“Four administrators and personnel of the company were detained on Saturday on allegations of fraud,” Mehmet Nadir Yagci, a prosecutor in the southwestern city of Mugla, said on Saturday, as cited by Reuters. The move was reported shortly after Vebitcoin, one of the top five crypto platforms in Turkey, with …
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The ‘Ethereum Block Chain’, a play-on-words that references the popular decentralized blockchain, allows the wearer to showcase an NFT digital asset using a 14k gold Apple Watch. The device is attached to a similarly glitzy 14k gold chain. The necklace combines “your favorite digital asset with your favorite physical asset,” …
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“Tesla is using only internal & open source software & operates Bitcoin nodes directly,” Musk wrote late Tuesday on Twitter, adding that “Bitcoin paid to Tesla will be retained as Bitcoin, not converted to fiat currency.” In a follow-up tweet, the businessman announced: “You can now buy a Tesla with …
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Purchases of NFTs are fueling an online art boom unique in human history, with individual virtual pieces selling for more than $60 million at major international auctions. The abbreviation refers to Non-Fungible Tokens, and their use allows any digital creation to be marked as unique and original – lending immediate …
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RT’s Boom Bust is joined by the program co-host Ben Swann to explore what the move may mean for the future of digital currencies, how this crackdown will be carried out and who the revenue agency will focus on. READ MORE: Bitcoin surges toward $50,000 amid China’s latest crypto crackdown …
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Twitter CEO and crypto enthusiast Jack Dorsey is one of the latest to get into the game, auctioning his 15 year-old tweet as an NFT. Earlier this week, US rock group Kings of Leon announced that their new album will be available as an NFT, offering some exclusive options to …
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The Chinese northern region of Inner Mongolia, the global crypto mining hotspot, is banning cryptocurrency mining. Regional authorities are expected to bar all new projects and to shut down existing activities. According to the draft plan, revealed by the Inner Mongolia Development and Reform Commission, the mining operations will be …
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Statistics also showed there are 8,214 accounts that own bitcoins valued at more than $10 million. That is 102,076 bitcoin accounts that can call themselves diamond hands, in the parlance of Redditors who refer to investment outperformance in that way. Also, 422,104 accounts can boast bitcoin accounts valued at more …
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Square purchased approximately 3,318 bitcoins, it revealed on Tuesday before announcing its financial results for 2020. The investment brings the firm’s bitcoin holdings to around five percent of its cash and cash equivalents. “Aligned with the company’s purpose, Square believes that cryptocurrency is an instrument of economic empowerment, providing a …
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According to December’s report from the World Economic Forum, Germany’s biggest bank has already created a Deutsche Bank Digital Asset Custody prototype. The model is reportedly aimed at developing “a fully integrated custody platform for institutional clients and their digital assets, providing seamless connectivity to the broader cryptocurrency ecosystem.” The …
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