The Urban Mine

Empowering Communities with E-Waste

US Justice Department Charges John McAfee with Cryptocurrency Fraud

The US Department of Justice has charged antivirus software entrepreneur John McAfee with money laundering and fraud offences stemming from two crypto schemes. The Justice Department charged McAfee, 75, and his bodyguard, Jimmy Gale Watson Jr,40, in a newly unsealed indictment in Manhattan federal court on Friday, February 5. The prosecutors described Jimmy Gale Watson […]

MicroStrategy Scoops Up an Additional 205 Bitcoins for $10 Million

American business intelligence and software development company, MicroStrategy Incorporated has scooped up yet another 205 Bitcoins at an average price of approximately $48,888 per coin and at an estimated value of $10 million. This duly positions the company as the publicly-listed company with the most aggressive buy-up stance on Bitcoin. At the time of the […]

Bitcoin Whales Move $1,450,000,000 in BTC in Just 24 Hours – Here’s Where the Crypto Is Heading

Large crypto holders are moving massive amounts of Bitcoin amid the market downturn. A total of $1.45 billion has been transferred in just 24-hours, according to blockchain tracker Whale Alert. The biggest movement sent 13,071 BTC worth $673.8 million in a single transaction. The giant Bitcoin holder in question moved the flagship crypto-asset between two […]

Billionaire Tim Draper Predicts Netflix Will Be Next Corporate Giant To Invest in Bitcoin – Here’s Why

Billionaire venture capitalist Tim Draper predicts Netflix will be the next Fortune 500 company to invest in Bitcoin. In a new episode of the Unstoppable Podcast, Draper says that if he were running the finances of a corporate behemoth, he would be eyeing BTC as a potential hedge against multiple things. “If I’m the CFO […]

Ethereum’s Future Is Far More Uncertain Than Bitcoin’s, Says Andreas Antonopoulos

Bitcoin evangelist and educator Andreas Antonopoulos says Ethereum’s future is a blank canvas, compared to Bitcoin. In a new interview with Real Vision, Antonopoulos says Ethereum’s vast amount of potential use cases makes it hard to pinpoint exactly what’s in store for the world’s second-largest cryptocurrency by market cap. He says that while Bitcoin’s design is […]

Is Coinbase Preparing To Launch Its Own Crypto Asset? New Document Hints at New Token

US-based crypto exchange Coinbase is hinting at possibly launching its own token as part of its plan for going public. In its official filing with the U.S. Securities and Exchange Commission (SEC) to receive approval for an initial public offering (IPO), Coinbase says that part of its capital-raising strategy may include the issuance of its […]

Billionaire Mark Cuban Says Crypto Is About To Change How All Businesses Work – Here’s How

Billionaire investor and Shark Tank veteran Mark Cuban says the crypto sector is going to fundamentally transform the way businesses function. In a new interview, Cuban tells Jason Calacanis of the Angel Podcast that blockchain technology and decentralized finance (DeFi) are on the verge of revolutionizing many industries. The entrepreneurial titan explains that as the […]

Logan Paul Sells $3,500,000 in Crypto Art in Just 24 Hours Through Polkadot-Based Project

YouTube star Logan Paul just sold $3.5 million worth of crypto-backed digital art in less than 24 hours. Paul is collaborating with Bondly, a decentralized product in the Polkadot ecosystem, to create his own line of Pokemon-inspired non-fungible tokens (NFTs). NFTs feature identifying data in their smart contracts that make each one unique, which means […]

Deutsche Bank Preparing To Support Crypto Assets, Providing Prime Brokerage and Storage for Clients

A World Economic Forum report is unveiling Deutsche Bank’s plans to introduce a digital asset custody platform that provides prime brokerage and storage for clients. In a recently published document, the bank states that it plans to build a platform that integrates cryptocurrencies and digital asset programs with conventional banking. “Deutsche Bank aims to develop […]

DeFi Could Trigger Paradigm Shift in the Financial Industry, According to St. Louis Federal Reserve Report

The St. Louis Federal Reserve, one of the 12 regional banks of the US central banking system, has published a new report analyzing the potential of decentralized Finance (DeFi). DeFi is an all-encompassing term describing a push to automate and remove middlemen from traditional financial services like trading, borrowing and lending, derivatives, and insurance. Fabian […]

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