Cryptocurrency Analysis and News Portal
With the gain of 65% since May, the Illinois resident who spent half of his lottery winnings on Bitcoin had to pay $143,000 in taxes to the state.Earlier this year, a man from the state of Illinois made a killing, winning $500,000 in a state lottery. Recently, he revealed that
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Xpring, Ripple’s investment arm and tech incubator has completed a strategic investment into smart contract platform Flare Networks.Joining the XRP ecosystemOn Nov. 5, Flare Networks reported that it secured a partnership and investment with Xpring that will enable the company to bring a “wealth of resources and partners to
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Jack Dorsey, the CEO of Twitter and Square is increasing his stake in the cryptocurrency arena as the Wall Street Journal (WSJ) reports the bitcoin bull investing in CoinList. Dorsey’s other company, Square, is also heavily involved in bitcoin trading. Dorsey Endorses CoinList Speaking to the WSJ on the decision to invest
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Troubled online retailer Overstock has invested $2 million USD in blockchain-based identity firm Evernym through its crypto division, Medici Ventures. Blockchain-Based Identity Technology Evernym was founded in Salt Lake City in 2013 and has developed a blockchain-based technology that allows organizations and governments to issue, accept, and verify credentials that operate similarly to a
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One of the largest crypto exchanges in the world, Binance, made its first strategic Chinese investments since leaving China back in 2017. Binance joined the third funding round of Beijing-based Mars Finance, a local crypto and blockchain news publication.The exact amount invested wasn’t disclosed; however, Chinese media and data source
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A Norwegian savings bank dating back to the mid-1800s has just invested in a cryptocurrency exchange set up by local business magnate Bjørn Kjos. In a press release posted on the Oslo Stock Exchange, Sparebanken Øst said it had taken a 16.3
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When the 12-year-old Erik Finman bought $1,000 worth of Bitcoin(BTC)trade in the summer of 2011, he was confident that he could turn this $1,000 into a million. By 2017, his vision proved to be true as he became a millionaire.After becoming the youngest Bitcoin millionaire, Finman explored different avenues after
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Blockchain startup Blockstack PBC has received strategic investment from Japanese human resources giant Recruit Holdings.U.S. startups look for Japanese partnershipsThe Block reported the startup’s new funding on Aug. 22. As part of the investment deal, Recruit, which is currently valued at $50 billion USD, is purchasing Blockstack’s STACK tokens. Blockstack
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