Tech

The robber caused a stir when it started a hostage situation in an Amsterdam-based Apple store, before demanding more than 200 million euros in crypto.  Robber Takes Hostage, Demands Crypto Ransom An armed man, dressed in camouflage, reportedly took over an Apple store in Leidseplein and held one person at gunpoint. The armed man afterward gave an ultimatum of 200 million euros to be paid in crypto or the hostage's life. The suspect, only later identified by a local newspaper…

JP Morgan has joined the Metaverse. The largest bank in the U.S. has secured its spot in Decentraland. Decentraland is a game that allows users to build land and create assets from scratch. It also allows them to build rooms, buildings - and entire cities. In the heart of the game's Metajuku district, a play on Tokyo's Harajuku shopping district, JP Morgan built its Onyx lounge. https://twitter.com/fintechfrank/status/1493633222424551434 Named after its crypto initiative, the Onyx lounge features a tiger roaming the…

Coinbase Super Bowl ad got a lot of attention, so much so that it crashed their site. The crypto exchange created an unconventional ad for the Super Bowl time slot when viewership is at an all-time high. Their ad, however, featured just a logo that bounced across a black screen. In the nearly 60 seconds the ad lasted, the logo changed to a QR code. The ad, which cost an estimated $14 million, did not explain the QR code. Naturally, this…

Uber is looking into enabling crypto payments and will "absolutely" allow them - at some point. However, that may not happen until transaction costs and environmental impact drop. Uber's CEO Dara Khosrowshahi said that the company could "definitely" accept cryptos like Bitcoin at some point in the future. In an interview with Bloomberg tech, the CEO revealed that the ridesharing company discusses crypto payments within the app. However, that won't happen until crypto payments become less expensive and lower their…

Apple has announced the rolling out of a new feature on Apple Pay called Tap to Pay. This offering could allow iPhone users to receive and make payments off several crypto platforms and exchanges with a simple tap on their device. Apple insists it would need no additional hardware other than an iPhone to make these transactions. On Tuesday, February 8, 2022, Apple publicly declared its intentions of integrating a feature that will enable merchants to accept contactless payments directly…

Leading crypto exchange Binance has teamed up with YG Entertainment, a leading South Korean multinational corporation. The exchange unveiled this news through a blog post earlier today. This partnership will see YG and Binance work on an array of blockchain projects, including NFTs. According to the blog post, Binance will provide the NFT platform and technology infrastructure. On the other end, YG will supply NFT content and gaming assets. The two companies are also looking to develop Binance Smart Chain-based…

After a public controversy, the ENS community voted to remove Brantly Millegan as a steward over a controversial tweet. Ethereum Name Service, a DAO in charge of .eth domains, found itself in the middle of a "cancel culture" controversy. It all started with one tweet from 2016 by Brantly Millegan, a developer and a steward of the DAO. homosexual acts are evil. Transgenderism doesn’t exist. Abortion is murder. Contraception is perversion. So is masturbation and porn When the tweet surfaced,…

MyCointainer, a cryptocurrency staking platform, recently raised more than $6 million in a Seed A funding round. The Polish startup will use these funds to help develop and expand its yield earning platform to Asian, European, and Middle Eastern countries.  What Is MyCointainer? MyCointainer’s funding round includes top names within the crypto industry, including Maple Block, Shima Capital, and ByBit exchange. Each of these organizations has a history investing in some of the most successful names in crypto, including 1Inch,…

A crypto exchange Crypto.com confirmed that hackers stole nearly $34 million during Monday's hack. In a Tuesday update, the exchange revealed that hackers stole 443.93 bitcoin ($18.7 million), 4835.25 ether ($15.2 million) and approximately $66,200 in USD. The company faced criticism over its communication after the incident. The company's CEO only confirmed the hack on Wednesday, three days after it took place. In total, the hack affected 483 users. However, Crypto.com said that they fully reimbursed all of them. The…