Australian clinic starts accepting payments in crypto

Dental on Flinders clinic accepts BTC, BCH, DASH, LTC, ETH, Ripple, and Dentacoin, and plans to accept up to 50 cryptocurrencies as a method of payment for dental services 
09 January 2018   1836

Dental on Flinders, a dental clinic located in Melbourne, offering all aspects of general, restorative and cosmetic dentistry, has announced accepting cryptocurrency as a means of payment.

Australian dental clinic states that it will be accepting a range of different cryptocurrencies, aiming to accept up to 50 major currencies, and having preference over the currencies with fast transaction times and low fees such as BCH, LTC and DASH.

In his white paper, Satoshi Nakomoto envisioned Bitcoin to ultimately be a universal currency which could be used in exchange for goods and services. We’re excited to be one of the first to implement this and we invite you to get involved!

Dental on Flinders statement towards cryptocurrency

On January 9 of 2018, it came to light that the advanced Australian dental clinic added Dentacoin (DCN) to the list of accepted cryptocurrencies. 

Dental on Flinders became the sixth dental clinic to accept Dentacoin as a means of payment, while the other partner clinics include F3T Dental Clinic (London, United Kingdom), CONTIDENT (Budapest, Hungary), Swiss Dentaprime (Varna, Bulgaria), Dentech Dental Care (Pune, India), Mr. iTeeth (Taipei City, Taiwan).

Dentacoin is showing an incredible rise in price lately, having increased 800% during past 7 days and jumping to the 9th position in the list of tokens ranked by market capitalization. The market cap of the coin jumped from $165 million on January 2 to the point of $2,4 billion on January 8.

Dentacoin charts january 2018Dentacoin Charts for January 2018

At the moment of press, these are the main market parameters of Dentacoin:

  • Average Price: $0,0046
  • Market Cap: $1 502 947 878
  • 24h Volume: $16 772 000

US Authorities to Sell $4.3M Worth Seized BTC

As reported, the Bitcoins were seized during different federal investigations
18 October 2018   90

The US Federal Penitentiary and Marshals Service has announced an auction, during which 660 Bitcoins will be sold, previously confiscated by law enforcement agencies. The current market value of the coins put up for sale is about $ 4.3 million, CoinDesk reports.

Bitcoins offered for sale were seized during federal criminal, civil and administrative investigations.

The auction will be held on November 5, and to participate in it, you must register no later than October 31 and make a deposit of $ 200,000.

The trades will be divided into two parts and include the sale of six blocks of 100 BTC and one more block of 60 BTC. Auction participants will not be able to view other people's rates or change their own.

The Office clarified that part of the assets put up for auction includes Bitcoins, which were seized during the recent investigations into the cases of the traders Teresa Tetley and Thomas Mario Costanzo. Teresa Tetley was sentenced in July to a year in prison on charges of trading in cryptocurrency without the necessary license and laundering money obtained from drug trafficking.

The Marshals do not report which part of the bitcoins seized from Tetley and Costanzo is put up for auction, however, it was previously known that 40 BTC were withdrawn from the first, and 80 BTC from the second.

Two previous major auctions for the sale of confiscated bitcoins were held in the United States in January and March of this year. In the first case, 3813 BTC was sold, in the second - 2170 BTC.