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Rio De Janeiro Invests 1% of its reserves in bitcoin

eduardo paes

The mayor of Rio de Janeiro, Eduardo Paes, follows Miami’s example and will invest 1% of the city’s reserves in bitcoin. The mayor of Rio de Janeiro is working to put a chunk of the famous Brazilian city’s reserves into bitcoin, according to reports on Friday. “We will launch Crypto Rio and invest 1% of …

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Airbnb enters the cryptocurrency battle

airbnb

Airbnb co-founder and CEO Brian Chesky said that support for cryptocurrency payments is at the top of the list for products/services that have been requested by users of the platform to be implemented in 2022. The six most requested services are the following: Chesky said the company that created a movement in the tourism market …

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Mark Yusko: Bitcoin will reach $250k in The Next 5 Years

Mark Yusko

After reaching an all-time high of $69,044 in November 2021, Bitcoin lost more than 30% of its value and is now trading at over $46k. Mark Yusko, head of the hedge fund at investment firm Morgan Creek Capital Management, insists that the ‘turbulence” in Bitcoin does not affect its long-term growth prospects. The investor insists …

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What you need to know before investing in cryptocurrencies – Advice from investment bankers

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According to an IMF report, more than 16,000 different cryptocurrencies have been listed on various exchanges, while only around 9,000 remain active today. Indeed, the cryptocurrency industry has grown rapidly in recent years, with the market value estimated at trillions of dollars. More particular, last November the crypto market reached for the first time a …

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A Unique new NFT Project to Help Reindeer in Their Revenge Plan Against Santa

holiday reindeers

Most people would hear the word “reindeer” and immediately think of the holiday season and Christmas, of Santa’s sleigh, presents, snow, and alike. However, a new NFT project called Holiday Raindeers has a different idea that it wishes to promote this season, and that is to help the reindeers come out of Santa’s shadow. Santa’s Reindeers have …

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Miami vs New York: Who will become the new “capital” of digital money in the US?

physical cryptocurrencies

The ”conflict” between the two U.S. megacities is intensifying over who will become the center of the cryptocurrency industry in the U.S. At the moment, both have proceeded to create a digital currency, which they don’t actually control. They have built “armies” of riches, but they have also made “ashes” fortunes. According to many, they …

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Bitcoin defeated China – How it Fully Recovered the Hashrate losses

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The upward momentum of the hashrate can omen for the price of the most popular cryptocurrency in the world, which has fallen by 30% in the last month The data shows that Bitcoin mining has fully recovered since the Chinese… suppression, with which in May literally in one evening more than half of the miners …

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EnviDa Project Offers Solution To The Main Problems Of Proof-of-Work (PoW) Consensus Mechanism

Envida

In the blockchain ecosystem, all the network’s nodes must come to an agreement on the network’s current state. This agreement can only be achieved by using consensus mechanisms. Consensus means that a general agreement has been reached. For instance, five friends decide to watch movies on Netflix; if three or four of them agree on …

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Niantic Is Building an Augmented Reality Game to Collect Bitcoins

Augmented Reality App

You probably know Niantic. Yes, it’s the company that developed the Pokemon Go mobile game which it was a huge success back in 2016. Now Niantic has a new idea. Together with Fold, the company developed the game Fold AR. Through it, as covered by The Verge, the user will have the opportunity to collect …

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Twitter Going All-in Crypto and it is Launching Twitter Crypto

blue image with the words Twitter Crypto written

Social media giant Twitter launched a “new team focused on cryptocurrencies, blockchain and other decentralized technologies,”. The team will be called ”Twitter Crypto” and the woman who will lead the department is Tess Rinearson (Twitter), who has previously worked at payment provider Interstellar and also Tendermint, where she helped develop the Tendermint Core consent engine. …

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