UK to put strict restrictions on deceptive crypto ads
The UK Treasury’s move to regulate crypto advertising as other financial goods aims to reduce the danger of investors being duped or misled. UK’s crackdown on misleading crypto adverts The UK Treasury stated on Tuesday that it intends to regulate cryptocurrency commercials in the same way that it regulates other financial products, ensuring that ads […]
Fintech startup Milo becomes first to offer crypto-mortgages to its subscribers
Fintech startup Milo to offer 30-year ‘crypto-mortgages’ to its subscribers A fintech company behind the first ‘crypto mortgage’ sees a multibillion-dollar market in allowing borrowers to promise their bitcoin in exchange for access to the real estate market. It claims that their 30-year, low-interest-rate US crypto mortgage allows qualified borrowers to hold bitcoin while purchasing […]
OpenSea buys crypto wallet Dharma Labs and a new CTO
With the departure of OpenSea‘s existing CTO Alex Atallah, Dharma Labs CEO Nadav Hollander will assume Atallah’s job as external CTO. OpenSea , an NFT marketplace, said on Tuesday, January 18 that it had purchased Dharma Labs, a cryptocurrency digital wallet, for an unknown sum, and that Dharma’s chief executive officer will become OpenSea’s chief […]
Heavyweight champ Francis Nganou to take half of his UFC 270 purse in Bitcoin
“After learning more and more about Bitcoin, I truly believe it is the future of money,” Ngannou stated via his agent. Francis Ngannou, the current UFC heavyweight champion, has revealed that he will accept half of his UFC 270 prize money in Bitcoin (BTC) via Cash App. On Jan. 23, the French-Cameroonian MMA fighter will face the undefeated […]
Georgia makes its citizens swear an oath to stop crypto mining
Svaneti is a hilly region of Georgia where some areas now have free electricity, making mining more appealing. To deal with electricity problems blamed on Bitcoin mining , residents of Svaneti, Georgia, have reportedly been forced to swear a sacred oath not to mine cryptocurrencies. According to Macrotrends, the economy of Georgia’s northwest Svaneti area […]