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Rio De Janeiro Invests 1% of its reserves in bitcoin

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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

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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

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

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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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Niantic Is Building an Augmented Reality Game to Collect Bitcoins

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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

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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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Virus “threw” Bitcoin to $8,200 from $63,000 in minutes

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Bitcoin plummeted from $63,000 to $8,200 on Thursday at the Binance exchange, recording an incredible 87% plunge in just a few minutes. According to Bloomberg, the sudden drop in the price of the cryptocurrency was due to a virus that penetrated into an algorithm, so the price is not similar in other exchanges, while in …

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Steam bans Blockchain games that issue NFTs or cryptocurrencies

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Games that feature blockchain technology that allows the exchange of NFTs or cryptocurrencies will no longer be allowed on Steam. According to a new rule on steam partner login page, Valve says distributors should not publish, “blockchain-based applications that issue or allow the exchange of cryptocurrencies or NFTs.” Age of Rust, a game that includes …

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Two NFT startup sports companies raised $900 million dollars Combined.

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Two startups in the NFT (non-fungible token) industry, specializing in sports, raised €900 million dollars from recent rounds of funding, confirming the sports industry’s great interest in cryptocurrency products. Canadian Dapper Labs, which makes digital basketball cards, has raised $250 million dollars, with Coatue as the main investor and with the participation of funds such …

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