Connect with us


Emirates Airlines Plans to Accept Cryptocurrency Payments





Emirates Airline has announced that it will accept Bitcoin and other popular cryptocurrencies payments for it’s NFT collectibles. Emirates Airline will soon be adapting other digital solutions such as meta-verse, the move is part of the airline’s new strategy to develop methods of engaging with its customers.

The Dubai-headquartered airline also hopes to use blockchain technology in tracing aircraft records, as stated by Adel Ahmed Al Redha, Emirates Airline’ chief operating officer in a media gathering held at international travel trade show, the Arabian Travel Market.

Just last month, in a statement, Emirates announced its intention to launch NFT collectibles and develop exciting experiences in the metaverse for its customers and employees alike. Last month, the carrier announced that its EXPO 2020 pavilion in Dubai would be repurposed as an NFT development center.

It is fitting that our future-themed Emirates Pavilion at Expo is being repurposed as a hub to develop cutting-edge future experiences aligned with the UAE’s vision for the digital economy.

HH Sheikh Ahmed bin Saeed Al Maktoum, CEO, Emirates airline and Group

Two countries in the world already accept Bitcoin as legal tender — El Salvador and the Central African Republic. As crypto adoption becomes more mainstream, an increasing number of brands are enabling crypto payments at stores. Today, the virtual assets are already accepted by Starbucks, Microsoft, and AT&T, and other leading brands that are hoping to ride the crypto wave.

The airline is a subsidiary of The Emirates Group, which itself is a subsidiary of the Dubai government’s investment company, Investment Corporation of Dubai. The airline has recorded a profit every year, except the second year, and the growth has never fallen below 20% a year. In its first 11 years, it doubled in size every 3.5 years, and has every four years since.

In 2015 Emirates paid dividends worth AED2.6 billion (US$708 million), compared to AED1 billion (US$272 million) in 2014. The government has received AED14.6 billion from Emirates since dividends started being paid in 1999 for having provided an initial start-up capital of US$10 million and an additional investment of about US$80 million at the time of the airline’s inception.

The Dubai government is the sole owner of the company. However, it does not put any new money into it, nor does it interfere with running the airline.

Daily cryptocurrency trader, miner, technology enthusiast and a full time IT and security consultant. If you have any questions or comments please feel free to email him at [email protected]


Man Charged in $110 Million Cryptocurrency Scheme





Avraham Eisenberg, 27, from Puerto is accused of committing a $110 million cryptocurrency fraud according to court documents. He allegedly manipulated prices of perpetual futures contracts on Mango Markets, which allowed him to steal cryptocurrency from the exchange and its customers. He was arrested in San Juan, Puerto Rico on December 26, 2022 and is currently in detention, per a criminal complaint.

According to court documents. He allegedly manipulated prices of perpetual futures contracts on Mango Markets, which allowed him to steal cryptocurrency from the exchange and its customers.

Exploiting decentralized finance platforms is the new frontier of old school financial crimes in which criminals abuse emerging technologies for their own personal gain. With this prosecution, the Criminal Division is sending the message that no matter the mechanism used to commit market manipulation and fraud, we will work to hold those responsible to account.

said Assistant Attorney General Kenneth A. Polite, Jr. of the Justice Department’s Criminal Division

Mango Markets is a decentralized cryptocurrency exchange that offers various services to investors, including purchasing, borrowing and trading cryptocurrencies and cryptocurrency-based financial products. It is run by the Mango Decentralized Autonomous Organization (Mango DAO), which operates with its own cryptocurrency token, MNGO. Holding MNGO tokens grants investors the right to vote on modifications to the Mango Markets platform and decisions regarding the governance of the Mango DAO.

As alleged, Avraham Eisenberg manipulated the Mango Markets cryptocurrency exchange in order to obtain over $100 million in illicit profits for himself, Through his scheme, Eisenberg left others holding the bag. Market manipulation is illegal in all of its forms, and this office is committed to prosecuting such schemes wherever they occur – including the cryptocurrency markets

said U.S. Attorney Damian Williams for the Southern District of New York

The FBI is leading an investigation into the matter, with support from Homeland Security Investigations and IRS Criminal Investigation. Meanwhile, the Commodity Futures Trading Commission and Securities and Exchange Commission have launched separate civil proceedings.

