Legislative Assembly of El Salvador approves $150M Bitcoin Trust

El Salvador’s Legislative Assembly has passed legislation creating a $150 million dollar Bitcoin Trust and supporting the development of crypto infrastructure and services across the country.  The bill passed on Aug. 31, with 64 officials voting in favor and 14 opposing the trust’s creation. The Trust is designed to facilitate conversion of Bitcoin into U.S. Dollars, and support the roll […]

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Accelerate Financial Is Planting Trees in Exchange for $$ Invested in Its BTC ETF

Accelerate Financial Technologies Inc. is planning to unveil a new bitcoin-based exchange-traded fund (ETF) soon, and in return, the company has stated that it will plant more than 3,000 young trees as a means of fighting the carbon footprint that mining bitcoin is alleged to leave behind. Accelerate Financial Technologies Is Trying to Offset Bitcoin’s Negativity Over the past several […]

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BSV vs BTC: MNP explores ‘The Original Bitcoin Protocol’ as envisioned by Satoshi

Most implementations of the Bitcoin protocol have strayed from what Satoshi Nakamoto envisioned Bitcoin to be. Both BTC and BCH have taken paths that make their missions different from Satoshi’s vision for a peer-to-peer electronic cash system that can compete with existing global payment networks. Despite the distinctions, BTC and BSV – as well as other implementations like BCH – […]

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South Korea creates new digital currency oversight bureau

South Korea’s financial regulator is set to establish a new independent bureau to monitor the digital currencies industry. The new bureau will fall under the country’s anti-money laundering watchdog and will seek to enhance investor protection. The Financial Services Commission (FSC) confirmed in a statement that the new division will be known as the “crypto asset monitoring bureau.” It will […]

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FLURRY Finance Collaborates with Kyber Network to Further Optimize Yield Farming

HONG KONG, HONG KONG, 31st August, 2021,  — FLURRY Finance is collaborating with Kyber Network to provide more efficient cross-chain yield farming to the DeFi community. Kyber’s Dynamic Market Maker (KyberDMM) decentralized exchange will allow $FLURRY holders to trade with ample liquidity and low slippage rates. FLURRY Finance aims to elevate its stable rhoTokens as a medium of exchange in […]

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iHeartMedia plans NFT giveaway ahead of major music festival

Mass media holding company iHeartMedia is planning to distribute free nonfungible tokens, or NFTs, in partnership with sustainable NFT platform OneOf — a campaign that could introduce more music lovers to digital collectibles. The campaign is intended to promote the 2021 iHeartRadio Music Festival in Las Vegas on Sept. 17-18. Beginning on Tuesday, users can claim one free NFT “poker […]

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Has Banksy Just Released His First NFT on Ethereum?

Key Takeaways A link to an NFT titled “Great Redistribution of the Climate Change Disaster” appeared on Banksy’s official website today. The piece was listed on OpenSea and sold for 100 ETH earlier today. While the NFT creator’s pseudonym “gaakmann” is similar to an alias Banksy has used in the past, the listing has raised some suspicions. A link to […]

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