Bitcoin News and Finance: What You Need to Know

A Spanish real estate platform has listed its first-ever property for sale for cryptocurrency. The offer is entirely online, and whoever wants to buy the apartment in Barcelona must pay in bitcoin. Anyone Interested Can Pay 3.5 BTC for the Property Per an official announcement , Idealista is seeking to sell its first property via BTC in the wake of a “second revolution” seen in the crypto industry. The apartment is located in the center of Barcelona — close to the Rambla Catalonia — and the interested person should make all the arrangements online, said the Madrid-based company. Although the first transaction made in bitcoin in Spain on real estate happened in 2018, the firm clarified it was done at that time “the traditional way.” In fact, they referred to handling all the processes with papers and diligences offered by a standard real state agency. Anyone interested in the apartment can pay approximately 3.5 BTC ($181,000 using today’s exchange rate) as of press time. Howe...

PRESS RELEASE. Established in 2016, Hashbon aims to provide payment services for both business and individual clients. One of the key differences between Hashbon and other crypto payment providers is that Hashbon charges 0% commission for crypto payments processing. Buyers pay and sellers receive exactly the same amount of cryptocurrencies that they are transacting to one another. The platform supports over 30 cryptocurrencies, including industry leaders like Bitcoin, Ethereum, Litecoin, Tether, Dash, and many others. Hashbon is expanding the list of supported cryptocurrencies regularly and the company is compliant with the European KYC policies. Hashbon platform is an easy-to-integrate payment solution, which enables businesses and individuals to make crypto operations worldwide, with zero fees, enhanced security, and transparency. The payment gateway has an easy and blazing fast integration with only one line of code that makes it different even from industry giants. Business ow...

The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has defended the apex bank’s decision to exclude cryptocurrency transactions from the banking ecosystem. In his testimony before the Nigerian Senate, Emefiele claimed that the February 5 directive is “in the best interests of Nigerians.” Crypto Not Money Immediately following the announcement of the CBN prohibition, Nigeria’s regulated financial institutions began to sever ties with crypto traders and exchanges. However, following an outcry over the move, some supportive members of the Nigerian Senate Committee on Banking, Insurance, and Other Financial Institutions requested Emefiele to brief the legislative body on the rationale behind the CBN prohibition. In justifying the move, the CBN governor told the Nigerian legislators that “cryptocurrency is not legitimate money” since it is not issued by any central bank. Using this argument, Emefiele then added: Cryptocurrency has no place in our monetary system at ...

Berkshire Hathaway’s vice chairman and Warren Buffett’s long-time business partner, Charlie Munger, has advised investors not to buy bitcoin or gold. He believes the cryptocurrency is too volatile to serve well as a medium of exchange. Munger also says he doesn’t know which is worse between Elon Musk’s Tesla reaching $1 trillion in market cap or bitcoin hitting $50,000. Billionaire Investor Charlie Munger Thinks Bitcoin Is Too Volatile to Be a Good Medium of Exchange Legendary investor Charlie Munger answered some questions about bitcoin at the annual meeting of shareholders of the Daily Journal Corporation in Los Angeles on Wednesday. The Berkshire Hathaway vice-chairman and Warren Buffett’s long-standing business partner is also chairman of the Daily Journal. He is often known as Warren Buffett’s right-hand man. The 97-year-old has never been a fan of bitcoin. He previously called bitcoin “ rat poison ” and likened its trading to “trading turds.” Buffett then called bitcoin “ rat...

As enthusiasm for cryptocurrency mounts amid strong demand from retail and institutional investors, financial service providers Simplex and Skrill are building more inroads into the ecosystem, focusing on improving transactability and convenience. The digital payment services continue to expand the accessibility of the cryptocurrency landscape by backing direct token withdrawals and support for in-browser wallets. Expanded In-Browser Wallet Capabilities Simplex is partnering with privacy-oriented web browser Opera to provide cryptocurrency support for its in-browser wallet. The wallet will grant Opera users an easy onramp and offramp convert from fiat-to-crypto and crypto-to-fiat. Opera, which holds the title of the first web3 and blockchain-ready browser , already has a native wallet that supports bitcoin, ethereum, and tron. Now with the Simplex onboard process, Opera is expanding the range of supported tokens and coins of its wallet while adding functionality for fiat deposits...

A number of forum posts and tweets say that the website bitcoinpaperwallet.com is compromised and people have said they have lost bitcoin using the paper wallet generator. Three years ago the website domain changed ownership and ever since then losses have been reported on Reddit forums, bitcointalk.org, Twitter, and other public venues. The owner of the paper wallet generating web portal denies the platform’s codebase is compromised and claims it has been audited by a security expert. Bitcoinpaperwallet.com Wallet Generator Site Accused of Being Compromised and Unsafe Years ago, a website that was once operated and owned by, Canton Becker, called bitcoinpaperwallet.com was once an extremely popular paper wallet generator. However, when the website was sold in 2018, bitcoinpaperwallet.com’s reviews became very negative. The complaints continue to this day and a month ago on Reddit, a user named u/heroiclife created a thread asking people to help him shut down the website. “Help me...

PRESS RELEASE. BitMax.io (BTMX.com), an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the joint primary listing of the Oxygen token (OXY) with auction facilitation for its platform users. The auction will begin on Bitmax on March 11 at 9:00 a.m. EST and the listing will go live on March 16 at 9:00 a.m. EST. Oxygen Protocol is an on-chain, decentralized, non-custodial prime brokerage built on the Serum DEX and ecosystem, running on fast Solana public blockchain, and seeded by the Maps.me 2.0’s massive userbase. Oxygen will start with a borrow-lending protocol before moving to recreate quasi-marketplace- business units that are typically part of investment banks and making them accessible to everyone. Oxygen is built upon a pools-based infrastructure, wherein users can create a pool by depositing their assets and marking which ones to lend. The clearing price for Oxygen’s borrow-lending is market-based through on-chain ord...

