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Tag: Bitcoin

Settlements in Bitcoin to Be Implemented in Bahrain by OpenNode
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Settlements in Bitcoin to Be Implemented in Bahrain by OpenNode

September 16, 2022September 16, 2022

  Bahrain’s apex bank, the Central Bank of Bahrain is perfecting an arrangement with OpenNode to provide payment settlements using Bitcoin. The move by the

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Bitconnect Establisher on the Run After Heavily Defrauding a Client
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Bitconnect Establisher on the Run After Heavily Defrauding a Client

August 20, 2022

Satish Kumbhani, the establisher of BitConnect is on a wanted list by the Police in India, for his role in a Bitcoin scam involving him

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Receipt of Less Than 27,000 Drilling Tools From Stronghold to Offset Huge Debt
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Receipt of Less Than 27,000 Drilling Tools From Stronghold to Offset Huge Debt

August 19, 2022

A deal is being worked out between the SDIG, an acronym for Stronghold Digital Mining and its New York counterpart, the NYDIG over the repayment

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Salary to Bitcoin Conversion Now Possible for New York Yankees
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Salary to Bitcoin Conversion Now Possible for New York Yankees

July 30, 2022

A new framework now exists between the NYDIG and the New York Yankees. Payroll members of the latter can convert what remains of their after-tax income into Bitcoin. An investment trust, New York Digital Investment Group LLC (NYDIG) has just signed a long-term contract with the New York Yankees, to enable the

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Leading Singapore Crypto Financier Enmeshed in Massive Debt Crisis
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Leading Singapore Crypto Financier Enmeshed in Massive Debt Crisis

July 22, 2022July 23, 2022

A cryptocurrency trading platform, Vauld, domiciled in Singapore, is currently making efforts to wriggle its way out of a huge debt owed to its numerous

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Nearly 180,000 ATMs to Dispense Bitcoin – US Hyosung Company
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Nearly 180,000 ATMs to Dispense Bitcoin – US Hyosung Company

July 15, 2022

The US subsidiary of Hyosung just concluded a deal with DigitalMint, a company that makes it possible to convert cash into crypto. Under the arrangement,

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Report: Tesla’s Value Diminishes Over $440 Million Worth of Bitcoin Assets
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Report: Tesla’s Value Diminishes Over $440 Million Worth of Bitcoin Assets

July 5, 2022July 5, 2022

In one of its columns, a news magazine, The Telegraph reported that Tesla would soon make public, details of colossal losses accruing to the company

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Thousands of Salvadorans Reportedly Protest Against President Bukele’s Bitcoin Law
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Thousands of Salvadorans Reportedly Protest Against President Bukele’s Bitcoin Law

September 15, 2021

Thousands of Salvadorans took to the streets on Wednesday to express their dissatisfaction with the enactment of a law that makes Bitcoin legal in El

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China’s Beijing Shuts Down Software Firm Suspected to Provide Services to Crypto Companies
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China’s Beijing Shuts Down Software Firm Suspected to Provide Services to Crypto Companies

July 6, 2021July 6, 2021

The People’s Bank of China (China’s central bank) has collaborated with authorities in the country’s capital, Beijing, to shut down a software company alleged to

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Man Loses $1M Worth of Bitcoin to Fake Trezor App on Apple Store
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Man Loses $1M Worth of Bitcoin to Fake Trezor App on Apple Store

March 30, 2021

A certain Phillipe Christodoulou has reportedly lost 17.1 BTC (worth appr. $1.04 million) to a fake mobile app that he downloaded from the Apple Store.

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