El Salvador’s national Bitcoin chief has been orange-pilling Argentina

The United Nations Security Council's Sanctions Committee on North Korea has accused the country of using a Hong Kong-based blockchain firm as a front to launder money. As South Korean newspaper Chosun Ilbo reported on Nov. 6, the committee conducted an investigation into the various strategies allegedly employed by the North to evade sanctions using cryptocurrencies…

South Korea’s biggest internet corporation Kakao will reportedly integrate its crypto wallet in its messaging app KakaoTalk, local financial news agency Fnnews reported on March 18.According to the report, more than 44 million South Korean KakaoTalk users will be able send peer-to-peer transactions using Kakao’s crypto-powered wallet.The South Korean messaging giant will reportedly integrate the…

The decision ends the complex case with a creditor-approved plan that will see their partial reimbursement and make them shareholders in a new company. 802 Total views 19 Total shares The Celsius bankruptcy plan has been approved. The path is now clear for customers to see some of their funds returned and receive shares in

Crypto functions much like traditional fiat money, offering an easy way to pay for goods and services and compensate workers for their labor. What’s even more promising is that crypto offers a number of benefits over fiat, with its decentralized nature eliminating the need for centralized intermediaries. Depending on the blockchain, transactions can be processed…

Swedish crypto-powered mobile refill service Bitrefill has closed a seed round of $2 million to expand its services, crypto media outlet The Block reports on June 13.The Stockholm-based company offers mobile service top-ups in bitcoin (BTC), enabling users to recharge their mobile subscriptions using the major cryptocurrency.Following the new funding round, led by United States-based…

As the crypto industry continues to grow, it becomes increasingly intertwined with traditional finance (TradFi) to the benefit of end users. TradFi is notoriously slow, inefficient and expensive. International wire transfers, which take days and double-digit dollar fees in most cases, are a perfect embodiment of the current state of traditional finance.By comparison, decentralized finance

The CEO of Pudgy Penguins — a nonfungible token project that recently launched a line of “phygitals” on Amazon despite the bear market — has offered one piece of sage advice to budding projects: Stop talking about crypto.Speaking with Cointelegraph, 24-year-old entrepreneur Luca Netz said that many NFT projects overwhelm people with Web3 jargon and…