Bitcoin News and Finance: What You Need to Know

An advertising campaign across some of Ukraine’s most populous cities is now aiming to attract new traders to the world’s largest digital asset exchange, Binance. The Eastern European nation is known as a promising market and a leader in terms of cryptocurrency adoption. Binance Ads Appear on Trains and Trolleys in Ukraine Cryptocurrency exchange Binance has embarked on a mission to entice more Ukrainian traders to its world-leading coin trading platform. The company has recently launched a nationwide campaign showing Binance ads to the residents of the capital Kyiv and three of the country’s largest cities, Kharkiv, Odesa, and Lviv. The organizers are now playing clips advertising Binance onboard the Intercity trains connecting these cities, Forklog reported . The ads run under the slogans “Blogger by Day, Trader by Night” and “Designer by Day, Trader by Night” on the trains’ infotainment systems, a video posted on Youtube shows. The ads call on crypto users among commuters to “T...

PRESS RELEASE. The newest utility token to offer staking to its users/holders is GraphLinq Protocol’s $GLQ. As of this article, $GLQ has 4,500+ holders according to etherscan, excluding GLQ holders on CEX like Kucoin, MXC, Gate. This is a great step for the future of the project as it will further incentivize more users to hold. Explore more about GraphLinq, its staking mechanism & steps to stake. What Is GraphLinq? GraphLinq – The No Code protocol for automating actions on-chain & off-chain, launched in just March 2021, has come a long way bringing users in the crypto space a never seen model of integrating blockchain automation on any blockchain-related/non-related task. The goal of the GraphLinq protocol is to allow users to interact blockchains with any connected system as effortlessly as possible without any prior knowledge of coding. GraphLinq ecosystem currently consists of an engine, an integrated development environment ( IDE ) & an app to provide automated...

The decentralized group Anonymous has published a message for Elon Musk in a video where they called the Tesla CEO “nothing more than another narcissistic rich dude who is desperate for attention.” They shed light on many things people may not know about Musk, including how he treats his employees, harms the environment, where his fortune came from, how Tesla actually makes money, and his attempt to centralize and control bitcoin mining. Anonymous, a decentralized international activist and hacktivism movement, posted a video Friday directed at Tesla CEO Elon Musk. It is unknown if the people behind this video are the same Anonymous as the hacktivist group known for cyber attacks against several governments since 2003. The video begins with a message: “Greetings citizens of the world. This is a message from Anonymous for Elon musk.” Elon Musk Is ‘Nothing More Than Another Narcissistic Rich Dude Desperate for Attention’ The video starts by explaining why Elon Musk became popular. “...

The mayor of the U.S. city of Miami, Francis Suarez, explains how he plans to make his city the capital of bitcoin. He believes that issues surrounding cryptocurrency “will work themselves out,” adding that “in the end, there is only one thing to do: buy the dip.” Miami Strives to Become the Capital of Bitcoin Miami Mayor Francis Suarez gave a speech at the Bitcoin 2021 conference in his city on Friday. He highlighted various efforts to make Miami the bitcoin capital. Firstly, he said that Miami was the first to host the Satoshi white paper on a government website. “We were first in the country. We were first because you want to be first in promoting and building this generation’s technology. We were first because we understand that in an experiential world, people are looking for the best in terms of quality of life. We were first because we understood the transformational advantage of being the first mover in an ever-increasing tech world, and we were first because in this city, ...

Cryptocurrency exchange Bitmex is sending bitcoin to the moon. A one-of-a-kind physical bitcoin will be minted and delivered to the moon by a leading space robotics company that Bitmex supports. The coin will hold one bitcoin at an address to be publicly released. Bitcoin Will Be on the Moon in Q4 Bitmex announced Friday that “Bitcoin is going to the moon.” While many say that bitcoin’s price has “gone to the moon” several times before, Bitmex means this time a physical bitcoin will be literally launched to the moon. Helping Bitmex land the coin on the lunar surface is the Pennsylvania-based commercial space company Astrobotic Technology Inc., a leading space robotics company that Bitmex supports. The exchange explains that the space robotics company will send “its first commercial lander to the moon in the fourth quarter of this year.” Astrobotic Technology “has been selected by NASA to deliver science, exploration and technology demonstration payloads to the lunar surface with i...

