Crypto News Regulators 

Government Officials in Sweden Settle a Debt With Bitcoin

“In Sweden, two Enforcement Authority officials settled a debt by using Bitcoin” writes Jp Buntinx for livebitcoinnews.com. Now that members of the local Enforcement Authority settled a debt with cryptocurrency, things will get a lot more interesting in the country.That is a good sign for the future of Bitcoin, although nothing has been officially confirmed at this point.This is a rather surprising turn of events, even though Sweden keeps an open mind toward cryptocurrency in general. Source: livebitcoinnews.com Share This:

Read More
News 

Stolen Rockwell painting returned to family set for auction

“A Norman Rockwell painting recently returned to a family after it was stolen from their New Jersey home more than 40 years ago is going up for auction” reports foxbusiness.com. The Grants knew the painting was theirs because it still had damage from where their father had struck it with a pool cue.But that pool cue damage isn’t part of the deal.Aviva Lehmann, the auction house’s director of American Fine Art in New York, said a conservator mended the tell-tale hole and restored the painting. Source: foxbusiness.com Share This:

Read More
News Oil 

Brazil lets in big oil firms a decade after ejecting them

“Brazil removed key acreage from a 2007 auction that could have yielded $100 billion in signing bonuses plus hundreds of billions more in spending commitments when the price of oil was near record highs, according to several former executives at Western oil companies” writes Paul Kiernan for marketwatch.com. Wednesday’s auction is the first of nine bidding rounds planned through 2019 for areas that could hold roughly 10 billion barrels of recoverable oil, or enough to supply the U.S. for almost a year and a half.Now, Brazil may generate just a…

Read More
Markets News 

Get a better deal on a new car by using this strategy

“The first step in creating your own reverse auction is to understand the incentives that salespeople and dealerships face” writes Derek Tharp for marketwatch.com. Additionally, salespeople also face their own set of unique incentives that may influence their willingness to participate in a reverse auction.Unfortunately for consumers, the U.S. auto market is not set up to deliver the most benefit at the lowest cost.There are some caveats to trying to set up your own reverse auction. Source: marketwatch.com Share This:

Read More
News 

Exclusive – Google offers to treat rivals equally via auction: sources

“REUTERS/Dado Ruvic/Illustration BRUSSELS (Reuters) – Google (GOOGL.O) has offered to display rival comparison shopping sites via an auction, as it aims to stave off further EU antitrust fines, four people familiar with the matter said” writes Min Read for reuters.com. Google is under pressure to come up with a big initiative to level the playing field in comparison shopping, but its proposal was roundly criticised by competitors as inadequate, the sources said. Source: reuters.com Share This:

Read More
News Stocks 

More SNES Mini stock on the way, so don’t overpay on auction sites like eBay

“If we do see an influx of new stock, the SNES Mini is on track to be a big winner this Christmas” reports techradar.com. “I would strongly urge you not to over-bid on an SNES Classic on any of the auction sites […] You shouldn’t pay more than $79.99,” Fils-Aime said.Given low stock, we’re sure many people are seriously considering paying over the odds for the little gaming device.Nintendo has hinted that a considerable amount of fresh stock is on the way. Source: techradar.com Share This:

Read More
News 

Martin Shkreli auctions secret Wu-Tang Clan album on eBay — and receives offer in excess of $1 million

“Martin Shkreli has received bids in excess of $1 million for his one-of-a-kind copy of a Wu-Tang Clan album” writes unknown author for cnbc.com. However, by Thursday morning an eBay user reportedly submitted an offer of $1,000,100 for the rare CD. Shkreli was revealed as the winner of an auction for the Wu-Tang Clan album in 2015.I am not selling to raise cash – my companies and I have record amounts of cash on hand. Source: cnbc.com Share This:

Read More
News 

Princess Diana’s clothing and jewellery items up for auction in Boston

“She still resonates all over the world,” RR Executive Vice President Bobby Livingston” writes Philip Johnston for telegraph.co.uk. It’s been 20 years since Princess Diana’s death, yet her legacy has barely faded.They even include belongings she donated to charity auctions just months before her death in a Paris car crash on Aug. 31, 1997, at age 36. Source: telegraph.co.uk Share This:

Read More