Blockchain

Bitcoin
El Salvador Plans to Build Tax-Free Bitcoin City
November 21, 2021

El Salvador is delving further into bitcoin and plans to issue sovereign bitcoin bonds, Bloomberg reported. The country, which has already made bitcoin a legal tender, will issue $1 billion in tokenized U.S.-dollar denominated 10-year bonds to pay 6.5% through the Liquid Network, according to...

Bitcoin
Bitcoin Daily: Canadian Youth Arrested in $36M Bitcoin Heist; Willston, ND Puts Bitcoin ATM in...
November 18, 2021

An unnamed Canadian minor has been charged in a $36 million digital heist that authorities said is the largest-ever bitcoin theft from a lone victim, the San Jose Mercury News reported Thursday (Nov. 18). The investigation was run by the U.S. FBI and Secret Service...

Bitcoin
Cash App to Add Bitcoin Taproot Support
November 18, 2021

Cash App is moving forward to integrate support for the Taproot Bitcoin upgrade by Dec. 1, an enhancement that enables Taproot to offer developers an expanded toolbox to work with as they continue to build on Bitcoin, Bitcoinmagazine and others reported on Thursday (Nov. 18)....

Bitcoin
Perth Heat Baseball Club to Accept, Pay Players and Staff in Bitcoin 
November 17, 2021

Australia baseball team the Perth Heat on Tuesday (Nov. 16) partnered with Bitcoin payments company OpenNode in a move to allow the club to accept Bitcoin payments and send Bitcoin payouts to players and staff through the Lightning Network.  In addition to paying players and...

Blockchain
USDC Coin Issuer Circle Launches Venture Fund
November 09, 2021

The global FinTech startup and stablecoin issuer Circle Internet Financial has launched Circle Ventures, a new project designed to invest in “compelling, early-stage blockchain projects and companies.”  The company announced the launch in a news release Tuesday (Nov. 9), saying that the projects and companies...

Blockchain
Lottery.com Crafting Blockchain Gaming Platform
November 08, 2021

Lottery.com Inc. announced on Monday (Nov. 8) that it is working on a platform to operate lottery, sports betting, sweepstakes and other forms of online gaming and to enhance the company’s API capabilities. The multi-year project, called Project Nexus, is in the early stages. The...

Blockchain
Sequoia Invests in $1M+ Token Fundraising Round for Parallel DeFi Project
November 08, 2021

Sequoia Capital has invested in a $1 million-plus token fundraising round for decentralized finance (DeFi) lending project Parallel that puts the Polkadot-based protocol’s value at $250 million, CoinDesk reported Monday (Nov. 8). Sequoia made its investment less than two weeks after it said it will...

Blockchain
Report: Savings by Banks Using Blockchain to Grow 3K%
November 08, 2021

Cost savings for banks using Blockchain technology in cross-border settlements will grow by 3,330% by 2030, according to a new report from Juniper Research. The report, released Monday (Nov. 8) shows those savings rising from $301 million in 2021 to $10 billion in 2030. It...

Blockchain
Sculpture by NFT Artist Beeple Set for $15M Auction at Christie’s
October 28, 2021

Artist Beeple, who sold a digital collage at Christie’s for $69 million this spring, plans to sell a 7-foot-tall real-life sculpture named HUMAN ONE on Nov. 9 for about $15 million through Christie’s, according to a Thursday (Oct. 28) report in The Wall Street Journal....