“We just have to be brave… But not too brave or else Matt Damon will come and take all our money,” said characters on the animated series, hinting at the crypto market downturn. More than three months after its release, the ad from crypto exchange Crypto.com featuring Hollywood star Matt Damon was the subject of…
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“We are taking proactive measures to shut down operations, shed load and create additional capacity in response to ERCOT’s needs should it be necessary,” said the Texas Blockchain Council on behalf of mining firms. With Winter Storm Landon expected to hit parts of Texas this week, major crypto mining firms are powering down in anticipation…
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Patrick Sells, the NYDIG’s chief innovation officer, said the Bitcoin payment plan was aimed at letting companies offer a benefits package to prospective employees. The New York Digital Investment Group, or NYDIG, has launched a benefit program allowing employees of participating companies to convert a portion of their paychecks into Bitcoin. In a Tuesday announcement,…
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Restricting the number of spectators at the major international sporting event will “likely further delay the mass adoption of the digital currency,” according to the Foundation for Defense of Democracies’ Craig Singleton. Though athletes and support staff arriving for the Beijing 2022 Olympics still have the option of using digital currency for payments at many…
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Decentraland and Paris Hilton plan competing virtual New Year’s Eve celebrations, while ProShares plans to launch a metaverse-tracking ETF. Following the announcement that Facebook’s parent company would be rebranding in a shift towards the Metaverse, many projects have started similar initiatives entering the virtual space, from buying property to testing the limits of what this…
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The company’s holdings are valued at roughly $5.9 billion, representing more than $2.1 billion in gains since its initial purchase in August 2020. Business intelligence firm MicroStrategy has added $94 million worth of Bitcoin (BTC) to its holdings after purchasing the crypto asset at an average price of $49,229. According to a Thursday filing with the…
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The forthcoming crypto wallet will allow users to deposit and withdraw Bitcoin, Ether, Dogecoin and other tokens, the company said. Cryptocurrency and stock trading app Robinhood plans to roll out the beta version of its digital wallet feature starting in January 2022. In a Wednesday blog post, Robinhood said tens of thousands of users currently…
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The exchange plans to verify users’ names and resident registration details to ensure crypto transactions were “not used for illegal activities such as money laundering.” South Korean crypto exchange Coinone has announced it plans to no longer allow withdrawals of tokens to unverified external wallets starting in January. In a Wednesday announcement, Coinone said users…
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Stablecoins like USDT are under scrutiny in the United States, with some lawmakers calling for greater regulatory oversight of the industry. Cryptocurrency derivatives exchange FTX is calling on banks to reach out and discuss the possibility of accepting stablecoins in exchange for a $1 million reward. In a Tuesday Twitter post, FTX said it was…
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“To be paid in Bitcoin and not give me any pushback on it whatsoever, was huge in the decision,” said MMA fighter Kevin Lee on signing with Eagle FC. Kevin Lee, a professional mixed martial arts fighter, has said a major factor in his decision to sign with a new promotion company was Bitcoin (BTC).…
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