Computer chip manufacturer Intel Corp. has revealed it holds a stake in the leading U.S. cryptocurrency exchange, Coinbase. The tech giant purchased the shares worth almost $800,000 after the digital asset trading platform went public earlier this year. Intel Acquires Shares of Crypto Exchange Coinbase Intel has disclosed it owns Coinbase stock in a quarterly…
The global charity organization, CARE, has created crypto-based vouchers that will be distributed to women and select groups in Africa and Latin America. According to CARE, these vouchers will be redeemable for goods, services or cash and linked to the needs of recipients. However, in its statement announcing the launch of the pilot phase, the…
A Venezuelan merchant was kidnapped and killed after his family failed to gather a ransom that kidnappers explicitly asked to be paid in bitcoin. The perpetrators asked for a sum of 1.5 bitcoin to release the hostage, later lowering the ransom to 0.5 bitcoin. The family of the victim finally was unable to gather the…
On Friday, the price of the token Cardano soared above the $2 mark, approaching the crypto asset’s three-month-old all-time high. ADA’s price increase was triggered by a video statement by Cardano’s Nigel Hemsley, who stated that the Cardano network would be upgraded on September 12, 2021. The much-anticipated “Alonzo Purple” patch seeks to provide fully…
Lionel Messi, the Argentinian soccer superstar, has opted to receive cryptocurrency as part of his new contract signed with the French club Paris Saint-Germain. The club revealed that the player will receive crypto as part of his $30 million payment, as a “welcome package” given to the player. The proportion of the crypto stash in…
According to CoinGecko, Cardano’s ADA has risen 12 percent in the last day to a new 12-week high, making it the world’s third-largest cryptocurrency by market capitalization. Cardano’s ADA Third Largest Cryptocurrency Since bouncing off $1.00 support on July 19, the cryptocurrency has been steadily rising and is currently trading at $2.03 as of 6:08…
