To help locate more than $160 million in missing bitcoin, a Wales man proposes using two robot dogs in the treasure hunt of a lifetime.
Bryan Chaffin and Jeff Gamet discuss Bryan’s thought that Apple isn’t wrong to avoid cryptocurrency, at least not for now. But, there are lots of things coming in the crypto world that will change that. They also talk about Apple’s new Small Business Essentials service that helps companies manage their employees’ devices.
Tim Cook dismissed the idea that Apple will accept cryptocurrency in exchange for products, but revealed he does personally own some.
In a move that may increase Bitcoin adoption in El Salvador, a local budget airline will begin taking payment using state-run Chivo wallet.
China’s recent all-out cryptocurrency ban sent prices tumbling. Bitcoin and others have already regained some lost ground, though.
El Salvador’s Bitcoin Law goes into effect on September 7. Most Salvadorans think it should be repealed, but they don’t know what it means.
On Apple Context Machine, Bryan Chaffin and I briefly discussed credit and debit cards that are linked to cryptocurrency. It turns out, there are actually 54 such cards already, just in the Visa catalog.
These projects have gained traction — crypto-linked Visa debit cards facilitated over $1 billion worth of transactions across Visa’s 70 million merchants worldwide in the first half of 2021 alone. $1 billion is only a small fraction of the trillion-dollar payments industry, however retail interest in cryptocurrencies is picking up, suggesting the market has room to grow, especially with younger generations.
Bryan Chaffin explains how Bitcoin faucets work and which faucets you can trust to pay. [Update: reformatted the guide, removed several defunct faucets, updated all descriptions, and added some new earning opportunities, too. – Bryan]
Bryan Chaffin and Jeff Butts talk about the current state of Mac gaming, with Jeff focusing on improved Mac support at Steam. They also dive deeper into crypto credit cards where you can either spend your crypto and/or earn cryptocurrency rewards like Bitcoin on your purchases. And, Jeff has been deep into iOS 15 betas, and he talks about some of his favorite new features.
England’s Metropolitan Police Service has seized almost £180m (US$249m) worth of bitcoin. The seizure came as the result of an investigation into international money laundering, The Guardian reported.
“While cash still remains king in the criminal word, as digital platforms develop we’re increasingly seeing organised criminals using cryptocurrency to launder their dirty money,” said the Metropolitan police’s deputy assistant commissioner, Graham McNulty. A 39-year-old woman was arrested on suspicion of money laundering after the first haul was discovered and has been interviewed under caution over the £180m discovery. One bitcoin is worth about £23,500, having fallen from a peak in April of £47,126.48, meaning the sum confiscated may have been worth nearly double three months ago. The assets were seized by the force’s economic crime command and the investigation is continuing.