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Day: December 27, 2021

Mexican billionaire says ‘buy Bitcoin’ in New Year message

Life advice from Mexico’s third-richest person: “Don’t be jealous, believe in yourself and buy Bitcoin.” Mexico’s third-richest person sent out a heart-warming New Year message to Bitcoin (BTC) enthusiasts on Christmas Eve. Ricardo Salinas Pliego recommended moving away from fiat money and buying Bitcoin in a two-minute festive video. He gives three pieces of advice …

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India’s Swadeshi Jagran Manch Calls for Outright Ban on Cryptocurrency

The Swadeshi Jagran Manch (SJM), an affiliate of the nationalist Rashtriya Swayamsevak Sangh, has reportedly passed a resolution demanding a ban on cryptocurrency in India. “Disobeying the ban should make person/entity liable to financial penalty,” the resolution states. Swadeshi Jagran Manch Wants Crypto Outrightly Banned in India The Swadeshi Jagran Manch (SJM), the Indian economic, political, and …

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Charles Hoskinson Discusses Cardano’s 2022 Plans, Founder Says Project ‘Needs Institutions to Have Stake in the Success of ADA’

The digital currency cardano has jumped over 8% in value during the last 24 hours and 25% over the last seven days. The price move follows an update on Charles Hoskinson’s and IOHK’s plans for the Cardano network in 2022. Charles Hoskinson’s 2022 Cardano Outlook: ‘A Formal Open-Source Project Structure Is Going to Be Formed’ …

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NFT-collateralized Loan Platform Arcade Raises $15M in Series A Financing

Focusing on using NFT as loan collateral, Arcade raised US$15 million in Series A financing which was led by Pantera Capital, Castle Island Ventures, and Franklin Templeton Blockchain Fund. The purpose of Series A financing is to incentivize the participation of institutional investors to support the NFT field. Arcade is a platform that supports NFT as …

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Decentraland, Luxury Marketplace UNXD to Host Metaverse Fashion Week

Decentraland and UNXD are calling on fashionistas to have their virtual collections ready to show in the metaverse. Luxury marketplace UNXD, which is built on the Polygon network, and Decentraland, a virtual reality platform built on the Ethereum blockchain, plan to offer a metaverse fashion week with catwalk shows, pop up shops and afterparties in …

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A BITCOINER’S REFLECTION ON 2021: A YEAR OF AWARENESS

For better or for worse, Bitcoin came front and center to public attention this year. Was 2021 a good year? Depends, as most things do, on perspective. As I sat writing the first line of this article, I asked myself this question. Now, this article might sound harsh at times, and I just ask that …

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Cryptocurrency is an opportunity for payment services giants, not a threat

Installment administrations goliaths Visa, Mastercard and PayPal don’t see the ascent of the crypto business as a danger, and will keep on contributing across the crypto environment, New York-based examination firm MoffettNathanson told customers in a note Wednesday. The note highlights the developing acknowledgment of crypto among more established installment administrations organizations and features their …

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Traditional and Decentralized Finance Meet in Stable coins

Stablecoins, a term referring to cryptocurrencies that are pegged to fiat currencies, such as the U.S. dollar, first came to the scene in 2014. Tether (USDT), originally called realcoin, was launched as the first stablecoin that year. At the time, it was a very unique product, designed to bring the stability of the dollar (and …

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