Google reportedly hires former PayPal executive as part of its cryptocurrency embrace plan
According to the report, the move to hire Arnold Goldberg to run its payments division is part of a bigger effort for the business (Google) to embrace a wider range of financial services, including cryptocurrency. According to a Bloomberg story, Alphabet’s Google has hired former PayPal executive Arnold Goldberg to lead its payments division after […]
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 […]
Rare Black Diamond “The Enigma” will be auctioned for cryptocurrency by Sotheby’s
Sotheby’s, an old British auction house, said it will be accepting bitcoin (BTC), Ethereum (ETH) and the stablecoin USDC for the sale of a rare black diamond from the depths of the outer universe also known as “The Enigma.” The stone, known as “The Enigma,” is a rare 555-carat black diamond . It’s remained in […]
North Korean Hackers Stole Nearly $400 Million in 2021
North Korean hackers who feed off that booming crypto economy in 2021 had a very good year. North Korean Hackers Stole $395 million in 2021 The value of cryptocurrencies such as Bitcoin and Ethereum has skyrocketed in the last year, with Bitcoin increasing by 60% in 2021 and Ethereum increasing by 80%. It’s certainly no […]
Bank of America predicts Solana could become the Visa of Cryptocurrency
A Bank of America digital asset strategist said on January 11 that Ethereum competitor Solana may become the “Visa of the digital asset ecosystem.” Since its inception in 2020, the Solana network has evolved to become the sixth biggest cryptocurrency, with a market valuation of $47 billion. It has been used to settle over 50 […]