Sotheby’s sold a Cryptopunk NFT for $11.8 million
    13 Jun 2021
    748 Views

    Recently, a Cryptopunk NFT was sold for almost $12 million among works of other artists during a Sotheby’s auction organized virtually. Sotheby’s looking forward to strong demand for this new type of digital good in the future, even as NFT’s craze stepped down last weeks. A leading Sotheby’s auction house announced on Thursday the sale…

    1,100 suspected of using crypto for money laundering arrested in China
    13 Jun 2021
    641 Views

    As the China Ministry of Public Security said, the police have arrested more than 1,100 suspects of using cryptocurrencies for illegal activities, like laundering money and telecom frauds. The Chinese authorities stated they have crackdown more than 170 gangs responsible for using crypto for criminal purposes. The arrests follow China has stepped up efforts to…

    Paris Hilton to support Origin as advisor and investor
    12 Jun 2021
    785 Views

    The world-renowned influencer Paris Hilton joins Origin as an investor and advisor to make its products and Origin Tokens (OGN) even more successful. Paris Hilton is the original entertainment and business icon that pushes the creator economy forward. Aside from her influence on mainstream culture through music and TV shows since the early 2000s, Paris…

    MicroStrategy CEO announces the Bitcoin Mining Council amid the energy usage debates
    12 Jun 2021
    649 Views

    The Bitcoin Mining Council announced on Thursday as debates over the energy wasted in crypto mining are growing. The energy consumed to mine cryptocurrencies matches a developed country’s usage and is comparable to big CO2 emitters such as airlines and fossil-fuel companies. “The Bitcoin Mining Council is a voluntary and open forum of Bitcoin miners…

    Bitcoin Law makes El Salvador the first country to recognize cryptocurrency as legal tender
    09 Jun 2021
    795 Views

    El Salvador has become the first country to officially recognizes Bitcoin as legal tender. A supermajority of lawmakers in the Latin American country’s Legislature voted by the Bitcoin Law. In a Wednesday vote, El Salvador’s Congress voted by a supermajority in favor of the president’s proposal for the Central American nation to adopt Bitcoin as…

    Dubai residents have lost Dh80 million to crypto scams in 2021: How to secure yourself?
    09 Jun 2021
    695 Views

    Residents of Dubai lost above AED80 million in crypto scams since the beginning of 2021, the Dubai Police official said. There have been over 200 cases of crypto scams in the UAE this year, revealed Tarek Mohammed, Head of the Digital Assets Crime Section at the Dubai Police GHQ. He has provided online a virtual…