35 / 56 Relevant items tagged with #NewsBytes

Posts: 1,655

Posts

Dubai Court Recognizes Cryptocurrency for Salary Payments

[Aug 17, 2024 12:30 AM] In a landmark decision, the Dubai Court of First Instance has recognized the payment of salaries in cryptocurrency under employment contracts, marking a significant shift in the United Arab Emirates (UAE)’s legal approach to digital…

Dormant Bitcoin Wallet From 2014 Moves $10.2M—After a Decade

[Aug 16, 2024 2:20 PM] On Aug. 16, 2024, with bitcoin (BTC) hovering above the $58,000 mark, a bitcoin wallet that had been untouched since Jan. 8, 2014, moved 174.88 BTC for the first time in over a decade. Back when the funds were initially secured by the P2PKH (Pay to…

Pro-Crypto Fairshake PAC Funds Democrats in Key Senate Races

[Aug 15, 2024 6:30 AM] A pro-cryptocurrency political group, Fairshake PAC, has invested millions in supporting Democratic Senate candidates in Michigan and Arizona against former President Donald Trump-endorsed Republicans, causing tension within the GOP. Fairshake PAC…

Police Warn of Bitcoin Scammers Posing as Bank Representatives

[Aug 14, 2024 9:30 AM] The Carroll County Sheriff’s Office in the U.S. state of Georgia has issued a warning about a cryptocurrency scam. Scammers are posing as representatives of financial institutions, informing individuals that their accounts have been compromised…

Bitcoin Scam Targets US County Residents With Fake Warrants

[Aug 14, 2024 8:30 AM] A scam email targeting residents of Montgomery County, Pennsylvania, is falsely soliciting Bitcoin payments to resolve supposed arrest warrants. The fraudulent emails claim to be from authorities like the “FDIC government office warrant…

Connecticut Police Recover $63,500 in Cryptocurrency Scam

[Aug 11, 2024 5:30 AM] Connecticut State Police (CSP), in collaboration with the Statewide Prosecution Bureau, said on Wednesday that they have successfully recovered over $63,500 for a victim of a cryptocurrency phishing scam. The incident, reported in April by a…

Okx Says Accounts Interacting With Tornado Cash Will Be Closed

[Aug 10, 2024 4:30 AM] According to the CEO of the cryptocurrency exchange Okx, users are now barred from account interacting with Tornado Cash and Garantex. In a post on social media, the CEO said any Okx accounts receiving deposits from sanctioned entities, including…

Bitgo Secures Major Payment Institution License in Singapore

[Aug 8, 2024 9:20 AM] Bitgo, a provider of digital asset solutions, has obtained the Major Payment Institution License from the Monetary Authority of Singapore (MAS). This follows an in-principle approval received several months ago. With this license, Bitgo can now…

Bitstamp and Stripe Collaborate for EU Crypto Onramp

[Aug 8, 2024 6:30 AM] Crypto exchange Bitstamp is collaborating with Stripe, a financial infrastructure platform, to support Stripe’s fiat-to-crypto onramp across the EU. This collaboration enables EU consumers to easily purchase cryptocurrencies through a…