Bitcoin News

Bitgo Chosen to Manage Seized Cryptocurrencies for the US Marshals Service

The U.S. Marshals Service has published a contract showing the crypto custodian Bitgo has been chosen to manage law enforcement’s seized bitcoin acquired through criminal forfeiture. The contracted deal is $4.5 million for the storage, maintenance, and disposal of...

Torum Closes Million Dollars Private Round to Create Social Media Platform With NFT and DeFi

PRESS RELEASE. Torum, a social media platform specially designed for cryptocurrency users, is proud to announce that the project is now backed by some of the most promising VCs in the crypto industry. The $1.45M private round was participated by 13 private investors...

Egypt’s Growing P2P Volumes Being Driven by Crypto Traders Under the Age of 34

A recent market report by Localbitcoins suggests that traders or holders under the age of 34 are driving crypto volumes in Egypt. This rise in Egyptian crypto transactions is evidenced by P2P data which shows the crypto asset’s weekly traded volumes averaging $205,000...

Nigerians Shun Local Currency— Seek to Protect Wealth From Inflation and Currency Depreciation with Foreign Currency

Nigerians are thought to be accumulating foreign currencies which they believe will protect their wealth from the naira’s volatility as well as the surging inflation. Further, as a research paper in a journal published by the Central Bank of Nigeria (CBN) found,...

National Court of Spain Takes the Investigation of the Alleged Ponzi Crypto Scheme Arbistar

The investigation against an alleged major Spanish Ponzi crypto scheme will now be in charge of the National Court of Spain. A judge from the national legal instance is now taking the investigation of Arbistar after the inhibition of a judge in Tenerife. Economic...

NFT Weekly Roundup: Polygon’s Sustainable Minting, Oscars NFTs, And, Yes, Poop Emoji NFTs

As another busy week comes to an end, the NFT universe witnessed many new developments. From Polygon teaming up with leading brands to unique new collectibles up for grabs – here are the top NFT news bytes of the week. Polygon to Offer A Sustainable Way of Minting...

TimeCoin (TMCN) Offers New DeFi and NFT Opportunities for Content Creators and Fans

TimeCoinProtocol is a decentralized sharing economy platform for dApp developers to easily create and operate new services. It has a successful eSports dApp and the company will soon launch NFT marketplace and DeFi functionalities that offer amazing opportunities for...

Report: Banking Giant Natwest to Refuse Service to Businesses That Accept Cryptocurrencies

The major retail and commercial financial institution National Westminster Bank (Natwest) has categorized cryptocurrencies as “high risk” and refuses to serve business customers who accept digital assets for payments. A Natwest board member, Morten Friis, explains the...

Bitcoin vs Gold Debate: Frank Giustra Says BTC Not the Answer to All Problems, Crypto Proponents Exhibit Cult Behavior

The bitcoin vs. gold debate between gold financier Frank Giustra and the pro-bitcoin Microstrategy CEO Michael Saylor took place this week. In what viewers call an “epic” debate and a “historic” event, Saylor packed his arguments full of facts to convince Giustra to...

Another US City Aims to Become Bitcoin Hub — Exploring BTC Payroll, Mining, Holding Crypto in Balance Sheet

Another U.S. city, besides Miami, is looking to become a bitcoin hub. The mayor of the city of Jackson TN says that his city is exploring payroll conversions in crypto in addition to bitcoin mining to add the cryptocurrency to its balance sheet. Jackson TN Looking to...

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