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Reports: Crypto Is at the Forefront of the Side Job Economy for Argentines

Reports: Crypto Is at the Forefront of the Side Job Economy for ArgentinesArgentines are increasingly turning to online side jobs to have an additional crypto-based income. According to the local press, students who have lower incomes and are affected by the adverse conditions of the national economy, are the ones who are commonly getting into these jobs with foreign companies or platforms that pay in crypto. Argentines […]

Genesis Global Settles With New York AG for $2,000,000,000 in State’s Largest Crypto Settlement Ever

Bitwage Partners With Edge Wallet and Casa to Streamline Bitcoin Payroll Services to Mainstream Audiences

Bitwage Partners With Edge Wallet and Casa to Streamline Bitcoin Payroll Services to Mainstream AudiencesThe cryptocurrency payroll service Bitwage announced on Monday that the company has partnered with the digital currency wallets Casa and Edge Wallet in order to “bring bitcoin payroll to mainstream audiences.” Now Edge Wallet and Casa users can connect to the Bitwage platform’s services via a deep link or QR code. Crypto Payroll Company Bitwage […]

Genesis Global Settles With New York AG for $2,000,000,000 in State’s Largest Crypto Settlement Ever

Strawweight Luana Pinheiro Becomes First Female UFC Fighter to Be Paid in Bitcoin

Strawweight Luana Pinheiro Becomes First Female UFC Fighter to Be Paid in BitcoinOn Wednesday, the cryptocurrency payments service company Bitwage announced that the Ultimate Fighting Championship (UFC) strawweight Luana Pinheiro will be the first female UFC fighter to be paid in bitcoin. Pinheiro’s boyfriend, a UFC flyweight fighter, started getting paid in bitcoin last March and after her eight-fight winning streak, Pinheiro decided to follow her partner’s […]

Genesis Global Settles With New York AG for $2,000,000,000 in State’s Largest Crypto Settlement Ever

Cash App Introduces Paid in Bitcoin, BTC Roundup and Lightning Network Services

Cash App Introduces Paid in Bitcoin, BTC Roundup and Lightning Network ServicesAt the Bitcoin 2022 conference in Miami, Block, Inc., formerly Square, Inc., announced three new bitcoin services for the company’s mobile payment platform. The mobile payment platform Cash App will feature a “paid in bitcoin” service that allows users to auto-invest their work pay into bitcoin. Cash App Adds 3 New Bitcoin Services Jack Dorsey’s […]

Genesis Global Settles With New York AG for $2,000,000,000 in State’s Largest Crypto Settlement Ever

Fight for Bitcoin: Brazilian UFC star to receive fight earnings in BTC

UFC fighter Matheus Nicolau is moving to the Bitcoin paycheck to hedge against inflation and secure the value of his hard work.

Ultimate Fighting Championship fighter Matheus Nicolau is the latest world-famous athlete to opt to receive his fight earnings in the largest cryptocurrency, Bitcoin (BTC).

The eighth-ranked UFC flyweight fighter, Nicolau received his first salary in Bitcoin on Monday through a deal assisted by Bitwage payroll service, according to a joint announcement shared with Cointelegraph.

The Brazilian sportsman has opted to take a paycheck in BTC to hedge against the rising inflation. Nicolau said that earning Bitcoin will help him secure the value of his hard work and not to worry about his money going to waste, adding:

“I make my money the hard way. I bleed for it. MMA is an intense sport that you put everything you have into. While I constantly fight on one hand, I have a feeling I am constantly losing money on the other. Then it hit me: Bitcoin is the solution.”

Alongside the Brazilian fighter, his manager Vinícius Las Casas will also be using Bitwage to receive a portion of his salary in BTC. “We are very bullish on Bitcoin and we are looking to spread the Bitcoin gospel with this latest deal,” Nicolau’s manager Vinícius Las Casas said.

According to the announcement, Nicolau is the first Latin American athlete and the second UFC fighter to ever be paid in Bitcoin. In January, UFC heavyweight fighter Francis Ngannou announced that he will take half of his UFC 270 prize purse in Bitcoin via Cash App.

Related: New poll shows top regions where workers are taking crypto salaries

By starting to get paid in BTC, Nicolau joins the growing list of celebrities, politicians and athletes realizing the importance of holding Bitcoin recently.

In January, three-time NBA champion Andre Iguodala announced that he would take a portion of his estimated $2.6 million annual salary in BTC. As previously reported by Cointelegraph, seven NFL players, including Aaron Rodgers, Tom Brady and Trevor Lawrence, decided to begin either getting their entire paycheck in crypto or having a portion of salary converted to crypto in 2021.

Genesis Global Settles With New York AG for $2,000,000,000 in State’s Largest Crypto Settlement Ever

Bitwage Raises $1.5 Million in Latest Funding Round

Bitwage Raises .5 Million in Latest Funding RoundBitwage, the pioneer cryptocurrency-based payroll and invoicing company, has raised $1.5 million in its latest funding round. The funding round had participation from Draper Associates and Max Keiser’s Heisenberg Capital, using Bnktothefuture, a platform designed for making online investments. Bitwage will use these funds to extend its functionalities, now that it is facing competition from […]

Genesis Global Settles With New York AG for $2,000,000,000 in State’s Largest Crypto Settlement Ever

Coinbase to Add Direct Deposit Feature — US Paychecks Can Soon Be Converted to Crypto

Coinbase to Add Direct Deposit Feature — US Paychecks Can Soon Be Converted to CryptoOn September 27, the digital currency firm Coinbase announced that U.S. customers will soon be able to directly deposit their paycheck into their Coinbase accounts. With the new direct deposit feature, Coinbase customers can leverage their funds to make investments, generate yield, or add value to their Coinbase prepaid debit card. US Coinbase Customers Will […]

Genesis Global Settles With New York AG for $2,000,000,000 in State’s Largest Crypto Settlement Ever