At the Bitcoin 2021 conference in Miami, El Salvador’s president, Nayib Bukele, appeared via a Zoom presentation and noted that he plans to submit a bill next week that recognizes bitcoin as legal tender. Bukele revealed a partnership with the company Strike, a bitcoin payments firm launched by Jack Mallers. Progressive President Nayib Bukele Says Bitcoin Will be Legal Tender in El Salvador El Salvador is looking to become the first country to adopt bitcoin (BTC) as legal tender, as the country’s president Nayib Bukele announced El Salvador’s BTC support at the Bitcoin 2021 conference in Miami. Bukele revealed that the country has formed a relationship with the firm Strike , a Lightning Network payments company created by Jack Mallers. Mallers explained during the conference that it will go down as the “shot heard ’round the world for bitcoin.” Mallers added: “What’s transformative here is that bitcoin is both the greatest reserve asset ever created and a superior monetary net...

On Friday, FTX Exchange announced signing a naming rights deal with U.S. professional esports organization TSM for $210 million. The cryptocurrency exchange’s multi-year partnership arrangement will allow the crypto firm to rename the company to “TSM FTX.” Esports Firm TSM Will Change the Organizations’ Name to ‘TSM FTX’ FTX Exchange has acquired another naming deal after the recent arrangement with the Miami Heat’s arena in Florida. According to the exchange, the company has entered a multi-year partnership with the esports organization TSM for $210 million. TSM is an organization that fields players in a number of online competitions with games like PlayerUnknown’s Battlegrounds, PUBG Mobile, Tom Clancy’s Rainbow Six Siege, League of Legends, Apex Legends, Valorant, Hearthstone, and Super Smash Bros. The deal is between FTX Trading Limited, West Realm Shires Services Inc, and TSM. With exclusive ownership of the naming rights to TSM, the organization will now be known as “TSM...

The undefeated professional boxer Floyd ‘Money’ Mayweather recently spoke at the Bitcoin 2021 conference in Miami and was booed while speaking on stage. Mayweather’s speech wasn’t appreciated by members of the crowd because he didn’t discuss bitcoin much and toward the end, Mayweather said he believes another crypto will be “just as large as bitcoin someday.” Attendees at the Bitcoin 2021 Conference Disliked the Boxer’s Opinion Boxing legend Floyd Mayweather has been a fan of digital currencies for a long time now, as the boxer has participated in an initial coin offering (ICO) and recently released non-fungible token (NFT) collectibles. Mayweather is preparing to have a boxing match with the Youtuber Logan Paul, and recently spoke at the Bitcoin 2021 conference in Miami. . @FloydMayweather knows the #flippening is inevitable 🐬 $ETH 🐬 pic.twitter.com/h5SF0cWXxS — ETH Memes (@EthereumMemes) June 4, 2021 During Mayweather’s talk on stage, he discussed how blockchain tec...

Over the last few months two distinct dog cryptocurrencies, shiba inu and dogecoin, have been making waves within the crypto economy. While dogecoin has been around since 2013 and has seen massive gains during the last year, the relatively new ERC20 crypto shiba inu has jumped significantly in value as well. Both Dogecoin and Shiba Inu Have Outshined Bitcoin’s Market Performance The cryptocurrencies dogecoin (DOGE) and shiba inu (SHIB) have made huge gains in 2021. In fact, both of these digital assets have outshined a great number of cryptos as far as percentage gains against the U.S. dollar are concerned. For example, investing in bitcoin ( BTC ) a year ago shows the investor would have gained a nice 290% against the USD. Dogecoin, on the other hand, at $0.37 per unit would have made the investor 14,787%, according to today’s 12-month data. Shiba inu tokens were invoked in August 2020 and are only 10 months old, newbies in comparison to dogecoin’s 2013 OG origins. There is no pr...

Russia has reportedly announced that U.S. dollar assets will be removed from its National Wealth Fund as U.S. sanctions on Moscow intensify. The fund, which currently totals about $600.9 billion, forms part of Russia’s gold and currency reserves. Russia Steps up De-Dollarization Efforts Russia’s finance minister, Anton Siluanov, announced at the St. Petersburg International Economic Forum on Thursday that dollar assets will be removed from the National Wealth Fund (NWF) altogether as Washington continues to impose sanctions on Moscow. According to a translation by Reuters, he told reporters: Like the central bank, we have decided to reduce investments of the NWF in dollar assets. The finance minister further revealed that the changes will happen within the next month, after which the fund will likely hold the euro (40%), the yuan (30%), gold (20%), the Japanese yen (5%), and the British pound (5%). The dollar portion of the fund will be replaced by the euro, the yuan, and the ...

