Seven Premier League Football Clubs Sign Bitcoin Advertising Deal With eToro

UK-based trading platform eToro has signed an advertising deal with seven Premier League football clubs paid in Bitcoin for the first time, the parties revealed Tuesday, August 21. According to various sources, UK clubs Tottenham Hotspur, Brighton & Hove Albion, Crystal Palace, Cardiff City, Leicester City Football Club, Newcastle United and Southampton announced they had signed up to… Read More »

Researcher Challenges Bitcoin Mining Energy Consumption Alarmists, Says Debate ‘Oversimplified’

A clean energy expert has hit back against the common perception that high energy consumption is an “Achilles Heel” for Bitcoin (BTC), in an article published by The Conversation August 20. Katrina Kelly, Strategy Manager at the University of Pittsburgh’s Center for Energy, says that we need to shift the debate around Bitcoin mining away from energy-intensivity and… Read More »

150-Year-Old MetLife Pilots Diabetes Insurance Payments on a Blockchain in Singapore

Advertisement MetLife has started tests on an automated insurance solution that will see enrolled pregnant women in Singapore get an automatic payout in case they are diagnosed with gestational diabetes. Developed by LumenLab, the innovation center of MetLife Asia, the experimental product known as ‘Vitana’ will make it unnecessary for enrollees of the insurance cover to file a… Read More »

Hardly Anyone is Using Bitcoin Cash as 67 Wallets Control 56% of Supply

Bitcoin Cash just celebrated its first birthday at the beginning of August. However, recent reports of low commercial use coupled with an 85% drop in market cap from its all-time high are putting a damper on the party. The Real Bitcoin?  It has been just over one year now since Bitcoin Cash 00 forked from the Bitcoin ‘core’… Read More »

‘Bitcoin Jesus’ Roger Ver Still Struggling to Bring Bitcoin Cash Forward

Roger Ver, the digital currency enthusiast known as ‘Bitcoin Jesus’ is still struggling to win converts to his preferred coin Bitcoin Cash (BCH), this evident as blockchain analytics firm Chainalysis claims that BCH is barely being used in commerce. Bitcoin Cash Continues to Struggle Chainalysis came to its findings due to a review of payments received by the… Read More »

Rally Ahead? Bitcoin’s Price May Be Charting a Previous Bull Pattern

History often has a way of repeating itself. The current price pattern in the bitcoin market is eerily similar to the one observed in the run-up to a major rally that occurred on April 12. To start with, bitcoin charted a long-tailed candle on Aug. 14, similar to the one seen on Apr. 1, signaling the sell-off from the July… Read More »

‘Bitcoin? Hope and Hype’: Swiss Stock Exchange Isn’t Adding Crypto to Crypto Assets Exchange

Cryptocurrency trading will not be part of the features of Swiss stock exchange’s new digital asset platform. This decision is not due to the lack of capacity to implement such, but basically an issue of priority. “The capability is there to do it, but to be honest it’s not a priority. There are plenty of The post ‘Bitcoin?… Read More »

Bitconnect Exchange Kingpin Who ‘Lured Investors’ Arrested in India

Murkier details of the Bitconnect cryptocurrency scam have emerged as police have arrested the head of the defunct cryptocurrency exchange. [Note: This is a guest article submitted by Bhushan Akolkar] Bitconnect — A Pyramid Scheme of Scams Last Saturday, August 18, Indian authorities arrested Divyesh Darji, the Asian head of defunct cryptocurrency exchange, in a high-profile scam worth 880… Read More »

$24 Million Thai Bitcoin Scam Involves Renowned Investor and TV Actor

Renowned stock exchange investor Prasit Srisuwan claimed to be a damaged party in the case of a $24 million bitcoin scam that victimized Finnish national Aarni Otava Saarimaa. Srisuwan recommended Saarimaa to invest in DNA 2002 Plc shares, a bitcoin-related business, for its high-growth potential. He brokered the deal, but never managed to deliver the stock after taking… Read More »

Energy Firm Discloses Major Crypto Losses Amid Blockchain Rebrand

An energy firm that is publicly traded in Hong Kong and chaired by a Chinese billionaire is planning to rebrand itself as a blockchain company despite having lost millions investing in cryptocurrencies. Called Global Energy Resources International Group, the firm filed a proposal with the Hong Kong Stock Exchange on Monday indicating it seeks to change its Chinese… Read More »