AMC, a chain of American theatres, announced at the beginning of the year that the theaters thereof would start accepting payments in Bitcoin (BTC) by 2021s end. The publication of the announcement was done in the report of earnings in August to elaborate the theater chain’s launch of accepting online payments in cryptocurrency for both…
The world, by its very nature, is constantly evolving. If you were to tell someone over a decade ago that Bitcoin (BTC) would become legal tender in any country, you would most likely be laughed at and ridiculed. Well, that is exactly what happened in El Salvador, as its president, Nayib Bukele, went ahead with…
Nasdaq, in collaboration with Tiingo and Finnhub, will provide pricing data to DeFi Chain, a Decentralized Finance ecosystem built just on the BTC network. Blockchain-based digital equities had a rocky few quarters in terms of regulation, but it does not appear to have prevented financial system behemoths and decentralized finance proponents from striking new agreements….
On the previous weekend, the London fork of Ether was released to the public. The change has significant consequences for digital currency mining pools that had started to adopt miner extractable value services in order to generate income. The Eden Network, an Ether-centric payment protocol, has secured close to $17.4m in its initial financing from…
Nowadays, the students reportedly have an inclination towards crypto for filling their financial gap with regard to schooling. It is no wonder that the schooling expenses have spiked remarkably upward during many previous years. Presently, all the more, the majority of graduating students have many thousands as debt. However, with the help of the available…
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The collaborative project will test common DLT systems that will let organizations resolve cross-border payments utilizing CBDC. Singapore’s, Australia’s, South Africa’s, and Malaysia’s Central banks recently launched a collaborative project to test global payments using CBDC. The Operation Dunbar initiative will test common infrastructure for direct payments among organizations utilizing cryptos issued by different financial…
NFTs have shown a brilliant comeback which has been manifested through the spiking volumes of sales, especially the enthusiasm of prominent collections, such as the CryptoPunks market. During June’s end, dropping interest witnessed the initiation of a 7-day decline in the NFT sales, which started deteriorating from its peak of about $176M on 9th May…
Owing to the huge hype around the NFTs, the mining revenue generated from Ethereum has gained an extra 60% in August. While a total of $1.08 billion was generated in July, the total figure recorded in August is about $1.65 billion. On the other side, there was an increase in the figure recorded from Bitcoin…
Recently, a massive reward of up to $10,000 is up for grabs for hackers who are willing to participate in the Bug Bounty initiative, which had been created via a partnership with Cardano (ADA) and HackerOne. The goal of this program is to test for any and all performance-related problems which could end up leading…
The London Hard Fork deployed on the 5th of August has just been a bit over three weeks. According to the Finance Developer of the Yearn Network, the network has seen a swift adoption in a short time. In a tweet posted on August 27, the finance developer mentioned that the SegWit upgrade by Bitcoin…
The United Kingdom-based privately owned digital currency trading platform and equity organization authority have pumped in around $210m to fund the North American BTC miner. North American BTC infrastructure company Blockstream, co-created by cypherpunk and cryptographer Adam. Adam maintains a positive unicorn rank as its newly released worth comes close to $3.2b. As per North…
Just recently, Paxos made an announcement about changing the name of their stablecoin from PAX to USDP. According to strategies lead at Paxos, Mr. Walter Hessert, the reason why this sudden brand change happened, it’s because Paxos wants to make things a bit clearer that their stablecoin is supported by US Dollar, so changing it…
Neuberger Berman, a multibillion-dollar and well-established asset management firm, has recently been allowed to invest a relatively minute percentage of its overall assets into crypto. This is made possible due to Bitcoin (BTC) ETFs (Exchange Traded Funds) and BTC futures. It had been via an amended regulatory filing that was made in conjunction with the…
David Marcus from Facebook expressed concern over the current payment structure in the USA and also provided details on the launch of Digital Crypto Wallet, Novi. In new publishing from the Medium, Crypto Pro of Facebook, David Marcus has expressed his opinion on the economic situation, weak regulations, and the launch of a brand-new crypto…
Leonteq, a financial institution based in Switzerland, declared its partnership with ICF BANK AG for initiating crypto-asset services to benefit private clients and institutional investors in Austria and Germany. This would uncover 18 cryptocurrencies counting BTC (Bitcoin) and ETH (Ethereum) within them to the investors. Leonteq expands beyond Switzerland Leonteq AG (a Swiss company known…
The UK is in motion to bring forth a community comprising of crypto professionals to help educate people on crypto-related dispute issues. Experts in legal matters have joined forces in order to deal with the growing level of crypto disputes being registered. The community has been formally named the (CFAAR), which stands for Crypto Fraud…
The lawsuit between Ripple and the SEC (Securities and Exchange Commission) now involves Binance (the leading crypto exchange) in the case. Brad Garlinghouse, the CEO of Ripple, stated that Binance carries the relevant documents regarding the lawsuit. In the latest filing with the New York’s Southern District, the legal group of the Garlinghouse has requested…
As a means to help the environment and reduce deadly greenhouse emissions, Oil Behemoths have started to expand into the Bitcoin Mining Business. According to statements from the World Bank, these deadly gas is frequently wasted by burning and flaring, because of the strict regulations and several technical hurdles in the overall development and structure…
Charles Hoskinson, the founder of Cardano (ADA), assured, while appearing in a live stream briefing on YouTube, that the company is progressing with Alonzo’s update of the hard fork and all the procedure is running in a scheduled way. He revealed that there is a need for a corresponding hard fork that is to be…
