Pinellas Park Man Steals Over $575k Worth Of Crypto
According to the Clearwater Police Department, a 27-year-old Pinellas Park man stole $575,000 in cryptocurrency from an elderly individual while installing electronics in the victim’s home. According to an arrest affidavit, Aaron Daniel Motta of Pinellas Par k faces felony charges of grand theft and offenses against internet users. According to the report, Motta was at […]
European Union Bans High Value Crypto Services To Russia
As part of the fifth package of sanctions imposed in response to the Ukraine war, The European Union member states today agreed to ban the provision of high-value crypto-asset services to Russia. The decision comes after reports that crypto is being used to get around sanctions imposed in response to Ukraine’s invasion. The measure will […]
UFC Fighters to Receive Bitcoin Bonus
UFC and Crypto.com have teamed up to introduce a new fight night bonus to pay fighters in Bitcoin. Crypto.com, a popular cryptocurrency trading platform, recently announced a partnership with the Ultimate Fighting Championship to pay bonuses to UFC fighters in Bitcoin, the world’s most valued digital currency. To reward UFC combatants, both companies have introduced […]
South Korean Bank Opens First Crypto Accounts
South Korea’s Shinhan Bank has become the first local financial institution to offer crypto accounts. Korbit, a cryptocurrency exchange platform, has received corporate won accounts from Shinhan Bank. Previously, the Korea Federation of Banks (KFB) had applied for a license to provide digital asset services from the incoming pro-crypto administration. This is the first case […]
WeChat Supports Digital Yuan Pilot Campaign
WeChat announced its support for the digital yuan program. Its users will be able to make digital yuan transactions as part of the pilot experiment. The central bank digital currency (CBDC) program has expanded to 11 more cities. WeChat, a popular Chinese messaging and social media platform were one of the first big Chinese apps […]