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September 2022

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LUXURY RESORT PALAZZO VERSACE DUBAI NOW ACCEPTS BITCOIN

In partnership with Binance, the luxury resort now accepts bitcoin for goods and services on-site and plans to launch online payments in the near future. Palazzo Versace Dubai is now accepting bitcoin for goods and services in the UAE. Customers can pay for events, spa experiences, and other services on site with the Binance app. […]

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Twitter calls Elon Musk’s third attempt to scrap acquisition invalid ahead of key shareholder vote

KEY POINTS Twitter said Monday payments to a whistleblower did not breach any of its obligations under the $44 billion acquisition proposed by Elon Musk, after the billionaire sent a third letter to try to call off the deal. Twitter shareholders will vote on Tuesday on whether to approve or reject Musk’s takeover bid. In

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Nearly 100 Countries are Developing their CBDC by July – IMF

According to the International Monetary Fund (IMF) report, as of July 2022, nearly 100 central bank digital currencies (CBDCs) are in the research or development stage around the world. The International Monetary Fund (IMF) is headquartered in Washington D.C., consisting of 190 countries that aim to foster global monetary cooperation. The IMF was formed in 1944

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Ford Files 19 Trademark Applications Preparing a Possible Metaverse Push

Leading automotive company Ford has filed 19 trademark applications related to possible metaverse activities. In the documents, the company hints at the potential launch of Ford-branded NFTs (non-fungible tokens) on its own marketplace, and also refers to the offering of virtual models of its cars, including Mustang, Mustang Mach-E, and the Bronco. Ford Hints at

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August saw a 13% drop in the price of Bitcoin; how the Merge will reduce Ethereum's energy consumption

August saw a 13% drop in the price of Bitcoin; how the Merge will reduce Ethereum’s energy consumption

August saw a 13% drop in the price of Bitcoin; how the Merge will reduce Ethereum’s energy consumption Kyle McDonald, an unbiased researcher, predicts that the Bitcoin community might also additionally be “regulated away,” inflicting the charge of bitcoin to collapse. He recommends promoting bitcoin now. The cause is that once the Ethereum blockchain switches

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Latin America is ready for crypto — just integrate it with their payment systems

Brazil is already leading the globe in cryptocurrency adoption. Integrating crypto with payment providers in the region is a surefire way to see Latin America fully embrace the industry. OPINION   Thriving on exploiting users’ data, Web2 monopolies like Facebook and Google have ushered in an era of massive internet centralization in recent years. This

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SEC to Set up Specialized Unit for Crypto Issuer Filing

The US Securities and Exchange Commission (SEC) will create dedicated offices to deal with filings related to the life science sector and cryptocurrencies. The regulator announced this development on September 9, saying the “Office of Industrial Applications and Services” and “Office of Crypto Assets” will become its newest offices. It already has seven dedicated offices under the

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Shiba Inu’s whales have this to say to SHIB’s traders

The euphoria around meme-based cryptocurrency Shiba Inu has translated into a rapid surge in accumulation recently. The number of SHIB holders has now hit an all-time high after peaking at 1.22 million. This historic peak comes after a period of strong accumulation of late. There has also been a hike in whale holdings as strong bullish signals were

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Terra back from the dead? LUNA price rises 300% in September

The incredible LUNA rally took place amid a flurry of positive and negative events while technicals suggest a correction is coming. ALTCOIN WATCH   Terra has become a controversial blockchain project after the collapse of its native token LUNA and stablecoin TerraUSD (UST) in May. But its recent gains are hard to ignore for cryptocurrency traders. LUNA

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XRP Can Now Be Burned via Bitcoin Payment App on XRPL, Here Is How

A recent report takes a look at proof-of-stake chains: Cardano, Polkadot and Avalanche. The proof-of-stake consensus mechanism powers blockchains such as Cardano, Tezos, Polkadot and Avalanche and allows staking and the creation of validator nodes. Currently, Cardano has over 1,182,080 staked wallets with a staking ratio of 72.63%, which reflects a high degree of decentralization. Polkadot, on the other hand,

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