SL Benfica Offers Cryptocurrency Payment Option for Online Store June 6, 2019

Major Portuguese sports club SL Benfica now accepts cryptocurrency for merchandise and tickets, Verdict reports on June 6. According to the report, SL Benfica partnered with cryptocurrency service Utrust to provide the new payments option. Fans and customers can now buy tickets any products on the club’s website with Utrust’s native token (UTK), or with […]

Ethereum Scam App Appears on Google Play Store, Malware Researcher Reports August 22, 2018

Android’s Google Play Store has recently become a spot for hosting another reported Ethereum (ETH) scam application, The Next Web reports August 21. Lukas Stefanko, a malware researcher from Slovakia, found a fraudulent “Ethereum” application on Google Play that had been allegedly offered for purchase at price of €335 or around $388, according to The […]

A Japanese Telecom Giant Wants to Use Blockchain to Store Contracts July 20, 2018

Japanese telecommunications giant Nippon Telegraph and Telephone (NTT) may be looking to invent a new contract agreements system based on blockchain technology, according to a patent application published Thursday. The world’s fourth-largest telecom provider details how it could use the application to store contracts without allowing for documents to be tampered with. As outlined, the system […]

Fed Chair: Crypto Has No Intrinsic Value, Not a Store of Value, Great for Money Laundering July 19, 2018

Finance The Federal Reserve’s new chairman made his stance on cryptocurrency clear to the US House of Representatives on Wednesday. In his view, cryptocurrencies have no intrinsic value, are not used often as a means of payment, are not a store of value, but are great for money laundering. He also dismisses the idea that […]