KFC Canada Accepts Bitcoin

Customers can purchase the “Bitcoin Bucket” for the equivalent of C$20 in bitcoin
12 January 2018   1500

KFC Canada, world-known Fast-food chain, presented "The Bitcoin Bucket" on January 11.

For the equivalent of C$20 in bitcoin — currently 0.0011204 in the cryptocurrency — customers can purchase the “Bitcoin Bucket”, which includes 10 chicken tenders, waffle fries, a medium side, medium gravy and two dips.

The limited-time Bitcoin Bucket can only be purchased from the KFC Canada website for home delivery.

Welcome to 2018, Canada. Despite the ups and downs of bitcoin, the Colonel's Original Recipe is as good as always. So, trade your bitcoins for buckets and invest in something finger lickin' good.

 

KFC Canada

The rollout was accompanied by a Facebook live video featuring bitcoin prices and bitcoin-themed jokes.

Bitcoin is down. Invest in buckets instead; Invest in Original Recipe. Avoid alt-recipes; Hodl a bucket of chicken instead; It's the $20 bucket, but more futuristic and a little confusing; Buy the dip. Honey Mustard is a personal favourite.

 

KFC Canada

KFC's payment processor is Bitpay, which last month was forced to temporarily raise its minimum invoice amount to $100 due to “current bitcoin network conditions”.

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.