A class action lawsuit has been filed in South Korea accusing cryptocurrency exchange V Global of defrauding investors. The police reportedly estimate that 69,000 people have invested with the crypto exchange and the damage amounts to 3.8 trillion won. Crypto Exchange Sued for Defrauding Investors South Korean cryptocurrency exchange V Global has been accused of fraud worth $3.8 trillion won ($3.5 billion). A class action lawsuit has been filed by 130 victims. Daegeon, a law firm representing the victims, said: “The 130 victims decided to file a joint complaint with the Gyeonggi Southern Police Agency against three executives and employees, including the CEO of V Global, a cryptocurrency exchange, on June 4.” According to local media: The police estimate that 69,000 victims have invested with V Global and the damage amounts to 3.8 trillion won. Han Sang-joon, a lawyer at Daegeon, explained that there were “actually 20,000 to 30,000 victims who did not get their money back, and ...

Norton has added a cryptocurrency mining feature to its antivirus software. Users will be able to mine ethereum while their computers are idle. Miners can track and transfer their crypto earnings into their Norton Crypto Wallet. Antivirus Software Can Mine Crypto Nortonlifelock (NASDAQ: NLOK), a global cybersecurity company, announced Wednesday the launch of Norton Crypto, a cryptocurrency mining feature on the Norton 360 platform. The company explained: Norton Crypto delivers a secure, reliable way for consumers to mine for ethereum … Once cryptocurrency has been earned, customers can track and transfer earnings into their Norton Crypto Wallet, which is stored in the cloud so it cannot be lost due to hard drive failure. According to Norton Crypto’s terms and conditions, the crypto feature “allows you to use your personal computer’s computation power for low-volume cryptocurrency mining while maintaining the high level of protection provided by your subscription.” The mining sof...

A popular mobile wallet in the Philippines, Gcash, is considering offering its users the ability to buy, sell, and store cryptocurrencies on its platform, which reportedly has 40 million users. The company’s CEO says 40% of Filipinos now have a Gcash account. Gcash Considers Offering Crypto Trading and Storage Services Philippine mobile wallet Gcash is exploring adding cryptocurrency to its portfolio of financial products and services, The Philippine Star reported this week, adding that the platform has over 40 million users as of the end of April. Through the Gcash app, users can shop, save, invest, and get insurance coverage, among others. Gcash is operated by Mynt, a fintech startup partnership between Globe Telecom, the Ayala Corporation, and Ant Financial. The company’s key services include payments, remittances, and loans. Mynt CEO Martha Sazon said that the Gcash platform has four million registered accounts in Gsave and 1.4 million registered accounts in Ginvest as of the e...

Kalashnikov Group, the Russian firearms manufacturer, is ready to transition to settlements in digital currency. The announcement came from the international economic forum in Saint Petersburg where the central bank of Russia reaffirmed its intention to replace “dirty” and “infectious” paper cash with the digital ruble that’s currently under development. Russia’s Kalashnikov Concern Looks Forward to Adopting the Digital Ruble The leading Russian gunmaker, Kalashnikov Group, would like to switch to digital currency settlements, owner Alan Lushnikov said during the St. Petersburg International Economic Forum. The event held annually in Russia’s second-largest city gathers government officials and business leaders from well over 100 countries who discuss ways to overcome economic barriers between their nations and the Russian Federation. Quoted by TASS, Lushnikov stated: What we would expect the banking system to do is to switch to a non-banking system of settlements. Digital curren...

AquaGoat is an ecological social cryptocurrency with a purpose: saving the planet’s oceans. AquaGoat aims to help fund and donate to initiatives focused on cleaning and protecting the planet’s oceans and waterways, all while generating income (yield-generation) and value to its holders. Since the project began on April 7, 2021, AquaGoat has donated to three charities: The Ocean CleanUp, an organization that develops new technologies to help rid the world of the ocean’s plastic; The Sea Shepherd Conservation Society, a group that engages in direct action campaigns to track down and stop illegal fishing enterprises; and The Blue Marine Foundation, a charity that directly addresses the environmental issues of overfishing. A little over $19,000 has been donated between all three charities so far with the intention of continuing to donate to more causes in the near future through their biweekly community polls and donation drives. What sets AquaGoat apart from a typical charity token? Th...