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“# eNaira slowly gains traction post-launch amid glitches ” The rollout of the world’s second central bank digital currency, or CBDC, is off to a rocky start. Last week, Nigeria rolled out its eNaira CBDC after the Bahamas became the first country in the world to launch one, known as The Sand Dollar, the year…
“# Patreon to explore expansion into crypto realm ” Patreon executives again teased their company’s expansion into the world of crypto at a 2021 Creator Economy Summit by The Information panel. Patreon CEO Jack Conte appeared with Chief Product Officer Julian Gutman, saying: “I really love the idea of creators owning their media and owning…
“# City of Liverpool takes interest in blockchain-powered food delivery platform ” On Monday, Metro Mayor of the Liverpool City Region Steve Rotheram announced a 700,000 pound ($955,957) investment into blockchain-powered food delivery service Peepl. The software aims to act as a cost-efficient alternative to food delivery giants for local restaurants. Peepl claims that it…
“# Amazon job posting hints company’s Web Services are preparing to adopt crypto ” Major online retailer Amazon’s IT service management company may be considering driving adoption in the digital asset space among its customers. According to an Oct. 30 job posting, Amazon Web Services’ New York office is hiring a Financial Services Specialist who…
“# Beyond the NFT hype: Creating lasting business models for artists ” It could be argued that nonfungible tokens, or NFTs, have been a concept since 2012. For instance, the inception of “Colored Coins” in 2012 may have laid the groundwork for NFTs today, as this project demonstrated how the Bitcoin (BTC) blockchain could be…
“# Crypto.com is the #1 app in the Google Play Store in the US ” Cryptocurrency exchange Crypto.com now tops the charts as the most downloaded app for the U.S. Google Play Store across all categories. According to the most recent list of Google Play Store’s top free apps, Crypto.com’s app has surged in number…
“# Digital Currency Group sells $700M of shares for investors to take profits ” Digital Currency Group (DCG), one of the largest companies in the cryptocurrency industry, has completed a major secondary investment round led by Japanese financial giant SoftBank. DCG has sold $700 million worth of shares to companies like Google’s parent company, Alphabet,…
“# Burger King serves up free crypto with meal purchases ” Fast-food chain Burger King has partnered with Robinhood to give away free cryptocurrency to its customers — offering a compelling sign that appetites for digital assets are growing. From Nov. 1 through Nov. 21, Burger King customers in the United States who spend $5…
“# Huobi trials NFT marketplace to further GameFi and metaverse strategy ” Huobi Group, the company operating one of the world’s largest cryptocurrency exchanges, is launching its own nonfungible token (NFT) marketplace, following in the steps of other major crypto exchanges. Huobi has rolled out a trial for Huobi NFT, an NFT marketplace allowing users…
“# 7 lessons learned from building and scaling Bitcoin mining operations ” It all started with mining Bitcoin (BTC) in a dorm room. What started as a hobby with a few mining rigs scaled into twenty industry-scale mining farms across the globe. Because we scaled our operations in a new industry, we had to discover…