The crypto sector has an irresistible opportunity to be at the forefront of the next big social network — but there are a few issues that need to be ironed out first. Another rainy Sunday night. You’re browsing on Facebook and Twitter — inundated with photos of your friend’s new baby, jokes that have been…
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Virtual partygoers will be able to enjoy an Ibiza club experience in a metaverse thanks to a partnership between Decentral Games and veteran club Amnesia. 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. On Monday, community-owned…
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In the next five to 10 years, there will be more changes in the financial system than over the past two decades, PayPal’s CEO predicted. The demand for cryptocurrency exceeded PayPal’s initial expectations after the firm launched crypto trading in late 2020, according to the company’s CEO. “Demand on the crypto side has been multiple-fold…
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Louisiana recently gave a shout out to Bitcoin’s success in a new resolution. 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…
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The new ASEAN Blockchain Consortium aims to engage with regulators to ensure compliance and raise industry awareness. 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…
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The coworking firm is the latest to see crypto as a suitable asset for its corporate treasury. 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…
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Venmo is following in the footsteps of its rival, Square’s Cash App, by introducing cryptocurrency trading. Payments app Square made headlines — and dollars — when it integrated Bitcoin trading into its mobile platform back during the crypto bull market of winter 2017. Now, rival payments firm Venmo, owned by PayPal, is following suit by launching cryptocurrency trading…
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Are BTC prices sustaining due to a continuous stream of good news, or is there more at play? Speculation about the duration of the current run is endless, with Bitcoin now a stable news item even in the mainstream press. But what’s keeping the BTC price up? Is it simply the relentless slew of good…
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Apparently, r/Wallstreetbets doesn’t “bow to cryptocurrencies.” r/Wallstreetbets, a subreddit famous for organizing a pump for Dogecoin and the GameStop short squeeze, is enacting a crypto discussion ban after officially allowing the topic for a single day. Subreddit moderator u/bawse1 announced on Thursday that r/Wallstreetbets has now banned crypto discussions forever, following a Bloomberg article titled “WallStreetBets Bows to Crypto.”…
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Forbes’ “2021 Blockchain 50 Symposium: Crypto Goes Corporate” event sheds light on Bitcoin’s role as an investment tool, along with the future of stablecoins. If 2021 has taught us anything about digital currencies, it’s that big banks and major payments providers are now feeling more comfortable with Bitcoin (BTC). While the CEO of PayPal and…
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