Bitcoin

Magnus Carlsen, NFT

Chess grandmaster Magnus Carlsen given with the NFT trophy, after tournament win

alsoGrandmaster Magnus Carlsen has been awarded a nonfungible token (NFT) trophy for winning an international chess tournament, the Meltwater Champions Chess Tour, for the first time in chess history (MCCT). To indefinitely preserve the game’s most defining moments, the tournament produced a number of NFT trophies and collectibles. Carlsen expressed his gratitude to the cryptocurrency […]

Brazil wants to tight the penalties for financial crimes involving crypto

Brazil wants to tight the penalties for financial crimes involving crypto

Brazilian lawmakers have approved a set of new penalties for laundering money with cryptocurrency. As part of their efforts to create stricter regulations for cryptocurrency-related crimes. According to an official announcement on Wednesday, Brazil’s Special Committee of the Chamber of Deputies has approved a bill. That significantly tightens penalties for financial crimes involving cryptocurrencies like […]

genesis

Genesis is experimenting with end-of-day pricing for institutional crypto futures products

Genesis Global Capital, a cryptocurrency brokerage firm, has announced the completion of a first-of-its-kind trade. That will pave the way for new institutional crypto futures products. Genesis has completed the first-ever OTC block trade of a Basis Trade at Index Close (BTIC) transaction using Bitcoin futures contracts issued by the Chicago Mercantile Exchange (CME). According […]

crypto, Chile's opposition leader owns Ethereum, But he is a skeptic of the crypto

Chile’s opposition leader owns Ethereum, But he is a skeptic of the crypto

Although he calls himself a crypto “skeptic,” a Chilean opposition party leader has called for crypto to be recognized. As an asset class and claimed to have ethereum (ETH) holdings. According to a report from DF Mas, Giorgio Jackson, the founder of the Democratic Revolution political party. Which has ten seats in the lower chamber […]

T-Mobile is looking at a possible data breach affecting 100mn users

T-Mobile is looking at a possible data breach affecting 100mn users

T-Mobile, the largest wireless carrier in the United States, is investigating an alleged massive data breach. That could have affected more than 100 million customers. T-Mobile is investigating an alleged data breach claimed by the author of the post on an underground forum. According to Vice’s Motherboard. According to the report, the hacker claims to […]

Israel’s national intelligence agency, Mossad

Israeli intelligence agency Mossad is looking for a crypto expert

Mossad, Israel’s national intelligence agency, has advertised a position for a cryptocurrency expert with at least three years of experience in the fintech industry. Moreover, according to the job description, the candidate must have “in-depth technological understanding. And expertise in the worlds of fintech, e-commerce, DEF, and digital currencies.” The job description simply states that […]

Alchemy Pay

Alchemy Pay to introduce virtual crypto cards with Visa and Mastercard support

Alchemy Pay, a hybrid crypto-fiat platform, announced on Monday, that it will launch virtual crypto-linked cards accepting more than 40 cryptocurrencies such as Bitcoin (BTC). The new cards can link to Google Pay and PayPal digital wallets. And they can make payments across the Mastercard and Visa networks. As well as popular e-commerce platforms such […]

According to Michael Saylor, there’s no reason to hold Bitcoin for 100 years

MicroStrategy’s CEO, Michael Saylor, has steadfastly defended the company’s bullish, long-term Bitcoin (BTC) position. Citing the cryptocurrency’s unique potential to evolve into “the future of the property.” MicroStrategy’s big bet on Bitcoin, which it has turned to the debt markets to sustain. Is the “highest upside, lowest risk strategy”. The company can pursue, Saylor argued […]

IMF

Making Bitcoin a national currency, according to the IMF, is a “inadvisable shortcut”

The International Monetary Fund (IMF) has issued a new warning as El Salvador prepares to make bitcoin (BTC) legal tender in September. The move is “an inadvisable shortcut,” according to the IMF. While governments must “step up” to provide the benefits offered by the technology underlying cryptoassets. As well as leverage new, digital forms of […]

bitcoin mining

Difficulty of mining bitcoin has decreased for the fourth time in a row

Despite China’s ongoing crackdown on cryptocurrency mining, mining new Bitcoin (BTC) is becoming easier, with BTC’s mining difficulty dropping yet again. According to data from Bitcoin explorer BTC.com, the Bitcoin network experienced its fourth consecutive negative adjustment of mining difficulty on July 18, dropping 4.8 percent. The most recent mining difficulty adjustment took place at […]