Tag: Business

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‘Bitcoin Will Never Ditch You’ Ad Tells HK’s Apple Daily Readers

A new full-page ad in HK-based tabloid-style newspaper Apple Daily tells readers to ditch banks today and switch to Bitcoin. Another ad for cryptocurrency has appeared in print media, this time without promoting a specific business or service. A full-page ad for Bitcoin (BTC) appeared on the front page of the Hong Kong-based tabloid-style newspaper…
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‘So Many Things Wrong’ With IMF Education Video, Says Crypto Twitter

According to an educational video from the International Monetary Fund, cryptocurrencies could be ‘the next step in the evolution of money.’ An old International Monetary Fund video explaining the benefits and disadvantages of cryptocurrency has resurfaced on social media, and many viewers are largely unimpressed. The two-minute video originally published in June 2018, which the…
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Five Defining Features to Build the New Generation Internet

For the next generation internet to transition, a number of critical features must be implemented. Recent geopolitical events, such as President Trump’s order to ban TikTok and WeChat in the United States, have exemplified the imperative of decentralization. The next generation internet will empower individuals to own their data, exchange their wealth, and control their…
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Former Sega & Atari Executive Joins the NFT Gaming Boom

The traditional gaming industry dips its toes into blockchain. As part of its foray into the burgeoning non-fungible-token (NFT) gaming sector, NFT gaming ecosystem provider 8Hours Foundation appointed Michael Katz as a member of its advisory board. Katz has a long 25-year tenure within the video game entertainment sector, including top roles in major gaming…
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Equilibrium Launches a New Governance Token

The EOS-based DeFi project announced a token swap to support its newest product. Having set up shop on Polkadot just a week and a half ago, an EOS-based decentralized finance project called Equilibrium is launching a new governance token called EQ. EQ is perhaps the next generation of Equilibrium’s NUT, the platform’s first governance token…
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Crypto Travel Agency Travala to Use Binance Chain for Decentralized Services

The firm plans to become a fully decentralized online travel agency. Cryptocurrency travel agency Travala.com announced that it started a collaboration with Binance Chain aiming to decentralize its services. Travala.com intends to roll out decentralized reviews, decentralized accommodation bookings, a decentralized referral system and a decentralized salesforce. The firm’s CEO Juan Otero explained that —…
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DeFi Meets CryptoKitties: Axie Infinity to Introduce Governance Token

Axie Infinity is now the 11th-ranked NFT game by lifetime trade volume following a surge in players eager to get their hands on the platform’s governance token. DeFi is converging with non-fungible tokens (NFTs), with the Ethereum-powered game Axie Infinity seeing a spike in users ahead of the expected launch of the project’s governance token.…
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INX Exchange Launching SEC-Registered Hybrid Token/Share IPO This Week

INX will run the first SEC-registered security token offering in its IPO aiming to raise $111 million. Gibraltar-based crypto exchange INX will launch its long-awaited initial public offering (IPO) on Aug 24, 2020, after a two year journey. The exchange aims to sell 130 million tokens at $0.90 netting up to $111 million after expenses…
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Crypto Exchange BtcTurk Becomes Main Sponsor of Turkey’s National Soccer Teams

BtcTurk joins forces with the Turkish Football Federation on the road to the UEFA European Championship 2021. Major Turkish crypto exchange BtcTurk has become the main sponsor of both the women’s and men’s Turkish national soccer teams via an agreement with the Turkish Football Federation, Cointelegraph Turkey reported on Aug. 20. According to the official…
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Yield Racing: F1 Delta Time Players Can Now Stake Their NFTs

Players of the crypto-powered F1 Delta Time game can now stake their NFTs to generate rewards in the form’s Animoca Brands’ REVV token. Blockchain gaming company Animoca Brands has launched staking for the non-fungible token collectibles (NFTs) featured in its F1 Delta Time title. Stakers will be able to earn a weekly dividend on their…
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