Jeff Zirlin runs the largest NFT project ever created. His monster battling game, Axie Infinity, boasts 1 million users and has generated $2.1 billion in sales, and it costs about $1,500 just to buy enough monsters required to …
MoreTag: Cryptocurrency adoption
Leading asset manager Union Investment to add Bitcoin exposure to various funds
Frankfurt-based asset management company Union Investment is going to add Bitcoin to its various funds. Daniel Bathe, senior commodities portfolio manager, told Bloomberg that the allocation will be limited to 2%: We are considering …
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Could cryptocurrency replace the dollar in five years? Bankers say it could
Crypto adoption is no longer something that is expected to happen. It is already happening. A recent survey from Deloitte has shown some interesting findings. The survey polled professionals from …
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The fan token of Paris Saint-Germain F.C. surges amid Messi transfer talks
The price of Paris Saint-Germain Fan Token has gone haywire amid media reports about the Lionel Messi transfer, even outperforming meme cryptocurrency Dogecoin. According to data provided by CoinMarketCap, the PSG …
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SBI, Hamamatsu Iwata Bank pick Ripple’s tech for international remittance
Japan’s SBI has been a long-standing partner of Ripple since 2016. SBI Remit, a subsidiary of banking giant SBI, recently announced collaboration with a major Japanese bank – Hamamatsu Iwata. …
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Leading Israeli Asset Manager To Pour $100 Million Into Bitcoin
Altshuler Shaham, the biggest investment house in Israel, has gained exposure to Bitcoin by putting $100 million into the shares of Grayscale Bitcoin Trust (GBTC), Globes reports. The transaction took place …
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Bitcoin payments will be accepted by Major Canadian Car Dealer
Quebec-based car dealer HGreg has announced that it will start accepting cryptocurrencies in a press release. HGreg president John Hairabedian expects the bold move to improve clients’ shopping experience: Our desire to …
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Federal Reserve is “looking very carefully” into a digital dollar
In his remarks for the Senate Banking Committee, Federal Reserve Chairman Jerome Powell mentioned that a digital dollar was a “high-priority” project. However, at this stage, the central bank is still assessing …
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Miami is to officially become USA’s biggest Bitcoin hub
Miami’s City Commission has successfully passed a resolution proposed by Mayor Francis Suarez that allows municipal employees to get paid in Bitcoin. The workers of the Magic City will be able to …
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America’s Oldest Bank is opening its doors to Bitcoin
Bitcoin embraced by the Bank of New York Mellon Corp., the oldest banking institution in the U.S., according to a Feb. 11 report by The Wall Street Journal. The bank will …
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