How to send money to family and friends abroad with cryptocurrency

His big takeaway? Mining rigs give off a lot of heat. Kosala Hemachandra, founder and CEO of crypto asset storage platform, MyEtherWallet, mined Bitcoin as a way to pay his Los Angeles rent between 2014-2015. When it came time to pay his bills, he would convert his coins into cash to facilitate the actual transaction.In…

Solana ETF approvals are extremely unlikely this year, though VanEck’s head of digital assets, continues to believe in them.

The Sacramento Kings — who spearheaded Bitcoin (BTC) payments for fan merchandise back in 2014 — have revealed some of the quirks in their history of cryptocurrency engagement.According to a Nov. 21 report from Front Office Sports, the NBA team’s chief technology officer, Ryan Montoya, remarked:“People from all over the world were buying Kings jerseys,…

Ray Dalio, multi-billionaire and founder of investment firm Bridgewater Associates, said investors should not miss out on traditional markets, CNBC reported on Jan. 21.Dalio warned from holding Bitcoin, saying that it’s neither a medium of exchange nor a store of value.Dalio was interviewed at the World Economic Forum in Davos, Switzerland, where he advised investors…

ERC-404 uses a mint-and-burn protocol to enable fractional ownership of NFTs, add more liquidity to the ecosystem, and open up a plethora of new use cases.

The former CEO and chairman of Starbucks, Howard Schultz, has announced he is considering an independent run in the forthcoming 2020 United States presidential elections, in a tweet posted on Jan. 27.“I love our country, and I am seriously considering running for president as a centrist independent,” he wrote — prompting a spate of critical…

Brian Armstrong, co-founder and CEO of Coinbase, responded to fears surrounding a disclosure that the company made in its recent report. 223 Total views 1 Total shares Following the Coinbase report where the company declared its losses, a disclosure that suggests that users are not protected in the case of bankruptcy has been gaining traction…

This week the total crypto market capitalization rallied 10% to $1.68 trillion, which is a 25% recovery from the Jan. 24 bottom. It's too early to suggest that the market has found a bottom but two key indicators — The Tether/CNY premium and CME futures basis — have recently flipped bullish, signaling that positive investor…