Category: Blockchain

Swiss’s Luxury Hotel Chedi Andermatt Accepts Cryptocurrency Payments

Swiss local media report Thursday The Chedi Andermatt, a luxury hotel run by billionaire Samih Sawiris, said it will allow guests to use cryptocurrency to pay for their stay in the Swiss Alps.  The five-star luxury hotel locates in the most luxurious and secret ski resort in Switzerland-Andermatt, which was founded in 2013 . According to a Swiss news

UK Billionaire Simon Nixon’s Family Office Announces Plans to Enter Cryptocurrency Market

Seek Capital family office wants to dip its toes in the crypto landscape. Seek Capital’s managing director, Adam Proctor, revealed that the UK billionaire Simon Nixon, the founder of Seek Capital family, has approved the decision for his venture capital firm to increase its interest in cryptocurrencies. Proctor talked about the development and stated that

Constellation Network to Provide Blockchain Security for US Air Force’s Data Sharing Needs

The United States Air Force (USAF) has tapped the services of Constellation Network to build a secure data infrastructure using blockchain technology to help secure the data sharing processes with its commercial partners. According to the issued press release, Constellation will be deploying its blockchain protocol Hypergraph Transfer Protocol (HGTP) to provide end-to-end data security

Coinbase Poaches Facebook’s Former Head of Product to be New CMO

Coinbase Global has hired former Facebook executive Kate Rouch as its new chief marketing officer.   Emilie Choi, the president and chief operating officer at Coinbase exchange, wrote about the development in a blog post on Thursday, August 26. Before joining Coinbase, Rouch spent more than 11 years in various positions at Facebook. Most recently, she

Crypto Trading Income eToro Spikes to $264 Million in Q2

eToro, the world’s leading social trading platform, announced its latest financial results that ended 30 June 2021 on Wednesday, August 25. The multi-asset investment platform saw income generated from charging commissions on cryptocurrency trades rose in the second quarter and also registered new users during the period. The financial report indicates that cryptocurrency trades contributed

Reasons Behinds Bitcoin Could Not Break the $50K Psychological Barrier

The leading cryptocurrency Bitcoin experienced a robust bullish rally this week, rebounding from the week’s lowest point of $43,998 to the highest point of $50562.11 on August 23, which is the first time since the panic selling of cryptocurrencies in mid-May caused panic due to multi-party suppression. According to Coinmarketcap, Bitcoin has decreased by 2.03% within

UK FCA Clears Binance, Saying Exchange Has Complied with its Demands

Weeks after declaring the Binance exchange, the world’s largest trading platform, unfit from operating on its shores, the United Kingdom’s Financial Conduct Authority (FCA) has issued a notice clearing the exchange. Published on Wednesday, August 25, as an attachment to the earlier proscription of the trading platform, the FCA said Binance has complied with all aspects

Bitcoin Mining Difficulty Hits One Month High

Bitcoin’s mining difficulty has hit a new one month high, with the network metric rising for the third time in the past 30 days. As gleaned from data platform, Coinwarp, The current Bitcoin difficulty is 17.62 T at block 697,657, resulting in a Bitcoin mining difficulty increase of 3.86 % in the last 24 hours.

Fox Corp Leads a $100M Strategic Investment in Blockchain Digital Content Management Company Eluvio

U.S. media giant Fox Corp announced a $100 million strategic investment in Eluvio, a blockchain digital content management company founded by Emmy technical experts Michelle Munson and Serban Simu, to expand the Non-fungible token (NFT) business. Through the $100 million Series A financing led by Fox Corp, Eluvio will further expand the widespread use of

Facebook Aims to Integrate NFTs in Novi Digital Wallet

American social media giant Facebook Inc is working on integrating Non-Fungible Tokens (NFTs) in its soon to be launched Novi Digital Wallet.  Speaking to Bloomberg TV, David Marcus, the Facebook executive in charge of the firm’s crypto development, revealed that the firm is working to integrate NFTs to support the consumers using the innovative wallet. “We’re