The case is being prosecuted by the National Cryptocurrency Enforcement Team’s Trial Attorney Jessica Peck, along with Assistant U.S. Attorneys Thomas Burnett and Noah Solowiejczyk of the Southern District of New York.

Continue Reading


The Top 10 Most Popular Cryptocurrencies in 2023





Cryptocurrencies have became a popular subject in the recent years. In this post, we will take a look at the top 10 most popular cryptocurrencies by market capitalization, as of February 2023.


Bitcoin (BTC) – Bitcoin is the original cryptocurrency and still the largest by market cap. It was created in 2009 by an unknown individual or group going by the name of Satoshi Nakamoto. Bitcoin is decentralized and operates on a blockchain network.


Ethereum (ETH) – Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (dApps). It was created by Vitalik Buterin in 2015 and is currently the second-largest cryptocurrency by market cap.

Binance Coin

Binance Coin (BNB) – Binance Coin is the native token of the Binance exchange, one of the largest cryptocurrency exchanges in the world. It was created in 2017 and is used to pay for trading fees on the Binance platform.


Dogecoin (DOGE) – Dogecoin was created as a joke in 2013, but it has since become one of the most popular cryptocurrencies in the world. It was initially created as a parody of Bitcoin but has gained a significant following in recent years.


Cardano (ADA) – Cardano is a blockchain platform that aims to create a more secure and sustainable ecosystem for the development of decentralized applications. It was created by Charles Hoskinson in 2015.


XRP (XRP) – XRP is the native token of the Ripple network, a decentralized payment protocol that enables fast, low-cost international money transfers. It was created by Ripple Labs in 2012.


Tether (USDT) – Tether is a stablecoin that is pegged to the value of the US dollar. It is often used as a safe haven asset during times of market volatility.


Polkadot (DOT) – Polkadot is a multi-chain network that aims to connect different blockchain ecosystems together. It was created by Gavin Wood in 2016 and is currently the eighth-largest cryptocurrency by market cap.


Uniswap (UNI) – Uniswap is a decentralized exchange protocol built on the Ethereum blockchain. It allows users to trade cryptocurrencies in a trustless, decentralized manner.


Solana (SOL) – Solana is a high-performance blockchain platform that aims to provide fast, low-cost transactions for decentralized applications. It was created in 2017 and is currently the tenth-largest cryptocurrency by market cap.


These are just a few of the most popular cryptocurrencies that are currently available. Each one has its own unique features and uses, and the crypto market is constantly evolving, so it’s important to do your own research and stay informed. Keep in mind that past performance is not indicative of future results.

Continue Reading


Who is Satoshi Nakamoto?





Till today, the creator of Bitcoin Satoshi Nakamoto remains a mystery. The real identity of Satoshi Nakamoto is still unknown, and there have been various claims and theories about who they might be, but there is no concrete evidence to support any of them. Despite this, Satoshi Nakamoto’s impact on the financial industry has been profound, and their creation of Bitcoin and the blockchain technology has sparked a revolution in the way we think about money and financial transactions.

Satoshi Nakamoto’s background

Satoshi Nakamoto’s background is shrouded in mystery. They are believed to be a person or group of people with a strong background in cryptography and computer science, but there is no concrete information to confirm this. What is known is that Satoshi Nakamoto was the main developer of the Bitcoin software and was actively involved in the development and promotion of the currency in its early days. They were also the author of the Bitcoin whitepaper, a document that outlined the technical details of how the Bitcoin network would work.

In the early days of Bitcoin, Satoshi Nakamoto was heavily involved in the project. They were the first to mine Bitcoin and were active in the online forums and mailing lists that were used to discuss the development of the currency. However, in 2011, Satoshi Nakamoto disappeared from the public eye, after handing over control of the Bitcoin project to other developers. They have not been heard from since, and their whereabouts and true identity remain unknown.

Who is really Satoshi Nakamoto?

Craig Wright

One of the first individuals to claim to be Satoshi Nakamoto was an Australian entrepreneur named Craig Wright. In 2016, Wright publicly claimed to be Satoshi Nakamoto and provided evidence, such as digital signatures, to support his claim. However, many in the Bitcoin community were skeptical of Wright’s claim and pointed to inconsistencies in his evidence.

