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Twitch's 'Pay-To-Win' Boost Feature Doesn't Actually Help People, Surprising No One
15.12.2021
It seems Twitch’s controversial “pay-to-win” Boost feature is a bust. There was no positive impact for streamers who took part in a test of the Boost feature, according to a data analyst who crunched the numbers. Read more
Thailand Doesn’t Prohibit Crypto Use for Payments but Warns of Price Fluctuation
12.12.2021
Bank of Thailand’s officials say that using cryptocurrency as a means of payment is not illegal. However, they added that users “must be able to accept the risks,” including price fluctuation. Using Crypto to Pay for Goods and Services Is Not Illegal in Thailand Sakkapop...
Florida Governor Ron DeSantis Proposes Creating a Cryptocurrency Payment System for State Fees
11.12.2021
The American politician and attorney serving as the 46th governor of Florida, Ron DeSantis, announced the state’s 2022-23 budget proposal last week and proposed an idea to let businesses pay state fees with crypto assets. The governor’s “Freedom First Budget” suggests...
Florida governor's budget proposal wants to let residents pay fees in crypto
10.12.2021
Florida Governor Ron DeSantis proposed to allocate $750 million to enable a “crypto-friendly Florida.”
Ripple chair's pay-off plan to convince BTC miners to adopt Proof of Stake
10.12.2021
Billionaire Chris Larsen said that miners should view the move away from PoW as “a net positive for their longevity.”
Travala Now Accepts Shiba Inu Crypto — SHIB Can Be Used to Book 3 Million Travel Products Worldwide
8.12.2021
Crypto-friendly travel website Travala has added support for the shiba inu cryptocurrency. SHIB can now be used to book more than 3 million travel products worldwide on the site, including flights, hotels, and travel packages. Travala Adds Support for Shiba Inu Crypto Travel website Travala...
Bowser Agrees To Pay Nintendo $10 Million In Hacking Lawsuit
7.12.2021
Gary “GaryOPA” Bowser pleaded guilty to federal piracy charges in October. Now he’s agreed to pay Nintendo a massive $10 million settlement for his reported role in designing and selling devices to circumvent Switch security measures as part of Team Xecuter.Read more
China’s Hainan Province Ramps Up Crackdown on Crypto Mining Operations
5.12.2021
The province of Hainan in South China has taken steps aimed at curbing crypto mining activities. Besides blacklisting the industry, local authorities are also introducing higher electricity rates for the mining enterprises that continue to operate in the region. Hainan to Ensure Crypto Miners...
Leading Supermarket Chain in Croatia Introduces Crypto Payments
2.12.2021
Customers of the largest supermarket chain in Croatia will be able to pay with cryptocurrency for their orders in the retailer’s online shop. The company plans to soon offer the crypto payment option also at its physical stores throughout the country. Konzum Allows Shoppers in Croatia to...
‘New Blow’ as Large Crypto Exchanges Are Told to Pay British Tech Tax
29.11.2021
Crypto exchanges operating in the United Kingdom – including the likes of Coinbase – will be forced to pay a recently created tech tax – with the British tax body, HM Revenue and Customs (HMRC), declaring that cryptoassets “are not financial instruments.”
The British Treasury last year announced...
Crypto Donors Pay $1Million in Fees for a Failed Bid
25.11.2021
A group of cryptocurrency donors had come forward to purchase a rare copy of the US Constitution. Not only did the group fail to proceed with the purchase, but it also was compelled to pay $1 million in fees. The group of around 17,000 crypto donors grabbed the limelight when they attempted to...
Russians to Pay Fees on Digital Ruble Transactions, Central Bank Says
21.11.2021
Users of Russia’s central bank digital currency are going to pay a fee for each transaction, a high-ranking representative of Bank of Russia has recently announced. The digital ruble charge, however, is not going to exceed those currently applied to fast payments in the country. Bank...
‘Inflation in the News Driven by Rich People’ — Media Pundits Claim ‘Inflation Is Good’ as Americans Struggle With Less Purchasing Power
20.11.2021
Inflation in the U.S. has a large number of Americans worried about the future of their purchasing power as the cost of goods and services has continued to rise faster every month. Reports note that Americans are struggling to pay for child care, groceries, gasoline, lumber, healthcare supplies...
Major Australian Baseball League Team Perth Heat to Pay Players in Bitcoin and Hold BTC on Balance Sheet
19.11.2021
One of the most successful baseball teams in Australia, the Perth Heat, is adopting the bitcoin standard. The team will pay players and staff in bitcoin, accept the cryptocurrency for payments, and hold bitcoin on its balance sheet. The Perth Heat Will Operate on Bitcoin Standard The Perth Heat,...
Bitrefill Lets El Salvadorans Pay All Accounts with BITCOIN
18.11.2021
Bitrefill is a well-known business among the Bitcoiners allowing them access to over four thousand gift cards by paying through BTC. Earlier this year, they partnered with Salvadoran startup Hugo App to enable Bitcoin exchange for Hugo’s wide range of goods and services. The ability to...
Creditors of Collapsed South African Crypto Firm Vote to Accept Offer to Resuscitate the Company
18.11.2021
Creditors of a South African crypto trading firm, Africrypt, have agreed to a proposal recently tabled by an unnamed investor who is seeking to resuscitate the collapsed company. Africrypt’s Intellectual Property In addition to paying $4 million — which will be used to pay off some...
Australian baseball club Perth Heat to pay athletes in Bitcoin
17.11.2021
Perth Heat will use the Bitcoin Lightning Network to make payments to professional baseball players and staff
NYDIG partners with Houston Rockets basketball franchise, plans to pay team in BTC
16.11.2021
The deal seems to be part of a larger move for Rockets owner Tilman Fertitta, who is also the chairman and CEO of a restaurant group that recently launched a Bitcoin rewards program
Alchemy Pay Integrates With TRON to Enable TRX Payment and Investment
15.11.2021
Singapore, November 15, 2021 – The Tron Foundation (TRX), the world’s largest blockchain decentralized application operating system, and crypto-fiat hybrid payment solutions provider, Alchemy Pay (ACH), have announced a collaboration. Alchemy Pay will integrate the TRX token into...
Citizens in Argentina Might Have to Pay Crypto Taxes Depending on Location
15.11.2021
A new crypto tax paradigm is brewing in Argentina, where two provinces have now approved crypto tax laws. This means that Argentinian citizens must disclose their cryptocurrency holdings and pay taxes according to the trades they do in the provinces of Tucuman and Cordoba. This is because...