On Thursday, the non-fungible token (NFT) platform and digital art gallery backed by Mark Cuban announced the project has integrated with Polygon. The platform allows anyone to showcase NFTs by leveraging a unique lazy URL to social media profiles, and the integration announcement highlights the protocol is now live on Polygon mainnet. Lazy.com Joins Polygon …
Category archives: Bitcoin News
Social Media Platform Torum Announces Strategic Investment by Huobi Ventures HECO Fund
press release PRESS RELEASE. Torum announces strategic investment by Huobi Ventures, the $100 million venture arm of Huobi Group to foster blockchain adoption and ecosystem expansion. 5th August 2021, Kuala Lumpur, Malaysia — On the eve of the project’s 1st year launch anniversary, social media platform Torum has released its H2 strategic ecosystem expansion plan, …
Precious Metals Firm Kitco Launches Gold-Backed Tokens Built on Ethereum
On August 4, the precious metals firm Kitco Gold announced the launch of a gold-backed stablecoin which will leverage an audit process via Cohen & Company with monthly attestation reports. Kitco has partnered with Tradewind Markets, First Digital Trust, and Stably, an asset tokenization provider. The gold-backed ERC20 tokens called “kitco gold (KGLD)” “represent one …
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Russia to Track Crypto Transactions With Help From Sberbank-Owned Company
The Federal Financial Monitoring Service of Russia is going to start tracking cryptocurrency transactions. The agency has already selected a contractor to develop the platform. The entity is affiliated with one of Russia’s largest financial institutions, Sberbank. Rosfinmonitoring to Keep Record of Cryptocurrency Wallets Used for Illicit Purposes Russia’s financial watchdog, Rosfinmonitoring, has selected a …
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Fashion designer with 2.5 million followers is now accepting Bitcoin, Ethereum, Dogecoin, and other cryptos
Upscale German fashion designer Philipp Plein told his 2.5 million followers on Instagram he will now accept crypto as payment online and in his stores. Plein has partnered with payment processors Coinify to make this happen. Online buyers opting to pay in crypto will get redirected to Coinify’s payment page to complete their purchases. The …
Two Silicon Valley veterans join Router Protocol as investors
Veterans from traditional tech and finance industries continue to turn their attention to crypto, with the team behind Router Protocol and Dfyn exchange adding Coinbase’s current CPO and a product executive from DoorDash to its list of prominent backers. Router Protocol grows its list of prominent investors Cross-chain interoperability protocol Router has announced that two …
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Ethereum (ETH) jumps, then dumps, ahead of crucial EIP-1559 upgrade
Ethereum, the world’s most-used blockchain, jumped to over $2,700 ahead of the EIP-1559 set for later today, data from multiple sources shows. EIP-1559 is one of the most important changes to ever happen to Ethereum. Tomorrow brings incredible progress, and we can’t wait. London’s calling! — Lido (@LidoFinance) August 4, 2021 Termed ‘London,’ the upgrade …
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Crypto Gambler Wins $75,000 with a $31 Bet on ‘Book of Aztec’ at Bitcoin.com’s Casino
Book of Aztec dishes out a massive round win worth a little under 2 BTC, leaving the player ecstatic! A small bet results in one of the biggest wins for the player One lucky player has just bagged a massive win worth $75,000 in a popular slot game from Amatic called ‘Book of Aztec’ at …
Fidelity Investments Purchases 7.4% Stake in Bitcoin Mining Firm Marathon
Marathon Digital Holdings has published the company’s bitcoin production and mining operation updates for the month of July and bitcoin production increased 66% month-over-month. Furthermore, the financial services giant Fidelity Investments purchased a 7.4% stake in Marathon in July, spending around $20 million for the shares. Fidelity Investments Scoops Up Shares of Marathon for $20 …
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US Government Has Seized Cryptocurrencies Worth $1.2 Billion So Far This Year
The U.S. government has seized cryptocurrencies worth $1.2 billion so far this year, according to an Internal Revenue Service director. This is a significant increase from $137 million in crypto seized the previous year. $1.2 Billion in Cryptocurrencies Seized Jarod Koopman, director of cybercrime at the Internal Revenue Service (IRS), shared some information on cryptocurrencies …
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OVR and BlackPool: NFTs With Augmented Reality and Virtual Reality
sponsored OVR is collaborating with BlackPool to add augmented reality (AR) and virtual reality (VR) to its ERC-721 NFTs at OVRLands. According to reports, the popular digital world of Non-Fungible Token OVRLands, would now have the ability to offer new experiences that give room for every kind of imagination. Thanks to the entry of BlackPool, …
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Cryptocurrency Swap Not Banned in Iran, President’s Legal Team Says
Current regulations do not prohibit the swapping of digital currencies, according to the Iranian Vice Presidency for Legal Affairs. The department has stated its position in correspondence with an ICT industry association which wanted to know what rules apply to cryptocurrency exchange, local media reported. Converting a Cryptocurrency Into Another Is Not Against Iranian Law …
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Uruguay senator proposes bill to classify Bitcoin and other cryptos as ‘legal tender’
A senator in the Uruguayan parliament, Senator Juan Satori has joined the league of politicians supporting Bitcoin as he recently introduced a draft bill that proposes the regulation and enablement of the adoption of crypto payments by businesses. Crypto for business in Uruguay Per Satori’s bill, “crypto assets will be recognized and accepted by the law …
Richard Heart addresses the controversies surrounding HEX token
Love him or loathe him, one thing that can’t be denied is Richard Heart’s willingness to defend Hex from accusations of being a scam token. December 2021 will mark two years since Hex’s launch. To this day, it continues to divide opinion with media outlets generally holding a negative view. Heart is an active participant …
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FBI Joins Probe Into Collapsed South African Bitcoin Ponzi Scheme
In what is seen as a boost for Mirror Trading International (MTI) investors, United States investigators are said to have joined the probe into the collapsed bitcoin scheme. According to a report, the U.S. investigators’ goal for joining this probe is to help “recover the assets of out-of-pocket investors.” FBI Interest Confirmation of the U.S. …
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