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LUNA, the native token of the Terra blockchain, which is also needed in the issuance of their native stablecoin, UST, has been gaining traction with great speed. It has become particularly popular amongst the more well-heeled investors who have increased the use of the UST stablecoin by ten-fold this year, from around $182 million at the beginning of this year to over $2.3 billion as of current.  Looking at the TVL of $7.7 billion on th…
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The Global Financial Crisis Led To Decentralized Exchanges
By Juan Mende. The 2008 Global Financial Crisis led to movements such as Occupy Wall Street and Bitcoin. Bitcoin at least is still alive and well, as attention on inefficiencies, inequalities, and the risks of the intermediated financial system have persisted over the last decade-plus.  Distrust only grew amid recent controversies, such as the GameStop short squeeze, where retail investors could not access trading platforms during a…
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Swiss-company “bitcci” building a global blockchain ecosystem for the escort industry
The global sex market has grown significantly in the past decade. The Covid-19 pandemic witnessed more people purchasing and soliticing for sexual services online. Despite the growth there are many challenges in the industry that have led to problems of transparency and trust.  Switzerland blockchain company, bitcci is looking to build an ecosystem of nightclubs, portals, apps, cloud services and blockchain-based payment solutions.&nbsp…
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Elon Musk, Jack Dorsey, and Cathie Wood discussed the future of Bitcoin at The B Word conference
Yesterday, Elon Musk, CEO of Tesla and SpaceX, Ark Investment CEO Cathie Wood, and Twitter and Square founder/CEO Jack Dorsey talked about the present status of Bitcoin and some of the most urgent problems surrounding its operation. According to Wood, the most unexpected feature of digital money was its disruption of the current economy. Its function as a payment system, she added, was one of the most appealing features, which Musk backed up…
The next mayor of New York could have laser eyes
New York City Democratic mayoral front runner Eric Adams said he would turn the city into a bitcoin hub within a year, rivaling Miami for the position as the epicenter of the US crypto community.  The price of bitcoin has steadied on Friday, following a tumultuous week that took it to new lows for 2021.  Crypto analysts remain divided over the short and medium-term direction of the market, though major investors like MicroStrate…
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