Category : Blockchain

Blockchain

Brazil Real Estate Developer Stalwart Gafisa Starts Accepting Bitcoin as Payment

Stalwart Gafisa, a major property development company based in Brazil, is making a long-term bet in the growing cryptocurrency market. The firm has announced that it has added as a form of a rent payment at its real estate properties. The move con...

American Bankers See No Compelling Case for Digital Dollar

The American Banking Association (ABA) has with respect to the of a (CBDC) by the United States Federal Reserve, saying that "introducing a CBDC would be a deliberate decision to shift this balance to public money." The ABA said that it has not...

IMF Chief Warns of Terra Crash, Calls it as Pyramid Scheme

While the heat with respect to the Terra protocol collapse is cooling off, global experts, including the International Monetary Fund () Managing Director Kristalina Georgieva waded in to express her feelings about the LUNA and UST crash, calling it...

Companies among S. American Nations are Optimistic Accepting Crypto, Study Shows

Companies permitting Bitcoin and other crypto payments have a more positive outlook in Brazil, Columbia, and Argentina, to a study by financial payments processing firm CoinsPaid. This is based on the fact that have a noticeable impact on people’...

Over 1,000 Firms Expected to Join Crypto Space in UAE by 2022 End, Expert Says

During the Top CEO event in Dubai, Crypto Oasis co-founder Saqr Ereiqat opined that at least 1,000 companies would enter the crypto space in the United Arab Emirates (UAE) by the end of the year under a fast-paced ecosystem, to Arab News. The Du...

FTX Quietly Seeks to Buy Brokerage Startups Amid Move into Stock Trading

A report by CNBC media outlets shows that the has been planning to acquire brokerage startups. The new interest comes after the crypto exchange recently expanded into stock trading. Sources familiar with negotiations have disclosed that the Bahama...

Despite Risky Nature, ECB Claims Crypto Demand is Increasing

The European Central Bank (ECB) has in which it submitted that there is a growing demand for crypto assets despite their overall volatility and risky nature. The ECB pointed out a number of flaws with the new classes of digital assets there are di...

Long-Term Hodlers Remain Unfazed, Despite Bitcoin’s Sentiment Hitting Rock Bottom

As Bitcoin (BTC) stagnates between the $29K and $30K levels, sentiment about the leading cryptocurrency has nosedived to levels last seen during the onset of the Covid-19 pandemic in March 2020. Market insight provider Santiment : “Bitcoin’s...

eBay Joins the NFT Space, Offering Traders a Seamless Experience

E-commerce giant eBay has the non-fungible token (NFT) sector through a strategic partnership with Web3 company OneOf. eBay’s exclusive NFTs will include animated and 3D interpretations of iconic athletes highlighted on Sports Illustrated covers i...

Dubai Regulator Grants Virtual Asset License to Former Singapore Legislator's Company

Former Singapore nominated Member of Parliament Calvin Cheng announced on Monday the establishment of his non-fungible token (NFT) and fan token investment holding company, Calvin Cheng Web3 Holdings FZE, in Dubai. The development came after the Du...

French Luxury Giant Balenciaga Rolls Out Crypto Payment Options

Following Gucci’s footsteps, French luxury fashion house Balenciaga has plans to accept crypto payments in selected U.S. stores and its online platform balenciaga.com. The flagship stores in the U.S. will include branches at Rodeo Drive in Beverly...

ShareRing Enhances Digital Identity Solutions by Merging ShareToken

To make sharing easier, ShareRing- a blockchain-based ecosystem providing digital identity solutions, has ShareToken (SHR) into the and Binance networks through Multichain swap. Users will have the opportunity to swap SHR, ShareRing’s native tok...

Swiss Crypto Firm Launches Venture Fund, Supporting African Early-Stage Blockchain Startups

Crypto Valley Venture Capital (CV VC), a Switzerland-headquartered private venture capital company, announced on Monday that it has launched African Blockchain Early-Stage Fund that targets blockchain startups from across the continent. The venture...

Singapore-based ADDX Raises $58m in Pre-Series B Round

Digital securities token exchange ADDX raised $58 million in a Pre-Series B round on Tuesday. The Singapore-based blockchain and smart contract-driven FinTech company said the latest funding would allow ADDX to scale its operations as the company...

Grayscale Wants SEC's Approval for Bitcoin ETF With Public Support

Grayscale Investments is stirring the public to send a message to the United States Securities and Exchange Commission (SEC) with respect to approving the conversion of its flagship product, the Grayscale Bitcoin Trust (GBTC) to a full-fledged spot...

GameStop Launches Self Custodial Wallet for Crypto, NFTs

Video game retailer GameStop Corp is advancing its reach into the Web3.0 ecosystem with the launch of its new digital currency wallet. As by the company, the new wallet is a non-custodial one, and it gives allowance to users to connect to (DeFi)...

Guggenheim's Scott Minerd Foresees $8,000 Bottom for Bitcoin

Scott Minerd, a prominent market analyst with Guggenheim Partners, is not discounting further drop in the price of Bitcoin () as the bear market rages on. to CNBC's Squawk Box host in Davos, Minerd said while the current technicals of the Bitcoin...

S. Korean Exchanges to be Held Accountable for LUNA Crash

The collapse of the Terra ecosystem including the protocol’s two flagship digital currencies, LUNA and UST may have more aftermaths than earlier imagined. According to the from local media platform Newspim, the top are now likely to be held acco...

Chinese-based BSN to Launch First International Expansion in August: CNBC

Chinese state-backed blockchain company Blockchain-based Service Network (BSN) is reportedly to launch an international project within serval months, according to CNBC, citing people with the matter. The project for the expansion will be named” BSN...

Crypto Market Crash Leaves Investors Counting Losses

Over the previous two years, a boom in crypto prices minted a generation of millionaires and billionaires. Some industry executives and even regular investors acquired extraordinary wealth out of cryptocurrency trading. But of late, the crypto mark...

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