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Day: October 23, 2021

5 Companies Using Blockchain to Change Travel

Blockchain is emerging as a powerful technological force that promises to change the travel industry’s status quo. In fact, it’s already being heralded as a game-changer for many different industries. Remember that blockchain is a type of database that is commonly used in the cryptocurrency market wherein data is stored in blocks and then chained together. Services that are …

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New York State Watchdog Orders Two Crypto Firms to Close Operations, Launching Further Investigations

The Office of the New York Attorney General (NYAG) has directed two unnamed crypto lending firms to halt their operations in the state. At the same time, further investigations were launched into three additional platforms.   Requesting Crypto Firms to Obey the Law Crypto lending platforms offer interest-bearing accounts. The regulator said that it has often advised …

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The First Bitcoin Futures ETF Approved In U.S., Expecting to Start Trading This Week

ProShares’ Bitcoin futures ETF will start trading next week, that is according to an amended filing from ProShares (a U.S. provider of specialized exchange-traded products like leveraged, inverse and volatility exchange-traded instruments) indicated on late Friday, October 15.   The announcement makes a milestone achievement to the cryptocurrency industry in the U.S. The U.S. Securities and Exchange …

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Reddit may be preparing to launch its own NFT platform

Other social media platforms including Twitter and Facebook have been working to support NFTs, if not create a competitor to major marketplaces. Social media platform Reddit appears to be hiring workers to support the design, build and maintenance of a nonfungible token (NFT) platform. According to a Greenhouse job posting, Reddit is looking for a senior backend …

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NFT Tied to Rare Whiskey Cask Auctions for $2.3M

Specialty NFT marketplace Metacask said the sale sets a new record for the whiskey barrel auction block. A non-fungible barrel of 1991 Macallans scotch set whiskey auction records Friday, nabbing $2.3 million on NFT marketplace Metacask. The sale surpasses the previous cask sale record price of $574,000 for a similar barrel at auction house Bonhams …

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THE ROADS TO HYPERBITCOINIZATION

INTRODUCTION The widespread adoption of bitcoin is a topic that has raised immense expectations for change to monetary systems, governments, and society in general. Over the years, bitcoiners have fiercely defended their belief that bitcoin represents a superior form of money and expressed a large number of hypotheses about possible pathways to the broader adoption …

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