Archives for: August 16th, 2021

The UK has ordered Binance to find $2.6 million stolen in Fetch.ai hack

Written by: ( August 16, 2021 )

The world’s biggest cryptocurrency exchange has some tough work to do. It has been ordered by London’s High Court to help locate and freeze the accounts of cybercriminals who stole $2.6 million worth of cryptocurrency in a recent hack. An adjudicator conceded the solicitation of Fetch.ai, an artificial intelligence (AI) FinTech firm, for Binance to […]

Messi reportedly earns cryptocurrency fan tokens to join PSG

Written by: ( August 12, 2021 )

Soccer star Lionel Messi’s signing with Paris St Germain (PSG) in France reportedly incorporates a portion of the French soccer club’s cryptocurrency fan tokens, in the most recent high-profile endorsement of digital assets. The Argentine, 34, left Spanish side Barcelona and marked a two-year contract with Qatari-claimed PSG, with a possibility for a third year, […]

Cryptocurrency exchanges are sponsoring sports teams more than ever

Written by: ( August 10, 2021 )

For more than 25 years, the logo of Italian tire manufacturer Pirelli has graced the shirts of Serie A soccer champions Inter Milan. However, this season, Inter’s striped shirts are now encrypted. With the expansion of cryptocurrency and blockchain innovation, the organizations behind the early business are progressively turning to sports sponsorships to speed up […]

Coinbase now accepts Apple Pay to purchase cryptocurrency

Written by: ( August 6, 2021 )

The cryptocurrency exchange Coinbase announced today that users of the platform are now able to purchase digital currency and other digital assets using Apple Pay. It marks a significant advance for the interaction between fiat and cryptocurrency, with Coinbase adding that it will be adding Google Pay integration possibly sometime later this year. This follows […]

Spain legislation would authorize cryptocurrency mortgage payments

Written by: ( August 4, 2021 )

Spanish legislators are backing a legal drive to legitimize the cryptocurrency and blockchain industry by proposing a new bill on how digital currencies can be spent. The new draft bill was presented by the Spanish political group the People’s Party (PP) and wants to drive advancement in numerous industries through regulated innovation. Notably, the bill […]

NCR acquires cryptocurrency payments solutions LibertyX

Written by: ( August 2, 2021 )

NCR Corporation, the global company closely associated with payments in stores, restaurants, bars and more, has signed a definitive agreement to buy LibertyX. This could potentially mark a huge step forward for cryptocurrency, as LibertyX is a leading cryptocurrency software provider that is already seeing integration with payment platforms around the world. The LibertyX cryptocurrency […]

Israel wants to track cryptocurrency holders

Written by: ( July 29, 2021 )

The Israeli government is tightening up its endeavors to discourage tax avoidance and close provisos for would-be tax criminals as a component of a “battle against dark capital.” Among the actions laid out in another draft bill distributed by the Ministry of Finance this week, another legal necessity is being proposed to put cryptocurrency holders […]

IMF tries to convince countries not to embrace Bitcoin

Written by: ( July 27, 2021 )

The International Monetary Fund (IMF) is cautioning that a portion of the results of a country recognizing Bitcoin (BTC) as legal tender could be “dire.” As indicated by IMF advertising division financial counselor and director Tobias Adrian and legal general counselor and director Rhoda Weeks-Brown, a digital currency like BTC may find a place in […]

Global cryptocurrency ATMs on the rise

Written by: ( July 27, 2021 )

As cryptocurrency adoption continues to increase, so does the global crypto ATM network. Recent data from Coin ATM Radar’s shows that the number of ATMs has seen a spike this year compared to last year, with 71.73% more tellers being installed in 2021. This has pulled up the number from 13,993 on January 1, to […]

Currency.com now a member of CryptoUK

Written by: ( July 22, 2021 )

Currency.com has connected with CryptoUK to help controllers and policymakers implement a new structure and measures to administer the UK’s growing cryptocurrency industry. As digital currency continues to see increased adoption in the UK, they have immediately become the focal point of consideration by the Financial Conduct Authority (FCA), which directs the cryptocurrency AML (anti-money […]