Brisbane Airport to Accept Bitcoin in its Terminal

Brisbane Airport has partnered with TravelbyBit to become a leader in the airport digital innovation space
24 January 2018   2228

Brisbane Airport (BNE) announced on December 24 that travellers will soon be able to use TravelbyBit’s cryptocurrency payment system, including bitcoin, dash, ethereum and other cryptocurrencies to shop at stores such as Botanist, Spoon, Windmill & Co., and Forte Espresso, as well as Australian Way, Merino Collection, Carry On, Dreamtime Journey and multiple News Travels across both terminals.

We’re also proud to be the first airport in the world to achieve this in partnership with a small local start-up business such as TravelbyBit, whose pioneering thinking is drawing attention to Brisbane as a serious breeding ground of innovative thinking. This is just the beginning for us as we hope to expand the digital currency option across the business, so watch this space.

 

Roel Hellemons

General Manager Strategic Planning and Development, Brisbane Airport Corporation

According to the company, the partnership reinforces Brisbane Airport’s aim to promote community projects, support local businesses, improve the passenger experience, and become a leader in the airport digital innovation space.

US Authorities to Sell $4.3M Worth Seized BTC

As reported, the Bitcoins were seized during different federal investigations
18 October 2018   100

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.