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“# Ibiza without Ibiza: Virtual Amnesia dancefloor launches on Decentraland ” The coronavirus pandemic has boosted the virtual entertainment industry and provided an opening for blockchain-based ventures to tie leisure to the expanding market for nonfungible tokens, or NFTs. On April 26, community-owned metaverse casino Decentral Games and veteran Ibiza club Amnesia announced their…
“# Discovering financial literacy: Crypto leads retail investment charge ” Momentum trading driven by retail investors seems to have taken on a new life since the onset of the global standstill occasioned by the ongoing coronavirus pandemic. Where celebrity challenges used to dominate viral trends on social media, issues relating to personal finance and investments…
“# Governing body of Louisiana gives Bitcoin its nod of approval ” Bitcoin has gained increasing levels of adoption over the past several months amid its rise past $60,000. The government of the U.S. state of Louisiana recently released a resolution in which it noted some of Bitcoin’s (BTC) accomplishments. “THEREFORE, BE IT RESOLVED that…
“# New ASEAN blockchain consortium targets cross-border cooperation ” Blockchain associations from Australia and five Southeast Asian nations are joining forces to promote blockchain development and education. Blockchain organizations from Australia, Singapore, Malaysia, Thailand, Indonesia and the Philippines signed a memorandum of understanding Thursday to promote blockchain collaboration in the Asia Pacific, Business Times reports….
“# Turkish crypto exchange halts trading amid reports of police raid ” Major Turkish cryptocurrency exchange Thodex has abruptly halted trading and withdrawals amid reports of police raids, Cointelegraph Turkey reported on Thursday. Thodex posted an official announcement on Twitter on Thursday, informing users that it has halted transactions for a period of four to five…
“# BitGo expands crypto insurance to cover over $700M ” Digital asset custody firm BitGo has expanded its cold storage insurance program, raising its insurance capacity by $600 million. BitGo debuted its crypto insurance program through global insurance and reinsurance market Lloyd’s of London in 2019. This enabled BitGo clients to acquire insurance for their…
“# Online digital music retailer Beatport accepts Bitcoin for songs ” Beatport, a digital music portal for DJs and musicians, announced this week that it would begin accepting Bitcoin (BTC) as a means of payment on its website. Beatport hosts and sells music tracks for use by DJs, returning a portion of the proceeds to…
“# 64% of US adults are interested in crypto, new survey shows ” Nearly two-thirds of adults in the United States are interested in learning more about cryptocurrencies like Bitcoin (BTC) or holding them soon, according to a new survey. Gemini, a crypto trading platform owned by Tyler and Cameron Winklevoss, released a new State…
“# DMCC strikes deal to build blockchain-based precious metals refinery in Dubai ” Dubai Multi Commodities Centre — a free trade zone established by the Dubai Government — has signed a sale and purchase agreement with REIT Development to construct a 100,000 square foot precious metals refinery. According to a DMCC release on Wednesday, the…
“# WeWork to accept crypto payments and hold them on its balance sheet ” Coworking space giant WeWork is the latest company to announce plans to hold cryptocurrencies on its balance sheet. The SoftBank-owned commercial real estate firm announced its plans via a statement on Tuesday. WeWork’s crypto balance sheet will come from the company adopting…