Connect with us

Crypto

Drake donates $1 million in Bitcoin to LeBron’s charity

Published

on

Canadian rapper, Drake is donating $1 million worth of Bitcoin to the LeBron James Family Foundation

The 35-year-old took to Instagram to say that he recently had an “incredible night” betting and winning big in roulette on Stake.com.

The company is a global online gambling house for crypto-enthusiasts.

Drake says he was blessed to win the large sum of money, adding that whenever he receives good karma, it needs to be transferred.

Lebron’s charity creates generational change for the kids and families of his hometown in Ohio.

The NBA star has a keen focus on education and co-curricular educational initiatives.

Continue Reading

Crypto

Celsius Network propped up token with investor money

Published

on

It’s been revealed crypto lender Celsius used investor money and customer deposits to prop up its own token and inflate its balance sheet

 
Celsius gathered crypto deposits from retail customers and invested them in the wholesale crypto market.

It raised some of the initial capital to fund its business by creating and then selling its own crypto token.

Celsius filed for bankruptcy in July last year, after freezing customer withdrawals from its platform.

Continue Reading

Business

Binance & Mastercard to launch prepaid crypto card in Brazil

Published

on

Binance has launched a prepaid crypto card in Brazil in partnership with Mastercard

 
The card will be available to all Binance users in Brazil with a valid national ID, and allow them to make payments and pay bills with 13 cryptocurrencies.

The product is now in a soft-launch phase and “will be widely available in the coming weeks”.

Brazilian consumers are popular crypto users, as nearly half have made made at least one crypto transaction in the past year.

This isn’t the only South American nation to have the partnership between the two financial giants, as Argentina also has a similar offering.

Continue Reading

Crypto

South Korea to introduce virtual asset tracking system for crypto

Published

on

The South Korean Ministry of Justice has announced it is introducing a ‘virtual asset tracking system’

The aim will be to strengthen the tracking of money laundering and recovery of criminal proceeds using cryptocurrency.

Three-quarters of illegal foreign exchange transactions in South Korea are crypto-related.

The ministry will use the tracking system to check and monitor transaction records, extract details on the relationship between transactions, and confirm fund sources before and after transfers.

Continue Reading
Live Watch Ticker News Live
Advertisement

Trending Now

Copyright © 2022 The Ticker Company PTY LTD