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.
Blog Archives for Cryptocurrencies
Here you can see all the recent blog posts about Cryptocurrencies.
Amazon denies rumors of crypto payments, but clues hint otherwise
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.
Betsoft Gaming and BC.Game Casino Sign Crypto Agreement
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.
Client Sues Coinbase over “Deceptive” Doge Ad Campaign
The crypto exchange Coinbase is being sued by a client in a class action lawsuit worth $5 million regarding the exchange’s recent Dogecoin sweepstake. The client claims to have been “deceived” into purchasing Doge on Coinbase’s platform by an advertising campaign aimed to encourage the trading of the digital currency.
Crypto Trading Plummets as Much as 40% During the Month of June
Mining and trading crackdown in China plus high volatility are the biggest contributors behind the significant dive. Not the Finest Hour Last month was not the finest hour for cryptocurrency trading volume and there was a reportedly huge drop of as much as 40%. CryptoCompare, a price and volume tracking organization, is behind the recent […]
EU in Need of a Central Cryptocurrency Regulator, Says France
A pan-European governing authority would help take back control of the market while dealing with concerns about the existing criminal activity. The Only Way Forward With the current European crypto market currently estimated to be worth over €1 trillion, is giving the regulatory reins to one central entity the only way forward? The answer is […]
Bullish Global Partners with Far Peak in Going Public on NYSE with New Crypto Exchange
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.
A beginner’s guide to gambling with cryptocurrency
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.
Japan on Track for a Digital Yen at the End of 2022
The currency is not to meddle in private businesses and needs to work well together with its counterpart from other countries. Plans for the Future Countries everywhere are ramping up the discussion of their own central bank digital currency (CBDC) and Japan is the latest to go public with its plans for the future. Referred […]
Could Ethereum Overtake Bitcoin? Yes, Says Goldman Sachs
Its increasing popularity makes ETH a serious contender to pass BTC and take over as the most valuable digital currency. Breathing Down Its Neck Is BTC at risk of losing its position as the world’s most valuable digital currency? Well, according to Goldman Sachs, it just might be. Being one of the top American investment […]
