The city of Miami is finding innovative ways to boost its revenue intake and raise funding for local projects, and one of these ways is by embracing the use of cryptocurrency. But now the city is taking it a step further by partnering with CityCoins in developing a new cryptocurrency designed specifically for Miami, and city officials believe this will generate millions of dollars in revenue.
Recent reports that Amazon Inc. might start accepting crypto payments have stemmed from a vacant job posting listed by the company last week, seeking a “Digital Currency and Blockchain Product Lead.” The financial publication City AM reported on Monday that according to an “insider”, Amazon is planning to accept crypto payments, specifically Bitcoin, by the end of the year, and is also planning to introduce its own digital coin by next year. But Amazon has denied these allegations.
One of the leading casino game providers in the industry, Betsoft Gaming, has signed an agreement with BC.Game, a premier online casino supporting crypto-only gambling. This deal will see Betsoft continuing its push into cryptocurrency and blockchain, as the provider seeks to penetrate the crypto gaming market with its “cinematic casino content and gaming solutions”, which have earned Betsoft a place among the top crypto game providers in the world.
This digital asset group has announced its merger with Far Peak Acquisition Corp which is a blank cheque company led by Tom Farley, former president of the NYSE, with the plans of taking the newly-created crypto exchange public through a SPAC (special purpose acquisition company) deal. This deal values Bullish at an astounding $9 billion, which is largely comprised of the $692 million in cash held at Far Peak and investments from various investors, as well as assets and investments from Block.one, the blockchain software developer and parent company of Bullish Global.
So you want to gamble with cryptocurrency eh? I don’t blame you! You’d be surprised at how beneficial this option could be. But to many online gambling enthusiasts, this may seem a daunting task. You may be wondering where to begin, how you can get your hands on cryptocurrency, or you might not even know what cryptocurrency is – shame on you if that’s the case! If you’re asking yourself these questions, then you’re in luck. Fortunately for you, there are some fanatics out there, like myself, that have your back in these matters (smiley face). Online gambling with cryptocurrency does indeed take a little know-how, but with just a few easy steps, you could be betting with crypto like a pro in no time.
The CryptoQueen Ponzi scheme is still making the news after years of the OneCoin founder being on the run. This time, Dr. Ruja Ignatova has been found to be in default after failing to respond to class action lawsuits. She is also allegedly at large with 230,000 Bitcoin. But she isn’t the only Crypto Queen making the news. Read more here.
Bitcoin, the world’s most popular digital currency, is due for its first upgrade in over four years, and miners across the globe have given it the thumbs up. The new “Taproot” upgrade is due to take effect in November this year and will see the currency providing a new level of transactional privacy and efficiency, according to industry experts.
The California-based cybersecurity company NortonLifeLock, has announced last week that it will be adding a cryptocurrency mining function to its already existing Norton 360 antivirus software. Norton Crypto, as it has been named, will be an additional feature added to Norton 360 Antivirus, and will allow its users to mine cryptocurrencies while their computers are idle.
The world-leading crypto gaming platform, Sportsbet.io, is giving away a Lamborghini Huracan EVO Convertible to the value of 6.86 BTC to one lucky delegate attending the Bitcoin 2021 Conference in Miami. Who will win this incredible supercar? We’ll find out at the After Party.
The crypto community was left in shock after the announcement of China’s latest crackdown on cryptocurrencies, which included not only the ban of financial services related to cryptos and the trading of digital currencies but also the mining of said currencies. China has been the global bitcoin mining hub throughout the years and is responsible for around 65% of all bitcoin mining worldwide, even after the recent ban. But the effects of local regulations are pushing large mining operations out of the country. Several big mining firms have ceased operations in China and are looking to move their operations to regions such as Central Asia and North America.