Hayat Tahrir al-Sham (HTS), a jihadist group in Syria is aiming to use bitcoin for its nefarious purposes and to promote it to its followers. The group at present gets most of its funding through taxes and tariffs on residents in areas under its control. They’re the most powerful remaining opposition force still committed to ousting the country’s president, Bashar al-Assad.
Chad Elwartowski, a rich Bitcoin trader has built his platform house off the coast of Phuket. But Authorities suspect he attempting to create an independent state and threaten the sovereignty of Thailand. The Bangkok Post also reports that crypto traders are leading the charge to “establish micronations,” exploiting a loophole in international law, thereby making the local authorities toothless against him.
One of the iconic building in France Notre-Dame Cathedral had suffered major damage from the recent fire accident. Though brought under control millions of euros worth of architecture and artwork has reduced to ashes. But French Bitcoin advocate, Gregory Raymond as applied to freanch crypto community, in his tweet: “Hey bitcoiners, let’s prove to the french authorities Bitcoin can be an amazing way to send funds quickly, without border and for a good cause!”
A data collected by Google Trend has unveiled that the keyword for “buy bitcoin” has shown a significant increase over the last months which is expected due to the increasing price on Bitcoin. The increasing interest of people to buy bitcoin shows a spike after increasing the price of bitcoin and the interest to purchase bitcoin has also slipped after the declining price of Bitcoin.
The lower house of the Federal Assembly of Russia, the State Duma has recently expressed their suggestion to ban bitcoin worldwide. The First Deputy of the State Duma Committee, Nikolai Arefyev explained “Cryptocurrency should not exist at all. It interferes the development of commodity production. And making money out of money is detrimental to the entire population of the earth.”
In a total of 14 tonnes of food was bought using cryptocurrency for a project involved in distributing aid to the crisis-stricken Venezuelans. Cryptocurrency has made it possible to deliver the aid to the residents due to its borderless and easy access nature and the team of the new cryptocurrency project Bitcoin Interest (BCI) have purchased the bitcoin together from their personal fund to buy the aid.
The CEO of Binance, Changpeng Zhao has recently shared in a tweet that a luxury house located in Australia is to be auctioned in where the cryptocurrency such as bitcoin and Binance Coin (BNB) are accepted as its payment. The auction was closed at $2.4 million and the buyer paid with Bitcoin, cryptocurrency enthusiasts from the U.S., Dubai, Australia, Asia, and other regions have participated.
The Japanese finance regulator the Financial Services Agency (FSA) has informed that they no longer intended to describe Bitcoin (BTC) as a virtual currency. The Professor Iwashita Goto of the Public Policy Graduate School of Kyoto University has argued that it has become something beyond a means of transacting referring to Bitcoin & said, “I don’t think it would be worthwhile to call Bitcoin virtual currency.”
A poll conducted by the Russian Center has recently shared the investment percentage of cryptocurrency activity among the Russian. According to the poll conducted, 65% of the Russian has ever heard about cryptocurrency with a mindset that it is a bad investment. The poll has also revealed that only 2% of the Russian citizen have bought Bitcoin.
A Norway based blockchain startup, Unisot plans to built a distributed database for ERP systems that can support the different functions of business units.The platform was initially developed on the Bitcoin Core (BTC) chain. Stephan Nilsson, founder and CEO of Unisot explained, “It’s totally decentralized, but by using one and the same database for all companies, creates a lot of the problems…”