On May 2nd, 2016, a blog post on linked Craig Wright to Satoshi and included a message with a cryptographic signature. Security expert Dan Kaminsky called it a scam in his blog, while bitcoin developer Jeff Garzik stated that the evidence provided by Wright was insufficient. Jordan Pearson and Lorenzo Franceschi-Bicchierai further commented that Wright had merely used a signature from a bitcoin transaction carried out by Satoshi in 2009.

Elon Musk

There have been speculations that Elon Musk, the founder of SpaceX and Tesla, might be Satoshi Nakamoto. The speculation appears to have originated from a blog post on Medium by Sahil Gupta, who was an intern at Musk’s SpaceX company. Gupta believed that Musk’s expertise and interests could have driven him to create a cryptocurrency like Bitcoin.

Dorian Nakamoto

Another individual who claimed to be Satoshi Nakamoto was Dorian Nakamoto, a Japanese American man living in California. In 2014, a news article from Newsweek identified Dorian Nakamoto as Satoshi Nakamoto. However, Dorian Nakamoto denied the claim and stated that he had never heard of Bitcoin before.

Nick Szabo

A fourth individual who claimed to be Satoshi Nakamoto is Nick Szabo, a computer scientist and legal scholar known for his work on digital contracts. Szabo has been called the “father of smart contracts,” and many in the Bitcoin community believe that he could be Satoshi Nakamoto due to similarities in writing style and the use of similar technical terms in the Bitcoin white paper and Szabo’s previous work. However, Szabo has denied being Satoshi Nakamoto.

Hal Finney

Hal Finney is a well-known cryptographer who was the recipient of the first-ever Bitcoin transfer in 2009, sent directly from Satoshi Nakamoto. Some speculate that Finney himself might be the person behind the Satoshi Nakamoto pseudonym and that the transfer was simply made from one of his own addresses to another.

This theory is often reinforced by the fact that Finney was the first person to download Bitcoin’s software after it was made available by Nakamoto. However, according to Finney’s own statement, he turned off his Bitcoin mining capabilities after a few days as it made his computer overheat.

It is important to note that none of these individuals have been able to provide definitive proof of their identity as Satoshi Nakamoto. The true identity of the person or group behind the pseudonym remains a mystery. Some have said that the true identity of Satoshi Nakamoto may never be revealed, as the anonymity of the creator(s) is a central aspect of the decentralized and trustless nature of Bitcoin.

What Is Satoshi Nakamoto’s Net Worth?

The exact net worth of Satoshi Nakamoto, the pseudonym used by the creator(s) of Bitcoin, is unknown. Satoshi is estimated to have around 1 million Bitcoins, which at current prices would be worth around $23 billion. However, since Satoshi’s identity and location remain anonymous and unverified, their wealth is difficult to quantify and verify.

The impact of Satoshi Nakamoto

The impact of Satoshi Nakamoto on the financial industry has been significant. Bitcoin, the first decentralized digital currency, has the potential to change the way we think about money and financial transactions. It allows for secure, transparent and fast transactions without the need for a central authority, which can be beneficial for people living in countries with unstable currencies or without access to traditional banking systems.

Bitcoin’s underlying technology, blockchain, has also sparked a revolution in the industry. Blockchain is a decentralized, distributed ledger that allows for secure and transparent record-keeping. It’s been used to create thousands of new projects, from digital identities to supply chain management, and it’s being researched and adopted by various industries including finance, healthcare, and government.

Satoshi Nakamoto’s vision

Satoshi Nakamoto’s vision for Bitcoin was to create a decentralized, digital currency that could be used to facilitate secure and transparent financial transactions. The Bitcoin whitepaper outlines a number of features that were designed to make Bitcoin more secure, transparent, and decentralized than traditional financial systems. This vision has inspired many other projects and has led to the creation of thousands of new projects based on blockchain technology.


Satoshi Nakamoto, the creation of Bitcoin and the blockchain technology has sparked a revolution in the way we think about money and financial transactions, and it has led to the creation of thousands of new projects based on blockchain technology. Satoshi Nakamoto’s vision for a decentralized, digital currency that can facilitate secure and transparent financial transactions is still being realized today and has the potential to change the world for the better.

Continue Reading