Tag: Crypto world

El Salvador could adopt Bitcoin as its official currency

El Salvador could adopt Bitcoin as its official currency

El Salvador is about to become the first country to recognize bitcoin as a legal offer.El Salvador will be the first country to legalize Bitcoin, according to Salvadoran President Nayib Bukele, who made the announcement in a video recorded at the Bitcoin 2021 conference in Miami.President Nayib Bukele says that Bitcoin will make it easier for Salvadorans living abroad to send money home.El Salvador would become the first country in the world to formally recognize cryptocurrencies as legal currency, allowing the “financial inclusion of thousands of people who are currently excluded from the legal economy,” according...

Bitcoin, Crypto world, Cryptocurrencies, Main

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Andy Warhol created the first NFT ever and this art gallery bought it in auction

Andy Warhol created the first NFT ever and this art gallery bought it at auction

A rare digital painting sold at a Christie’s auction in NYC for $870,000. The artwork is one of the last 30 works created by Andy Warhol before he died. Revolver Gallery, the largest gallery-owned collection of Warhol’s iconic Pop Art, acquired an NFTs released by the Andy Warhol Foundation.It’s a major milestone in the history of art. This Andy Warhol artwork is the first time an artwork ever sold using blockchain technology in an auction environment. It’s exciting to see how collectors, experts, and buyers alike are willing to adopt new technologies while also demonstrating their support for cutting-edge blockchain companies such...

Crypto world, NFTs

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why is it so hard to ban bitcoin

Why is it so hard to ban bitcoin?

Tiena Sekharan, Tokenomics & Blockchain Consultant at FAS | Fintech Advisory ServicesIt is in the interests of central banks, legacy traditional banks, politicians, and weapons manufacturers to ban bitcoin. With bitcoin:* Central banks will no longer be able to control money supply which will make their role less consequential. * Traditional banks will see their role reduced as the peer-to-peer Bitcoin network does away with the need of an intermediary. They’d have less of an opportunity to earn yield on customer deposits as bitcoin makes it possible to self-custody and hold funds in one’s own digital wallet. Banks will...

Bitcoin, Crypto world

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The First "Crypto Hotel" Presented by Hotel Manager Johannes Fritz Groebler / the First NFT Hotel Run on Ethereum

The First “Crypto Hotel” Presented by Hotel Manager Johannes Fritz Groebler / the First NFT Hotel Run on Ethereum

UNYCU accomplished a new chapter in its history with the unveiling of the Crypto Hotel. The Crypto Hotel is the first NFT (Non-Fungible Token) hotel worldwide. It exists only in digital form and is based on the Ethereum blockchain. There is no other hotel in the world that can be compared to the Crypto Hotel. As this hotel is digital, it can be enjoyed anywhere, anytime.HEIDELBERG, GERMANY May 04 2021 (Blockchain Wire) In the current pandemic, the situation is very difficult, especially for hotels. A real challenge. Well-known hotels all over the world, in tourist regions and cities, are currently closed. The Crypto...

Crypto world, NFTs, Press release

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Potential to Tackle the Rising Rug-pull Scams on BSC: Ceezee SAFU

Potential to Tackle the Rising Rug-pull Scams on BSC: Ceezee SAFU

NEW YORK, NY May 03 2021 (Blockchain Wire) The crypto space during this bull run has truly been magical. Decentralized finance has given new meaning to trading, with automated market makers that allow frictionless peer-to-peer transactions without the use of a centralized exchange. Furthermore, the memes in the cryptoverse broke through with Elon Musk’s endorsement of the famed Dogecoin, which sparked a chain reaction that shook the industry to its core. Although trading decentralized on a decentralized exchange is enticing and liberating, there is really no fundamental security behind them. Anyone can “create”...

Crypto world, Press release

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How Student Coin is fostering tokenization among Academic institutions

How Student Coin is fostering tokenization among Academic institutions

The past few years has been filled with talk about cryptocurrencies and how it has changed everything. Just over a decade ago, the concept that you don’t need a bank to perform transactions would have been waved away as an afterthought.Cryptocurrencies changed this by offering an alternative route to traditional banking services. Low transaction fees, secure platforms, and the ability to keep money beyond government control were the initial reasons many resorted to cryptocurrencies. With time, the crypto industry began to expand to include more sectors tackling real-life problems using blockchain technology. This grew to...

Crypto world, Featured

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Mail-Art Company, Tellinga, Now Offers Non-fungible Token (NFT) Crypto Art as Part of Custom-Created Mailing Experiences - Unique Digital Gifts Backed by Power of the Blockchain

Mail-Art Company, Tellinga, Now Offers Non-fungible Token (NFT) Crypto Art as Part of Custom-Created Mailing Experiences – Unique Digital Gifts Backed by Power of the Blockchain

HOUSTON, TX Apr 06 2021 (Blockchain Wire) With the recent upsurge in cryptocurrency and digital art popularity, Tellinga announced it has added custom NFT art as part of its personalized story-mailing experiences; expanding its portfolio to include digital versions of each work it creates, while encouraging clients to mint and tokenize their purchases as NFTs if they wish. Tellinga began as a specialized, boutique arthouse that uses mail art – small-scale illustrations and drawings sent through the mail, often in episodes – to transform personal photos and stories into handcrafted, tangible illustrated experiences...

Blockchain, Crypto world, NFTs, Press release

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Principal Analyst PrimeXBT: Sharing Economy Tokens Could Be The Next Generators Of Wealth

Principal Analyst PrimeXBT: Sharing Economy Tokens Could Be The Next Generators Of Wealth

The month of March saw significant price increases on tokens native from shared economy projects, especially those for cloud storage and file-sharing. Tokens like ANKR and STORJ made triple-digit percentage gains after Coinbase added them, and the same was true for FIL and LPT tokens after Grayscale began offering trusts based on the latter.What’s the buzz with these cryptocurrencies and why are they making such huge gains in just 1 month?The only thing these tokens have in common is that they are all shared economy project tokens. While ANKR and STORJ offer decentralized cloud storage solutions, FIL is a decentralized file-sharing...

Crypto world, Featured, NFTs

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BIGtoken’s Top 10 Privacy and Crypto Headlines From March

BIGtoken’s Top 10 Privacy and Crypto Headlines From March

March 31, 2021 04:53 PM Eastern Daylight TimeLOS ANGELES–(BUSINESS WIRE)–BIGtoken, Inc., the first privacy focused, opt-in data marketplace where people can own and monetize their data, publishes a monthly report on the top 10 stories in data and crypto privacy.“Why Facebook and Apple Are Fighting Over Your iPhone”Tweet thisThroughout March, Oklahoma and Florida reached new milestones in passing their own state data privacy bill, which helped further push the federal government to officially propose legislation concerning data privacy rules and security.1. “Florida Data Privacy Bill,” The National Law Review...

Crypto world, Cryptocurrencies, Press release

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paypal crypto checkout

Paypal let users checkout with crypto

PayPal Holdings Inc. will begin allowing its U.S. customers to buy products using cryptocurrencies, becoming the first conventional payment company to accept digital assets. The functionality will be available to millions of PayPal merchants at first, with plans to expand in the coming months.If a customer has enough cryptocurrency of a single form in their PayPal wallet to cover the purchase price, Checkout with Crypto will appear for them to use as a payment method.Depending on the types of crypto holdings they have and if they have enough to support a given order, they will be able to pick their favorite cryptocurrency at checkout.PayPal...

Crypto world, Cryptocurrencies, Featured, PayPal

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