According to a new study conducted by Crypto.com, the total number of global cryptocurrency users has surpassed 100 million for the first time ever. The study, which measured the cryptocurrency marketplace’s size using onchain metrics, survey analysis, and internal data, recorded 106 million cryptocurrency users in January 2021. January’s Bitcoin Rally Accumulated a 15.7% Jump in Global Users Compared to December 2020, the 106 million users represent a 15.7% increase in just one month. What’s fueling the growth of the crypto market? According to Crypto.com’s research , it comes down to bitcoin adoption momentum. Eric Anziani, Crypto.com COO had this to say to Bitcoin.com regarding the research’s findings: Our study improves upon previously used methods to find a clear trend of growing cryptocurrency ownership. As more companies and merchants adopt cryptocurrencies as a treasury asset and means of payment, we expect 2021 to be a banner year for crypto mass adoption, bringing us ev...

In the evolution of digital payments, it’s clear that financial institutions and payment providers will continue to adopt blockchain technology to drive real-time, cross-border payments growth. This digital ledger infrastructure, which integrates with bank accounts, digital wallets and even cash payout channels will become the engine to provide the convenience, speed, ease of access, transparency … Continued The post Setting the Stage for Digital Global Payments appeared first on Ripple. http://dlvr.it/RtV9rT

Craig Wright, the individual that claims to be Satoshi Nakamoto, seems to be planning to initiate legal action against a number of open-source blockchain developers. Wright’s legal team, Ontier LLP, has allegedly sent letters to programmers who work on blockchains like Bitcoin, Bitcoin Cash, and Bitcoinsv as well. The self-styled Bitcoin inventor’s legal action letters claim 111,000 bitcoin was stolen from his “computer network” back in February 2020. The So-Called Fiduciary Duty: Regaining Access to the Alleged Stolen Keys The Australian businessman who has claimed to be Satoshi Nakamoto for years now, has announced he may be initiating legal action against open source developers. Despite the fact that many experts , the media , and the greater crypto community believe Wright’s Satoshi Nakamoto claims are false , Wright has continued to stand behind his word. Bitcoin Developers face £3.5bn legal action from Bitcoin inventor #DrCraigWright https://t.co/5J2141jRxT ONTIER team le...

Cryptocurrency exchange Coinbase has filed for an initial public offering with the U.S. Securities and Exchange Commission (SEC). The company has chosen the direct listing route and has applied for its shares to be listed on Nasdaq. Coinbase filed Form S-1 Registration Statement for its IPO with the SEC on Thursday. The company revealed in December that it had confidentially applied to go public. The company explained that it is offering “Class A common stock for sale via a direct listing,” which means “any person or business with a brokerage account” can place an order for the shares in the opening order book. The SEC filing explains that Coinbase has applied to list its Class A common stock “on the Nasdaq Global Select Market under the symbol COIN.” Coinbase states that it currently has “approximately 43 million retail users, 7,000 institutions, and 115,000 ecosystem partners in over 100 countries.” As of Dec. 31, 2020, the platform had executed $456 billion in trading v...

India’s central bank governor Shaktikanta Das has revealed that the bank has “major concerns” about cryptocurrencies, and it has informed the government of them. He expects that the government will soon make a decision on cryptocurrency. Meanwhile, the Reserve Bank of India (RBI) is giving its full attention to the digital rupee. RBI Has Major Concerns About Cryptocurrencies The governor of India’s central bank expressed concerns over the possible impact made by cryptocurrencies on the country’s financial stability and the economy Wednesday. In an interview with CNBC-TV18, RBI Governor Shaktikanta Das shared: We have certain major concerns about cryptocurrencies. We have communicated them to the government. It is under consideration in the government. He elaborated: “On crypto, we have major concerns from the financial stability angle and we have shared it with the government.” The governor further clarified: “I do expect and I think sooner or later the government will take a c...

PRESS RELEASE. 25 February 2021 – Animoca Brands, the developer and publisher of the successful blockchain games F1® DeltaTime and The Sandbox, is further expanding its push to bring mainstream consumers to blockchain by announcing that MotoGP ™ Ignition , the competitive management and collectibles game platform based on MotoGP ™ , will be built on the Flow blockchain, with the first content sale to begin 26 March 2021. Flow was originally created by Dapper Labs, the company behind NBA Top Shot and CryptoKitties . MotoGP ™ , managed by Dorna Sports, S.L., is the oldest motorsports championship in the world, featuring the fastest riders and the most technologically advanced prototype racing motorcycles on the planet. MotoGP ™ Ignition will allow fans to own and trade collectibles of their favorite MotoGP ™ bikes and personalities on blockchain. MotoGP™ Ignition will deliver two forms of MotoGP ™ branded experiences centered around limited-edition non-fungible tokens...

The U.S. Securities and Exchange Commission (SEC) says it has revoked the registered securities of Long Blockchain Corp (LBCC) after the company failed to file annual reports since Dec. 31, 2017. In addition, the SEC says LBCC, which made the switch from soft drink production to activities related to blockchain technology in December 2017, is also “delinquent in filing quarterly reports.” Non-Existent Blockchain Business In a document that reveals the proceedings against LBCC, the SEC, which cites the Securities Exchange Act of 1934, says its decision (to revoke securities) is intended to protect investors. The SEC adds that an investigation had found that after the name change from Long Island Iced Tea Corp to LBCC, the listed company’s “blockchain business never became operational.” Meanwhile, concerning the status of LBCC’s common stock, the SEC said the following: The common stock of LBCC was registered under Section 12(b) of the Exchange Act and traded on Nasdaq until Nasda...