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COVID-19: Indian Black Marketeers Offering Vaccines for Bitcoin

Indian black marketeers have started offering unapproved COVID-19 vaccines to desperate high-profile patients in the region in exchange for bitcoin (BTC). So far, over 151k Indians have been killed by the virus and the government is yet to officially approve any vaccine, according to reports on January 12, 2021. Bitcoin… ....

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A Coronavirus Test Center in Germany's Largest Airport Is Using IOTA

A coronavirus test center at a Frankfurt airport uses IOTA technology to immutably store and protect travelers' information proven to be virus-free, a tweet that first broke the news and later confirmed to be true by a developer of the IOTA Foundation reveals on Jan 7. Using IOTA for Coronavirus… ....

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Gaming Conglomerate Nexon Plans to Acquire Bithumb for $460 million

Nexon Group, a multi-billion dollar gaming conglomerate based in South Korea, is reportedly preparing to acquire Bithumb, the country's largest cryptocurrency exchange, for a price tag of close to $500 million. Nexon to Get 65% of Bithumb's Stake The news of the planned acquisition was reported by local media outlet… ....

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Finland Customs Set to Auction Confiscated Bitcoin Worth $75M

Reading Time: 2 minutes
by
Anthonia Isichei
on
January 8, 2021 Bitcoin
Tulli, Finland’s customs service is the latest government agency looking to profit off the recent Bitcoin price spike by auctioning off its stash of seized BTC. Several enforcement agencies have in the past sold off cryptocurrencies recovered as part of investigations into criminal syndicates.
Tulli to Sell Almost 2,000 BTC Seized from Criminals
According to Finnish broadcast house Yle, the country’s customs authority is set to auction off about 1,981 Bitcoin seized during several criminal raids in the last five years. Indeed, 1,666 BTC of the auction sum comes from its 2016 investigation into the notorious Finnish drug kingpin Douppikauppa. ....

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Iran Wages War on Bitcoin Miners, Shutters 1,620 Unlicensed Operators

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by
Ogwu Osaemezu Emmanuel
on
January 8, 2021 Bitcoin
Iranian authorities have hammered down a massive 1,620 bitcoin (BTC) and crypto mining farms in the state. The authorities claim the operators of the bitcoin ming farms failed to register with the government as earlier directed, according to reports on January 7, 2021.
Iran Shuts Down Illegal Bitcoin Miners
Having officially recognized bitcoin mining as an industry earlier in August 2019, and made it clear to operators that they must obtain licenses from the relevant authorities, the government of Iran is now clamping down on unauthorized crypto miners in the state.
Per sources close to the latest development, Iranian authorities have clamped down on 1,620 unauthorized crypto mining farms that allegedly used nearly 250 megawatts of electricity since late 2019. ....

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