Bitcoin News and Finance: What You Need to Know

Bitcoin.com Games brings $110,000 worth of smiles and happiness to this player! Massive Win on ‘Elvis Frog in Vegas’ Earlier in March, a fortunate player cashed out $160,000 in two epic winning rounds on The Dog House Megaways slot at Bitcoin.com Games . Now, another lucky player has bagged over $110,000 from a small bet of 0.0015 BTC on one of the most popular slot games on the casino – Elvis Frog in Vegas . With a 5×3 layout, this entertaining slot sees the titular character taking to the microphone with his female frog side-kick to put players in just the right mood for big wins. 1,195x multiplier applied to player’s bets resulting in a total win amount of $110,000 on Elvis Frog in Vegas slot! . The big win left the player with an experience that is reported to be one of the happiest moments in the player’s life. Astonishing that a bet worth such a small amount of BTC can flip the fortune in anyone’s favor. The game that the player landed a winning round in, is able t...

Two executives of Mirror Trading International (MTI) have been summoned by a high court in connection with another cryptocurrency investment scam called BTC Global. The court summons followed a civil lawsuit filed by 18 plaintiffs demanding compensation from them. Two MTI Executives Linked to BTC Global Scam A High Court summons was issued to Clynton Marks, Cheri Marks, and Andrew Caw in connection to a bitcoin investment scam called BTC Global, South African news outlet Mybroadband reported last week, noting that it has seen the court document. The court summons followed a civil lawsuit filed by 18 plaintiffs demanding compensation of R2.5 million (approximately $174,662) plus 7% annual interest for the losses they have suffered from the BTC Global scam. In addition, they asked the court for “further and alternative relief” and the legal costs they have incurred as part of the lawsuit. The court document explains that between September 2017 and March 2018, the defendants “con...

Famed Silicon Valley “super angel” investor Ron Conway sees the crypto economy as the next multitrillion-dollar opportunity in innovation. The Silicon Valley legend likens Coinbase to Google after the company’s IPO via a direct listing on Nasdaq. Crypto Is the Next Multitrillion Dollar Opportunity in Innovation Legendary investor Ron Conway, who is often described as a Silicon Valley “super angel,” discussed the state of the crypto market and its future outlook in an interview with CNBC Wednesday. Conway, an early investor of Coinbase, likens the company to Google. An American venture capitalist and philanthropist, who is considered the “Godfather of Silicon Valley,” Conway has placed more bets on Internet startups than anyone else in Silicon Valley. He was an early angel investor in Google, Facebook, Twitter, Reddit, Paypal, Airbnb, Square, and Pinterest to name a few. Regarding the crypto market, the famed investor said: “If you start at the very top of the funnel. Look at the m...

Shark Tank star Barbara Corcoran, the entrepreneur who turned a $1,000 loan into a billion-dollar real estate empire, says she will get rich by investing in real estate, not cryptocurrencies. The American investor takes every extra dime she has and puts it in real estate, emphasizing that she will get rich nice and slow this way. Investing in Real Estate vs. Cryptocurrency Real estate entrepreneur Barbara Corcoran shared her view on cryptocurrency and bitcoin in an interview with TMZ this week while out and about in Union Square in New York City. Corcoran is the American investor famed for building a billion-dollar real estate empire with just a $1,000 loan. She is also a star of the popular ABC television show “Shark Tank” and the author of the best seller book “Shark Tales: How I Turned $1,000 into a Billion Dollar Business.” Firstly, she was asked if “Cryptocurrency is all the rage right now.” The shark tank star promptly replied, “of course.” Given that she is an old-school i...

Canada has been approving crypto exchange-traded funds (ETF) more quickly than the United States and after three successful bitcoin ETFs, the country has approved three ethereum-based ETFs. The three ether ETFs in Canada will debut on Toronto’s stock exchange (TSX) on April 20, 2021. Three Ethereum ETFs Set to Launch in Canada Next Week Back in February, Bitcoin.com News reported on the launch of the first North American bitcoin exchange-traded fund. A few days later, the fund called the “Purpose Bitcoin ETF” captured massive volume with $165 million traded at the time. The three new ether-based ETFs will be provided by CI Global Asset Management, Purpose Investments, and Evolve ETFs. All three will appear on Toronto’s stock exchange (TSX) this Tuesday. Both Purpose and Evolve already sponsor crypto ETFs, and CI Global Asset Management aims to join the fray. CI Global is working with Bitcoin bull and billionaire investor Mike Novogratz’s Galaxy Digital. Novogratz’s organization ...

The Texas-based Blockcap Incorporated revealed the blockchain and mining firm has mined approximately 544 bitcoins during the first quarter of 2021. Blockcap says the $33 million worth of bitcoin stems from the firm’s fleet of 12,176 mining rigs. Blockcap Rakes in 544 Bitcoins During the last three months, bitcoin ( BTC ) markets have seen phenomenal gains and alongside the price rises bitcoin miners are pulling in profits. This week the Austin-based firm Blockcap revealed its Q1 earnings in terms of bitcoin ( BTC ) revenue. The company has acquired $33 million or 544 bitcoins during the first quarter. Bitcoin.com News recently reported on Blockcap moving its headquarters to Austin. At the time, former governor of Texas, Rick Perry welcomed Blockcap for bringing tech innovation to Texas. The company acquired the 544 bitcoins this year by leveraging 12,176 mining rigs and Blockcap hopes to deploy more machines. Blockcap says by next year it hopes to get 43,000 bitcoin mining rig...

Kotani Pay, a Kenya based digital currency on and off-ramp service provider, has entered into an agreement wherein it will enable the transfer of universal basic income (UBI) payments to African refugees. Working in conjunction with the Refugee Integration Organisation (RIO) and Impact Market, the fintech start-up, which uses the Celo blockchain, will use its platform to ensure payments reach the intended beneficiaries. Using the Blockchain Without the Internet According to Kotani Pay’s recent post on Medium, the start-up’s partnership with RIO and Impact Market will also see non-smartphone holders benefitting. Commenting on this unique feature, Kotani Pay said: (The partnership) is achieving a never-before-done implementation of UBI through a stablecoin that is available to non-smartphone users. This is a pioneering achievement in the world of UBI, digital currencies, and the inclusivity of refugees. The fintech start-up adds it is providing a familiar interface that works on ...