Author: Donald Munn
The launch of “volcano bonds”, i.e. government bonds in Bitcoin, in El Salvador seems to have been postponed. The debut was expected between 15 and 20 March, but did not take place. New speculation is that the launch will take place by September. Delayed launch of Volcano bonds in El Salvador The debut of the Bitcoin bonds was scheduled for the third week of March, as announced by the local finance minister, Alejandro Zelaya. To date, the investment instrument has not yet been launched, which suggests that caution has prevailed. After all, although demand seems to be very high, Bitcoin…
The President of the ECB Christine Lagarde is once again ranting against cryptocurrencies, claiming that they are used by Russia to circumvent sanctions. Lagarde’s statements on Russia, sanctions and cryptocurrencies At an online event, the President of the ECB spoke about the use of cryptocurrencies. As Bloomberg reports, she stated: “When you see the volumes of rubles into stable, into cryptos, at the moment it is the highest level that we have seen since maybe 2021″. Speaking of cryptocurrencies, she added that they are: “certainly being used, as we speak, as a way to try to circumvent the sanctions that…
A new draft of a bill to ban Bitcoin mining in New York State for two years was approved yesterday by members of the State Assembly’s Environmental Conservation Committee. The bill to ban Bitcoin mining in New York Bloomberg reports that the bill will establish a moratorium on Proof-of-Work mining operations. However, the proposal still has several steps to go through to become law. First, it will have to obtain majority approval from the two branches of the entire state legislature, and then the signature of Governor Kathy Hochul. At this point in time, it is difficult to predict whether…
Trenitalia and Ferrovie dello Stato, the companies that operate rail transport in Italy, have been hit by a ransomware hacker attack demanding a ransom in Bitcoin. Ferrovie dello Stato hacker attack: 5 million ransom in Bitcoin According to a photo that appeared in Corriere della Sera, one of the most important national newspapers, cybercriminals have spread a Cryptolocker-type virus and demanded a $5 million payment in Bitcoin within three days in order to unlock the systems. After these three days, the ransom doubles to $10 million. This type of ransomware has blocked Trenitalia’s computer systems, so much so that yesterday…
Binance Labs announces that it has led an $8 million funding round for Tea, a new company building an open-source software platform based on the blockchain. Binance Labs funds Tea Binance’s venture capital and innovation incubator, Binance Labs, has announced that it has led the $8 million funding round for Tea, so it can invest in the blockchain-based open source. Warmest welcome to @teaxyz_ , a unique company building an open-source software platform on the blockchain, to join Binance Labs family!https://t.co/AUMxEKTUu6 — Binance Labs Fund (@BinanceLabs) March 23, 2022 “Warmest welcome to @teaxyz_, a unique company building an open-source software…
After Putin’s Russia banned foreign social and news sites in the country, accused of propaganda and misinformation, there was a boom in downloads of the Russian version of the world’s most famous online encyclopaedia, Wikipedia. Wikipedia in Russia, +4000% of downloads According to the Slate website, the Russian version of the site was downloaded 4000% more in March than in January. This fact shows that not all Russians fully believe in the one-way information campaign that the Kremlin has been conducting since the beginning of the conflict. Wikipedia at risk of censorship According to experts, the Kremlin may soon ban…
The new Bored Ape metaverse, called Otherside, is expected to arrive in April. The official announcement was made by Yuga Labs on Twitter. See you on the Otherside in April. Powered by @apecoin pic.twitter.com/1cnSk1CjXS — Yuga Labs (@yugalabs) March 19, 2022 ApeCoin in the metaverse Yuga Labs has developed both Bored Ape Yacht Club and ApeCoin. In fact, the company claims that the new metaverse will be “powered by ApeCoin”. Otherside will be developed in conjunction with online gaming giant Animoca Brands, and there is speculation that it will also be a project linked to other NFT series issued directly…
Nikeland, Nike’s shop in the Roblox metaverse, is enjoying great success, with nearly 7 million people visiting since its launch five months ago. Not only that, Nike is using this strategy to attract new visitors, such as the welcoming of LeBron James to Nikeland during NBA All-Star Week. Nikeland: nearly 7 million people visited Nike’s shop in the metaverse Nike is reportedly exceeding its own expectations in terms of both revenue and digital strategy. In its shop in the Roblox metaverse, Nikeland, as many as 6.7 million people from 224 countries have visited it since November. In practice, Nikeland is…
SPONSORED POST* We live in an age where the Metaverse is quickly becoming a household topic. Today, we have many of these projects jostling for market share, each claiming to be the best. Yet, for all the good that they may bring, most have several flaws. For starters, they’re inaccessible to many. That’s because they charge high access fees and require you to have high-end devices. Thus, they’ve tended to be a preserve of the crypto-wealthy. Additionally, the platforms lack communication tools making user interactions depend on clunky game-play mechanics. Further, their avatars are unrealistic, limiting your options for real-life personalization.…
A survey conducted by OnePoll and commissioned by Tokenise reveals that 24% of Brits are ready to invest in tokens or NFTs. In this case, tokens refer to security tokens or royalty tokens (tokens that produce an interest-bearing income). Investing in tokens and NFTs, the survey The survey interviewed 2,000 people during the last quarter of 2021. The responses show an increased awareness among Brits of their investments. The respondents are people who have already come into contact with tokens in general and NFTs. This could also be due to the effects of the Covid-19 pandemic which has increased the…