PayPal to Launch a Dedicated Crypto Arm
The CEO of PayPal Holdings, Daniel Schulman announced that they launched a new dedicated business segment to initiate the crypto arm. Schulman made it public during PayPal’s earnings call on last Wednesday. He further said that they will focus much of their resources on blockchain…
Ethereum Skyrockets to $1,000, Will it set a new all-time high?
The world’s second-largest cryptocurrency by market cap, Ethereum, just shot $1,021 today after adding few more hundreds to its final price. Coinmarketcap showed that the coin briefly achieved price at 10:34 UTC today. Ethereum price today is $1,058.06 USD with a 24-hour trading volume of $56,228,937,516…
MicroStrategy Buys Another $50M Worth of Bitcoin
Microstrategy CEO Michael Saylor tweeted on Friday mentioning that the company purchased approximately 2,574 more Bitcoin for $50 million in cash. The billion-dollar company accumulated closer to 40,824 Bitcoins to the date. Their bitcoins are now worth closer to $780 million at the present market…
Bitcoin Hits $18K, Price Increased by 9% within 24Hrs
Bitcoin price rallied to $17,858 with a higher number of volume surge, pushing the price through the $17,100 to $17,300 field. Many analysts predicted the above range would be a powerful resistance level. However, Bitcoin managed to set another high in 2020 by rallying above…
PayPal ‘s launch on Crypto Services from Investor’s Eyes – ‘Bitcoin is No Longer Optional’
PayPal Holdings Inc announced a few days ago it would allow its clients to hold Bitcoin and other cryptocurrencies in its online wallet. The customers can use their crypto to shop online at the 25 million merchants on PayPal’s network. Many Bitcoin and Crypto users…
Room 77 – World’s First Bar to Accept Bitcoins Closes
Room 77 – German Restaurant & retail venture to first accept Bitcoins and cryptocurrencies closing its doors for business. Close to a decade, the restaurant situated in Berlin became a landmark for the crypto society. The owners did not mention any specific reason for the…
Kate Winslet to Star in Newest Crypto Movie “Fake”
Deadline reports that Oscar Award-winning actress Kate Winslet has accepted to take part in the newest MGM movie “FAKE.” The movie is based on an unpublished book by Jen McAdam and Douglas Thompson. This movie is about a true story told by a victim of…
Darknet Bust Leads to Seizure of Millions in Crypto, and Drugs
The US Department of Justice published the insights of a recent darknet marketplace seizure. The authorities have managed to apprehend so far 179 people that have connections with the marketplace. They have also seized close to US$ 6.5 million in cryptocurrency and cash. The inventory…
Tether ‘s Centralized Power Helped to Refund $1 Million in USDT
$1 Million worth of stablecoins mistakenly sent to the wrong address, recovered with the help of Tether. Due to the centralized nature of the USDT platform, the recovery was possible. Many crypto enthusiasts criticized the centralized design of the Tether cryptocurrency. With the recovery of…
Bitcoin Ransom of $4M demand refused by Argentina Government – Hackers Paralysised Country’s Borders
A $4 million worth of Bitcoin ransom demanded by hackers who hijacked the country’s immigration network was refused by the government of Argentina. The hack crippled the country’s immigration system leading temporary hold of border movements. Cybercriminals who identified themselves as Netwalker – hacked Argentina’s…
