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State-run El Salvador Bank Accepts 200 Bitcoin ATMs as Collateral for USD 1.5M Loan – Report
7.2.2022
A state-owned bank in El Salvador has reportedly handed out a crypto firm a loan of over USD 1.5m – accepting 200 bitcoin (BTC) ATMs as collateral.
The development was reported by El Diario de Hoy’s ElSalvador.com, which wrote that it had obtained access to documents proving that the Banco...
Does the IMF have a hidden script for El Salvador’s Bitcoin play?
5.2.2022
What if El Salvador's Bitcoin experiment succeeds? Is that what the IMF really fears?
America COMPETES Act passes House without 'disastrous' provision on crypto
4.2.2022
A provision originally included in the bill had critics saying the Treasury Secretary would not have had limits on surveilling crypto firms suspected of illicit transactions, nor open the matter to include public feedback
Microstrategy CEO on Mainstream Bitcoin Adoption: ‘I See Evidence of a Lot More Institutional Adoption’
4.2.2022
The Nasdaq-listed company Microstrategy sees “evidence of a lot more institutional adoption” of bitcoin. The firm cited various reasons including “The circumstances and the currency volatility” in Turkey, South America, and Africa — “all of these things...
North America to lead growth in blockchain market, new report says
3.2.2022
Blockchain market size is expected to reach $104.19 billion by 2028, exhibiting at a CAGR of 55.8% across the forecast period as per the report
Crypto-focused enterprise payment platform Tribal Credit raises $60M
3.2.2022
Crypto-facilitated cross-border payments services are gaining traction in Latin America — a region that has become a hotbed for the cryptocurrency industry
US bobsledder feels the Bitcoin rhythm and orange pills his fans
2.2.2022
Johnny Quinn, a U.S. Olympic Bobsledder and former football player, is the latest celebrity to join the Bitcoin bandwagon
Law Decoded: Russia flounders, America competes, IMF keeps fuming, Jan. 24–31
31.1.2022
Uncertainty about crypto regulation can engender internal disagreement even within seemingly monolithic governments
US Senator: ‘America Competes Act’ Is a Direct Attack on Crypto Industry, Government Is Picking Winners and Losers
31.1.2022
U.S. Senator Cynthia Lummis says that the recently introduced “America Competes Act of 2022” is a direct attack on the crypto industry. “I will not stand by and let the heavy hand of the government pick winners and losers,” she stressed. Congressman Tom Emmer explained...
US Unveils Bill Giving Treasury Secretary ‘Unchecked and Unilateral Power’ to Ban Crypto Transactions, Advocate Warns
27.1.2022
A new bill introduced in the U.S. has a provision that “would essentially give the Treasury Secretary unchecked and unilateral power” to ban cryptocurrency transactions, warned crypto advocacy organization Coin Center. Treasury Secretary Janet Yellen will be able to prohibit...
Bank of America says stablecoin adoption and CBDC is ‘inevitable’
25.1.2022
A recent note from Bank of America analysts said that a CBDC would differ from digital currencies currently available because it would be the liability of the Federal Reserve, not a commercial bank
US Still Dominates Bitcoin Mining Sector, 30-Day Stats Show Foundry USA Takes Top Pool Position
25.1.2022
Since the Cambridge Bitcoin Electricity Consumption Index (CBECI) project updated its mining map in mid-July, the United States has continued to dominate in terms of the amount of hashpower worldwide. Moreover, data shows that Foundry USA has managed to command the top pool position with...
Mercadolibre Gets Closer to Crypto With Investments in Paxos and Mercado Bitcoin
24.1.2022
Mercadolibre, one of the biggest Latam-based unicorns, has announced strategic investments in two cryptocurrency exchanges: Paxos and Mercado Bitcoin. With these investments, the platform gets closer to cryptocurrency, having already bought bitcoin as a direct investment for its treasury,...
El Salvador buys its cheapest 410 Bitcoin as prices reach $36k
22.1.2022
President Nayib Bukele confirmed that the purchase of 410 BTC was made against $15 million, placing the trading price at approximately $36,585 per BTC
Call Of Duty QA Testers Form Activision Blizzard’s First Union
21.1.2022
Thirty-four quality assurance testers at Raven Software, the Activision Blizzard studio in charge of its massively popular battle royale, Call of Duty: Warzone, announced today that they are unionizing after weeks of striking over recently announced layoffs in their department. Calling themselves...
Raven QA Testers Form Activision Blizzard’s First Union
21.1.2022
Thirty four quality assurance testers at Raven Softwarew, the Activision Blizzard studio in charge of its massively popular battle royale, Call of Duty: Warzone, announced today they are unionizing after weeks of striking over recently announced layoffs in their department. Calling themselves...
Argentinian e-Commerce Giant Invests in Mercado Bitcoin and Paxos
21.1.2022
Argentine-headquartered ecommerce giant Mercado Libre invested in Mercado Bitcoin and Paxos as it aims to boost its presence in the cryptosphere, as well as digital asset development and adoption in Latin America....
Read More: Argentinian e-Commerce Giant Invests in Mercado Bitcoin and Paxos
Xbox Boss Shrugs Off Union Question As Activision Blizzard Employees Push For Better Working Conditions
20.1.2022
Upheaval at Activision Blizzard last year over workplace misconduct sparked an unprecedented level of labor organizing at the Call of Duty publisher. Those actions recently culminated in an ongoing strike and the distribution of union cards, while the misconduct reckoning that precipitated them...
US Senator’s Inflation Report Says ‘Its Only Going to Get Worse,’ Truflation Oracle Reveals True Inflation Rate
19.1.2022
America’s media, central bankers, and bureaucrats continue to debate the rising inflation in the U.S. that has raised the cost of living and increased the prices of goods and services nationwide. Senator Rand Paul, R-Ky., believes the inflation is “only going to get worse”...
Monkeys Figure Out How To Play Crane Games
17.1.2022
A crane game filled with raisins was left in the monkey pen at Japanese zoo Nagasaki Bio Park to see if the animals could figure out how to use the redemption game to get snacks. Read more