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Ricardo Salinas Pliego Hints at Elektra Group Selling Bitcoin in Its Stores

Ricardo Salinas Pliego Hints at Elektra Group Selling Bitcoin in Its Stores

Ricardo Salinas Pliego, president of the Salinas Group, owner of the Elektra Group stores, hinted at the possibility of the shops selling bitcoin. The executive stated that due to the regulations of the Central Bank of Mexico, his company cannot implement cryptocurrency integration in the Azteca Bank app. However, he did point out that Elektra […]

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FLOW Tokens Surge on Beijing 2022 Olympics Winter Games License

FLOW Tokens Surge on Beijing 2022 Olympics Winter Games License

A new play-to-earn mobile game on Flow lets players into the Olympics action from the ongoing Winter Games in Beijing. Flow’s FLOW tokens surged 11% in the past 24 hours as a new, officially licensed mobile game showcasing the ongoing Beijing 2022 Olympics Winter Games was launched on the network this week. As per a

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Massive Outflows and Burnt Ether Stimulate Ethereum Scarcity to Continue

Massive Outflows and Burnt Ether Stimulate Ethereum Scarcity to Continue

Since the London Hardfork or EIP-1559 upgrade went live in August 2021, the supply of Ethereum continues to be depleted based on the burning mechanism incorporated. The scarcity on the Ethereum (ETH) network continues going through the roof based on massive outflows from crypto exchanges. Data analytic firm IntoTheBlock confirmed: “In just 38 days of 2022, here are

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How Bitcoin Helps Fix Foreign Aid Corruption

How Bitcoin Helps Fix Foreign Aid Corruption

Let’s talk about the humanitarian case for bitcoin — specifically, how it solves issues of government corruption and how it improves the effectiveness of foreign aid. How Bitcoin Helps Fix Foreign Aid Corruption Starting in the mid to late 20th century, western countries began investing heavily in foreign aid. Over the past five decades, wealthy

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Security Risks Facing Web3 Developers

Security Risks Facing Web3 Developers

Security Risks Facing Web3 Developers. Security weaknesses and information breaks keep on tormenting application designers. However long there are bugs, this is probably not going to change. The Identity Theft Resource Center reports that 2021 addressed an unequaled high for detailed information compromises. Open source got destroyed from the Log4j episode toward the finish of

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Samsung launches new Galaxy S22 smartphones and Tab S8 tablets to take on Apple

Samsung launches new Galaxy S22 smartphones and Tab S8 tablets to take on Apple

KEY POINTS Samsung launched three new smartphones Wednesday: the Galaxy S22, S22+ and S22 Ultra. With its new handsets, Samsung opted for subtle updates over flashy features like folding displays. The company also unveiled its new Galaxy Tab S8 series of Android tablets. Samsung launched a slew of new smartphones and tablets at its Galaxy Unpacked

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DoJ Seizes .6B In Bitcoin From Bitfinex Hack

DoJ Seizes $3.6B In Bitcoin From Bitfinex Hack

The US Department of Justice has arrested two individuals that were allegedly connected to the Bitfinex hack and seized a record sum of over 94,000 BTC.   Lisa Monaco strikes again Ilya Lichtenstein and his wife Heather Morgan were arrested on Tuesday morning and charged with conspiracy to commit money laundering and conspiracy to defraud

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Russian government and central bank agree to treat Bitcoin as currency

Russian government and central bank agree to treat Bitcoin as currency

Cryptocurrency transactions of more than 600,000 rubles (roughly $8,000) will have to be declared; otherwise, it could be considered a criminal act. The government and central bank in Russia have reached an agreement on how to regulate cryptocurrencies, according to a Tuesday announcement. Russia’s government and central bank are now working on a draft law that

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PayPal Forms Crypto Advisory Council

PayPal Forms Crypto Advisory Council

The six members will help the company create a digital financial system. PayPal has formed an advisory council to support crypto-related products and help guide the company on creating a digital financial system, Jose Fernandez da Ponte, a senior vice president for blockchain, crypto and digital currencies at PayPal, said. The six members include the following:

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LINE to Offer BTC, ETH for Payment Options and Introduce token in March

LINE to Offer BTC, ETH for Payment Options and Introduce token in March

Messenger app LINE is considering adding cryptocurrencies to its payment options and officially launching its native LINK token (LN) in March. Per its announcement, users can use “the LINK at some LINE Pay online merchants during a trial period from March to December 2022 in Japan.” Although users can choose both LN for payment on the Line

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