Bitcoin and other cryptocurrencies in its online wallet. The customers can use their crypto to shop online at the 25 million merchants on PayPal’s network. Many Bitcoin and Crypto users…
Room 77 – World’s First Bar to Accept Bitcoins Closes
Room 77 – German Restaurant & retail venture to first accept Bitcoins and cryptocurrencies closing its doors for business. Close to a decade, the restaurant situated in Berlin became a landmark for the crypto society. The owners did not mention any specific reason for the…
Kate Winslet to Star in Newest Crypto Movie “Fake”
Deadline reports that Oscar Award-winning actress Kate Winslet has accepted to take part in the newest MGM movie “FAKE.” The movie is based on an unpublished book by Jen McAdam and Douglas Thompson. This movie is about a true story told by a victim of…
Bitcoin To Hit $100,000 in Five Years – Bloomberg
Mike McGlone, an analyst of Bloomberg, is predicting that Bitcoin will achieve the price target of US$ 100,000 by 2025. His predictions are based on historical data and trends of Bitcoin. He is also considering the four years of the price range in which Bitcoin…
John McAfee Arrested in Spain on Allegations of Tax Evasion
John McAfee, the 74-year-old cybersecurity millionaire, and former presidential candidate has been arrested in Spain on allegations of tax evasion and awaiting extradition to the U.S. If convicted he will have to spend up to five years behind bars for charges of tax evasion and…
How Many Big Macs Can a Bitcoin Buy You?
The Economist invented the Big Mac Index in 1986, which acts as a guideline whether currencies are at their “correct” level. The index is based on the theory of purchasing-power parity (PPP.) The idea is that in the long run, currency exchange rates should move…
Satoshi -era Bitcoins Worth Half a Million Dollars Just Transferred to Bitfinex
BTCparser, a Telegram bot, picked up a 50 Satoshi -era Bitcoin move which, is worth US$527,120 as of today. The transferred coins are now with a hot wallet belong to the cryptocurrency exchange Bitfinex. Those 50 BTC mined back in 2010 when it was introduced…
Darknet Bust Leads to Seizure of Millions in Crypto, and Drugs
The US Department of Justice published the insights of a recent darknet marketplace seizure. The authorities have managed to apprehend so far 179 people that have connections with the marketplace. They have also seized close to US$ 6.5 million in cryptocurrency and cash. The inventory…
